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Revision Session 3 Can you define: Resilience Overdraft USP If you are not sure – make an educated guess! 5 minutes

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Page 1: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3

Can you define:

Resilience

Overdraft

USP

If you are not sure –make an educated guess!

5 minutes

Page 2: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3

Can you define:

Resilience – the ability to ‘bounce back’ after a set back

Overdraft– a facility offered by a bank to withdraw more money than you have available for a short period of time

USP– Unique selling point – what sets you above your competition

Page 3: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Calculation Practice

How do we work out

something as a %?

Page 4: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Calculation Practice

How do we work out

something as a %?

(17473 ÷ 205320) x 100 (1)Answer: 8.51% (1)

Page 5: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Calculation Practice

Page 6: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Calculation Practice

Current production

BE Point400-250 (1)Answer: 150(1)

Page 7: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Exam Technique Practice

Analyse Questions

How many marks?

How many points?

How many minutes?

Context?

Page 8: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Exam Technique Practice

Analyse Questions

Lets practice!

Zoella Beauty adds value to its product range through branding. Analyse the benefit to Zoella Beauty of adding value. (6)

Page 9: Revision Session 1 · celebrity as well as an entrepreneur. After starting her lifestyle blog, 'Zoella', in 2009, she soon had thousands of followers. Zoe extended the blog to a YouTube

Revision Session 3Exam Practice

Explain one disadvantage to a small business of using an overdraft as a source of finance. (3)

Explain one benefit to employees of employment law. (3)