Down To Business textbook
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Down To Business was launched in 2019, where I combined my knowledge of sitting the Leaving Cert exam and teaching the subject for 17 years to create a very user friendly textbook that students could engage with and understand what the most important key terms are as well as showing real exam answers and important exam technique!
To help student's to learn chapters more efficiently, I also created an important key terms page for each chapter and created a more exam focused student learning log where students could practise more exam type questions instead of just lot of shorts. Alongside this, I created a teacher resource that exactly mirrors the student activity layout (each page and question match for easy reference) and provides a solution that can be shared and used to compare against student answers.
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On top of this, each chapter has a specific Exam Focus section which concentrates on an important element of exam technique useful for students to know to maximise their marks in an exam. These sections are accompanied by an Exam Focus video that you can play to your class to help echo what you are teaching them and reinforce the importance of how they write their answers as well as what should be written in them! There are also editable PowerPoints available to use for each chapter!
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Some chapters also feature real life interviews with Irish businesses including BikeRowSki, Dublin Meat Co., Bunsen and Sprout, which are focussed on the chapter's keywords and themes, providing some real insight to how the course content connects to real life.
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Check out the ebook and also some sample resources available with it here and make sure to reach out to your local Folen's rep to get Down To Business on your booklist for next year!
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Business Leaving Certificate
Myleavingcert provides detailed notes, key fact summaries and quizzes for each unit of the Business course. In addition, we have included all available past paper questions and answers by topic for both higher and ordinary level. With everything needed for success in one place, this resource is ideal for independent learning, revision and homework.
Unit 1: People in business
- 1.1 People in business
- 1.2 Conflict in the workplace
- 1.3 Consumer conflict
- 1.4 Law of contract
Unit 2: Enterprise
- 2.1 Entrepreneurs and enterprise
Unit 3: Managing 1 - skills and activities
- 3.1 Leadership and motivation
- 3.2 Communication
- 3.4 Planning
- 3.5 Organising
- 3.6 Controlling
Unit 4: Managing 2 - households and businesses
- 4.1 Cash flow
- 4.2 Sources of finance
- 4.3 Financial management
- 4.4 Insurance
- 4.6 Human Resource Management (HRM)
- 4.7 Managing change
- 4.8 Monitoring the business
Unit 5: Business in action
- 5.1 Getting started
- 5.2 Business expansion
- 5.3 Market research
- 5.4 Marketing
Unit 6: Domestic environment
- 6.1 Categories of industry
- 6.2 Business ownership
- 6.3 The economy and business
- 6.4 Government and business
- 6.5 The social responsibility of business
- 6.6 Community development
Unit 7: International environment
- 7.1 European Union
- 7.2 Global marketing
- 7.3 International trade
Exam Questions: Applied Business Questions
- Applied Business Questions and answers
Quiz: Business revision
- The big quiz covering all units.
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Everything you need to study Leaving Cert Business
Business is a popular subject because of how factual and practical it is. Even though it is also one of the bigger courses for the Leaving cert, the theory isn’t overly complicated and with the help of Studyclix you can achieve an H1 grade in it.
![importance of a business plan leaving cert](https://blob-static.studyclix.ie/cms/media/ufmfnjv0/the-ultimate-lc-business-studyclix-guide.jpg)
What's involved?
The Business exam gives you a lot of choice, and it has many interesting topics to study. From Human Resource Management to Community Development, it has something everyone will find interesting. Even though there is a huge variety in questions, it is marked quite strictly.
Business is assessed by means of a written exam that is worth 400 marks in total.
The Higher Level paper is 3 hours long, and has 3 sections:
Section 1 – Short questions
There will be 10 questions, and you only need to answer 8. This section is worth 80 marks.
Section 2 – Applied Business Question
This section is mandatory and is worth 80 marks.
Section 3 – Long Questions
In this section, you will have a choice of 7 questions, from which you do 4. Each question is worth 60 marks.
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How to study Business
Read our h1 guide.
