Course review

6.1 Business management tools

Review each learning objective in this topic, then open its concept explanation or question set.

8 Learning objectives0 Mastered0% Topic mastery0 Attempts

Learning objective

6.1.1—SWOT analysis

New

• Tool for analysing strengths, weaknesses, opportunities, and threats • Suggested integration: Units 1, 2, 3, 4, and 5

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.2—Ansoff matrix

New

• Tool for analysing growth strategies through markets and products • Suggested integration: Units 1 and 4

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.3—STEEPLE analysis

New

• Tool for analysing social, technological, economic, environmental, political, legal, and ethical external factors • Suggested integration: Units 1, 2, and 4

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.4—Boston Consulting Group matrix

New

• Tool for analysing product portfolio position and resource allocation • Suggested integration: Units 3 and 4

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.5—Business plan

New

• Tool for planning business aims, operations, marketing, finance, and strategy • Suggested integration: Units 1, 2, 3, 4, and 5

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.6—Decision trees

New

• Tool for analysing choices, probabilities, expected outcomes, and risk • Suggested integration: Units 1 and 5

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.7—Descriptive statistics

New

• Includes mean, mode, median, bar charts, pie charts, infographics, quartiles, and standard deviation • Suggested integration: Units 2, 3, 4, and 5

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.

Learning objective

6.1.8—Circular business models

New

• Includes circular supply, resource recovery, product life extension, sharing, and product service system models • Suggested integration: Units 1 and 5

0%
Mastery
0
Attempts
0
Mistakes

Start with the concept explanation, then practise to create mastery evidence.