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Business Presentation templates

Engage your audience in your business presentations with our free customizable ppt templates and google slides themes. they’re perfect for business plans, office meetings, pitch decks or project proposals., related collections.

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Design Inspiration CV

Download the "Design Inspiration CV" presentation for PowerPoint or Google Slides. Having a good CV can make all the difference in landing your dream job. It's not just a piece of paper, it's your chance to showcase your skills, experience, and personality. If you want to stand out from the...

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Download the "CSR Report" presentation for PowerPoint or Google Slides. The world of business encompasses a lot of things! From reports to customer profiles, from brainstorming sessions to sales—there's always something to do or something to analyze. This customizable design, available for Google Slides and PowerPoint, is what you were...

Neon Vibes Palette Portfolio

Download the "Neon Vibes Palette Portfolio" presentation for PowerPoint or Google Slides. When a potential client or employer flips through the pages of your portfolio, they're not just looking at your work; they're trying to get a sense of who you are as a person. That's why it's crucial to...

Monthly Strategy Review Meeting

The results from last month were great for the company, now we must keep it up! If you'll be discussing the strategy to follow during your next meeting, prepare a presentation and have the agenda and the different points to be talked about ready. We didn't want something too serious,...

Internship Report

Download the "Internship Report" presentation for PowerPoint or Google Slides. The world of business encompasses a lot of things! From reports to customer profiles, from brainstorming sessions to sales—there's always something to do or something to analyze. This customizable design, available for Google Slides and PowerPoint, is what you were...

Investment Business Plan

Rewards come after a great investment, and this applies especially to companies. You’ll need to attract potential investors and other people to put their trust in your project. With this free presentation template, you can explain your business plan, your market research and everything you need to strike a new...

Design Inspiration Business Plan

Download the "Design Inspiration Business Plan" presentation for PowerPoint or Google Slides. Conveying your business plan accurately and effectively is the cornerstone of any successful venture. This template allows you to pinpoint essential elements of your operation while your audience will appreciate the clear and concise presentation, eliminating any potential...

Brown Minimalist Grainy Pitch Deck

Download the "Brown Minimalist Grainy Pitch Deck" presentation for PowerPoint or Google Slides. Whether you're an entrepreneur looking for funding or a sales professional trying to close a deal, a great pitch deck can be the difference-maker that sets you apart from the competition. Let your talent shine out thanks...

Public Consulting

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7 Steps Of Risk Management Process Business Plan

Download the "7 Steps Of Risk Management Process Business Plan" presentation for PowerPoint or Google Slides. Conveying your business plan accurately and effectively is the cornerstone of any successful venture. This template allows you to pinpoint essential elements of your operation while your audience will appreciate the clear and concise...

Macari Company Profile

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5G Wireless Technology Company Profile

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Simple Business Plan

Boosting sales, attracting new customers, expanding the market... All of these are goals that businesses want to achieve. Aim high in your next presentation for your business plan, especially if you put your trust in this free template by Slidesgo.

Tourism in Caribbean Social Media Strategy

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Technology Consulting

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Colorful Candy Shop Company Profile

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Investment Company Business Plan

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Co-operative Company Business Plan

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Top 7 Business Case Presentation Templates With Samples And Examples

Kajal Sharma

Are you struggling to create persuasive and captivating business case presentations that leave a lasting impact on your audience? We understand the challenge you are facing – trying to strike the perfect balance between engaging content and visually appealing design.

A well-crafted presentation can be a game-changer for any business. That's why we've curated the Top 7 Business Case Presentation Templates, with Samples and Examples, exclusively designed to address the issue you're grappling with.

The best part? These templates are 100% editable and content-ready, empowering you to tailor each slide to suit your business needs and target audience. Each template includes high-quality graphics and images, enhancing the overall visual appeal.

In the fast-paced business world, time is of the essence, yet creating a compelling case presentation is critical in garnering support for your projects and ideas. Whether pitching a game-changing proposal to potential investors or seeking buy-in from stakeholders, a well-crafted presentation can make all the difference between both success as well as failure.

