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AQA BUSS1 Topic Tracker - Tutor2u

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<strong>AQA</strong> GCE Business Studies<br />

<strong>BUSS1</strong>- Planning & Financing a Business<br />

EXAM PAPER TOPIC TRACKER<br />

Keep track of which topics have been examined in the real papers for <strong>BUSS1</strong>


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

You might also find the following resources for <strong>BUSS1</strong> from tutor2u useful:<br />

<strong>BUSS1</strong> Revision Guide<br />

<strong>AQA</strong> AS Business (<strong>BUSS1</strong>) - Revision Quizzes<br />

<strong>AQA</strong> AS Business (<strong>BUSS1</strong>) - The Basics for Revision<br />

<strong>AQA</strong> <strong>BUSS1</strong> Pierre’s Personalised T-Shirts - Observations & Suggested Answers<br />

<strong>AQA</strong> AS Business (<strong>BUSS1</strong>) Opportunities for Evaluation<br />

<strong>AQA</strong> AS Business (<strong>BUSS1</strong>) - Key <strong>Topic</strong> Revision Checklist<br />

<strong>AQA</strong> AS Business (<strong>BUSS1</strong>) - Specification Resource Map<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

Enterprise and Entrepreneurs<br />

Entrepreneurs<br />

Explain a personal<br />

characteristic of the<br />

entrepreneur (3)<br />

Motives for starting a<br />

business<br />

Downsides of<br />

starting a business<br />

Risk and reward<br />

Opportunity cost<br />

Define opportunity<br />

cost (2)<br />

Government and<br />

entrepreneurs<br />

State two ways in<br />

which the<br />

government<br />

supports<br />

entrepreneurs (2)<br />

Generating and Protecting Business Ideas<br />

Sources of business<br />

ideas<br />

What makes a good<br />

idea<br />

Franchises<br />

Evaluation of<br />

decision to set up<br />

as an independent<br />

business rather<br />

than buy a<br />

What is meant by<br />

the term<br />

“franchisee” (2)<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

franchise (17)<br />

Protecting a<br />

business Idea<br />

Explain two<br />

possible benefits<br />

from having a<br />

patent (7)<br />

Analysis of benefits<br />

of a franchisor<br />

protecting business<br />

idea & products (10)<br />

Transformation Resources into Goods and Services<br />

Inputs to the<br />

transformation<br />

process<br />

Outputs from the<br />

transformation<br />

process<br />

Adding value<br />

Business Plans<br />

Contents of a<br />

business plan<br />

Limitations of a<br />

business plan<br />

Sources of<br />

information and<br />

guidance<br />

Define adding value<br />

(2)<br />

Explain how<br />

personalizing a<br />

product can add<br />

value (4)<br />

Market Research for a Start-up<br />

Primary Research Define primary State an alternative<br />

method of primary<br />

Explanation of why<br />

a startup chooses to<br />

Evaluation of the<br />

strength of market<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

market research (2)<br />

research to the<br />

ones used (1)<br />

use primary market<br />

research (6)<br />

research carried out<br />

(15)<br />

Analysis of the<br />

limitations of the<br />

primary research<br />

undertaken (9)<br />

Secondary Data<br />

Quantitative and<br />

qualitative research<br />

What is meant by<br />

the term “qualitative<br />

market research”<br />

(2)<br />

Explain how results<br />

of qualitative market<br />

research benefited<br />

the business (6)<br />

Sampling<br />

Understanding Markets<br />

Define quota<br />

sampling (2)<br />

Define random<br />

sample (2)<br />

Defining a market<br />

Calculate market<br />

share (3)<br />

Calculate the size<br />

of the market (4)<br />

Calculate the size of<br />

the market (4)<br />

Define an electronic<br />

market (2)<br />

Geographical<br />

markets<br />

