Q BankQuestion BankDocsDocuments

Unit 3: Business Decisions and Strategy

Syllabus
2017
Section
Level
A2

Exam analysis

No tagged past-paper evidence yet

Published Concept pages under this syllabus area do not have tagged past-paper appearances in the selected level yet.

Recent 5 years

In this section

Topic 3.3.1

3.3.1 - Business objectives and strategy

Objectives in this topic

a - Corporate objectives

Explain development of corporate objectives from mission statements and corporate aims.

Use a - corporate objectives to connect the rule to the data and decision in the question.

This matters because a - corporate objectives determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - corporate objectives to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Corporate objectives is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Mission statement appraisal

Critically appraise mission statements.

Use b - mission statement appraisal to connect the rule to the data and decision in the question.

This matters because b - mission statement appraisal determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - mission statement appraisal to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Mission statement appraisal is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Corporate strategy models

Use Ansoff Matrix and Porter Strategic Matrix in corporate strategy.

Use a - corporate strategy models to connect the rule to the data and decision in the question.

This matters because a - corporate strategy models determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - corporate strategy models to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Corporate strategy models is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Portfolio analysis

Explain the aim of portfolio analysis.

Use b - portfolio analysis to connect the rule to the data and decision in the question.

This matters because b - portfolio analysis determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - portfolio analysis to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Portfolio analysis is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Strategic and tactical resource effects

Analyse effects of strategic and tactical decisions on human, physical and financial resources.

Use c - strategic and tactical resource effects to connect the rule to the data and decision in the question.

This matters because c - strategic and tactical resource effects determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - strategic and tactical resource effects to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Strategic and tactical resource effects is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - SWOT analysis

Use SWOT analysis with internal strengths and weaknesses and external opportunities and threats.

Use a - swot analysis to connect the rule to the data and decision in the question.

This matters because a - swot analysis determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - swot analysis to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - SWOT analysis is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - PESTLE

Apply PESTLE analysis to external influences.

Use a - pestle to connect the rule to the data and decision in the question.

This matters because a - pestle determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - pestle to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - PESTLE is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Changing competitive environment

Analyse the changing competitive environment.

Use b - changing competitive environment to connect the rule to the data and decision in the question.

This matters because b - changing competitive environment determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - changing competitive environment to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Changing competitive environment is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Porter five forces

Apply Porter five forces.

Use c - porter five forces to connect the rule to the data and decision in the question.

This matters because c - porter five forces determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - porter five forces to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Porter five forces is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Topic 3.3.2

3.3.2 - Business growth

Objectives in this topic

a - Growth objectives

Analyse growth objectives including economies of scale, market power, market share, brand recognition and profitability.

Use a - growth objectives to connect the rule to the data and decision in the question.

This matters because a - growth objectives determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - growth objectives to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Growth objectives is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Organic and inorganic growth

Distinguish inorganic growth from organic growth.

Use b - organic and inorganic growth to connect the rule to the data and decision in the question.

This matters because b - organic and inorganic growth determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - organic and inorganic growth to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Organic and inorganic growth is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Organic growth methods

Explain methods of growing organically.

Use a - organic growth methods to connect the rule to the data and decision in the question.

This matters because a - organic growth methods determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - organic growth methods to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Organic growth methods is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Organic growth evaluation

Evaluate advantages and disadvantages of organic growth.

Use b - organic growth evaluation to connect the rule to the data and decision in the question.

This matters because b - organic growth evaluation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - organic growth evaluation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Organic growth evaluation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Mergers and takeovers

Analyse reasons for mergers and takeovers, differences between them, integration types, conglomerates and financial risks or rewards.

Use a - mergers and takeovers to connect the rule to the data and decision in the question.

This matters because a - mergers and takeovers determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - mergers and takeovers to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Mergers and takeovers is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Inorganic growth evaluation

Evaluate advantages and disadvantages of inorganic growth.

Use b - inorganic growth evaluation to connect the rule to the data and decision in the question.

This matters because b - inorganic growth evaluation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - inorganic growth evaluation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Inorganic growth evaluation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Diseconomies of scale

Explain diseconomies of scale as a growth problem.

Use a - diseconomies of scale to connect the rule to the data and decision in the question.

This matters because a - diseconomies of scale determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - diseconomies of scale to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Diseconomies of scale is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Internal communication problems

Analyse internal communication problems from growth.

Use b - internal communication problems to connect the rule to the data and decision in the question.

This matters because b - internal communication problems determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - internal communication problems to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Internal communication problems is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Overtrading

Explain overtrading as a growth problem.

Use c - overtrading to connect the rule to the data and decision in the question.

This matters because c - overtrading determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - overtrading to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Overtrading is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Topic 3.3.3

3.3.3 - Decision-making techniques

Objectives in this topic

a - Moving averages

Calculate time-series analysis using three-period or four-quarter moving averages.

Use a - moving averages to connect the rule to the data and decision in the question.

This matters because a - moving averages determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - moving averages to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Moving averages is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Scatter graphs and line of best fit

Interpret scatter graphs and line of best fit, including extrapolation of past data.

