O Level Business 7081 lectures
26 short lectures, one for each part of the syllabus, in the order it is taught. Each one teaches a topic on the board in a few minutes. The teaching part is free to watch; a free account opens the rest of every lecture: worked examples, practice questions and real past-paper questions answered.
Chapter 1 Understanding business activity
- Business activity, added value and the economic sectorsA tailor buys cloth and thread for 400 rupees and sells the finished shirt for 900.4 min
- Entrepreneurs, business plans and why businesses failEvery large company started as one person's idea.5 min
- Measuring business size and why businesses grow or stay smallA corner shop and a national supermarket chain both sell food.5 min
- Types of business organisationA fruit seller, a law firm of three partners, and a huge listed company are all businesses.5 min
- Business objectives and stakeholdersA new restaurant may just want to survive its first year.4 min
Chapter 2 People in business
- Motivation: theories and methodsTwo workers do the same job in the same factory.5 min
- Organisation structure, management and leadershipIn a large business, a new worker needs to know who their manager is, and who that manager reports to.5 min
- Recruitment, selection and employment lawA bad hire costs a business time, money and customers.4 min
- Training, redundancy, dismissal and trade unionsA new machine arrives at a factory.4 min
- Methods of communication and barriersAn order from a customer is written down wrongly, and the wrong goods are sent.4 min
Chapter 3 Marketing
- The role of marketing, markets and segmentationMarketing is not just advertising.4 min
- Market research: methods and usesBefore opening a shop or launching a product, a business needs to know: will people buy it, at what price, and from whom4 min
- Product: branding, packaging and the product life cycleMarketing has four parts, the four Ps: product, price, place and promotion.4 min
- Pricing methods, channels of distribution and ecommerceA product can be perfect, but if the price is wrong or customers cannot find it, it will not sell.4 min
- Promotion, marketing strategy and selling abroadCustomers cannot buy a product they have never heard of.5 min
Chapter 4 Operations management
- Methods of production, efficiency and lean productionA tailor makes one suit for one customer.4 min
- Costs and break-even analysisA new business sells its first products, but it is still losing money.4 min
- Economies of scale and qualityAs a business grows, its cost per unit usually falls, up to a point.4 min
- Location decisions and sustainable productionA factory far from its customers pays more for transport; a shop on a quiet street sees few customers.4 min
Chapter 5 Financial information and decisions
- Why businesses need finance and where it comes fromEvery business needs money: to start, to keep running from day to day, and to grow.4 min
- Cash and cash flow forecastsA business can be profitable and still fail, because it runs out of cash to pay its bills.5 min
- Profit, the statement of profit or loss and the statement of financial positionHow do owners, banks and investors know how well a business is doing?4 min
- Profitability and liquidity ratios, and users of accountsA profit of 1 million dollars sounds good.5 min
Chapter 6 External influences on business activity
- The business cycle and government economic policyA business can do everything right and still see sales fall, because the whole economy is slowing.4 min
- The environment, external costs, ethics and pressure groupsA factory brings jobs to a town, but its smoke damages the air.4 min
- Globalisation, multinational companies and exchange ratesYour phone may be designed in one country, assembled in another, and sold in a third.4 min
Also for O Level Business 7081
Which topics come up most in O Level Business 7081 past papers, counted from every paper since 2004: O Level 7081 topic frequency, IGCSE 0264 topic frequency.
The topical past-paper books: O Level 7081, IGCSE 0264.