Yr 10 Business Studies Revision

1. Enterprise

1.1. Definition of Entrepreneur

1.2. Characteristics

1.3. Innovation

1.4. Thinking skills

2. Production

2.1. Improving Productivity

2.1.1. Specialisation

2.1.2. Division of Labour

2.1.3. Technology

2.1.4. Definition of Productivity

2.2. Production processes

2.2.1. what is production

2.2.2. Production systems

2.2.2.1. Flow

2.2.2.2. Batch

2.2.2.3. job

2.2.2.4. service delivery

2.2.3. Resources

2.2.3.1. Natural

2.2.3.2. Capital

2.2.3.3. Human

3. Business Planning

3.1. Why plan

3.2. elements of plan

3.2.1. Vision/mission statement

3.2.2. Production Plan

3.2.3. Marketing Plan

3.2.3.1. research

3.2.3.2. 5 P's

3.2.4. Financial Plan

4. Accounting

4.1. Business Accounting

4.1.1. Income Statement

4.1.2. Accounting Concepts

4.1.3. Balance Sheets

4.2. Personal Accounting

4.2.1. Budget

4.2.1.1. Calculating

4.2.1.2. Adjusting

4.2.2. Statement of Affairs