WHY TAKE THIS COURSE?
This qualification will provide a broad understanding of business and entrepreneurship knowledge and skills to support progress to higher education. Business Studies helps students to:
develop a critical understanding of organisations, the markets they serve and the process of adding value
be aware that business behaviour can be studied from the perspectives of a range of stakeholders
acquire a range of skills including decision-making and problem-solving
be aware of current business practice.
AIMS OF THE COURSE
To provide a broad education and appreciation of the wider business environment. Focusing on four key themes: people, markets, finance and operational delivery.
COURSE STRUCTURE AND CONTENT
Learners cover topics including:
the role of finance in planning an enterprise, analysing and making financial decisions
how organisations use human, physical and financial resources to achieve goals
enterprising behaviour and how it encourages entrepreneurial opportunities.
Unit 1 – Financial Planning and Analysis, covering ownership and finances for business decisions.
Unit 2 – Business Dynamics – Factors contributing to business success, focusing on the employees.
Unit 3 – Entrepreneurial opportunities – Investigate entrepreneurial opportunities and propose marketing activities to take advantages of the opportunity.
Unit 4 – Managing and leading people – Explore the importance of leadership and how employees work.
Unit 5 – Developing a business proposal – Students will develop, present and evaluate a business idea.
Unit 8 – Marketing communications - development of a marketing mix and communication for a business.
Assessment is through examinations, external assignments and centre set assignments.
Units 2, 5, and 8 are centre set assignements and internally assessed .
Units 1 and 4 are external examinations.
Unit 3 is an external assignment set and assessed by the examination board.
To be accepted a student should have at least 5 GCSEs at grades 9 - 4 (or equivalent) and it is strongly advised that this should include English and Mathematics.
It is recommended that students should have a grade 5 GCSE or equivalent in Business Studies as this course will build on the concepts and skills they have already learned.