BEP20 Exam Review 2024-2025 PDF

**[BEP20 Exam Review 2024-2025 ]** Friday, January 24^th^, 2025 Length: 90 Minutes Format: **[Topics Covered ]** **[Strand A (Management and Leadership)]** - 6 types of leadership styles (Week 2) - Project Management Process (Week 3) - The Role of Business Technologies (Advantages/Disa...

**[BEP20 Exam Review 2024-2025 ]** Friday, January 24^th^, 2025 Length: 90 Minutes Format: **[Topics Covered ]** **[Strand A (Management and Leadership)]** - 6 types of leadership styles (Week 2) - Project Management Process (Week 3) - The Role of Business Technologies (Advantages/Disadvantages) (Week 3) - Cybersecurity common problems and prevention measures (Week 4) **[Stand B (Economic Foundations) ]** - Good vs service, needs vs wants, economic resources (3 factors of production) (Week 6) - Opportunity Cost, Producers, Consumers (Week 6) - Supply and Demand -- factors, relationship etc. (Week 6) - What are the 3 types of economies? (Week 7) - Maslow's Hierarchy -- 5 levels (Week 7) - Needs, Characteristics of wants, Empathy (Week 7) - Gross Domestic Product (Week 8) - 6 Stages of the business Cycle -Recession, Expansion, Peak, Trough (Week 8) - Driving Forces of the economy (Week 8) - Trend vs Fads (Week 8) - Competitive Structures (Monopoly, Oligopoly, Monopolistic Competition, Perfect competition (Week 8) - International Business -- Benefits, Cost, Advantages, Disadvantages (Week 9) - Trading Partners, Exports, Imports (Week 10) - International Business Structures, Globalization, Trade agreements, (Week 10) - Business Etiquette, Mixed Economy, Public vs Private sector, NGO (Week 11) - Forms of business ownership -- Sole P, Partnership etc -- (Week 12) - Corporations, Franchises, Stocks (Week 12) - Types of business -- retail, manufacturing, service (Week 13) - Not for profit vs profit, Corporate social responsibility, Ethics (Week 13) - Factors of production (Week 15) - Production Process, Improving Productivity, ISO (Week 15) - Marketing -- brand name, logo, slogan, naming a brand, types of logos (Week 16) - 4 p's of marketing, Advertising vs publicity, AIDA formula (Week 16) - Sales Promotions, Direct vs indirect competitors (Week 17) - Target Market - demographics, geographics, psychographics (Week 17) - Accounting: Income Statement vs Balance Sheet (Week 17) **[Strand D (Functions + Entrepreneurship)]** - Human Resources -- Recruitment, Selection, Training, Dismissals (Week 18) - Entrepreneurial Mindset (Week 18) - Options for funding an entrepreneurial venture (Week 18) - Key Performance Indicators for entrepreneurial venture -- ROI (Week 18)