Everything you need for the Edexcel AL Business 2018 Paper 3 Context Exam on the Chocolate Confectionery Market

APT’s Complete Context Companion for Edexcel’s Paper 3 Examination on the ‘Chocolate Confectionery Market’ 

APT’s Complete Context Companion will be packed full of resources to support teachers and their students with this year’s Edexcel’s A Level Pre-released 2018 Paper 3 Context right up until the exam, saving months’ of preparation and planning time.  It includes: powerpoints, research tasks, highly comprehensive, in-depth research and analysis on each bullet point of Edexcel’s research brief, revision summaries, mock exam questions with detailed model answers.  It is due to be published in around four weeks’ time, and can be pre-ordered now 

Feedback received on APT resources published to date for use with pre-released Contexts, Case Studies and Themes:

Absolutely outstanding.  I call this my ‘Bible’.  Your resources are in a different league.  It’s worth every penny! A fantastic tool that fully supports teaching and learning and student progression in great depth and detail!  Greatly appreciated! Your work is amazing!” Laura Pickford, Heworth Grange School 

A description of the information included in the first 3 (of 5) sections of APT’s ‘Detailed Investigation into the Context (for Teachers)’ is provided below – so you can see just how comprehensive this resource will be (from which the other 5 resources contained in APT’s Complete Companion are produced). 

INTRODUCTION TO THE CONTEXT           

The Nature and Scope of the Research Students are Advised to Undertake

Some General Facts about Chocolate                                                                           

General Statistics and Information on the Global Chocolate Confectionery Market       

General Statistics and Information on the UK Chocolate Confectionery Market       

RESEARCH BULLET 1                                                                                                    

Trends in the Number and Size of Manufacturers Operating in the Global Chocolate Confectionery Market over the last 20 years, Including Investment, Business Growth & Takeovers                

General Introduction – Scope of Research and Essential Revision      

Trends in the Number and Size of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years   

Introduction – Defining Key Terms

What is trend?

What are manufacturers?  What do chocolate manufacturers do? What methods of production do global chocolate manufacturers use?

Research and Analysis of Changes in the Number of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years                 

What changes have there been in the number of manufacturers?

What is the significance of this research?                     

Research and Analysis of Changes in the Size of Manufacturers Operating in the Global Chocolate Confectionery Market Over the Last 20 Years          

Introduction – Ways of Measuring Size

What changes have there been in the size of manufacturers?       

What are the main findings of this research?   

What are the objectives / benefits of growth in the size of a business (in general)?  

What problems arise from growth in the size of a business (in general)?    

Essential Theory and Relevant Research into Investment within the Global Chocolate Confectionery Market Over the Last 20 years          

Possible Exam Questions

Different Types of Investment

Examples of Investments Made by Global Confectionery Manufacturers Over the Last 20 Years

What reasons might be behind these investments / What are the potential rewards?          

What are the advantages and disadvantages of Foreign Direct Investment (in relation  to exporting?)

The Use of Investment Appraisal Techniques and Key Factors to Consider When Making Decisions Over Investments / Decisions Between Potential Investments

Raising Finance for Investment            

Overview of Internal and External Finance

Methods of Finance Used by Chocolate Manufacturers

Essential Theory & Relevant Research Relating to Business Growth & Takeovers Within the Global Chocolate Confectionery Market Over the Last 20 years       

Possible Exam Questions

The Distinction between Inorganic and Organic Growth

Methods and Examples of Organic Growth (with Reference to Ansoff’s Matrix) within the Global Chocolate Confectionery Market

Advantages and Disadvantages of Organic Business Growth

The Distinction between Mergers and Acquisitions, Including Takeovers

Examples of Inorganic Growth through Takeovers within the Chocolate Confectionery Market over the Last 20 years

Horizontal and Vertical Integration – Have these mergers and acquisitions, including takeovers involved horizontal and / or vertical integration?                                                                                

Reasons for Mergers and Takeovers - What reasons have been behind the mergers and takeovers within the global chocolate confectionery market?      

Financial Risks and Rewards – What financial risks and rewards are associated with these acquisitions and takeovers?

Rapid Growth – What potential problems can arise from rapid expansion?   

