BOOK
BTEC Nationals Business Student Book 2
Catherine Richards | Jenny Phillips | Julie Smith
(2017)
Additional Information
Book Details
Abstract
Each Student Book and ActiveBook has clearly laid out pages with a range of supportive features to aid learning and teaching:
• Getting to know your unit sections ensure learners understand the grading criteria and unit requirements.
• Getting ready for assessment sections focus on preparation for external assessment with guidance for learners on what to expect. Hints and tips will help them prepare for assessment and sample answers are provided for a range of question types including, short and long answer questions, all with a supporting commentary.
• Pause point features provide opportunities for learners to self-evaluate their learning at regular intervals. Each Pause Point feature gives learners a Hint or Extend option to either revisit and reinforce the topic or encourage independent research or further study skills.
• Case study and Theory into practice features enable development of problem-solving skills and place the theory into real-life situations learners could encounter.
• Assessment practice features provide scaffolded assessment practice activities that help prepare learners for assessment. Within each assessment practice activity, a Plan, Do and Review section supports learners’ formative assessment by making sure they fully understand what they are being asked to do, what their goals are and how to evaluate the task and consider how they could improve.
• Dedicated Think future pages provide case studies from the industry, with a focus on aspects of skills development that can be put into practice in a real work environment and further study.
Table of Contents
Section Title | Page | Action | Price |
---|---|---|---|
Front Cover | Front Cover | ||
Contents | iii | ||
Introduction | iv | ||
Chapter 5: International Business | 1 | ||
A: Explore the international context for business operations | 4 | ||
International business | 4 | ||
Financing of international business | 11 | ||
Support for international business | 13 | ||
B: Investigate the international economic environment in which business operates | 15 | ||
Globalisation | 15 | ||
International trading blocs | 17 | ||
Barriers to international business | 21 | ||
C: Investigate the external factors that influence international businesses | 26 | ||
External influences | 26 | ||
International business support systems | 35 | ||
D: Investigate the cultural factors that influence international businesses | 38 | ||
Cultural factors | 38 | ||
Impact of cultural factors | 42 | ||
E: Examine the strategic and operational approaches to developing international trade | 47 | ||
Strategies for operating internationally | 47 | ||
Resource considerations | 53 | ||
Chapter 6: Principles of Management | 61 | ||
A: The definitions and functions of management | 63 | ||
Definitions of management and leadership | 63 | ||
Functions of management and leadership | 65 | ||
Business culture | 67 | ||
B: Management and leadership styles and skills | 71 | ||
Management and leadership styles | 71 | ||
Management and leadership skills | 74 | ||
C: Managing human resources | 84 | ||
Human resources (HR) | 84 | ||
Human resource planning | 87 | ||
D: Factors influencing management, motivation and performance of the workforce | 98 | ||
Motivation in the workplace | 98 | ||
Techniques to meet skills requirements | 103 | ||
Training and development | 105 | ||
Performance appraisal | 109 | ||
E: Impact of change | 114 | ||
Managing change | 114 | ||
F: Quality management | 119 | ||
Quality standards | 119 | ||
Kite marks – IiP | 120 | ||
Developing a quality culture | 120 | ||
The techniques and tools of quality management | 123 | ||
The importance and benefits of quality management | 124 | ||
Chapter 7: Business Decision Making | 137 | ||
A: Business plans | 139 | ||
Business ideas | 139 | ||
Purpose and structure of the business | 141 | ||
B: Decision making in business | 146 | ||
Sources for data collection | 146 | ||
The use of business models to aid decision making | 149 | ||
Techniques to analyse data effectively for business purposes | 152 | ||
Appropriate formats for decision making in a business context | 158 | ||
Software-generated information for decision making in an organisation | 163 | ||
C: Use of research to justify the marketing of a business | 166 | ||
Types of research | 166 | ||
Competitor analysis | 167 | ||
Trends | 168 | ||
Marketing plan | 169 | ||
D: Efficient operational management of the business | 172 | ||
Legislation | 172 | ||
Quality issues | 175 | ||
E: Understand the importance of managing resources | 177 | ||
Human resources | 177 | ||
Physical resources | 181 | ||
Financial resources | 183 | ||
F: Creation and interpretation of financial forecasts | 185 | ||
Creation and analysis of a sales forecast | 185 | ||
Create and interpret a cash flow forecast | 186 | ||
Creation and interpretation of a break-even chart | 188 | ||
Creation and interpretation of an income statement | 190 | ||
Creation and interpretation of a statement of financial position | 192 | ||
G: Viability of a business | 196 | ||
Ratio analysis | 197 | ||
Threats and ‘what if’ scenarios | 198 | ||
Contingency plan | 200 | ||
H: Demonstrate business skills/IT skills | 201 | ||
Business skills | 202 | ||
Use IT skills to create appropriate documentation | 204 | ||
Chapter 19: Pitching for a New Business | 215 | ||
A: Explore potential ideas for a micro‑business start‑up | 218 | ||
Micro‑business start‑up idea exploration | 218 | ||
Models for business opportunities | 221 | ||
Factors to be considered when setting up a micro‑business | 228 | ||
B: Develop a business plan for a viable micro-business start-up | 233 | ||
Market analysis and planning | 234 | ||
Legal aspects | 242 | ||
Financial aspects | 246 | ||
Evaluation | 251 | ||
C: Carry out a pitch for funding for the chosen micro‑business | 254 | ||
Documents and materials for pitch | 254 | ||
Review and evaluation | 258 | ||
Chapter 21: Training and Development | 261 | ||
A: Investigate training and development in a selected business | 264 | ||
Training and development | 264 | ||
Reasons for training | 264 | ||
Identification of training needs | 269 | ||
B: Examine the planning and delivery of training programmes in a selected business | 271 | ||
Types of training | 271 | ||
Costs and benefits of training and development | 276 | ||
C: Develop an appropriate induction programme for a group of new starters in a selected business | 282 | ||
Induction | 282 | ||
Benefits of a good induction programme and costs of a poor induction programme | 283 | ||
Developing an appropriate induction programme | 286 | ||
Glossary | 293 | ||
Index | 297 | ||
Back Cover | Back Cover |