So, let's explore these transformative templates that will take your business case presentations to a new level. Get ready to inspire & conquer with your captivating stories – because we've got the tools to help you shine!

We're here to help! Read this blog to master crafting compelling case studies for your success.

Let's have a look!

Template 1: Ways Business Case PPT Portfolio 

This PPT Template is crafted with precision and elegance, and serves as the perfect backdrop for any subject.  With this visually appealing and professionally designed template, you'll effortlessly command attention and leave a lasting impression on your audience.  This template contains consistent formatting and design across all slides for a polished and unified presentation.

It has a responsive design optimized for different devices and screen sizes, ensuring consistent quality across platforms.  So, why wait?  Elevate your presentation game and showcase your expertise like a pro.  Let your ideas shine and mesmerize your audience with our top-tier Smartart CPB templates.

Download This Template Now!

Template 2: Business Case Template For Business Planning

This template is a powerful tool for building your business case and planning your next steps.  With a five-stage process, you will be guided through every aspect of building your business case, such as identifying savings opportunities, and ensuring compliance management.  With this dynamic and visually stunning presentation, you'll be well-equipped to beat any challenge that comes your way.  Elevate your business strategy with this must-have tool.

This ready-to-use template saves you valuable time creating slides from scratch, allowing you to focus on refining your message.  So, without further thinking, try our template now and see the difference it can make in captivating your audience and presenting your ideas with style.

Template 3: Business Case Professional Development PPT

This dynamic template showcases a five-stage process that will revolutionize your business strategy.  From design and modeling to execution, monitoring, and optimization, this template has it all.  It is perfect for business professionals looking to elevate their presentations to the next level.  Don't miss out on this transformative tool for success.  Download this template and start seeing results from today!

The time for success is now, and it all begins with this transformative tool.  So, grab it today and embark on a journey of innovation and success in the world of business strategy.  The possibilities are endless, and your path to greatness starts here!

Template 4: Presentation Outline: Business Case Development Services

This visually stunning template is your ultimate guide to creating a compelling business case. With six incredibly informative stages, including quality assurance, initiation phase, current state analysis, future state analysis, business case development, and project management, this presentation outline guarantees success in your next business venture. The template is designed & developed by professionals so that the template exudes a level of polish and professionalism that elevates any project.

This template lets you easily present your Standardized Data and statistics quickly. It allows you to Transform raw data into visually engaging charts, graphs, and infographics that enhance understanding and retention.

So, get ready to impress your stakeholders and pave the way for unprecedented growth and profitability.

Template 5: Business case Template For Outline Presentation

This template is a one-stage process. The stages in this process include an executive summary, concept overview, market overview, industry position, competition, opportunity potential, and sales and financial forecast. This comprehensive outline will help you to communicate your business case and showcase the potential of your idea or project. Use it to impress your investors and stakeholders and enhance your Business Value with a well-structured and persuasive presentation.

This template boasts visually stunning and captivating designs that captivate your audience from the first slide. With eye-catching graphics, modern layouts, analytical capabilities, and a visually appealing presentation, stand out from the crowd with a download of this PPT Template.

Template 6: Business Case Template For Development Process

This template showcases a seamless four-stage process, expertly guiding you through every critical aspect of creating a compelling business case.

This template contains several fundamental questions: 

• What is your business concept? 
• What will your business deliver? 
• Who will pay for it? 
• And why would they pay for it?

With an intuitive and easy-to-navigate interface, the templates simplify the editing process, enabling users of all skill levels to create stunning results.

The time for growth is now, and we are here to make it happen! Grab the template now.

Template 7: Business Case Template For New Product Development 

This professionally designed template represents a seamless seven-stage process, guiding you through every critical phase of new product creation.  Centered around three key elements - New Product, Development Funnel, and Business Case - this presentation offers an impressive array of options for customization.