Factors affecting<br />

demand<br />

Evaluation of the<br />

factors that affect<br />

demand for case<br />

study products (13)<br />

Introduction to<br />

market segmentation<br />

Why use market<br />

segmentation<br />

Explain two benefits<br />

of targeting a<br />

market segment (6)<br />

Explain an<br />

advantage of<br />

targeting a niche<br />

market (4)<br />

Explain two<br />

problems of moving<br />

away from a market<br />

niche (6)<br />

Defining what is<br />

meant by a market<br />

segment (2)<br />

Demographic<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

segmentation<br />

Geographic<br />

segmentation<br />

Limitations of market<br />

segmentation<br />

Analysing market<br />

data<br />

State formula for<br />

calculating market<br />

share % (2)<br />

Choosing a Legal Structure<br />

Defining the different<br />

structures<br />

Comparing the<br />

different structures<br />

Social enterprises<br />

Sources of Finance for a Start-up<br />

Discussion of the<br />

decision to change<br />

from being a sole<br />

trader to a private<br />

limited company<br />

(14)<br />

Analysis of two<br />

benefits of forming<br />

a partnership (10)<br />

Internal sources<br />

External sources<br />

Personal sources<br />

Analysing two<br />

benefits of<br />

arranging a bank<br />

overdraft (10)<br />

Analysis of benefits<br />

of having a bank<br />

overdraft (10)<br />

Analysis of reasons<br />

for choosing<br />

personal sources of<br />

finance rather than<br />

a bank loan (10)<br />

Choosing the right<br />

Evaluation of the<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

source of finance<br />

choice of venture<br />

capital over bank<br />

loan as source of<br />

finance (14)<br />

Choosing the Business Location<br />

Factors affecting the<br />

choice of location<br />

Evaluation of the<br />

choice of location for<br />

the new business<br />

(17)<br />

Define the term<br />

“infrastructure” (2)<br />

Evaluation of the<br />

decision to locate a<br />

business in a city<br />

centre (15)<br />

Technology & homebased<br />

start-ups<br />

Employing People<br />

Full-time employees<br />

Part-time employees<br />

Explain two<br />

advantages of using<br />

part-time employees<br />

in the business (6)<br />

Temporary contracts<br />

Analyse the<br />

possible reasons<br />

for employing a<br />

mixture of<br />

permanent and<br />

temporary<br />

employees (10)<br />

Consultants and<br />

advisers<br />

Analyse the benefits<br />

of using a<br />

consultant (9)<br />

Flexible working<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

Calculating Costs, Revenues and Profits<br />

Meaning & importance<br />

of profit<br />

Measuring sales<br />

Calculation of<br />

forecast customer<br />

numbers (3)<br />

Measuring costs<br />

Definition of “fixed<br />

costs” (2)<br />

Calculation of profit<br />

Calculation of<br />

expected profit in<br />

the first year of<br />

trading (5)<br />

Calculation of<br />

budgeted profit (5)<br />

Calculation of<br />

expected profit (3)<br />

Calculation of<br />

added value (3)<br />

Using Break-even Analysis in Decision-making<br />

Contribution<br />

Calculation of total<br />

contribution (4)<br />

Calculate the<br />

forecast “total<br />

contribution” for in<br />

2010 (5)<br />

Calculation of total<br />

contribution (3)<br />

Break-even level of<br />

output<br />

Using a table to<br />

calculate break-even<br />

output<br />

Calculate breakeven<br />

quantity (5)<br />

Calculation of<br />

change in forecast<br />

break-even output<br />

(7)<br />

Using a formula to<br />

calculate break-even<br />

output<br />

Using a chart to<br />

calculate break-even<br />

Amending a breakeven<br />

chart to show<br />

Using break-even<br />

chart to calculate<br />

