Business Studies

Introduction

The Business Studies department encourages students to be inspired, moved and challenged by following a broad, coherent, satisfying and worthwhile course of study, thereby gaining an insight into the wide world of business, employment and the economic environment in which students live and will grow into.

The department prides itself on not only delivering courses that allows students to develop academically, but ones that helps to foster and grow transferable skills which can later be applied to further education and the work environment. The Edexcel Business Studies courses offer a dynamic and well-rounded view of the business world which many past students have enjoyed and grown a passion for.

The department aims to develop students who:

  • 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.

This is achieved by using a rigorous approach to study, using a range of resources and well-developed schemes of work. These have the main intention of making the theory learned applicable to the real world, via the use of current and pertinent real life examples. Students are encouraged to work in a cooperative and collaborative manner which not only allows them to develop and share knowledge but also increase their confidence and ability to communicate.

The course is split into two main themes. Theme 1 – ‘Investigating Small Businesses’ and Theme 2 – ‘Building A Business’

While studying the two themes of this course you will be introduced to the world of small businesses and will look at what makes someone a successful business person. You will find out how to develop an idea and spot an opportunity, and turn that into a successful business. You will understand how to make a business effective and manage money. You will also see how the world around us affects small businesses and all the people involved.

How will I be assessed?

Theme 1 (50%) Theme 2 (50%)
Examination
The questions will be a mixture of multiple choice, data response, short-answer, extended-writing and scenario-based questions
Examination
The questions will be a mixture of multiple choice, data response, short-answer, extended-writing and scenario-based questions

What can I do after I’ve completed the course?

  • The GCSE business course can help you prepare for further and higher education such as AS/A2 Levels and BTEC courses.
  • You will become skilled in making decisions, being creative, solving problems, understanding finance, dealing with data, communicating and working as part of a team.
  • A GCSE Business course could lead to work in a business-related profession such as accountancy, law, marketing or the leisure and tourism industry.

Business studies in Year 10 & 11

Business is a subject that offers students an introduction to how businesses are developed and grown in the real world. It informs them of the practical nature of the world we live in and the mechanisms that operate in the markets that impact on our lives. The subject is very broad combining theoretical learning with practical working examples. The course we offer helps to bring a well-meaning balance to their learning and personal development suitable for their future needs. For example students are regularly encouraged to give talks and presentations on business ideas to help develop their confidence and communication skills. Students are encouraged to be as creative as possible in coming up with business ideas as well as being entrepreneurial in the way they approach their studies.

Students have a choice of the following Business courses at Key Stage 4:

  • GCSE Business (Years 10 – 11) from Edexcel Examination Board

The school offers great opportunities for students through business trips and activities. All learning facilities are fully resourced with IT in every classroom to give each and every student the best we can offer.

Half Term: Autumn 1

 

Autumn 2

 

Spring 1

 

Spring 2

 

Summer 1

 

Summer 2
Year 10 Introduction to business

The role of business enterprise

The dynamic nature of business

 

 

Business aims and objectives

 

Revenues, costs and profits

 

Cash flow

 

Sources of finance

 

Market research

 

The competitive environment

Market segmentation

 

The options for a start-up and small business

 

Business locations

Marketing mix

 

Business plans

 

Stakeholders

Technology and business

Legislations

The economy and business - External influences

 

Organisational structures

Effective recruitment

Effective training and development

 

Year 11: Working with suppliers

Managing quality

Business growth

Changes to aims and objectives

Business ethics and environment

 

Globalisation

Product

Price

 

Promotion

Place

 

Revision

& start of examinations

Revision

& start of examinations

Revision & examinations

 

Congratulations to the Year 11 students on achieving 54% grades 9-4.

If you enjoy:

  • Communicating and explaining your ideas
  • Thinking creatively and making decisions
  • Working with numbers to solve business problems
  • Learning about the world of business through research and investigation, as well as through practical tasks then the GCSE Business course is the right subject for you.
  • Marketing
  • Finance
  • Politics
  • Economics
  • Globalisation

You will study these topics amongst many others.