Edexcel - revision site for teachers of Business Management (limited number of worksheets)*1*UNIT 1 - BUSINESS STRUCTURES, OBJECTIVES AND THE EXTERNAL ENVIRONMENT*2*Legal form of business *4*Demand*4*Supply*4*Equilibrium of demand and supply*4*Price elasticity of demand*4*Income elasticity of demand*4*Cross elasticity of demand*4*Price elasticity of supply*4*The business cycle*4*Interest rates*4*Inflation*4*Unemployment*4*The impact of interest and exchange rates on business*4*Exchange rates*4*Analysing the effects of economic variables*4*The impact of demographic trends*4*Organisational design*4*Communication*4*Types of communication*4* Informal and formal networks*4*Barriers to effective communication*4*Difficulties for larger organisations and possible solutions*4*Motivation (links only)*1*UNIT 2 - MARKETING AND PRODUCTION*2*Market Segmentation*4*Market research (small budget only)*4*Niche versus mass marketing (worksheet only)*4*Product versus market orientation*4*Marketing mix*4* Place*4* Price*4* Promotion notes*4*- Promotion PowerPoint Presentation *4* - Controls on advertising PowerPoint Presentation*4*- All is not what it seems PowerPoint Presentation*4*Product*4*Product life cycle*4* Product portfolio analysis*4* Boston product matrix*4* Economies and diseconomies of scale*4*Capacity utilisation*4* Production overview*4*Job production*4* Batch production*4*Flow production*4* Stock control*4* Kaizen (links only)*1*UNIT 3 - FINANCIAL MANAGEMENT*2*Balance sheet *4*Profit and loss account*4*Ratios:*4*- gross profit*4* - net profit*4*- return on capital employed*4*- gearing*4*- current ratio*4*- quick ratio (acid test).*4*Cash flow*4*Costs*4*Break-even*1*UNIT 4 - ANALYSIS AND DECISION MAKING*2*The impact of IT *4* Critical path analysis*4*Analysis of final accounts*4* Use and limitations of ratio analysis*4*Calculation of ratios*4* Trade Unions*4*ACAS*4*Principles of employment law*1*UNIT 5 - BUSINESS PLANNING*2*SWOT analysis*1*UNIT 6 - CORPORATE STRATEGY*2*International competitiveness*4*EMU*4*Analysing the effects of economic variables*4*Merit goods*4*Demerit goods*4*External costs and benefits*4*