Business Studies

Teacher: Miss Khan

GCSE qualifications in business subjects should encourage students to be inspired, moved and challenged by following a broad, coherent, satisfying and worthwhile course of study and gain an insight into related sectors. The GCSEs should prepare students to make informed decisions about further learning opportunities and career choices.

GCSE qualifications in Business Studies enable students to:

• Actively engage in the study of business and economics to develop as effective and independent students and as critical and reflective thinkers with enquiring minds.

• Use an enquiring critical approach to distinguish facts and opinions, to build arguments and make informed judgements.

• Develop and apply their knowledge, understanding and skills to contemporary issues in a range of local, national and global contexts.

• Appreciate the range of perspectives of different stakeholders in relation to business and economic activities.

• Consider the extent to which business and economic activity can be ethical and sustainable.

Skills

The following are skills within business contexts you would expect a student to develop during the course:

• Practical skills – time management, personal organisation and action planning

• Presentational skills – addressing audiences using a variety of media and forms

• Personal skills – showing evidence of progression

• Interpersonal skills – communication and group work

• Cognitive skills – reflection and review of own and others’ performances.

Units

The GCSE Specification for this subject is split into three units:

Unit 1 Introduction to Small Business

This unit concentrates on the key issues and skills involved in enterprise. It provides a framework to consider the marketing, financial, human and operational issues involved in starting and running a small business.

This unit contains five topic areas.

1.1 Spotting a business opportunity

1.2 Showing enterprise

1.3 Putting a business idea into practice

1.4 Making the start-up effective

1.5 Understanding the economic context

Unit 2 Investigating Small Businesses (Controlled Assessment)

In this unit, students will use the content to research, analyse and evaluate a selected task on enterprise issues.

Unit 3 Building a Business

This unit builds on Units 1 and 2 and examines how a business develops beyond the start-up phase. It focuses on practical methods used to build up a business, with an emphasis on aspects of marketing, customer service, financial and people management. It also considers the impact of the wider world on the success or failure of a business.

Students need to appreciate that organisational success requires an understanding of the business as a whole: the interactions between departments and the relationship between the business and outside forces.

This unit consists of five topic areas.

3.1 Marketing

3.2 Meeting customer needs

3.3 Effective financial management

3.4 Effective people management

3.5 The wider world affecting business

What could the course lead to?

The qualifications achieved will assist in preparing students to make informed

decisions about further learning opportunities and career choices.

This GCSE course could lead to the following careers:

· Accountancy

· Business Law

· Marketing

· Management

· Public Relations

· Human Resources

· Hospitality and Leisure