omer uner
Classification: OCR Paper 2
Page count: 16
Viewed: 9
Last update: a month ago
Crash report
Business H031/02 June 2023
1. Business finance and analysis: acid test ratio, net present value (NPV) calculation, added value from cost vs. price data, difference between cash flow and profit, change in labour productivity, financial position interpretation
2. Business strategy and operations: lean production benefits, impact of redundancies on stakeholders, product vs. customer orientation, examples of McLaren’s product orientation, determinants of supply
3. Legal compliance: application of intellectual property and consumer protection legislation, limited liability concept, importance of legal frameworks for business protection and accountability
4. Marketing and differentiation: product differentiation pros and cons, importance for branding and competition, business performance under changing consumer preferences
5. Human resources and training: apprenticeship definition, redundancy consequences for stakeholders, workforce planning and impact of sales/ad revenue decline
6. Strategic planning and competitiveness: McLaren Group’s response to market changes, significance of lean production in high-performance manufacturing, future positioning in competitive automotive and tech-driven environments
2. Business strategy and operations: lean production benefits, impact of redundancies on stakeholders, product vs. customer orientation, examples of McLaren’s product orientation, determinants of supply
3. Legal compliance: application of intellectual property and consumer protection legislation, limited liability concept, importance of legal frameworks for business protection and accountability
4. Marketing and differentiation: product differentiation pros and cons, importance for branding and competition, business performance under changing consumer preferences
5. Human resources and training: apprenticeship definition, redundancy consequences for stakeholders, workforce planning and impact of sales/ad revenue decline
6. Strategic planning and competitiveness: McLaren Group’s response to market changes, significance of lean production in high-performance manufacturing, future positioning in competitive automotive and tech-driven environments