Diseconomies of Scale, Overtrading

Other Problems Associated with Mergers and Takeovers        

Conflict Arising from Redundancies

Conflict Arising from Differences in Organisational Culture

Problems with Customer Retention Arising from Confusion in Brand Values         

RESEARCH BULLET 2                                                                                                     

Influences on the Global Market for Chocolate Confectionery Over the last 20 years, such as the growth and development of Emerging Economies, Corporate Social Responsibility, Social Trends, Changing Costs and Prices           

Essential Revision                  

The Influence of Growth and Development of Emerging Economies on the Global Market for Chocolate Confectionery                                                                              

Introduction – Definition and Example of Emerging Economies and Possible Exam Questions

General Explanation of Opportunities to Trade Arising from the Growth and Development of Emerging Economies   

Opportunities to Sell to Emerging Economies

Opportunities to Produce in Emerging Economies

Examples of Confectionery Manufacturers that have Taken Up these Opportunities

Potential Reasons Behind / Rewards from Selling to Emerging Markets

Potential Reasons Behind / Rewards from Producing in Emerging Markets

Factors Affecting Success in Emerging Economies, including Examples of Early Failures and Successes of Western Chocolate Manufacturing Companies in China – Lessons Learnt

Other ‘Risks’ Associated with Expansion Overseas in General – Exchange Rates, Greater Risk of Diseconomies of Scale

Corporate Social Responsibility          

Introduction – Definitions of Corporate Social Responsibility and Possible Exam Questions

Examples of Socially Responsible Behaviour Amongst Global Chocolate Confectionery Manufacturers                

Potential Costs and Arguments Against CSR Initiatives

Potential Benefits of CSR – Trade-offs between Profit and Ethics

Social Trends (and Implications)  

Introduction – Definition and Possible Exam Questions

The Rise in Global Chocolate Consumption

Increase in the Demand for Premium Chocolate in particular Chocolate with a Dark High Cocoa Content Due to Growing Awareness of the Health Benefits

Increasing Concern Over Sugar Resulting in Consumers Trying to Reduce Sugar Intake and Stagnating Demand for Chocolate in Western Economies

Increasing Demand for ‘All Natural Ingredients’

Rise in Snacking and Trend Towards Healthier Snacks / Alternatives to Confectionery

Increasing Demand for Sustainable and Ethical Sourcing Practices

The Growth in Shopping Online

The Rise of Social Media

Changing Costs and Prices                 

Increased Raw Material Costs (and Impact of Exchange Rates) – Consideration of the Potential Impact and Strategies to Minimise the Impact

Other Costs

The Use of New Technologies to Cut Costs/Counteract Rising Costs

The Impact of Government Subsidies (Political Influences)

The Impact of Taxes on High Calorie, Fat or Sugar Products (Political Influences)

The Impact of Changing Prices

Other Influences: Seasonal Peaks in Demand 

Concluding Remarks – Scope for Evaluation   

RESEARCH BULLET 3       

Human Resource Management in the UK Chocolate Confectionery Industry  

Overview of Specification Requirements Relating to HRM – Essential Revision

Approaches to Staffing                        

Staff as an Asset and Staff as a Cost – Lessons from Nestlé

The Use of Flexible Working Practices – General Introduction, Nestlé’s Commitment to Flexible Working, The Potential Benefits

The Use of Outsourcing

Dismissal and Redundancy – The Difference between Dismissal and Redundancy, The Cost of Redundancies, Minimising the Negative Effect

Mondelez’s Focus on Voluntary Redundancies to Achieve Job Cuts

Employer / Employee Relations: Individual Approach, Collective Bargaining – Nestlé’s Attitude and Approach

Potential Benefits of Union Recognition / Collective Bargaining

The Importance of Good Industrial Relations at the Individual Level

Recruitment, Selection and Training               

Recruitment – Recruitment Process, Internal and External Recruitment Used within the Industry, Potential Advantages and Disadvantages

Selection, including Examples of Methods Used by Nestlé

Training – The Importance of Induction and Training, The Use of On-the-job Training and Examples Used by Nestlé and Potential Advantages and Disadvantages               

Organisational Design             

General Introduction

Analysis of Nestlé’s ‘Flat and Flexible’ Organisational Structure

Decentralisation within Nestlé and Mars

Motivation in Theory and Practice – Financial and Non-financial Incentives    

Financial Incentives – Basic Pay/Remuneration, importance, information on Nestlé, Mars and Cadbury

Financial Incentives – The Use of Bonuses (used by Nestlé), including potential advantages and criteria to be effective

Financial Incentives – The Use of Performance-related Pay (used by Nestlé), including potential advantages and disadvantages

Fringe Benefits – Examples (benefits at Nestlé), potential advantages

Non-financial Techniques – Recognition and Reward for Effort / Achievement, importance for motivation

Non-financial – Opportunities for Career Progression / Personal Development at Nestlé, importance of motivation

Non-financial – The Use of Consultation (information on Cadbury’s and Nestlé), potential benefits

Non-financial – Job Enrichment (used by Nestlé), potential benefits  

Leadership      

Leadership Styles – examples, potential advantages and disadvantages

6 separate resources are included in APT’s COMPLETE CONTEXT COMPANION for this year’s (2018) Paper 3 Exam (see below), which can be pre-ordered now.  The 6 separate resources can be purchased individually, or together at a discounted price: 

Feedback received on APT resources published to date for use with Pre-Released Contexts, Case Studies and Themes: 

