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Preliminary Business Studies

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Topic 3 | Business planning

Sub topic 4: Critical issues in business success and failure

Lesson 1 | Importance of a business plan and management

  • Importance of a business plan

  • Management – staffing and teams

Lesson 2 | Trend analysis & competitive advantage

  • Trend analysis

  • Identifying and sustaining competitive advantage

Lesson 3 | Avoiding over-extension, technology and the economy

  • Avoiding over-extension of finance and other resources

  • Using technology

  • Economic conditions

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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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