Our fantastic design and visually captivating layout will leave your audience in awe from the moment you start presenting.  The seamless blend of eye-catching visuals and data-driven insights ensures your message is conveyed with impact and clarity.

The best part?  This PowerPoint presentation is available for immediate download so that you can dive into your project without delay.

So, don't miss out on this incredible tool to propel your new product development journey.  Download now and watch your ideas come to life!

Grab it now and let your innovation shine!

Get The Best Business Case From The Best

SlideTeam collections are meticulously curated to ensure that each template is not just visually stunning but also actionable and adaptable to meet the unique needs of diverse organizations and their specific business challenges.  Whether a dynamic startup aiming to make a mark or a well-established corporation seeking to inspire innovation, our templates empower you to present your ideas confidently and with finesse.

No matter whether you need templates for websites, presentations, or documents, our collection covers a diverse range of applications.  We are dedicated to ensuring your presentation experience is smooth and successful.

So why go with the ordinary when you can have extraordinary?  Elevate your presentations, leave a lasting impression, and unlock the path to success with SlideTeam's unbeatable templates.  We provide dedicated customer support to help you with any query or issues you may encounter while using the templates.

The best is here, and it's waiting for you!

Also, investing in these templates is more cost-effective than hiring a designer from scratch.

FAQs on Business Case Presentation

1. what is a typical business case.

A typical business case is a structured document that outlines the justification for a proposed business initiative or project.  It is a comprehensive tool to assess the proposed undertaking's viability, benefits, costs, risks, and potential returns.  A well-prepared business case provides decision-makers with the necessary information to evaluate the project's feasibility and make informed choices regarding resource allocation and Investment.

2. What are the components of a business case?

A business case typically consists of five components:

• Strategic context: The rationale for change and the reasons behind the proposed project.
• Economic analysis: Expected Return on Investment and assessment of different options.
• Commercial approach: Based on sourcing and procurement strategies.
• Financial case: Ensuring affordability within the organization's timeframe.
• Management approach: Involves roles, governance structure, and life cycle choices.

3. Why is a business case important?

The business case plays a crucial role as it accomplishes the following:

• Justifies the necessity of a project.
• Outlines the potential benefits and feasibility.
• Facilitates informed decision-making and efficient resource allocation.
• Ensures alignment of projects with organizational objectives.
• Enhances the likelihood of achieving successful outcomes.

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Free PowerPoint Case Study Presentation Templates

By Joe Weller | January 23, 2024

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We’ve collected the top free PowerPoint case study presentation templates with or without sample text. Marketing and product managers, sales execs, and strategists can use them to arrange and present their success stories, strategies, and results.

On this page, you'll find six PowerPoint case study presentation templates, including a  marketing case study template , a  problem-solution-impact case study , and a  customer journey case study template , among others. Plus, discover the  key components of successful case study presentations , find out the  different types of case study presentations , and get  expert tips .

PowerPoint Single-Slide Case Study Presentation Template

Download the Sample Single-Slide Case Study Presentation Template for PowerPoint Download the Blank Single-Slide Case Study Presentation Template for PowerPoint

When to Use This Template:  Use this single-slide case study presentation template when you need to give a quick but effective overview of a case study. This template is perfect for presenting a case study when time is limited and you need to convey key points swiftly.

Notable Template Features: You can fit everything you need on one slide. Download the version with sample text to see how easy it is to complete the template. Unlike more detailed templates, it focuses on the main points, such as the problem, solution, approach, and results, all in a compact format. It's great for keeping your audience focused on the key aspects of your case study without overwhelming them with information.

PowerPoint Marketing Case Study Template

Download the Sample Marketing Case Study Template for PowerPoint

Download the Blank Marketing Case Study Template for PowerPoint

When to Use This Template: Choose this marketing case study template when you need to dive deep into your marketing strategies and results. It's perfect for marketing managers and content marketers who want to showcase the detailed process and successes of their campaigns. 

Notable Template Features: This template focuses on the detailed aspects of marketing strategies and outcomes. It includes specific sections to outline business needs, results, and strategic approaches.

