JCE Business Studies study plan

Build a one-page accounting equation map linking assets, liabilities and owners' equity, then classify 20 given items into the correct category

Prepare a simple income statement and statement of financial position from a list of 12 transactions for a small trading business

Define and distinguish capital versus revenue expenditure, and record 8 sample items under each heading

Calculate and explain gross profit, net profit, mark-up and margin of safety from three short scenarios

Construct a cash flow forecast for a six-month period using given opening balance and monthly receipts and payments

Explain the difference between cash flow and profit by resolving a scenario where a profitable firm runs out of cash

Compute break-even output and margin of safety from fixed costs, unit price and unit variable cost, and interpret the result in two sentences

Compare two savings or borrowing options using simple and compound interest calculations, showing all working

Tabulate the key features of sole trader, partnership, private limited company and public limited company across ownership, liability, finance sources and continuity

Explain the legal steps and documents needed to incorporate a limited company in your jurisdiction

Evaluate two real local businesses and argue which ownership form best suits each, citing liability and finance access

Describe how a franchise or cooperative differs from the forms above and give one advantage and one drawback of each

Draft a personal budget for three months covering income, fixed costs, variable costs and savings, and identify one area to cut

Distinguish needs from wants across 10 spending examples and justify each classification

Compare three personal financial products (current account, savings account, personal loan) on interest, fees and risk

Explain how inflation and interest rates affect personal saving and borrowing decisions in a short written answer

Apply the four Ps to a chosen product and write a positioning statement for it

Segment a market using three variables and select one target segment with justification

Explain the consumer protection rights available to buyers and match five given complaints to the correct right or remedy

Outline the responsibilities of a consumer and of a seller in a returns or faulty-goods dispute

Describe two promotional methods and assess which suits a small local retailer on a limited budget

Distinguish contracts of employment from independent contracting and list the main statutory employment rights

Explain the stages of recruitment and selection from job analysis to appointment, and draft a short job description

Describe two methods of staff appraisal and one method of staff training, with one strength and one weakness each

Explain dismissal procedures, including fair versus unfair grounds, and the role of a works council or union

Compare job, batch, mass and flow production on cost, flexibility and suitable product types

Calculate labour productivity and unit cost from given output and input data

Explain how stock control, quality control and quality assurance differ, and apply each to one manufacturing example

Assess one method of improving efficiency (automation, lean production or outsourcing) with two benefits and two drawbacks

Draft the sections of a business plan: concept, market analysis, operations, finance and risk

Build a set of start-up finance figures including start-up costs, projected first-year revenue and break-even month

Evaluate one business idea against feasibility criteria and state a go or no-go decision with reasons

Complete a timed 60-question mixed-topic practice set across all eight domains and log every error by domain