From the earlier Business, Management and Finance paper. Asks for the meaning of the business environment and environmental scanning, and for the methods of analysing environmental factors. Revise the environment and PESTEL sections.
From the earlier Business, Management and Finance paper. Asks for the meaning of the business environment and environmental scanning, the importance of scanning and the two methods of analysing environmental factors, which are PESTEL and SWOT.
Business Environment · May 2022
Every objective and theory question in this paper, and the topic notes to revise each one.
May 2022 diet
0 objective and 6 theory| No. | Section | Marks | Covers |
|---|---|---|---|
| Q1 | 20 | From the earlier Business, Management and Finance paper. Asks for the meaning of the business environment and environ... | |
| Q2 | 20 | From the earlier Business, Management and Finance paper. Part (a) asks about stakeholder mapping. Revise Mendelow’s m... | |
| Q3 | 20 | From the earlier Business, Management and Finance paper. Part (c) asks why governments develop economic policy. Revis... | |
| Q4 | 20 | From the earlier Business, Management and Finance paper. Part (b) again asks for the two policy approaches government... | |
| Q5 | 20 | From the earlier Business, Management and Finance paper. Asks for the meaning of business ethics, whistleblowing, eth... | |
| Q6 | 20 | From the earlier Business, Management and Finance paper. Asks for the meaning of motivation and productivity, the fac... |
Theory questions Written questions
From the earlier Business, Management and Finance paper. Part (a) asks about stakeholder mapping. Revise Mendelow’s matrix.
From the earlier Business, Management and Finance paper. Part (b) asks you to define communication style and explain its components. Revise the forms of communication.
Revise this question
The business and its stakeholders › Mendelow’s power and interest matrixCommunication in business › Exam focus: formal and informal communication, listening, barriers, meetings and reportsFrom the earlier Business, Management and Finance paper. Part (c) asks why governments develop economic policy. Revise the macroeconomic goals.
From the earlier Business, Management and Finance paper. Part (a) asks for the benefits and one drawback of each of a profession, employment and a business, with examples.
From the earlier Business, Management and Finance paper. Part (b) asks for five types of digital marketing. Revise the digital marketing channels.
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Monetary and fiscal policy › The macroeconomic goalsBusiness functions, economic activities and the importance of business › Economic activities based on occupationDigital communication › Exam focus: e-mail, websites, social media and digital marketing in the syllabusFrom the earlier Business, Management and Finance paper. Part (b) again asks for the two policy approaches governments use to meet macroeconomic objectives.
From the earlier Business, Management and Finance paper. Part (a) asks for explanations of five kinds of business report. Revise the elements of a report.
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Monetary and fiscal policy › Fiscal policyCommunication in business › Exam focus: formal and informal communication, listening, barriers, meetings and reportsFrom the earlier Business, Management and Finance paper. Asks for the meaning of business ethics, whistleblowing, ethical dilemma, conflict of interests and codes of ethics.
Revise this question
Ethics and corporate social responsibility › Exam focus: characteristics of ethics, professional bodies, the public interest and ethical conflictsFrom the earlier Business, Management and Finance paper. Asks for the meaning of motivation and productivity, the factors in Vroom’s theory, and the features of achievement-motivated people.