PowerPoint Problem-Solution-Impact Case Study Template

Download the Sample Problem-Solution-Impact Case Study Template for PowerPoint

Download the Blank Problem-Solution-Impact Case Study Template for PowerPoint

When to Use This Template:  This problem-solution-impact case study template is useful for focusing on how a challenge was solved and the results. Project managers and strategy teams that want to clearly portray the effectiveness of their solutions can take advantage of this template. 

Notable Template Features: This template stands out with its clear structure that breaks down the case into problem, solution, and impact. Use the template — available with or without sample data — to help you tell a complete story, from the issue faced to the solution and its results, making it perfect for presentations that need to show a clear cause-and-effect relationship.

PowerPoint Comparative Study Template

Download the Sample Comparative Study Template for PowerPoint  

Download the Blank Comparative Study Template for PowerPoint  

When to Use This Template:  Choose this comparative study template — available with or without sample data — to illuminate how different products, strategies, or periods stack up against each other. It's great for product managers and research teams who want to do side-by-side comparisons. 

Notable Template Features: This template lets you put things next to each other to see their differences and similarities, with a focus on direct comparisons. Use the columns and split slides to make the content easy to understand and visually appealing, perfect for highlighting changes or different approaches.

PowerPoint Customer Journey Case Study Template

Download the Sample Customer Journey Case Study Template for PowerPoint

Download the Blank Customer Journey Case Study Template for PowerPoint

When to Use This Template: This template is useful for customer experience managers and UX designers who need to understand and improve how customers interact with what they offer. Use the customer journey case study template with sample data to see how to show every step of a customer's experience with your product or service. 

Notable Template Features:  This template focuses on the whole path a customer takes with a product or service. It follows them, from first learning about the offering to after they buy it.

PowerPoint Case Study Storyboard Template

Download the Sample Case Study Storyboard Template for PowerPoint   Download the Blank Case Study Storyboard Template for PowerPoint  

When to Use This Template:  Creative teams and ad agencies should use this case study storyboard template — with or without sample data — to tell a story using more images than text.

Notable Template Features: This template transforms a case study into a visual story. Effectively communicate the journey of a business case, from the challenges faced to the solutions implemented and the results achieved.

Key Components of Successful Case Study Presentations

The key components of successful case study presentations include clear goals, engaging introductions, detailed customer profiles, and well-explained solutions and results. Together they help you present how your strategies succeed in real-world scenarios. 

The following components are fundamental to crafting a compelling and effective marketing case study presentation:   

• Clear Objective:  Define the goal of your case study, ensuring it addresses specific questions or goals. 
• Engaging Introduction:  Start with an overview of the company, product, or service, as well as the context to provide necessary background information. 
• Customer Profile:  Detail your target customer demographics and their needs to help the audience understand who the marketing efforts are aimed at and their relevance. 
• The Challenge:  Clearly articulate the primary problem or issue to overcome to establish the context for the solution and strategy, highlighting the need for action. 
• Solution and Strategy:  Describe the specific strategies and creative approaches used to address the challenge. These details should demonstrate your approach to problem-solving and the thought process behind your decisions. 
• Implementation:  Explain how the solution was put into action to show the practical application. This description should bring your strategy to life, allowing the audience to see how you executed plans. 
• Results and Impact:  Present measurable outcomes and impacts of the strategy to validate and show its effectiveness in real-world scenarios. 
• Visual Elements:  Use charts, images, and infographics to make complex information more accessible and engaging, aiding audience understanding. 
• Testimonials and Quotes:  Include customer feedback or expert opinions to add credibility and a real-world perspective, reinforcing your strategy’s success. 
• Lessons Learned and Conclusions:  Summarize key takeaways and insights gained to show what the audience can learn from the case study. 
• Call to Action (CTA):  End with an action you want the audience to take to encourage engagement and further interaction.

