Identify 3 classroom expectations mentioned earlier.
How many exams are there in GCSE business?
Two!
What are 2 areas/ departments in business?
Finance
Marketing
Human resources
Operations
What is meant by no opt out?
Always attempt to answer a question!
Which theme is on exam 2?
Theme 2
What are the 4Ps of marketing?
Product
Place
Promotion
Price
What are two ways to get achievement points?
Excellent effort
Excellent classwork
What is theme 2 called?
Building a business
What is the difference between a stakeholder and a shareholder?
A stakeholder is anyone that has an interest in the business. A shareholder is someone that owns shares in the company, and is also a stakeholder of the company.
What should you bring every lesson?
Binder with work
homework (when due)
Pen, pencils, ruler
Calculator
Which topic are we starting with and what is it about?
2.1: Business growth
What is the difference between an aim and an objective? Give an example.
A business aim is the overall long-term target or goal of the business, whereas business objectives are the short-term steps a business needs to take to meet its overall aims.
What should you do when you're absent?
Collect missed classwork
Discuss missed HW with me
What is the breakeven point?
The break-even point is reached when the total revenue exactly matches the total costs and the business is not making a profit or a loss.