Franchises Revision Notes, Past Papers & Questions for Scottish Highers Business Management

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Scottish Highers Business Management Franchises Past Papers & Study

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Revision Question

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69% of students got this correct.

What is a key benefit of owning a franchise?

Complete autonomy in business decisions

Using a well-known brand to attract customers

Freedom to create a new business model

No need for marketing or operational strategies

Unlimited choice of business locations

Well done!

Scottish Highers Business Management Franchises Revision Notes

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Scottish Highers Business Management Franchises Revision Notes

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Scottish Highers Business Management Franchises Revision Notes

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Other Scottish Highers Business Management topics to explore

Business Management

Market Research

Business Management

Marketing Mix

Business Management

Technology

Business Management

Methods of Production

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Business Quality

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Ethics and the Environment

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Employee Relations

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Sources of Business Finance

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Business Aims and Objectives

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Advantages of Business Expansion

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Primary Sector

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Secondary Sector

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Organic Growth

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Quaternary sector

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Economy-Private Sector

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Economy-Public Sector

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Economy-Third Sector

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Horizontal Integration

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Sole Trader

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Partnerships

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Private Limited Companies

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Public Limited Companies

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Multinational Organisations

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Vertical Integration

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Backward Vertical Integration

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Public Sector

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Globalisation

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Diversification

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Third Sector

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Achieving Business Growth

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Funding Business Growth

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Corporate Culture

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Staffing-Managers and Employees

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Finance

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Impact of Political Factors on Business

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The Impact of Economic Growth on Business

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The Impact of Unemployment on Business

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The Impact of Interest Rates on Business

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The Impact of Inflation on Business

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The Impact of Exchange Rates on Business

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The Impact of Social Factors on Business

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The Impact of Technology on Business

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The Impact of Environmental Factors on Business

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Competitive Factors in Business

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Business Stakeholders

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The Conflicting Interests of Business Stakeholders

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Tall Organisations

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Flat Organisations

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Business Delayering and Business Downsizing

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Centralised Organisations

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Decentralised Organisations

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Matrix Structure

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Entrepreneurial Structure

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Functional Grouping

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Product grouping

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Customer Grouping

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Geographical Grouping

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Technological Grouping

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Types of Business Decisions

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Decision Making in Business

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SWOT Analysis

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Customer Types and Behaviours

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Random Sampling

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Quota Sampling

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Product

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Price

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Place

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Promotion

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People

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Process

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Physical Evidence

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Technology in Marketing

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Inventory Management

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Technology in Operations

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Workforce Planning

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Employee Recruitment

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Employee Training

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Staff Appraisal

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Motivation

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Leadership

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Equality Act 2010

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Health and Safety at Work Act 1974

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UK National Wage Regulations

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Trade Unions

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Employer’s Associations

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Advisory, Conciliation and Arbitration Service (AC

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Technology in the Management of People

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Cash Budget

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Financial Statements

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Ratios

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The Use of Technology in Finance

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