Different Types of Case Study Presentations

The types of case study presentations include those that compare products, showcase customer journeys, or tell a story visually, among others. Each is tailored to different storytelling methods and presentation goals.

The following list outlines various types of case study presentations:   

• Problem-Solution-Impact Case Study:  This type focuses on a clear narrative structure, outlining the problem, solution implemented, and final impact. It's straightforward and effective for linear stories. 
• Comparative Case Study:  Ideal for showcasing before-and-after scenarios or comparisons between different strategies or time periods. This option often uses parallel columns or split slides for comparison. 
• Customer Journey Case Study:  Centered on the customer's experience, this option maps out their journey from recognizing a need to using the product or service, and the benefits they gained. It's a narrative-driven and customer-focused case study format. 
• Data-Driven Case Study:  Emphasizing quantitative results and data, this format is full of charts, graphs, and statistics. This option is perfect for cases where numerical evidence is the main selling point. 
• Storyboard Case Study:  Use this type to lay out the case study in a storytelling format. This option often relies on more visuals and less text. Think of it as a visual story, engaging and easy to follow. 
• Interactive Case Study:  Designed with clickable elements for an interactive presentation, this type allows the presenter to dive into different sections based on audience interest, making it flexible and engaging.
• Testimonial-Focused Case Study:  This format is best for highlighting customer testimonials and reviews. It leverages the power of word of mouth and is highly effective in building trust.

Expert Tips for Case Study Presentations

Expert tips for case study presentations include knowing your audience, telling a clear story, and focusing on the problem and solution. They can also benefit from using visuals and highlighting results.

“Case studies are one of the most powerful tools in an organization’s marketing arsenal,” says Gayle Kalvert, Founder and CEO of  Creo Collective, Inc. , a full-service marketing agency. “Done correctly, case studies provide prospective buyers with proof that your product or service solves their business problem and shortens the sales cycle.”   

“Presentations are probably the most powerful marketing asset, whether for a webinar, a first meeting deck, an investor pitch, or an internal alignment/planning tool,” says marketing expert  Cari Jaquet . “Remember, the goal of a case study presentation is not just to inform, but also to persuade and engage your audience.” 

Use these tips to make your presentation engaging and effective so that it resonates with your audience:   

• Know Your Audience:  Tailor the presentation to the interests and knowledge level of your audience. Understanding what resonates with them helps make your case study more relevant and engaging. “Presentations can also be a forcing function to define your audience, tighten up your mission and message, and create a crisp call to action,” explains Jaquet.
• Tell a Story:  Structure your case study like a story, with a clear beginning (the problem), middle (the solution), and end (the results). A narrative approach keeps the audience engaged. 
• Focus on the Problem and Solution:  Clearly articulate the problem you addressed and how your solution was unique or effective. This section is the core of a case study and should be given ample attention. 
• Use Data Wisely:  Incorporate relevant data to support your points, but avoid overwhelming the audience with numbers. Use charts and graphs for visual representation of data to make it more digestible. 
• Highlight Key Results:  Emphasize the impact of your solution with clear and quantifiable results. This could include increased revenue, cost savings, improved customer satisfaction, and similar benefits.
• Incorporate Visuals:  Use high-quality visuals to break up text and explain complex concepts. Consider using photos, infographics, diagrams, or short videos.  “I put together the graphics that tell the story visually. Speakers often just need a big image or charts and graphs to help guide their talk track. Of course, if the audience expects details (for example, a board deck), the graphic helps reinforce the narrative,” shares Jaquet.
• Include Testimonials:  Adding quotes or testimonials from clients or stakeholders adds credibility and a real-world perspective to your presentation. 
• Practice Storytelling:  A well-delivered presentation is as important as its content. Practice your delivery to ensure you are clear, concise, and engaging. At this point, it also makes sense to solicit feedback from stakeholders. Jaquet concurs: “Once my outline and graphics are in place, I typically circulate the presentation draft for review. The feedback step usually surfaces nuances in the story or key points that need to show up on the slides. There is no point in building out tons of slides without alignment from the speaker or subject matter experts.”
• End with a Strong Conclusion:  Summarize the key takeaways and leave your audience with a final thought or call to action. 
• Seek Feedback:  After your presentation, request feedback to understand what worked well and what could be improved for future presentations. 

