BS4 Business Strategy and Practice
WJEC
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Summary
Business Eduqas Component 2- Sales Forecasting
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- evaluation of qualitative methods 
- factors that influence the choice of sales forecasting methods 
- reasons to use qualitative forecasting 
- limitations of qualitative forecasting 
- benefits of using IT systems when analysing data
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$4.84 More Info
roseannwright07
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Summary
Business Eduqas Component 2- Sales Forecasting
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- quantitative methods of sales forecasting: brainstorming, intuition, delphi method, expert opinion 
- advantages and weaknesses of using the delphi method 
- advantages and disadvantages of using brainstorming 
- advantages and disadvantages of using intuition
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$4.84 More Info
roseannwright07
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Summary
Business Eduqas Component 2- Sales Forecasting
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- line of best fit diagram 
- definition of correlation 
- diagrams for each type of correlation and definitions for each 
- methods of market research data that can be used in sales forecasting 
- benefits and drawbacks of test marketing
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roseannwright07
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Summary
Business Eduqas Component 2- Sales Forecasting
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- benefits and drawbacks of extrapolation 
- example of forecasting mistakes 
- implications of incorrect forecasting 
- what factors influence sales forecasts 
- how to calculate moving averages 
- moving averages diagram and definition 
- line of best fit 
- external factors affecting quantitative and qualitative sales forecasting 
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$4.84 More Info
roseannwright07
-
Summary
Business Eduqas Component 2- Sales Forecasting
-
---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- nature and purpose of sales forecasting 
- time series analysis 
- methods of time series analysis 
- usefulness and unusefulness of time series analysis for a business 
- extrapolation 
- diagram of extrapolation 
- how a business might use extrapolation
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$4.84 More Info
roseannwright07
-
Summary
Business Eduqas Component 2- Sales Forecasting
-
---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- moving average diagram 
- moving averages 
- line of best fit 
- benefits and drawbacks of extrapolation 
- example of forecasting mistakes 
- implications of incorrect forecasting 
- factors influencing sales forecasts
-
$4.84 More Info
roseannwright07
-
Summary
Business Eduqas Component 2- Sales Forecasting
-
---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- nature and purpose of sales forecasting 
- time series analysis 
- methods of time series analysis 
- usefulness and unusefulness of time series analysis for a business 
- extrapolation 
- diagram of extrapolation 
- how a business might use extrapolation
-
$4.84 More Info
roseannwright07
-
Package deal
Component 2 Eduqas Business - MULTIPLE TOPICS NOTES!!
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---3June 2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics:
- organic growth
- methods of organic growth
- advantages and disadvantages of organic growth
- inorganic growth
- methods of inorganic growth
- benefits and drawbacks of franchising
- mergers
- takeovers
- reasons for takeover and drawbacks

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$9.41 More Info
roseannwright07
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Summary
Component 2 Eduqas Business - Strategy and Implementation: organic + inorganic growth
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- organic growth 
- methods of organic growth 
- advantages and disadvantages of organic growth 
- inorganic growth 
- methods of inorganic growth 
- benefits and drawbacks of franchising 
- mergers 
- takeovers 
- reasons for takeover and drawbacks
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$4.84 More Info
roseannwright07
-
Summary
Component 2 Eduqas Business - Strategy and Implementation: methods of inorganic growth
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---1June 20252024/2025
- Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: 
- organic growth 
- methods of organic growth 
- advantages and disadvantages of organic growth 
- inorganic growth 
- methods of inorganic growth 
- benefits and drawbacks of franchising 
- mergers 
- takeovers 
- reasons for takeover and drawbacks
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$4.84 More Info
roseannwright07