Specification points
Edexcel BTEC National Extended Diploma in Business 601/7160/1
160 points in 35 topics, with Edexcel's codes and titles.
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
1 Exploring Business
2 Developing a Marketing Campaign
3 Personal and Business Finance
- 3A Understand the importance of managing personal finance
- 3B Explore the personal finance sector
- 3C Understand the purpose of accounting
- 3D Select and evaluate different sources of business finance
- 3E Break-even and cash flow forecasts
- 3F Income statements, financial position and evaluating business performance
4 Managing an Event
5 International Business
- 5A Explore the international context for business operations
- 5B Investigate the international economic environment in which business operates
- 5C Investigate the external factors that influence international businesses
- 5D Investigate the cultural factors that influence international businesses
- 5E Examine the strategic and operational approaches to developing international trade
6 Principles of Management
7 Business Decision Making
- 7A Business plans
- 7B Decision making in business
- 7C Use of research to justify the marketing of a business
- 7D Efficient operational management of the business
- 7E Understand the importance of managing resources
- 7F Creation and interpretation of financial forecasts
- 7G Viability of a business
- 7H Demonstrate business skills/IT skills