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Irish Leaving Certificate Business

Leaving Certificate · SECBusiness Studies44 notes in 5 folders, 306 KB

Notes for Irish Leaving Certificate Business (SEC), in folders for the five strands of the new specification (August 2024) in order: investigating business, the business environment, enterprise, leading in business and making informed decisions. Each folder has one note per topic, with calculations worked through. Higher and Ordinary level share the same notes.

Adding them puts a copy in your notes, in a folder of its own with the folders below, for you to change and turn into flashcards or a question deck. Download gives you a zip of markdown files, which opens in any notes app.

What is inside

  • Investigating business
    • Research questions and sources8 KB
    • Project planning6 KB
    • Analysing and presenting findings7 KB
  • Exploring the business environment
    • Stakeholders7 KB
    • Forms of business and ownership7 KB
    • Regulation, governance and ESG7 KB
    • Economic indicators and the Irish business economy7 KB
    • Government policy and legislation5 KB
    • The European Union and EU law7 KB
    • Trading blocs, Ireland in the EU and trading internationally10 KB
    • Balance of payments and balance of trade5 KB
    • Globalisation, interdependence and foreign direct investment11 KB
  • Understanding enterprise
    • Enterprise in its broadest sense and government support11 KB
    • Idea development, design thinking and feasibility6 KB
    • Business plans, ethics and sustainability6 KB
    • Business models and the digital economy11 KB
    • Market research and the target market6 KB
    • The marketing mix7 KB
    • Analysing the market and the external environment7 KB
    • Operations of a business5 KB
    • Costs, revenue and sources of finance7 KB
    • Cash flow5 KB
    • Competition and Porter's five forces6 KB
    • Growth, expansion and adapting to change7 KB
    • Managing risk and insurance6 KB
  • Leading in business
    • Leadership and management5 KB
    • Organisational culture and innovation5 KB
    • Conflict in the workplace5 KB
    • Workforce planning and recruitment6 KB
    • Motivation and appraisal6 KB
    • Human capital, training and teamwork6 KB
    • Digital technology, remote work, wellbeing and sustainable workplaces10 KB
    • Communication in organisations6 KB
    • Managing change and resistance5 KB
    • Strategic planning, force-field analysis and contingency planning11 KB
  • Making informed decisions
    • Consumer rights and responsibilities7 KB
    • Ethical consumers, the shadow economy and the circular economy6 KB
    • Digital technology and consumers, and personal data6 KB
    • Saving, investing and borrowing8 KB
    • Risk, switching providers and credit ratings10 KB
    • Fintech, crypto assets and digital currency7 KB
    • Regulation of financial services and fraud7 KB
    • Employee rights and responsibilities7 KB
    • Trade unions, the gig economy and the budget8 KB

The first note

Investigating business / Research questions and sources

Investigating a business issue starts with a question, and the quality of the question decides how useful the research will be. A question that is too broad produces a pile of loosely related facts, and one that cannot be answered with the information available produces nothing. The same habits apply whether the issue is a local shop's falling sales, a news story about a company closing a plant, or a project a student carries out on a topic in any of the other strands. ## Developing a research question A research question is refined until it is clear and until enough good-quality information or data can be found to answer it. The refining is done with **SMART** objectives, where each letter sets a test the question must pass. | Test | What it asks of the question | Weak version | Stronger version | |---|---|---|---| | Specific | It names the business, the group of people and the issue | How is business doing? | How have rising energy costs affected the profit of small bakeries in one county? | | Measurable | The answer can be shown with figures, counts or clear evidence | Do customers like the app? | What percentage of customers rate the app 4 out of 5 or higher? | | Achievable | The time, money and access to information are enough | What is every Irish company's spending on training? | How much do five local employers spend on training per employee? | | Relevant | It connects to the topic being investigated | A question on bus fares in a project on staff motivation | A…

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