“Don't underestimate the power of a great presentation. And don't wait until the last minute or try to invent the wheel on your own,” advises Jaquet. “Many times, getting the next meeting, winning the deal, or getting the project kicked off well, requires your audience to understand and believe your story.”

Streamline and Collect All the Elements Needed for a Case Study with Smartsheet

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The Smartsheet platform makes it easy to plan, capture, manage, and report on work from anywhere, helping your team be more effective and get more done. Report on key metrics and get real-time visibility into work as it happens with roll-up reports, dashboards, and automated workflows built to keep your team connected and informed. 

When teams have clarity into the work getting done, there’s no telling how much more they can accomplish in the same amount of time.  Try Smartsheet for free, today.

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IGCSE Business Studies: Full set of PPT presentations

Subject: Business and finance

Age range: 14-16

Resource type: Lesson (complete)

Last updated

11 May 2021

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These 29 presentations have been designed to provide teachers of IGCSE Business Studies with a complete set of presentations allowing a clear structure for delivering the full course.

The presentations match the following syllabus requirements

Cambridge IGCSE Business Studies (0450) Cambridge IGCSE (9-1) Business Studies 0986 Cambridge O Level Business Studies (7115)

Click below for a free sample: https://1drv.ms/p/s!Ana1JGS9UmnBmw0oFFBRLVlXVrh9?e=Dh6pE5

There is, of course, a huge range of quality websites and textbooks that support student learning. With the aide of past paper questions, text book exercises, detailed texts and many quality videos available online, students should feel well resourced.

These presentations will save hard-pressed teachers hours of their valuable time.

Contents Section 1 - Business Activity 1.1 Introductory Unit 1.2 Classifying Business 1.3 Type of Business Organisation 1.4 Enterprise and Growth of Business 1.5 Business Objectives Section 2 - People in Business 2.1 Motivation 2.2 Organisation and Management 2.3 Recruitment Selection and Training 2.4 Communication Section 3 - Marketing 3.1 The role of Marketing 3.2 Market Research 3.3 Product 3.4 Pricing 3.5 Place 3.6 Promotion 3.7 Technology and the Marketing Mix 3.8 Marketing Strategy Section 4 - Operations 4.1 Production of Goods and Services 4.2 Costs, Scale of production and Break Even 4.3 Achieving Quality 4.4 Location of Business Section 5 - Business Finance 5.1 Source of Finance 5.2 Cash Flow and Working Capital 5.3 Income Statements 5.4 Balance Sheets 5.5 Ratio Analysis Section 6 - External Influences 6.1 Economic Issues 6.2 Environmental and Ethical Issues 6.3 Global Issues

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flavia_tudoreanu

Well structured but slightly dry and heavy. You might want to edit and simplify. I was hoping to get some examples or cases to help the learning process but it is strictly workbook definitions or info and charts (on places a little pixelated/low quality). There is reference to video presentation but don't seem to have the links. Maybe they will send them later. In conclusion, I found more suitable resources for free for my style of teaching.

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Worthwhile spending. If you want to save your valuable time, don't hesitate to buy it.

davidroyall

Hi, many thanks. I will be updating this next year (probably May) and will send you a complementary update as a thanks! Enjoy..

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Business Case Study PowerPoint Template

Business Case Study PowerPoint Template is a professional presentation created to describe Business Case Studies.

A Case Study is a research method consisting of a close and detailed examination of a subject of study (a.k.a “the case”) as well as its related contextual conditions. “The Case” studied can be an individual, an organization, an action or even an event taking place in a specific place and time frame.

The Case Method   is a teaching approach that uses real scenario cases to situate students in the role of the people (generally top management) who faced the decision making process in the specific timeframe, place and environmental condition. This method has become widespread across Business Schools as the standard learning path for the new generation of managers.

