Business Management study guides

A deep-dive SQA National 5 Business Management guide to Unit 1 Understanding Business. Covers the role of business and the sectors of the economy and industry, types of business organisation and liability, business objectives and the factors of production, stakeholders and their conflicts, and the internal and external (PESTEC) factors that affect decisions.

A deep-dive SQA National 5 Business Management guide to Unit 2 Management of Marketing and Operations. Covers the role of marketing, market segmentation and market research, the marketing mix (product, price, place, promotion) and the product life cycle, and operations including suppliers, inventory control, methods of production, quality and ethical issues.

A deep-dive SQA National 5 Business Management guide to Unit 3 Management of People and Finance. Covers recruitment and selection, training and motivation and employment legislation, sources of finance, costs and break-even, cash budgeting, financial statements and profit, and the use of technology in finance, with the key calculations worked through.