and illustrate breakeven<br />

calculations<br />

(6)<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

output<br />

impact of two<br />

changes (4)<br />

Changes to breakeven<br />

Calculate the<br />

change in breakeven<br />

output (6)<br />

Analysis and<br />

evaluation of<br />

options to reduce<br />

the break-even<br />

output (15)<br />

Strengths and<br />

limitations of breakeven<br />

analysis<br />

Cash Flow Forecasting<br />

The nature of cash<br />

flow<br />

Define the term<br />

cash flow (2)<br />

How to forecast cash<br />

flow<br />

Complete the cash<br />

flow forecast by<br />

calculating missing<br />

figures for opening<br />

balance & net cash<br />

flow (2)<br />

Why cash flow<br />

forecasting is<br />

important<br />

Limitations of cash<br />

flow forecasting<br />

Evaluation of the role of<br />

cash flow forecasting in<br />

determining success of<br />

the business (15)<br />

Sources of information<br />

for cash flow forecasts<br />

Setting Budgets<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

Why businesses use<br />

budgets<br />

Sales budget<br />

What is meant by<br />

the term “income<br />

budget” (2)<br />

Expenditure budget<br />

Explanation of<br />

problems with<br />

expenditure budget<br />

setting (6)<br />

Profit budget<br />

Calculation of profit<br />

budget (5)<br />

Calculation of<br />

budgeted profit (3)<br />

Methods of setting<br />

the budgets<br />

Limitations of<br />

budgets<br />

Discussion of<br />

difficulties faced by<br />

the entrepreneur in<br />

setting a first budget<br />

(14)<br />

Assessing Business Start-ups<br />

The risks and causes<br />

of business failure<br />

Evaluation of<br />

whether the startup<br />

will achieve its two<br />

key objectives (16)<br />

Evaluation of<br />

whether the startup<br />

is likely to achieve<br />

its main objective<br />

for the first year (15)<br />

Assessing the<br />

business plan<br />

Evaluate whether<br />

the business is<br />

likely to achieve its<br />

business<br />

Evaluation of the role<br />

of business planning<br />

in the early success<br />

of the business (16)<br />

Evaluating the<br />

overall strength of<br />

business planning<br />

(16)<br />

Evaluation of<br />

whether shortfalls<br />

against plan are<br />

outside of<br />

entrepreneur’s<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Marks shown in<br />

brackets<br />

Jan 2009 May 2009 Jan 2010 May 2010 Jan 2011 May 2011 Jan 2012 May 2012<br />

Youssef’s<br />

Accessories<br />

Steve’s<br />

Customised Cars<br />

Love Wood Anya’s Restaurant Tom’s<br />

Hairdressing<br />

Salon<br />

Kate’s Catering<br />

Pierre’s<br />

Personalised T-<br />

Shirts<br />

The Party<br />

Entertainer<br />

objectives (17) control (15)<br />

www.tutor2u.net


<strong>AQA</strong> AS Business Studies (<strong>BUSS1</strong>) – <strong>Topic</strong> <strong>Tracker</strong><br />

Keep up-to-date with <strong>AQA</strong> <strong>BUSS1</strong> with these tutor2u resources:<br />

<strong>BUSS1</strong> – Specification Basics – Key Notes<br />

<strong>BUSS1</strong> Revision Guide<br />

<strong>BUSS1</strong> – Teacher Blog<br />

<strong>BUSS1</strong> – Specification Map<br />

<strong>BUSS1</strong> – Digital Course Companion<br />

<strong>BUSS1</strong> – Teacher PowerPoint Collection<br />

<strong>BUSS1</strong> – Practice Exam Papers (Volume 1)<br />

<strong>BUSS1</strong> – Revision Quizzes<br />

<strong>BUSS1</strong> Student Revision Workshops (December)<br />

<strong>BUSS1</strong> Key Term Quiz Bank<br />

<strong>BUSS1</strong> Key <strong>Topic</strong> Revision Checklist<br />

<strong>BUSS1</strong> Recommended Reading List<br />

<strong>BUSS1</strong> – Recommended Websites<br />

www.tutor2u.net

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