Use b - scatter graphs and line of best fit to connect the rule to the data and decision in the question.

This matters because b - scatter graphs and line of best fit determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - scatter graphs and line of best fit to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Scatter graphs and line of best fit is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Sales forecasting limitations

Evaluate limitations of quantitative sales forecasting techniques.

Use c - sales forecasting limitations to connect the rule to the data and decision in the question.

This matters because c - sales forecasting limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - sales forecasting limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Sales forecasting limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Simple payback

Calculate and interpret simple payback.

Use a - simple payback to connect the rule to the data and decision in the question.

This matters because a - simple payback determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - simple payback to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Simple payback is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Average rate of return

Calculate and interpret average accounting rate of return.

Use b - average rate of return to connect the rule to the data and decision in the question.

This matters because b - average rate of return determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - average rate of return to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Average rate of return is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Net present value

Calculate and interpret discounted cash flow using net present value only.

Use c - net present value to connect the rule to the data and decision in the question.

This matters because c - net present value determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - net present value to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Net present value is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Investment appraisal interpretation

Interpret figures generated by investment appraisal techniques.

Use d - investment appraisal interpretation to connect the rule to the data and decision in the question.

This matters because d - investment appraisal interpretation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - investment appraisal interpretation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Investment appraisal interpretation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

e - Investment appraisal limitations

Evaluate limitations of investment appraisal techniques.

Use e - investment appraisal limitations to connect the rule to the data and decision in the question.

This matters because e - investment appraisal limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply e - investment appraisal limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: e - Investment appraisal limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Decision tree construction

Construct and interpret simple decision-tree diagrams.

Use a - decision tree construction to connect the rule to the data and decision in the question.

This matters because a - decision tree construction determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - decision tree construction to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Decision tree construction is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Decision tree calculations

Calculate and interpret figures generated by decision trees.

Use b - decision tree calculations to connect the rule to the data and decision in the question.

This matters because b - decision tree calculations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - decision tree calculations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Decision tree calculations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Decision tree limitations

Evaluate limitations of using decision trees.

Use c - decision tree limitations to connect the rule to the data and decision in the question.

This matters because c - decision tree limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - decision tree limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Decision tree limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Critical path purpose

Explain the nature and purpose of critical path analysis.

Use a - critical path purpose to connect the rule to the data and decision in the question.

This matters because a - critical path purpose determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - critical path purpose to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Critical path purpose is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Critical path networks

Complete and interpret simple networks to identify the critical path.

Use b - critical path networks to connect the rule to the data and decision in the question.

This matters because b - critical path networks determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - critical path networks to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Critical path networks is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Critical path calculations

Calculate earliest start time, latest finish time and total float.

Use c - critical path calculations to connect the rule to the data and decision in the question.

This matters because c - critical path calculations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - critical path calculations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Critical path calculations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Critical path limitations

Evaluate limitations of critical path analysis.

Use d - critical path limitations to connect the rule to the data and decision in the question.

This matters because d - critical path limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - critical path limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Critical path limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Contribution purpose

Explain the nature and purpose of contribution.

Use a - contribution purpose to connect the rule to the data and decision in the question.

This matters because a - contribution purpose determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - contribution purpose to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Contribution purpose is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Contribution calculation

Calculate and interpret contribution.

Use b - contribution calculation to connect the rule to the data and decision in the question.

This matters because b - contribution calculation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - contribution calculation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Contribution calculation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Contribution in decisions

Use contribution as a decision-making technique.

Use c - contribution in decisions to connect the rule to the data and decision in the question.

This matters because c - contribution in decisions determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - contribution in decisions to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Contribution in decisions is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Topic 3.3.4

3.3.4 - Influences on business decisions

Objectives in this topic

a - Strong and weak cultures

Compare strong and weak corporate cultures.

Use a - strong and weak cultures to connect the rule to the data and decision in the question.

This matters because a - strong and weak cultures determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - strong and weak cultures to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Strong and weak cultures is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Culture classification

Classify company cultures as power, role, task or person cultures.

Use b - culture classification to connect the rule to the data and decision in the question.

This matters because b - culture classification determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - culture classification to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Culture classification is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Culture formation

Explain how corporate culture is formed.

Use c - culture formation to connect the rule to the data and decision in the question.

This matters because c - culture formation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - culture formation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Culture formation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Changing culture

Evaluate difficulties in changing an established culture.

Use d - changing culture to connect the rule to the data and decision in the question.

This matters because d - changing culture determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - changing culture to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Changing culture is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Internal and external stakeholders

Distinguish internal from external stakeholders.

Use a - internal and external stakeholders to connect the rule to the data and decision in the question.

This matters because a - internal and external stakeholders determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - internal and external stakeholders to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Internal and external stakeholders is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Stakeholder objectives

Analyse stakeholder objectives.

Use b - stakeholder objectives to connect the rule to the data and decision in the question.

This matters because b - stakeholder objectives determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - stakeholder objectives to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Stakeholder objectives is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Stakeholder and shareholder influences

Compare stakeholder-focused decisions with shareholder-return-focused decisions.