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The Leaving Cert Business exam is always changing. You are now more frequently expected to apply what they have learned to a particular scenario, rather than simply regurgitate the facts learned directly from the text book. Hopefully this guide will be of some help to you for the exam come June.
Practice past exam questions
The more Business past exam questions you practice, the fewer surprises you'll have on the day of your exam. This is why going through past exam papers is probably the best study method you can use for this subject! Here are three ways you can go about it:
Find all of the past exam papers on our Papers page.
Go through questions individually on our Questions by Topic page.
Try out our quiz questions (each quiz is inspired by actual exam paper questions)
Stuck on a question? Not sure about a topic? Looking for some more notes? Try asking our community page for some tips and advice. There are plenty of students and teachers there who are more than willing to help you out.
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Brand New: Studyclix Digital flashcards
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Our flashcards have gone and got a whole new look! You can now use Studyclix Digital Flashcards to study for Leaving Cert Business.
How do they work?
Click through all of the flashcards you need to know in each topic using the 'previous' and 'next' buttons on the flashcards.
Want to mix it up? Hit the shuffle button. Looking to test yourself again? Do it by hitting restart. You can also share, print or view the full deck. It's all at your fingertips.
Find all of the flashcards we have available below:
All Leaving Cert Business Digital Flashcards
All Digital Flashcards
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Have some ideas for more resources?
We are always looking for new ways to improve our site so we would love to hear your feedback. Get in touch by emailing [email protected] 😊
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Taking care of Leaving Cert Business Higher Level
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Teacher Aimée McAuliffe from Cork's Hewitt College is here with six video tutorials packed with great tips and advice to help you prepare for the Leaving Certificate Business Higher Level examination.
These videos cover the new exam paper layout and look at specific topics and questions (scroll down for access to these videos).
There is more on the exam structure and layout below the video content.
Video 1: Exam layout, tips, and timing.
This video will focus on the 2022 exam paper layout, tips, and timing.
![importance of a business plan leaving cert importance of a business plan leaving cert](https://img.rasset.ie/001680f1-614.jpg?ratio=12.8)
Video 2: Break-even Analysis.
This video will focus on answering the break-even chart exam question. It focuses on the important formulas, their meanings and steps that will help when drawing the break-even chart.
Video 3: Approaching the Applied Business Question (Part 1).
This video works through and answers part (A) of the 2006 Applied Business Question (ABQ) paying particular attention to exam technique.
Video 4: Approaching the Applied Business Question (Part 2).
This video works through and answers parts (B) and (C) of the 2006 ABQ, paying particular attention to exam technique.
Video 5: Evaluating the Marketing Mix.
This video looks at H1 quality sample answers for evaluating the marketing mix.
Video 6: Cashflow Forecasts.
This video will focus on the theoretical meaning of cashflow forecasting, the importance of preparing such forecasts, and how to complete a numerical cashflow forecast by analysing and answering a previous State Examination question.
Structure of the Leaving Certificate Higher Level Business Exam
There are 300 marks for the 2021 written examination; 100% of the student's overall grade.
Section 1: Short Answer Questions: 40 marks. Students are required to answer 4 questions out of 12.
Section 2: Applied Business Questions: 80 marks. Students are required to answer all questions.
Section 3: Structured Long Questions: 180 marks (60 marks each). Students are required to answer a total of 3 questions out of 8 and must adhere to the following instructions: 1 question from part 1, 1 question from part 2 and 1 other question from either part 1 or part 2.
The Teacher
Aimée McAuliffe graduated with a Bachelor of Science honours degree in Finance from University College Cork in 2015.
She continued her studies, completing a professional Master of Education. Aimée has been teaching at Hewitt College since September 2017.
Aimée has vast knowledge and experience when it comes to teaching Higher Level Leaving Certificate Business and caters for students of all abilities.
Her students have consistently beaten the Leaving Certificate national average results across all grades with 55.1% of students achieving a H1 or H2 grade in 2019.
