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BTEC National Business
Transition Pack for
BTEC National
Business
Get ready for Level 3 Business! A guide to help you get ready for Level 3
Business, including everything from topic guides to days out and online learning resources.
BTEC National Business
Who’s business is it anyway?
From Victoria Beckham to Julian Dunkerton CEO of
SuperDry, entrepreneurs are making their mark in the world
around us. With its unique vocational focus the BTEC
National in Business will equip you with the tools to start a
career in Business or become the next great British
entrepreneur.
Use this guide to prepare you and start to take control of
your future with our Level 3 BTEC Business course.
BTEC National Business
Books
Don’t be intimidated by the more than 600
pages in this entertaining autobiography. In
Losing My Virginity, Branson, founder of the
Virgin Group, shares how his early experiences
shaped his later business ventures. When he
met with “experts” who advised he not enter an
already crowded field, Branson followed his gut,
with his trademark slogan, “Oh, screw it. Let’s
do it.” Part memoir, part business guide for
entrepreneurs, Branson’s belief that customer
service reigns supreme is a theme throughout
his businesses, from airlines to mobile and
beyond.
Oprah Winfrey
Oprah Winfrey is the founder three
times over: Founder of Harpo
Productions, the Oprah Winfrey
Network (OWN) and founder of the
Oprah Winfrey Leadership Academy
for Girls.
Steve Jobs by Walter Isaacson
What began in Steve Jobs’ parents’ garage in the
1970s laid the groundwork for revolutionary
innovation in technology. From personal
computers to animated films, how we listen to
and purchase music, use our phones and even
read books, Jobs left his indelible print on how
we communicate, entertain and live.
BTEC National Business
TV & Movies
Wall Street
A young and impatient stockbroker is
willing to do anything to get to the
top, including trading on illegal inside
information taken through a ruthless
and greedy corporate raider who
takes the youth under his wing
House of Cards
Frank Underwood's dealings are
instructive for any current or aspiring
business leader, as they show the
importance of treating your
subordinates with respect (which
Frank doesn't) and bouncing back
from setbacks (which Frank does).
Undercover Boss
This is a revealing look into how big company
CEOs rarely know what’s really going on with
their business. They flounder when faced with
their employee’s simplest tasks. “Undercover
Boss” always ends up being a great testament to
the opportunity that exists in disrupting the big
boys.
BTEC National Business
TED Talks - search the term
above the video
Arianna Huffington “SLEEP”
Sheryl Sandberg - Why we
have too few women leaders
Roselinde Torres - What it
takes to be a great leader
Tim Leberecht - 3 ways to
lose control of your brand
BTEC National Business
Research, reading and note making are essential skills for BTEC Level 3 Business. You are going to practice producing ‘Cornell Notes’ to summarise some of the TED talks you have listened to. Choose two of the talks, and complete notes in the following format for them:
1. Divide your page into three sections like this
2. Write the name, date and topic at the top of the page
3. Use the large box to make notes. Leave a space between separate idea. Abbreviate where possible.
4. Review and identify the key points in the left hand box
5. Write a summary of the main ideas in the bottom space
Images taken from http://coe.jmu.edu/learningtoolbox/cornellnotes.html
Research
BTEC National Business
Business maths
Calculating
Current Ratios
Calculating
percentage
changes:
Exchange
rates:
BTEC National Business
Sample of formulae and key data
Depreciation:
Historic Value- residential value
Expected life
Gross Profit Margin =
Gross profit x100
revenue
Mark up =
Gross profit x100
Cost of sales
Inventory Turnover =
Average inventory x 365
Cost of sales
BTEC National Business
Business Topics
Year 1
• Exploring Business
• Exploring the features of businesses and what makes them successful
• the competitive environment and the markets in which businesses operate
• The impact on stakeholders of functional decisions and their response to such decisions
• The use of non-quantitative and quantitative data in decision making (including the
calculations such as ratios and percentages).
Year 2
• Personal and Business Finance
• The study of finance and its impact on businesses, students should consider:
• The importance of managing personal finance
• Role of money
• The purpose of accounting
• The importance of breakeven, and use in businesses
BTEC National Business
Places to visit
BANK OF ENGLAND
The Bank of England, formally the
Governor and Company of the Bank of
England, is the central bank of the United
Kingdom and the model on which most
modern central banks have been based.
The London Metal Exchange (LME)
The London Metal Exchange is the
futures exchange with the world's largest
market in options and futures contracts
on base and other metals
Coca Cola Education Centre
The Education Centre is a purpose-built
facility attached to the factory and here
we host educational visits for schools,
colleges, and universities, providing
opportunities for students to make
connections between classroom work
and real life business practices.
Chelsea Business of Football
Provides an exciting insight into match
day and non-match day operations at the
club focusing on merchandise, marketing,
finance and staffing. Students complete a
workbook during the visit with answers
provided by an experienced guide
BTEC National Business
Barcelona Business Trip
The biennial Business trip to Barcelona is now well established and continues to prove
popular. Sign up early to avoid disappointment.
BTEC National Business
Online resources
Tutor2U
http://www.tutor2u.net/business/bl
og
BBC Business
http://www.bbc.co.uk/news/busine
ss
Bee Business Bee
http://www.beebusinessbee.co.uk/
How it’s Made on Quest TV
http://www.questtv.co.uk/how-its-
made-on-quest/
The financial Times
http://www.ft.com/global-
economy/uk
City Index
http://www.cityindex.co.uk/
BTEC National Business
Do this now
1. Bookmark this site (click this hyperlink if you're not sure
how).
2. Buy the school recommended textbook, available on Amazon.
3. Buy the school stationery pack - you will need a calculator
although this does not need to be scientific.
4. Subscribe to Philip Allan Business Review. You can do this
either online or a traditional magazine. This is ESSENTIAL
reading.
5. Bookmark the BBC Business News pages - you should try to
read this a few times a week at least to stay on top of current
affairs.
6. Follow @bbckamal to stay up to date on the latest business
news from the BBC's Business News Editor.
7. Follow @tutor2ubusiness and bookmark their site.
8. Follow some of the accounts here.
9. Follow these business leaders on Instagram:
Kevin Systrom (Instagram CEO)
Sheryl Sandberg (Facebook COO)
Richard Branson
Michael Acton Smith (Moshi Monsters creator)
Jack Dorsey (Twitter founder)
More here
BTEC National Business
Summer activity: Task 1
Your task is to create a blog or scrapbook about a business of your choice.
Use Pinterest to find lots of ideas and information along with
http://businesscasestudies.co.uk/.
Try to find out as much as you can about the following:
1. What is their main line of business?
2. Roughly how many people do they employ and in what positions/roles?
3. How do they market themselves?
4. Who are their main competitors?
5. What is their market share?
6. Who are they owned by?
7. What is their legal structure?
8. Product/service range and prices?
9. Location/areas of operation?
10. Share value (if applicable)?
11. Recent news stories (most important element to come back with)
You will need to track this business over the next two years and provide
regular updates as to the activities of the business as reported in the news.
When you see a relevant news story have a look to see if this has impacted
the share value and record this in your blog.
Task 2 Write a report on your business with a minimum of 500 words (1 side
of A4 font size 12)
Task 3 Using your report from Task 2 you must then create a presentation in
which you summarise your findings. This could be on PowerPoint or another
programme should you wish. You are not to merely copy across the report!
You will present this to your class in the first 2 weeks back. Issues to consider
could include challenges they face, legal structures, growth rates, whether
they export and so on. Both pieces of work must be complete by your first
lesson with me. This will be your first work at A-Level standard. It is vital that
you create a good first impression and set your high own standards for you to
carry through the course.