Ideal for MBA Students and Candidates that require simple and quick business PowerPoint Templates to complete their analysis for the Case Study, and present it to the class. It is created with high definition background pictures that represent the business metaphor of each section. Also it uses high quality PowerPoint Icons, to represent business ideas and be able to describe conclusions and findings with high visual impact. Business Consultants and Analysts can take advantage of this case study template to present their overall analysis and findings to the executive board or top management.

The structure of our Business Case Study PowerPoint Template consists of the following sections, each of them created through the Harvard Business School Business Case Study Guidelines.

• Problem and Solution
• Executive Summary
• Brief History
• Business Key Points
• Key Challenges
• Industry Analysis
• Environmental Analysis
• Financial Performance
• Company Analysis
• Key Success Factors
• Alternative Options
• Pros & Cons
• Solution Analysis and Comparison
• Recommendations

This sections will guide each presenter in to the full description of the Case Study Analysis , engaging the audience with powerful visual components.

Every Shape, Icon and Clipart is 100% editable, allowing the user to customize the complete appearance of the presentation, changing size, color, effects, position, etc. Also, every shape can be reused in existing presentations in the case the presentar desires to decorate existing Business Case Analysis with new high quality PowerPoint Shapes.

Impress your audience with our outstanding  Business Case Studies PowerPoint Template . Create professional PowerPoint presentations that appeal to Global audiences.

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Business Studies Grade 12

Published by Tracy Boyd Modified over 8 years ago

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BUSINESS STUDIES

Mar 11, 2019

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BUSINESS STUDIES . NEEDS. Goods or services essential for living. WANTS. Goods or services that people would like to have which are not essential for life. RESOURCES. Factors of production Land - Natural resources Labour - Efforts of people Capital - Finance and equipment

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• variable costs
• fixed costs
• team textiles
• total costs devided
• team textiles sells shirts

Presentation Transcript

NEEDS • Goods or services essential for living.

WANTS • Goods or services that people would like to have which are not essential for life.

RESOURCES • Factors of production • Land- Natural resources • Labour- Efforts of people • Capital- Finance and equipment • Enterprise- skill to bring the resources together to produce a good or service. (Person: entrepreneur)

SCARCITY • The factors of production are limited in supply. • There are never enough to produce all the needs and wants of a whole population. • There is an economic problem.

THE NEED TO CHOOSE • As there are limited resources for unlimited wants, people have to decide which wants they will satisfy and which they will not.

OPPORTUNITY COST • Itisthenextbestalternativegiven up bychoosinganotheritem. • A B • Car A or car B? • The individual chooses car B. • Therefore, car A istheopportunitycost.

COSTS – REVENUE - PROFIT. • COSTS- Expenses incurred by a firm in producing and selling its products. They include expenditure on wages and raw materials. • REVENUE- It is the amount of money a firm gets from selling a good or service. • PROFIT- It is the difference between what it costs to produce something and what it is sold for. (Price-Costs).

COSTS • FIXED- Are the same regardless the production. • VARIABLE- Increase with the amount produced. • TOTAL- Are fixed costs + variable costs. • AVERAGE- Are Total Costs devided by the output.

EXERCISE Team textiles sells shirts at £ 24 each. Complete the chart below. Is the firm making any profit?

EXERCISE Complete the following table for Team Textiles, assuming that its fixed costs are £ 4000 each week and its variable costs are £ 12 for each shirt produced.

EXERCISE Complete the following table for Team Textiles.

BREAK- EVEN POINT • Break – even point is the point at which an organisation covers its costs with the money it makes through sales. • A break-even chart is prepared in advance to see how much the business needs to sell at a particular price.

BREAK- EVEN POINT • Break – even point is expressed in terms of the quantity of items made or sold. • An alternative method for calculating break-even is to devide the total fixed cost by the contribution from selling each unit. • The contribution of a product is selling price less variable cost.

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