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Leaving Cert Notes
Notes and anki decks for the leaving cert, 8. management activities: planning, organising and controlling, learning outcomes from this chapter.
On completion, you should be able to:
- Evaluate the effectiveness of the different management activities
- Analyse how different types of planning activities contribute to business success
- Define what a SWOT analysis is and illustrate it for a business
- Outline the features, benefits and challenges of different organisational structures
- Outline the situation in which different spans of controls are appropriate
- Describe how good management control systems can achieve efficiency in business
- Explain the methods a business could consider using to minimise the risk of bad debts
Definition of planning
Planning is when a business sets specific goals and objectives and then outlines strategies that allow it to achieve them
SWOT analysis: s trengths/ w eaknesses (internal), o pportunities/ t hreats (external)
Resources (e.g. patent, USP, design) | |
Outside chance (e.g. new market) | |
No website | |
Negative outside (e.g. new competitor) |
- Good reputation
- High quality
- Production issues
- Delivery delays
- Customer feedback
- Staff issues
Opportunities
- Legislation
- New supplier
- New competitors
Steps in planning
- Carry out a SWOT analysis
- Time related
- What we hope to achieve
- How we will achieve it
- Labour (manpower) plan
- Resources planned out
- Strategic, tactical, contingency, operational
- When does each goal/objective need to be achieved
- Check progress regularly
Types of planning
Mission statement | Visionary statement containing the company values |
Strategic planning | Created by senior management, long-term goals (from mission statement) |
Tactical planning | Created by middle management, short-term goals (from strategic planning) |
Operational planning | Day-to-day planning, staff rosters, etc. |
Contingency planning | Back-up plan for an emergency or unforeseen event |
Benefits of planning
Future-focused | Business can arrange resources effectively and be proactive |
Reduces uncertainty | Plans for unforeseen events, clear objectives to follow |
Attracts investors | Shows diligence, impresses investors, shows expected profits |
Assesses performance | Checks objectives against actual performance; takes corrective action |
Organising: Arranging the resources of a business into an organised structure in order to achieve its objectives
Important terms
Chain of command | Hierarchy in business from senior management down to employees |
Span of control | Number of subordinates who report to one manager. Wide or narrow span, depending on factors such as: skills of the manager and workers, nature of work being done, company culture |
Chain of Command
- Armed forces
- Flows down (instructions)
Span of control
Factors affecting span of control:
- Skill of the manager
- Skill of the workforce
- Nature of the work
Organisational structures – functional
Benefits: specialisation, clear hierarchy, clear promotional path, wider span of control
Challenges: isolation of departments, hard to co-ordinate, communication issues across departments
Example of a functional organisation structure
![importance of a business plan leaving cert Example of a functional organisation structure](https://cutthroat78.github.io/Leaving-Cert-Notes/subjects/business/unit-3/08-management-activities-planning-organising-and-controlling/functional.png)
Organisational structures – matrix
Benefits: unity, improved decisions, relationships, responsibility
Challenges: slower decisions, unclear command, conflict
Example of a matrix organisation structure
![importance of a business plan leaving cert Example of a matrix organisation structure](https://cutthroat78.github.io/Leaving-Cert-Notes/subjects/business/unit-3/08-management-activities-planning-organising-and-controlling/matrix.png)
Organisational structures – product
Benefits: competition, focused resources, flexibility
Challenges: duplication, lack of cohesion, cannibalisation
Kerry Group’s corporate structure
![importance of a business plan leaving cert Kerry Group’s corporate structure](https://cutthroat78.github.io/Leaving-Cert-Notes/subjects/business/unit-3/08-management-activities-planning-organising-and-controlling/kerry.png)
Organisational structures – geographical
Starbucks’ geographical structure.
