Exam (elaborations)
AQA A-LEVEL BUSINESS PAPER 1 REVISION GUIDES.
- Course
- Institution
AQA A-LEVEL BUSINESS PAPER 1 REVISION GUIDES.
[Show more]
Content preview
AQA A-LEVEL BUSINESS PAPER 1REVISION GUIDES
Why Vbusinesses Vexist V- V Vcorrect Vanswer-Can Vmake Vyou Vmoney Vand Vyou Vcan Vbe
Vyour Vown Vboss
Mission V- V Vcorrect Vanswer-a Vbusiness Vaim Vexpressed Vto Vmake Vit Vseem Vespecially
Vpurposeful Vand Vmotivating
Objectives V- V Vcorrect Vanswer-SMART VSpecific, VMeasurable, VAchievable, VRealistic,
VTime-bound
Why Vbusinesses Vset Vobjectives V- V Vcorrect Vanswer-- Vit Vis Vmotivating Vto Vhave Va Vgoal
Vto Vaim Vtoward
- Vas Va Vboss Vyou Vcan Vnot Vmake Vevery Vdecision
Profit V- V Vcorrect Vanswer-Revenue V- Vtotal Vcosts
What Vare Vthe V5 Vtypes Vof Vbusiness V- V Vcorrect Vanswer--sole Vtraders
-private Vlimited Vcompanies V(LTD)
-Public Vlimited Vcompanies V(PLC)
-Private Vand Vpublic Vsector Vorganisations V
- Vnon-profit Vorganisations V(charities)
Sole Vtraders V- V Vcorrect Vanswer-a Vbusiness Vthat Vis Vowned Vand Voperated Vby Vone
Vperson
Private VLimited VCompany V(Ltd) V- V Vcorrect Vanswer-A Vsmall Vto Vmedium Vsized
Vcompany, Vowned Vby Vshareholders Vwho Vhave Vlimited Vliability. VThe Vcompany Vcannot
Vsell Vits Vshares Vto Vthe Vgeneral Vpublic.
Private VLimited VCompany VAdvantages V- V Vcorrect Vanswer--Limited Vliability V
-Additional Vcapital Vcan Vbe Vraised Vby Vselling Vshares V(not Vto Vthe Vgeneral Vpublic)
,-Separate Vlegal Vexistence Vto Vthe Vowner V
-Higher Vbusiness Vstatus Vto Vsole Vtrader
Private Vlimited Vcompany VDisadvantages V- V Vcorrect Vanswer--You Vhave Vto Vpublish
Vthe Vaccount Vinformation
-You Vneed Vtwo Vshare Vof V£1 Veach
Public Vlimited Vcompany V(plc) V- V Vcorrect Vanswer-A Vlimited Vcompany Vwith Vmore Vthat
V£50,000 Vof Vshare Vcapital. VAny Vmember Vof Vthe Vpublic Vcan Vbuy Vshares. VPublic
Vcompanies Vmust Vpublish Vmore Vdetailed Vaccounts
Public Vlimited Vcompany VAdvantages V- V Vcorrect Vanswer--Raising Vcapital Vthrough
Vpublic Vissue Vof Vshares
-Offering Vshares Vto Vthe Vpublic Vspreads Vrisk V
-Banks Vare Vmore Vlikely Vto Vlend Vmoney Vto VPLC's
-More Vgrowth Vand Vexpansion Vopportunities V
-Having VPLC Vat Vthe Vend Vof Vyour Vbusiness Vname Vgives Va Vbetter Vimage
-Shares Vare Vmore Veasily Vtransferred Vso Vshareholders Vare Vhappier V
-Separate Vlegal Ventity Vto Vthe Vowner
public Vlimited Vcompany VDisadvantages V- V Vcorrect Vanswer--More Vregulations Vthat
Vcould Vincrease Vcosts
-Higher Vlevel Vof Vtransparency Vneeded V
-Must Vstart Vwith V£50,000 Vshare Vcapital
Private Vsector Vorganisations V- V Vcorrect Vanswer-Organisations Vowned Vby Vindividuals
Vor Vcompanies
Public Vsector Vorganisations V- V Vcorrect Vanswer-Businesses Vowned Vby Vthe
Vgovernment.
