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Preliminary Business Studies

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Topic 1 | Nature of business

Sub topic 4: Business growth and decline

Lesson 1 | Stages of a business' life cycle

  • Identify actual businesses at different stages in the business life cycle

  • Stages of the business cycle
    – Establishment,
    – Growth,
    – Maturity,
    – Post-maturity

Lesson 2 | Responding to challenges and factors contributing to business decline

  • Outline possible business strategies appropriate for different stages in the business life cycle

  • Responding to challenges at each stage of the business cycle

  • Factors that can contribute to business decline

Lesson 3 | Voluntary and involuntary cessation

  • Identify problems that arise for stakeholders when companies go into liquidation

  • Voluntary and involuntary cessation – liquidation

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  • HSCStudy Lab Lessons

    50 Lessons

    The course content covers the NSW Preliminary Business Studies Syllabus comprehensively.

  • HSCStudy Lab Quizzes

    54 Practice questions

    50 lesson quizzes that include a variety of question types. This course also includes 3 topic level quizzes, as well as a comprehensive course level practise test.

  • HSCStudy Lab videos

    50 Hours of video

    Video lessons by expert teachers that comprehensively cover every syllabus dot point in the year 11 business studies syllabus.

  • HSCStudy Lab interactives

    3 Interactive activities

    Games and simulators that allow you to practise running your own business, preparing financial statements, and conducting a SWOT analysis.

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