Unit A2 1 Making Business Decisions

An example of how to draw a decision tree and how to draw a conclusion based upon that data.

A look at strategic analysis e.g. SWOT, PESTEL, strategic choice e.g. Ansoff and Boston Matric and Strategic Implementation through an acronoym - OGADIR. Diagrams are used and evaluation via advantages and disadvantages are provided.

A look at the income statement and statement of financial position with diagrams and examples. User of Financial Data both internal and external. How to calculate gross profit, cost of sales and net profit. How to evaluate an income statement. The assets and liabilities of a company.

A look at organic and inorganic (internal and external) growth. Advantages and disadvantages are provided.

A detailed document of who stakeholders are, their objectivesm how these objectives may clash and methods to resolve them.

General paragraphs of how to approach a short question on Ansoff Matrix using a past paper example.

An example of how to approach a exam question on a boston matrix using a past paper example.

A look at what is a decision tree, factors to include, diagrams to illustrate a decision tree and how to construct one. Advantages and disadvantages of a decision tree is provided.

A sample essday of how to approach an essay on contingency plans using a past paper with a clear conclusion drawn.

Definition of what is ratio analysis. Types of ratios. Who uses ratios? Performaance ratios i.e. ROCE, Net Profit or Gross Profit. Liquidity Ratios o.e. Current Ratio or Acid Test Ratio. Gearing ratio. Shareholder Ratios. How to evaluate a company's ratios.