APT’s ‘Outstanding’ resource for OCR GCSE Business Studies has everything teachers and students need – from now until the exam
for the A293 Case Study on Regeneration of Bowton, Tom’s Toys, GG Toys plc
APT’s Teacher’s Companion / Complete Student Revision Buddy for the OCR A293 Case Study Examination is packed full of resources to support teachers and students from now until the exam.
The Full Contents of our Explanation of Key Terms, Concepts and Issues Raised are listed below so you can see how comprehensive this resource is.
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CONTENTS of Teacher’s Companion/Revision Buddy
1. REVISION FOCUS MATRIX
2. EXPLANATION OF KEY TERMS, CONCEPTS AND ISSUES RAISED
INTRODUCTION
The Regeneration of Bowton
What the Case Study says
What is meant by ‘regeneration’?
SECTION 1 – Is it the end for Bowton?
The Difficult Economic Conditions between 2008 and 2011
What the Case Study says
What is meant by ‘unemployment’?
What is meant by ‘incomes’?
How can a rise in unemployment and fall in consumer incomes affect businesses?
Why would Bowton Council have been concerned about the rise in unemployment, fall in incomes and business closures?
The Growth in Business Activity and Employment by 2014 and Forecast Rise in the Sales of Goods in Bowton
What the Case Study says
What is likely to have led to the growth in business activity and increase in employment?
How might the growth in business activity and increase in employment lead to a rise in the sales of good in Bowton?
The Council’s Decision to Encourage Businesses to Locate or Expand in Bowton by Offering Grants
What the Case Study says
What are the advantages and disadvantages of grants in general?
Should Bowton Council have offered these grants?
Concluding Remarks
The Rising Prices of Commercial Properties and Houses as a Result of Increased Confidence in the Town
What the Case Study says
How can increased confidence result in rising property prices?
How might ‘increased confidence’ reflected in rising property prices affect the case study businesses?
The Rises in Council Tax and High Rate of Business Rates
What the Case Study says
What is council tax? How may rises in council tax affect the case study businesses?
What are business rates? How may high business rates affect the case study businesses?
SECTION 2 – Report on the UK Toy Market – Sanjay Market Research Ltd
The Market Research Report on the State of the UK Toy Market
What the Case Study says
What is the significance of this research for the case study businesses?
What is the significance of the increase in the number of specialist shops selling computers and video games?
SECTION 3 – Tom’s Toys
The Size, Type of Ownership and Main Activity of Tom’s Toys
What the Case Study says
What is the significance of size, location and type of business ownership of Tom’s Toys in relation to the A293 specification?
What is the significance of Tom’s Toys main business activity in relation to the A293 specification?
The Source of Tom’s Toys Supplies
What the Case Study says
What is the significance of importing in relation to the A293 specification?
What is the effect of exchange rate movement on Tom’s Toys as a result of importing?
Are there any other problems associated with importing?
The Possibility of Setting up a Website to Export Toys
What the Case Study says
What is the significance of this in relation to the A293 specification?
How can setting up a website help Tom’s Toys to Export? What are the potential benefits?
What are the potential challenges and additional costs?
What would be the effect of exchange rate movements on Tom’s Toys as a result of exporting?
What should Tom’s Toys do before deciding whether or not to set up a website to export toys?
The Advantages and Problems of EU Membership and Opportunities Arising from Leaving the EU (Brexit)
What the Case Study says
What are the advantages of EU membership?
What problems have arisen from being in the EU?
What opportunities for UK trade might arise after the UK leaves the EU?
Overview
How might ‘Brexit’ affect the sales of UK businesses?
How might ‘Brexit’ affect the costs of UK businesses?
The Cash Flow Forecast January – April 2018
What the Case Study says
What is a cash flow forecast?
How are the various balances in the cash flow forecast calculated?
How do you calculate percentages and percentage changes?
What is the difference between cash and profit?
What are the benefits of cash flow forecasting?
Are there any limitations of cash flow forecasting?
What does the cash flow forecast for Tom’s Toys show?
How might Tom’s Toys overcome the forecast cash shortfall?
Based on the information provided in the case study what could we say about the likely future performance of Tom’s Toys?
SECTION 4 – GG Toys plc
The Size, Type of Ownership and Main Business Activity of GG Toys plc
What the Case Study says
What is the significance of the type of business ownership of GG Toys plc in relation to the A293 specification?
What is a manufacturer? How do such businesses add value?
What is the significance of the size of GG Toys plc in relation to the A293 specification?
What economies and / or diseconomies of scale may arise as a result of being a ‘large’ business?
Is there any evidence of economies or diseconomies within GG Toys plc?
The Range of Toys Produced by GG Toys plc and Possible Methods of Production
What the Case Study says
What method(s) of production might GG Toys plc use?
What are the advantages and disadvantages of batch production?
What are the advantages and disadvantages of flow production?
Consideration of the Importance of Quality and Methods of Quality Control for GG Toys plc
What the Case Study says
What is the meaning of ‘quality’ and ‘quality control’?
