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Home Tuition Scotland is Glasgow, North Lanarkshire, South Lanarkshire, East Renfrewshire, and Ayrshire’s largest home tuition provider. Since 1994, we’ve been preparing Business Management students for Standard Grade Business Management exams, Intermediate Business Management exams, National 4 Business Management exams, National 5 Business Management exams and Higher Business Management exams.

Our expert Business Management tutors provide one-to-one Business Management tuition in your own home, at a price you can afford.

Please book today.
 

Outcome 1 Role of business in society Wealth creation, production and consumption, satisfaction of human wants. Sectors of activity
Types of business organisations Self-employed, partnership, private limited company, public limited company, voluntary organisation, charity, publicly funded organisation

Methods of obtaining finance Internal and external sources; short and long term; shares, loans, banks, LECs, government
Objectives Profit maximisation, survival, growth, social responsibility, provision of a service
The role of the entrepreneur Enterprise, identifying business opportunities, franchising, combining factors of production, risk taking
Stakeholders Internal and external; shareholders, management, employees, customers, suppliers, banks, other lenders, community, government; the relationship and importance of stakeholders to individual organisations

Changes in the business environment The increasing significance of multinationals, the greater business orientation in publicly-funded organisations, changes in the size of firms, for example, the importance of small firms, downsizing, growth of franchising

Factors which can cause change: internal — changes in costs, development of new products; external — changes in demand, changes in technology, changes in taxation, changes in the competitive market, changes in national and EU legislation.
Importance of change to business, for example, the need to respond to internal and external pressures; the need to ensure survival

Qualified Business Management teachers at all levels across the Glasgow, Lanarkshire, Renfrewshire and Ayrshire areas. Home Tuition Scotland can help your child achieve Business Management exam success.

Please book today.