Year 10 Mock - Business Studies

Matthew Laverick
Mind Map by Matthew Laverick, updated more than 1 year ago
Matthew Laverick
Created by Matthew Laverick almost 5 years ago
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edexcel business studies revision for Y10 mock, combination between Unit 1 and 2 combined.
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Year 10 Mock - Business Studies
1 Cash flow
1.1 Total money in - total money out
1.1.1 THIS IS NOT PROFIT
1.2 Cash Flow Forcasting
1.2.1 Estimate
1.2.1.1 Not accurate
2 Profit:
2.1 Revenue-total costs
2.2 Do not use the word profit unless specifically asked.
3 The Product Lifecycle:
4 Target markets:
4.1 Marketing Mix
4.2 Boston Matrix
5 Market Mapping
5.1 Spot a gap in the market
5.2 IN NO WAY ACCURATE
6 Customer satisfaction, loyalty and repeat purchace
6.1 Customer service
6.2 Brand loyalty and repeat purchace
6.2.1 Repeat purchase causes the same customers to put more money into the business.
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