![importance of a business plan leaving cert Starbucks’ geographical structure](https://cutthroat78.github.io/Leaving-Cert-Notes/subjects/business/unit-3/08-management-activities-planning-organising-and-controlling/starbucks.png)
Controlling
Controlling: involves measuring any deviations away from a company’s plans and acting to correct them
The four areas of control for a business
Financial control | Ensure profitability and liquidity. Plan (cash flow forecast), reduce costs (cheaper suppliers), ensure cash is available to pay short-term debts |
Stock control | Achieve optimal stock levels (don’t under/overstock), reduce costs and obsolete goods, do regular stocktakes (check for theft), JIT |
Quality control | Physical inspections (sampling), quality circles (staff teams), quality marks (ISO, Q Mark), improve consumer satisfaction/loyalty |
Credit control | Minimise bad debts, incentivise cash payments, check creditworthiness of customers, set credit limits, penalise late payments, organise invoices |
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Persistent concerns with the vehicle’s propulsion systems mean Suni Williams and Butch Wilmore will return home next year in a SpaceX vehicle.
Boeing Starliner Astronauts Will Return to Earth in SpaceX Vehicle
Nasa announced that two astronauts aboard the international space station will have their stay extended by several months and that they will return on a spacex capsule because of problems with the boeing starliner..
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By Kenneth Chang
Two astronauts who have spent months aboard the International Space Station will have to stay there months longer after NASA decided on Saturday that they could not return on Boeing’s troubled Starliner space vehicle. They will return instead on a SpaceX capsule next year.
That decision finally brings clarity to the saga of the two NASA astronauts, Suni Williams and Butch Wilmore, who docked at the space station as part of a test flight of the Boeing vehicle. It also adds to months of difficult problems experienced by Boeing, a dominant aerospace company that has faced embarrassing setbacks in its much larger civilian aviation and defense divisions this year.
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IMAGES
COMMENTS
LEAVING CERT BUSINESS - THE HIGHER OPTION . EXAM PLAN Time Exam Plan 9:30 Read the paper and Do all SAQs 10:00 ABQ 10:40 First Long Question 11:05 Second Long Question 11:30 Third Long Question 11:55 Fourth Long Question 12:20 Final Sweep of Paper Short answer questions 20% of the Higher-Level paper Advice • " Over answer "
B. Comm. (Honours), Higher Diploma in Education, N.U.I.G. Subjects: Accounting, Business Studies, Economics. Philip is a Leaving Cert business exam expert, with twenty years' experience teaching Accounting, Business Studies and Economics to Leaving Certificate Higher and Ordinary standard. Philip is a published author of a Leaving Certificate ...
Identify and explain the elements involved in a new business start-up. List the main sources of finance available for business start-up. Identify the elements of production processes. Illustrate the central role of the business plan for various stakeholders. Calculate the break-even point from forecasted sales and costs figures.
This is also an important stakeholder. We will deal with issues such as pollution, exploitation, corruption, and whistle-blowers in Unit 6. The government affects a business by tax laws, planning laws, consumer laws and employment laws.
Business Start-Up. Break-Even Analysis Example - This is apart of 15. Business Start-Up. 16. Market Analysis - Slides - Revision Material. 17. The Marketing Mix - Slides - Revision Material. 18. Business Expansion - Slides - Revision Material.
I've broken down each chapter in to it's own set of Past Paper Qs for you to print and use and then check against the chapter solution packs! Leaving Cert Business H1 Solutions for every chapter on the LC Business Course to help prepare you to smash your LC Business exam - use these as Leaving Certificate Business notes for your exam.
Down To Business was launched in 2019, where I combined my knowledge of sitting the Leaving Cert exam and teaching the subject for 17 years to create a very user friendly textbook that students could engage with and understand what the most important key terms are as well as showing real exam answers and important exam technique! To help ...
Myleavingcert provides detailed notes, key fact summaries and quizzes for each unit of the Business course. In addition, we have included all available past paper questions and answers by topic for both higher and ordinary level. With everything needed for success in one place, this resource is ideal for independent learning, revision and homework.
