WJEC • Business studies

Component 1 Business Eduqas - The Boston Matrix square showing: - Dogs - Cash Cows - Stars - Question marks/ Problem Children

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - gearing ratio definition - current ratio explained - acid test ratio explained - explained differences in gearing ratio - high gearing - low gearing - evaluation of shareholder capital (low gearing) - reasons for debt finance in high gearing

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - Return on capital employed -ROCE - formula for ROCE - current ratio and formula - gearing ratio and formula - acid test ratio and formula - reasons for too many current assets

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - financial ratios - usefulness of ratios - users of ratios - GPM and formula - NPM and formula - how to improve NPM and GPM - how to improve ROCE (return on capital employed)

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - favourable variance - adverse variance - factors causing adverse sales variances - factors causing favourable sales variances - factors causing favourable cost variances - factors causing adverse cost variances - methods of window dressing - benefits of window dressing accounts for the business

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - calculation for working capital - current assets - valuing fixed assets - depreciation - calculation for the straight line depreciation method - budget variances - calculation of variances - why we use depreciation - benefits and drawbacks of depreciation

Component 2 Eduqas Business - Definitions, Pros and Cons and Evaluation of the following topics: - income statement and balance sheets - purpose of balance sheet - stakeholders interest in a firms financial position (balance sheet) and why - balance sheet terminology - assets ranked by liquidity - components on a balance sheet - retained profit - reason it is called a balance sheet

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

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

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