1. Exam Revision Consolidation
H Business Management
Exam Revision
Consolidation

2. Areas of Note
Stock control – understocking, overstocking, how can ICT help in the control of stock
Training – types of training, costs and benefits of training
Sources of finance – describing sources and justifying the use of these sources

3. Areas of Note Role of the wholesaler
The importance of research and development
Stakeholders and their influences
Strategic, tactical, operational decisions, descriptions and examples
Decision making models the advantages and disadvantages
How do managers know that decisions have been effective

4. Areas of Note
Organisations which offer advice to businesses when they are setting up
The use of ICT in business
What might restrict the use of ICT
Legislation which businesses have to be aware of
Recruitment and selection of staff
How can businesses continue to operate when charging high prices
Pricing strategies
Why is the marketing function important to businesses
Quality