Specification points
WJEC Level 3 Applied Extended Certificate in Business 4783QX
107 points in 19 topics, with WJEC's codes and titles.
Codes and titles are read by a script from WJEC's published specification and have not been checked by a person. What each point covers is in the specification itself: WJEC’s specification.
1.1 Exploring business fundamentals
- 1.1.1 Introduction to enterprise
- 1.1.2 Resources for business operation
- 1.1.3 Types of market
- 1.1.4 Scale of operations
- 1.1.5 Innovation
- 1.1.6 Business ownership
- 1.1.7 Planning business activities
- 1.1.8 Setting aims and objectives
- 1.1.9 Stakeholders and business activity
- 1.1.10 Managing the supply chain
- 1.1.11 Choosing a business location
1.2 Marketing principles for business success
1.3 Managing business finance
1.4 Managing human resources (HR)
1.5 Coordinating efficient business operations
1.6 Developing skills for business
1.7 Managing ethical business operations
1.8 Sustainable business
2.1 Exploring business strategies
- 2.1.1 Linking business aims and objectives to mission statements
- 2.1.2 Planning to achieve business aims
- 2.1.3 Business growth
- 2.1.4 Planning for growth using the Ansoff Matrix model
- 2.1.5 Exploring the competition with Porter’s Five Forces
- 2.1.6 Outsourcing
- 2.1.7 Rationalisation
- 2.1.8 Making judgements on and recommendations for plans and operational decisions