Non-profit Vorganisations V- V Vcorrect Vanswer-Businesses Vwith Va Vmotive Vother Vthan
Vprofit, Vmay Vbe Vto Vprovide Va Vsocial Vbenefit Vor Vservice Vto Vsociety Vor Vto Vsupport Va
Vcause.
Share Vcapital V- V Vcorrect Vanswer-The Vtotal Vvalue Vof Vcapital Vraised Vfrom Vshareholders
Vby Vthe Vissue Vof Vshares
Role Vof VShareholders V- V Vcorrect Vanswer-to Vraise Vimportant Vissues Vwith Vthe Vboard
Vdirectors Vand Vraise Vfunds
Why Vshareholders Vinvest V- V Vcorrect Vanswer--Annual Vdividend Vpayments V
-A Vrise Vin Vthe Vvalue Vof Vshares
Market Vcapitalisation V- V Vcorrect Vanswer-Number Vof Vissued Vshares Vx Vcurrent Vshare
Vprice
Influences Von Vthe Vprice Vof Vshares V- V Vcorrect Vanswer--The Vprofit Vafter Vtax Vof Vthe
Vcompany Vx Vthe Vvalue Vinvestors Vplace Von Von Vthose Vearnings
, Significance Vof Vshare Vprice Vchanges V- V Vcorrect Vanswer-High V= Vcheap Vand Veasy Vto
Vobtain Vmore Vshare Vcapital
Low V= Vunlikely Vto Vraise Vany Vextra Vshare Vcapital
What Vare Vthe V6 Vexternal Vfactors Vaffecting Vbusinesses V- V Vcorrect Vanswer--Market
Vconditions V
-Competition V
-Changes Vin Vhousehold Vincomes V
-Changes Vin Vinterest Vrates
-Demographic Vfactors
-Environmental Vissues
Market VConditions V- V Vcorrect Vanswer--The Vnumber Vof Vcompetitors Vin Va Vparticular
Vmarket V
-The Vintensity Vof Vcompetitiveness V
-Total Vmarket Vavailable V
-The Vrate Vat Vwhich Vthe Vmarket Vis Vgrowing
Competition V- V Vcorrect Vanswer-The Vtighter Vthe Veconomic Vand Vmarket Vconditions,
Vthe Vgreater Vthe Vcompetitive Vpressures Vtend Vto Vbe
Factors Vthat Veffect Vhousehold Vincomes V- V Vcorrect Vanswer--Changes Vin Vthe Vreal
Vincome Vof Vthe Vmain Vincome Vearner V
-The Vnumber Vof Vpeople Vin Vthe Vhousehold Vthat Vwork
-The Vimpact Vof Vgovernment Vdecisions Von Vtaxation Vand Vbenefits
Changes Vin Vinterest Vrates V- V Vcorrect Vanswer-If Vinterest Vrates Vgo Vup, Vbusinesses
Vand Vindividuals Vspend Vless. VIf Vinterest Vrates Vgo Vdown, Vbusinesses Vand Vindividuals
Vspend Vmore.
Demographic Vfactors V- V Vcorrect Vanswer--Population Vsize V
-Age V
-Gender
-Ethnicity
Environmental Vissues Vand Vfair-trade V- V Vcorrect Vanswer-Concern Vfor Vgreen Vissues
Vand Vethical Vissues Vinvolved Vwith Vbusiness.
What Vdo Vmanagers Vdo V- V Vcorrect Vanswer-Set Vobjectives, Vorganize, Vmotivate Vand
Vcommunicate, Vmeasure, Vdevelop Vpeople
What Vare Vthe Vleadership Vstyles V- V Vcorrect Vanswer--Autocratic Vmanagers V
-Democratic Vmanagers V(laissez-faire)
-Paternalistic
Autocratic Vmanagers V- V Vcorrect Vanswer-Managers Vwho Vcentralise Vpower Vand Vtell
Vemployees Vwhat Vto Vdo. VThey Vtend Vto Vuse Vone-way, Vtop-down Vcommunication.
Democratic Vmanagers V(laissez-faire) V- V Vcorrect Vanswer-Managers Vthat Vtake Vthe
Vview Vof Vtheir Vsubordinates Vinto Vaccount Vwhen Vmaking Vdecisions Vas Vwell Vas
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller HIGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80796 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now