Absolutely outstanding.  I call this my ‘Bible’.  Your resources are in a different league.  It’s worth every penny! A fantastic tool that fully supports teaching and learning and student progression in great depth and detail!  Greatly appreciated! Your work is amazing!” Laura Pickford, Heworth Grange School

 “The materials you provided were excellent and suited every level of teaching.  I wish I had ordered earlier in the year.”  Gareth Moran, Rye St Antony School 

“Your resource is outstanding and becomes the sole resource in my class from February to all the way to the exam day.”  Jillur Rahman, Woodbridge High School 

Excellent materials. All the students came out with a smile on their face and commented everything on the analysis came out”. Ruth Daniel, Tower Hamlets College

 “It is the most comprehensive pack I think we have ever received.  JL-H

“Pleased with the level of detail, insight and depth. They have become an invaluable part of our preparation.” Andrew Livingstone, Heart of England School

 Fantastic results using your material.  My  business student went from a predicted Grade E to a B on her  paper and was just short of an A.”  Jane Wood, Tutor

 “Your resources are proving invaluable and so much more useful than other providers that I buy from.”  Ian Chapman, Queen Anne’s School

Pre-order NOW  (if not already) – Expected publication: mid to end of Feb 2018

Price: £85 + VAT for email or download (+ £2.50 for CD)

Licensed for staff and up to 60 students to use, in any given year, attending the purchasing institution, ie the individual school / college. 

Pre-order (if not already): by email to office@apt-initiatives.com / online with a debit/credit card or by PayPal (click here)

Another useful link for Edexcel AL Paper 3 pre-released research brief – relating to Social Trends

Information on Social Trends – the increased demand for premium chocolate due to growing awareness of health benefits – Relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: http://www.euromonitor.com/economy-standard-or-premium-whats-driving-growth-in-chocolate-confectionery-/report

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

A good link relating to Economic Growth and Happiness

A useful link for Economics students here: http://www.bbc.co.uk/news/av/stories-42861144/hullcoin-the-social-experiment-that-s-rewarding-good-deeds

See exactly where this relates to in the specification for each board…

Edexcel spec reference 2.1.1 g) National happiness:

o UK national wellbeing

o The relationship between real incomes and subjective happiness. 

AQA spec reference 4.2.6.5 Policies that might be adopted to promote economic growth and development.

OCR spec reference P18 Evaluate the relationship between economic growth and happiness, including, for example, measuring National Well-being.

http://www.apt-initiatives.com/

A useful link on exchange rate systems…

http://www.scmp.com/business/banking-finance/article/2131062/hong-kongs-exchange-fund-posts-best-returns-ever-thanks

Edexcel spec reference 4.1.8 a) Exchange rate systems: o managed

AQA spec reference 4.2.6.4 How governments can intervene to influence the exchange rate

OCR spec reference P25 Explain, with the aid of a diagram, how exchange rates are determined in fixed and floating exchange rate systems

http://www.apt-initiatives.com/

Another useful link relating to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on: Corporate Social Responsibility Program Involvements

CSR at Nestle – relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: https://en.wikipedia.org/wiki/Nestl%C3%A9 – bullet 6 on Corporate Social Responsibility Program Involvements

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

High prices strike home for Hong Kong flat buyers

A useful article for all economics students relating to ‘equilibrium market prices’ http://www.atimes.com/article/high-prices-strike-home-hong-kong-flat-buyers/

Details of where to find the relevant section with the specification for Edexcel, AQA and OCR:

Edexcel spec reference 1.2.6 Equilibrium price and quantity and how they are determined

AQA spec reference 4.1.3.5 The determination of equilibrium market prices

OCR spec reference P8 Supply and demand and the interaction of markets

http://www.apt-initiatives.com/

Another useful link relating to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on: Emerging Markets

Information on Emerging Markets – China – and adapting recipes for different tastes, relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: http://daxueconsulting.com/flavor-adaptation-in-china/

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

Useful info relating to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on: Emerging Markets

Research lead, including short video on Emerging Markets, relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: http://knowledge.wharton.upenn.edu/article/the-bitter-and-the-sweet-how-five-companies-competed-to-bring-chocolate-to-china/; https://chocolateclass.wordpress.com/2015/03/13/chocolate-in-china-an-undeniably-foreign-delight/

Click HERE for full details of APT’s Complete Context Companion for Paper 3 Context 2018 on the Chocolate Confectionery Market

 

Useful info relating to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on Emerging Markets & Social Trends

Information on Emerging Markets and Social Trends (eg reducing sugar content, healthier snacking) relevant to bullet 2 of the Edexcel AL Paper 3 pre-released research brief on ‘Influences on the Global Market for Chocolate Confectionery Over the Last 20 years’: https://www.businesswire.com/news/home/20170105006280/en/Global-Industrial-Chocolate-Industry-Driven-Increasing-Demand; https://blog.euromonitor.com/2017/10/chocolate-global-scale.html

http://www.apt-initiatives.com/Edexcel_Paper_3_Context_2018