GCSE AQA Business 3.1.7 Expanding a business (only)
GCSE AQA BUSINESS
Just one lesson - GCSE AQA Business 3.1.7 Expanding a business (only)
This lesson includes:
- Teacher PowerPoint
- Student PowerPoint (to upload to a shared drive)
- Student worksheet in Word (so you can edit it)
- Worksheet in PDF (so it will behave itself in a printer)
This lesson covers:
• Methods of expansion
• Benefits and drawbacks of expansion
• Economies of scale
• Diseconomies of scale
From the specification:
Students should be able to:
• discuss the advantages and disadvantages of methods of growth
• understand the methods used by businesses when expanding (organic growth through
franchising, opening new stores and expanding through e-commerce, outsourcing and external growth through mergers and takeovers)
• understand the benefits of growth in terms of unit cost advantages due to economies of scale and the drawbacks of growth due to diseconomies of scale
• understand the meaning of purchasing and technical economies of scale
• understand that with growth businesses increase the risk of diseconomies of scale
occurring due to poor communication, coordination issues and reduced staff motivation
• calculate and interpret average unit costs.
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