OCR Level 3 Cambridge Technical in Business (2016)

These theory notes have been written to meet the teaching content but they are NOT endorsed in any way by OCR

Please note that these resources are currently under development. Resources for other units are planned

LO1

1.1.1: Business Activity
1.1.2: Business Purpose
1.1.3a: Legal Structure
1.1.3b: Sole Traders
1.1.3c: Unincorporated Associations
1.1.3d: Partnerships
1.1.3e: Limited Companies
1.1.3f: Private Limited Companies
1.1.3g: Public Limited Companies
1.1.3h: State Owned Businesses
1.1.3i: Charities
1.1.3j: Community Interest Companies (CIC)
1.1.4: Appropriate Ownership
1.1.5: Business Aims and Objectives

1.6.1a: The External Business Environment
1.6.1b: Social Factors
1.6.1c: Technological Factors
1.6.1d: Economic Factors
1.6.1e: Environmental Factors
1.6.1f: Political Factors
1.6.1g: Legal Factors
1.6.1h: Ethical Factors
1.6.2: The Impact of the External Environment
1.6.3: Responding to the External Environment

Under Development...

Under Development...

Under Development...

1.3.1: Different Organisational Structures
1.3.2: Elements of Organisational Structures
1.3.3: The Impact of Structures on Business Organisations
1.3.4: Using Organisation Charts

1.5.1: The Stakeholders of a Business
1.5.2: How Stakeholders Might Change Business Behaviour
1.5.3: Responding to Different Stakeholder Objectives
1.5.4: The Consequence of Not Listening to Stakeholders

1.2.1: Functional Areas
1.2.2: Interrelationships Between Functional Areas

1.4.1: Essential Financial Terms
1.4.2: Essential Financial Calculations
1.4.3: How to Interpret Financial Statements

1.7.1: Why Businesses Plan
1.7.2: Appropriate Sources of Finance
1.7.3: The Contents of a Business Plan

1.8.1: The Factors Affecting The Success of a Business
1.8.2: SWOT Analysis
1.8.3: How to Interpret Business Performance