Penstripe Student Planner Catalogue 24-25 - Flipbook - Page 147
6
CHOOSE YOUR PENSTRIPE PAGES
DESIGN AND TECHNOLOGY (PAGE 2)
BUSINESS (PAGE 1)
Business
Design & Technology
Do you know what will be expected in each area of the design process?
Research
Analyse
the brief
Design ideas
Design
specification
EVALUATE
Quality
checks
Plan &
manufacture
Why do you think evaluation runs all the way through the design process?
Business has a language of its own. The following pages cover some key terms and concepts
with spaces for you to record what you have learnt.
Finance
LEARNED UNDERSTOOD USED
Gross profit
Net profit
Variable costs
Fixed costs
Total costs
Break even point
Sales minus cost of sales (direct costs)
Gross profit minus all other costs
Costs which change with production output
Costs which do not vary with output
Fixed cost plus variable cost
The point where you make neither a profit nor a loss
Break even
QTY
FIXED
COST
VARIABLE
COST
0
2000
0
2000
TOTAL
TOTAL
COST REVENUE
0
100
2000
2500
1500
200
1000
3000
300
1500
3500
Break
even
chart
4500
Fill in the blanks of the break even table.
Cost or Revenue
Throughout your Design & Technology course you will be expected to design and make different
products using a wide range of skills. Within any project you will follow the design process.
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
Fixed cost
(Unit selling price
- Unit variable cost)
Total revenue
Profit
Break even
Total cost
Fixed cost
Loss
0
Break even =
Level of sales
50
100
150
200
Quantity
250
300
Using the data in the table above and the break even
formula, determine the break even quantity if fixed
costs were to increase to £3000.
Financial ratios
Current ratio =
Acid test
Useful web addresses
In the space provided list the health and safety
rules for your technology classroom.
The internet is a powerful research tool.
Find below some of the best sites that
can help you with coursework.
Design Right and Copyright © 1997, 2016 Penstripe Y2
www.technologystudent.com
www.data.org.uk
www.focuseducational.com
www.bbc.co.uk/bitesize/subjects
www.food.gov.uk
www.design-technology.org
147
Design Right and Copyright © 2023 Penstripe
=
net profit
working capital
Gross profit
Sales revenue
Marketing
The marketing mix is a number of factors that help sell a product or service. When used together they
complement each other to help ensure success.
Price
Place
Promotion
Product
the pricing strategy used e.g. cost plus, demand based or competitor led.
how the product gets to customers e.g. where it is sold.
the type of advertising or other activity used to help sell the product.
the look, form and function of the product including packaging.
The
product
life cycle
Set corporate
objectives
Monitor &
change if needed
In the space below write down any good
websites you come across for D&T.
Description
Design and Technology (page 2)
ROCE
Gross profit =
margin
Set marketing
objectives
The marketing
decision making
model
Implement
& test plan
The product life cycle shows the stages a product
passes through during its life. Products at the launch
stage need more promotion. Those at the decline
stage might need improving or price adjustment.
Where would you place a Mars bar?
Conduct
research
Form
hypothesis
Success in marketing is about making
decisions about the marketing mix.
Decisions are improved if sufficient
data has been collected. The marketing
model is a tool to help formulate correct
marketing plans.
Where would you place an electric car?
Page Ref.
Y2-11
Description
Business (page 1)
Page Ref.
Y2-12
Design Right and Copyright © 1997, 2016 Penstripe Y2
Health and safety
current assets
current liabilities
= current assets - stock
current liabilities