Why is ensuring quality / quality control so important?
What method of quality control might GG Toys plc use?
The (2010) Decision to Move Production to China and Keep Head Office in Bowton
What the Case Study says
What is the significance of this move in relation to the A293 specification?
What were the social costs and benefits of moving production to China?
Are there any other ethical or environmental issues associated with moving production to China?
Why did it make sense for the Head Office, in particular, for the Marketing Department to stay in Bowton?
GG Toys plc’s Customer Base
What the Case Study says
Why is GG Toys plc likely to sell its products through retailers rather than direct to consumers? Are there any potential disadvantages?
What is the effect of exchange rate movements on GG Toys plc as a result of exporting to other EU countries?
SECTION 5 – Costs Associated with the Production of the Georgie Girl Doll
The Monitoring of Costs, Revenues and Profits
What the Case Study says
What type of costs is GG Toys plc likely to have to pay?
What is revenue?
What is profit?
Why should a business monitor its costs, revenue and profit? Why is being profitable so important?
Sales, Production and Production Costs of the Georgie Girl Doll (Analysis of Fig. 2)
What the Case Study says
What is the significance of the doll being made in China?
What is the significance of the increase in sales and production of the doll involving the move to a newly constructed building?
What does Fig. 2 tell us?
Do we have sufficient information to calculate break-even?
SECTION 6 – The Business Environment – Some Issues
The Possible Fall in the Exchange Rate between the Yuan and Pound Sterling
What the Case Study says
How could a fall in the value of the yuan against pound sterling affect the success of GG Toys plc in the next two or three years?
The Possible Fall in the Exchange Rate between Pound Sterling and the Euro
What the Case Study says
How could a fall in the value of pound sterling against the euro affect the success of GG Toys plc?
The Forecast Rise in Inflation in the UK and Potential Rise in the UK Interest Rate
What the Case Study says
What is inflation?
What are interest rates?
How might GG Toys plc be affected by a rise in the UK interest rate?
The Environmental Concerns about Businesses that Manufacture Products in China and Sell them in the UK
What the Case Study says
What are these environmental concerns?
How might these concerns affect the future success of GG Toys plc?
What should GG Toys plc do about this situation?
SECTION 7 – Sales and Net Profit Figures for GG Toys plc 2014 – 2016
Analysis of Sales and Net Profit Information 2014-16
What the Case Study says
What does Fig. 3 tells us?
SECTION 8 – GG Toys plc – Development Plan, 2017 – 2022
The Declining Performance of GG Toys plc – Ways of Measuring Performance
What the Case Study says
How might the performance of a business such as GG Toys plc be judged?
Reducing the Cost of Production
What the Case Study says
How might a manufacturer such as GG Toys plc reduce the costs of production?
Overview
Materials
Labour
Energy
Promotion
Transport
Concluding Remarks
The Decision to Reduce the Range of Products Sold
What the Case Study says
How might reducing the product range benefit GG Toys plc?
Are there any potential drawbacks?
Conclusion – The need for further research
The Decision for Production to Continue at the Factory in China
What the Case Study says
Should production continue at the factory in China? What are the main points for and against?
Developing Online Selling
What the Case Study says
How might selling online lead to a reduction in the prices at which GG Toys plc’s products retail?
What costs will GG Toys plc have to pay when the new warehouse is up and running?
How might GG Toys plc try to compete in the online market?
How might GG Toys plc be affected by competition?
Why is competition good for consumers? Why does the government seek to encourage competition?
The Decision to Lease rather than Buy a Warehouse using Retained Profits
What the Case Study says
What are the potential advantages and disadvantages of buying a warehouse using retained profits?
What other sources of finance could be used to purchase a warehouse?
Overview
Sale of assets no longer required / under-utilised
Government grants
Mortgages
Shares to existing or new shareholders
What are the potential advantages and disadvantages of leasing a warehouse?
Overall, is the decision to lease rather than buy a warehouse a good one?
The Purchase of Machinery Using a Bank Loan
What the Case Study says
What is a bank loan? What are the advantages and disadvantages?
How else might GG Toys plc finance the purchase of this machinery?
The Automation of the Warehouse Using Robots
What the Case Study says
What is meant by ‘automated’?
What are robots?
How can the use of robots increase the efficiency of production?
3. IDEAS FOR FURTHER RESEARCH
Primary research Activities
Internet (Secondary) Research
4. MINI QUIZZES
15 Word Searches
20 Missing Words
10 Classifying
18 Opposites
5 Match Making
17 Crosswords
125 Short Answer Questions
ANSWERS TO MINI QUIZZES
Word Searches
Missing Words
Classifying
Opposites
Match Making
Crosswords
Short Answer Questions
6. MAXIMISING PERFORMANCE IN THE EXAM
Preparing for the Examination
Translating Popular Command Words Used In the A293 Paper
During the Examination
7. MOCK EXAMINATION PAPER
8. MARK SCHEMES AND ANSWERS TO MOCK EXAMINATION PAPER
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