Use c - stakeholder and shareholder influences to connect the rule to the data and decision in the question.

This matters because c - stakeholder and shareholder influences determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - stakeholder and shareholder influences to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Stakeholder and shareholder influences is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Stakeholder conflict

Analyse conflict between profit-based shareholder objectives and wider stakeholder objectives.

Use d - stakeholder conflict to connect the rule to the data and decision in the question.

This matters because d - stakeholder conflict determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - stakeholder conflict to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Stakeholder conflict is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Ethics and strategy

Evaluate trade-offs between profit and ethics in strategic decisions.

Use a - ethics and strategy to connect the rule to the data and decision in the question.

This matters because a - ethics and strategy determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - ethics and strategy to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Ethics and strategy is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Pay and rewards ethics

Analyse ethical issues in pay and rewards.

Use b - pay and rewards ethics to connect the rule to the data and decision in the question.

This matters because b - pay and rewards ethics determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - pay and rewards ethics to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Pay and rewards ethics is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Corporate social responsibility

Evaluate corporate social responsibility.

Use c - corporate social responsibility to connect the rule to the data and decision in the question.

This matters because c - corporate social responsibility determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - corporate social responsibility to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Corporate social responsibility is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Topic 3.3.5

3.3.5 - Assessing competitiveness

Objectives in this topic

a - Statement of comprehensive income

Interpret key information and stakeholder interest in statements of comprehensive income.

Use a - statement of comprehensive income to connect the rule to the data and decision in the question.

This matters because a - statement of comprehensive income determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - statement of comprehensive income to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Statement of comprehensive income is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Statement of financial position

Interpret key information and stakeholder interest in statements of financial position.

Use b - statement of financial position to connect the rule to the data and decision in the question.

This matters because b - statement of financial position determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - statement of financial position to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Statement of financial position is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Financial ratio calculation

Calculate and interpret gross profit margin, operating profit margin, profit-for-the-year margin, current ratio, acid-test ratio, gearing and return on capital employed using the prescribed financial statements and formulae.

Use a - financial ratio calculation to connect the rule to the data and decision in the question.

This matters because a - financial ratio calculation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - financial ratio calculation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Financial ratio calculation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Ratio interpretation

Interpret ratios to make business decisions.

Use b - ratio interpretation to connect the rule to the data and decision in the question.

This matters because b - ratio interpretation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - ratio interpretation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Ratio interpretation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Ratio limitations

Evaluate limitations of ratio analysis.

Use c - ratio limitations to connect the rule to the data and decision in the question.

This matters because c - ratio limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - ratio limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Ratio limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - HR calculations

Calculate and interpret labour productivity, labour turnover, retention and absenteeism.

Use a - hr calculations to connect the rule to the data and decision in the question.

This matters because a - hr calculations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - hr calculations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - HR calculations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - HR calculation limitations

Evaluate limitations of human resource calculations.

Use b - hr calculation limitations to connect the rule to the data and decision in the question.

This matters because b - hr calculation limitations determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - hr calculation limitations to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - HR calculation limitations is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - HR strategies

Evaluate financial rewards, employee share ownership, consultation and empowerment as strategies to improve productivity and retention and reduce turnover and absenteeism.

Use c - hr strategies to connect the rule to the data and decision in the question.

This matters because c - hr strategies determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - hr strategies to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - HR strategies is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

Topic 3.3.6

3.3.6 - Managing change

Objectives in this topic

a - Organisational culture and change

Analyse organisational culture as a key factor in change.

Use a - organisational culture and change to connect the rule to the data and decision in the question.

This matters because a - organisational culture and change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - organisational culture and change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Organisational culture and change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Organisation size and change

Analyse organisation size as a key factor in change.

Use b - organisation size and change to connect the rule to the data and decision in the question.

This matters because b - organisation size and change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - organisation size and change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Organisation size and change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

c - Speed of change

Analyse time and speed of change.

Use c - speed of change to connect the rule to the data and decision in the question.

This matters because c - speed of change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply c - speed of change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: c - Speed of change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

d - Resistance to change

Evaluate managing resistance to change.

Use d - resistance to change to connect the rule to the data and decision in the question.

This matters because d - resistance to change determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply d - resistance to change to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: d - Resistance to change is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

e - Transformative leadership

Explain transformative leadership in managing change.

Use e - transformative leadership to connect the rule to the data and decision in the question.

This matters because e - transformative leadership determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply e - transformative leadership to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: e - Transformative leadership is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

a - Risk assessment

Identify key risks through risk assessment, including natural disasters, IT systems failure and loss of key staff.

Use a - risk assessment to connect the rule to the data and decision in the question.

This matters because a - risk assessment determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - risk assessment to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - Risk assessment is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

b - Risk mitigation planning

Plan risk mitigation through business continuity and succession planning.

Use b - risk mitigation planning to connect the rule to the data and decision in the question.

This matters because b - risk mitigation planning determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - risk mitigation planning to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Risk mitigation planning is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Business A2