The Business exam gives you a lot of choice but is marked quite strictly. Higher Level - 3 hour paper (400 marks); 3 sections. Section 2 - Applied Business Question - 80 marks (You must do this section). Ordinary Level - 2.5 hour paper (400 marks); 2 sections. Section 2 - Long Questions (75 marks per question (Do 4 from 8)).
Business is assessed by means of a written exam that is worth 400 marks in total. The Higher Level paper is 3 hours long, and has 3 sections: Section 1 - Short questions. There will be 10 questions, and you only need to answer 8. This section is worth 80 marks. Section 2 - Applied Business Question. This section is mandatory and is worth 80 ...
Section 1: Short Answer Questions: 40 marks. Students are required to answer 4 questions out of 12. Section 2: Applied Business Questions: 80 marks. Students are required to answer all questions ...
A Business Plan is a formal statement of a set of business goals, the reasons why they are believed to be attainable, and the plan for reaching those goals. It may also contain background information about the organisation or team attempting to reach those goals. It describes: The benefits for a business preparing a business plan are as follows:
opment of the new specification in Section 6. 2. Background and contextThis section sets out some of the signific. nt developments in the world of business over the past twenty-five years. It also outlines the policy initiatives and developments over the last decade both within education and busin.
Based on unit 4,5 and 6, it usually has three parts (A, B & C). You must answer at least one question from part 1 and at least one question from part 2 and one question from either part 1or part 2. In total you must answer three long questions out of eight. A breakdown of the structure of the Leaving Cert Business paper for 2022, provided by ...
Leaving Cert Business notes are summaries of the key concepts and information covered in the Business curriculum. These notes are typically created by students or teachers, and they provide a concise and organized overview of the material. Leaving Cert Business notes are important for several reasons. First, they can help you better understand ...
20. Business Organisations Learning Outcomes from this chapter. On completion, you should be able to: Identify different types of business organisations; Compare and contrast the different types of business organisations; Outline the steps needed to form a limited company; Discuss the advantages and disadvantages of different types of business ...
Philip has over 28 years' teaching experience and he has worked for 16 years with the State Exams Commission as a Junior and Leaving Certificate Examiner. Philip has written for the Sunday Business Post, educational guides in The Evening Herald and he is the author of two Leaving Certificate Revision books - 'A Question of Business' and ...
A government department (30 marks) R. vision Worksheet1.Explain. he. term enterprise.2.Illustrate your understanding of th. t. rm entrepreneur.3.Identify whether the following statements are an example of enterprise in: (i) the home (ii) the school (iii) a new business (iv) a government department (v)
Visionary statement containing the company values. Strategic planning. Created by senior management, long-term goals (from mission statement) Tactical planning. Created by middle management, short-term goals (from strategic planning) Operational planning. Day-to-day planning, staff rosters, etc. Contingency planning.
B. Comm. (Honours), Higher Diploma in Education, N.U.I.G. Subjects: Accounting, Business Studies, Economics. Philip is a Leaving Cert business exam expert, with twenty years' experience teaching Accounting, Business Studies and Economics to Leaving Certificate Higher and Ordinary standard. Philip is a published author of a Leaving Certificate ...
importance of Business activity and to develop a positive and ethical attitude towards it. The importance of people in Business (stakeholders) is highlighted. The course sets out to illustrate the process of setting up a business and developing a new product or service (Entrepreneurship & Marketing play important roles).
Mr. Nelson said he had spoken with Kelly Ortberg, the new chief executive of Boeing. "I told him how well Boeing worked with our team to come to this decision, and he expressed to me an ...
• illustrate the central role of the business plan. • identify the reasons for and methods of expansion. • identify three main sources of finance for expansion. • analyse the importance of Irish business expansion in the domestic and foreign markets (HL). • compare equity and loan capital as sources of finance for expansion (HL).
A stage of new product development whereby the original of Unit 5 the species is put together in a form suitable for testing. The prototype must be suitable for full-scale production, so testing is carried out. This is a mock-up of the product. Quoted on the Stock Exchange, e.g. Kerry Group.