TCE Business Studies Level 3 Notes

These are the 20 revision notes inside the TCE Business Studies Mastery Pack. Open any note to see what it covers before you buy.

1. How the four business functions support a common goal1 · Unit 1 — The Business Environment

   The functions and goals of business

2. Choose a business structure and finance source for the case1 · Unit 1 — The Business Environment

   Business types and finance

3. Separate internal influences from external PESTLE forces1 · Unit 1 — The Business Environment

   Internal and external influences

4. Balance stakeholder interests, opportunity and ethical conduct1 · Unit 1 — The Business Environment

   Stakeholders, entrepreneurship and ethics

5. Analyse how an operations process creates value2 · Unit 2 — Operations Management

   Inputs, transformation, outputs and competitive advantage

6. Operational decisions, technology and scheduling2 · Unit 2 — Operations Management

   Operational decisions

7. Just-in-time, inventory control and quality systems2 · Unit 2 — Operations Management

   Inventory and quality

8. Outsourcing, intellectual property and operations risk2 · Unit 2 — Operations Management

   Responsibility and risk

9. Match workforce needs to business goals3 · Unit 3 — Human Resource Management

   Workforce planning

10. Training, motivation and workforce retention3 · Unit 3 — Human Resource Management

    Development and retention

11. Performance management, agreements and separation3 · Unit 3 — Human Resource Management

    Employment cycle

12. Fairness, diversity, safety and workplace obligations3 · Unit 3 — Human Resource Management

    Australian workplace

13. Income statements, balance sheets and financial objectives4 · Unit 4 — Financial Management

    Statements

14. Calculate, compare and interpret business ratios4 · Unit 4 — Financial Management

    Ratios

15. Cash budgets, finance sources and liquidity4 · Unit 4 — Financial Management

    Cash planning

16. Contribution margin, break-even and sensitivity4 · Unit 4 — Financial Management

    Cost-volume-profit

17. Market research, SWOT and marketing objectives5 · Unit 5 — Marketing Management

    Research and objectives

18. Segment a market and position an offer5 · Unit 5 — Marketing Management

    Targeting and positioning

19. Coordinate the marketing mix and measure performance5 · Unit 5 — Marketing Management

    Marketing mix and evaluation

20. Evaluate an opportunity with reliable evidence and a feasibility study6 · Unit 6 — Business Inquiry

    Feasibility study