Revision Resource

Teaching Outline for Theme 2 (Unit 2)

Teaching Outline for Theme 2 (Unit 2): Managing Business Activities

Planning a Business and Raising Finance

  • Content and relevance of a business plan
  • Internal finance: owner’s capital, retained profit, sale of assets
  • External finance: various sources and methods
  • Different forms of business: sole trader, partnership, private limited company, etc.
  • Growth to public limited companies and stock market flotation
  • Liability


  • Efficient use of resources to deliver goods or services effectively and to a high quality

External Influences on Business

  • Economic and legal factors affecting businesses
  • The effects of competition on businesses

Quantitative Skills

  • Students need to acquire competence in quantitative skills relevant to this unit
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