P2 Part 2 The Contribution to the UK economy

Hi Year 13 L3 T&T

P1 Part 2

What is GDP

GDP stands for Gross Domestic Product and it is the monetary value of all the finished goods and services produced within a country's borders within a specific time but usually on an annual basis.  See BBC

Importance of GDP

Data from the World Trade Organisation shows that international tourist arrivals for
business, leisure and other purposes were estimated at £880 million in 2009

This has a forecast growth to $1.6 billion by 2020.

International tourism generated US$852 in export earnings in 2009

Tourism was worth £115.4 billion to the UK economy in 2009

This is the equivalent of 8.9% of GDP 

Importance to employment

Tourism is said to be the world’s largest employer.

Approximately 250 million are employed within the tourism industry

In the UK – 10% of total employment is in the tourism sector.

International tourism supports more than 230 million jobs across the world.

The number of jobs supported by UK tourism is forecast to rise from the current figure of 

2.6 million to 2.9 million by 2020.

At present, one in 12 jobs in the UK is either directly or indirectly supported by tourism.

Tourism is said to be the world’s largest employer. Approximately 250 million are

employed within the tourism industry.

In the UK – 10% of total employment is in the tourism sector.

International tourism supports more than 230 million jobs across the world.

The number of jobs supported by UK tourism is forecast to rise from the current figure of 

2.6 million to 2.9 million by 2020.

At present, one in 12 jobs in the UK is either directly or indirectly supported by tourism. 

Daily Mail Online 17th April 2015

Study Skills 
 
Planning the layout of your coursework click here
Referencing If you use any of these you will need to find a reference to attach to it so that
you can say where the information is from.  Alternatively you may use your own research
oh and don't forget what a report looks like see here
 
Good Luck and enjoy


Mr T

Global Enterprise Week is Busines Challenge Week at Imberhorne School

Wednesday 14th November 2018

Venue: Conference Room

The wonderful world of business finance & banking

Our very own Mrs Goss and Mr Batsford take you into the wonderful world of finance, including banking and investments, and the vital role that this sector plays in the economy and the successful careers that it can offer.  

Mr Batsford worked in the City for over 20 years, starting on the graduate training scheme at Citibank, moving to Barclays Global Investors, then M&G Investments before changing career to become a teacher. He held a variety of roles including quantitative analyst, fund manager and client-facing investment director. He is a firm advocate of the financial services sector and the vital role it plays in the UK economy.

Mrs Goss took a slightly different route.  With the option to take a degree in business finance or take up the offer of an apprenticeship she chose the latter and developed her fantastic skill set on the job.  In her own words "I never looked back" o for those not sure if University is for them why not listen again to the words of wisdom on the video clip below above and take up the challenge below.  You never know the company might make you an unconditional offer and take you on after your A levels or GCSE's

Challenge: Research a sector that you would like to work in, banking, accountancy or investments and then find a Higher Apprentice vacancy and apply for it!

Global Enterprise Week 2018 is Busienss Challenge Week at Imberhorne School

Business Challenge Week is Global Enterprise Week so once again we combined both at Imberhorne School

Monday 12th November 2018

Venue: Conference Room

      

Thinking of a career in Engineering STEM Ambassador Dr Nikolaos

Demiridis would like to inspire you into the how and why!  

Nikolaos’s background in his own words: “Hello! I am a Chartered Civil Engineer (MICE CEng), Project Management Professional (PMP®) with extensive cross-functional experience in the engineering and delivery of integrated rail systems - from tramways and metros, to high speed mainline and heavy haul railways. My experience has been gained through exposure within both the industry and academia, including applied research & development. Railways and engineering are only two of my passions; which, obviously, I turned both into profession! Naturally a bit of a restless spirit, I am always on the lookout for a new challenge, as long as it helps pushing my boundaries a bit further each time! I enjoy mentoring and coaching younger professionals and have been leading diverse teams internationally for more than ten years now and assisting fellow engineers with their professional development. For me, promoting STEM is promoting a sustainable future for the next generations, the ones we borrowed from the world we live in and enabling them to make it better.” He currently works as an Associate Technical Director for Arcadis UK Ltd.

prospective applicants could apply at www.arcadis.com.
Internships usually appear on the system around end of Q1 (usually March).
For more information see website below.

Arcadis www.arcadis.com

  

 

Balance Sheets Made Easy

Dear BTEC Business




this page is designed to help you understand a very difficult concept very quickly.


Definition: 
A balance sheet is a valuation of a company at a certain time and place.


It also shows what the company OWES and OWNS at a particular time and place.


It also tells you how the business was financed and should accurately show how the NET ASSETS and the FINANCE BALANCE


So lets start here with this PowerPoint and here and make some notes on this tough topic
Another Example of a balance sheet can be found here




1. Test what you have learnt from the power points above with this balance sheet terminology


2. My first Balance Sheet

A generic balance Sheet that covers all bases see here

3. Key Definitions

4. Key term test here

Revision resources for the whole unit here

Extended reading
What is the difference between an ordinary share and a preference share click here

The YE teams first balance sheet




Super Curricular


A brief history of Accounting


Further reading around the topic here

Meet Jason, the entrepreneeur who wants to SHARE with you everything you need to know about setting up your own business and making money your own way

This is Jason Greystone - serial entrepreneur!

Since starting his first business at 22 years old, Jason Graystone has successfully built and run multi million pound businesses both in the service sector and online.

Coming from a working class family with little education, Jason embarked on a journey of self development from an early age which he says played a fundamental part of his success.

Jason believes that if you have the right mindset and adopt the right personality traits, you can use the same formula to achieve anything you want in life; and it’s this attitude that allowed him to achieve financial freedom by the time he was 31.

Jason believes that everyone deserves to live an inspired life. “We are better people when we have time to contribute towards what we are passionate about. We can solve meaningful problems and be rewarded and fulfilled at the same time.”

Jason’s website can be found at: jasongraystone.com ​

Challenge: To set yourself up as an entrepreneur watch the 25 minute life changing video above and answer the questions at the end.

Enjoy

Mr T

Doing market research does not have to be DULL

Dear Year 10


Here is the Year 12 Questionnaire that they sent out to all staff yesterday.


Here are the results from it.


Today we will be ending it to all parents.


Why is research so important to their business ?


cookyourlook.is a Year 12 Young Enterprise Business.  This is their current market research survey

Global Enterprise Week 2018 - Linking curriculum learning to careers

Thinking of a career in Engineering STEM Ambassador Dr Nikolaos

Demiridis would like to inspire you into the how and why!  

Nikolaos’s background in his own words: “Hello! I am a Chartered Civil Engineer (MICE CEng), Project Management Professional (PMP®) with extensive cross-functional experience in the engineering and delivery of integrated rail systems - from tramways and metros, to high speed mainline and heavy haul railways. My experience has been gained through exposure within both the industry and academia, including applied research & development. Railways and engineering are only two of my passions; which, obviously, I turned both into a profession! Naturally a bit of a restless spirit, I am always on the lookout for a new challenge, as long as it helps to push my boundaries a bit further each time! I enjoy mentoring and coaching younger professionals and have been leading diverse teams internationally for more than ten years now and assisting fellow engineers with their professional development. For me, promoting STEM is promoting a sustainable future for the next generations, the ones we borrowed from the world we live in and enabling them to make it better.” He currently works as an Associate Technical Director for Arcadis UK Ltd.

See the recent Gatsby report here