Activity 1: An investigation of what a business is and what businesses do: Tesco PLC and Argos PLC: Paper 5AB01
Business Studies Controlled Assessment
Research Plan
Topic | Information required | Sources of information | Use of information in Coursework | Date for completing research | Completed/ Review |
Choice of Business Location | Address/post code of local Business At least two different countries where the business trades internationally Record evidence and sources in bibliography | store locator Yellow pages Personal knowledge Wikipedia | For explaining choice of business | 27/10/13 | Completed Bibliography completed. |
Choice of Business Size | ⢠Sales revenue over 3 latest years ⢠Profit figures over latest 3 years ⢠Cash flows ⢠Capital invested ⢠Production output ⢠Number of employees - current will do ⢠Number of outlets or locations - see National vs international ⢠Value of the business (market capitalisation) ⢠Market share | Wikipedia Business website Socially via internet or store | For use of comparing and contrasting businesses - specifically size of business. | 16/11/13 | Missed 2-3 bullet points |
Choice of Business Ownership | Sole Trade or partnership - owners names LTD or PLC - Current number of shareholders | Business website | For comparing and contrasting the two businesses - specifically the type of ownership | 18/11/13 | Completed |
Choice of Business Nature | Nature: Activity/business job e.g. retail, wholesale, manufacturing or marketing (industry) | Wikipedia/ Google | When comparing business - Nature of the two businesses | 18/11/13 | Completed |
Purpose & Activities | The category a business is specialised in (retail, wholesale, manufacturing, and marketing) - similar to nature | Wikipedia and business website Personal knowledge | When comparing business - Nature of the two businesses | 18/11/13 | |
Aims & objectives | The aims & objectives of a business (vision and strategy - Tesco and Argos) | Business case studies website Business website | To compare the aims & objectives - activity 2 & 3 | 26/11/13 | Completed but need to expand on comparing |
Competition | How well they are coping with other shops | Facts and figures to confirm their competition rate. The market table. Other business websites and information. | When comparing the two business successes and competition - activity 2 | 28/11/13 | Completed by using facts but also referring to it. |
Ethical Practice | Facts and figures to show how ethical a business is and why they are ethical | Wikipedia Personal knowledge Customer opinions via Customer care (issues and customer solutions) | When evaluating the rights and wrongs a business is doing and finding opinions from customer websites | 7/12/13 | Completed research but need to include in evaluation. |
English: Graph of the TNS Market Share of UK Super...
Remember, the internet = serious business.
Wikipedia - T-shirt