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KS4

Business Studies

Pupils follow the OCR (Specification J204) course at GCSE. Pupils have two lessons per week as part of their GCSE Business Studies course. Homework is set as per the homework timetable and recorded in student journals and Show My Homework.

Key skills required to complete this course:

• Know and understand business concepts, business terminology, business objectives, the integrated nature of business activity and the impact of business on individuals and wider society

• Apply knowledge and understanding to contemporary business issues and to different types and sizes of businesses in local, national and global contexts

• Develop as enterprising individuals with the ability to think commercially and creatively to demonstrate business acumen, and drawn on evidence to make informed business decisions and solve business problems

• Develop as effective and independent students, and as critical and reflective thinkers with enquiring minds

• Use an enquiring, critical approach to make informed judgements

• Investigate and analyse real business opportunities and issues to construct well-argued, well-evidenced, balanced and structured arguments, demonstrating their depth and breadth of understanding of business

• Develop and apply quantitative skills relevant to business, including using and interpreting data.

 

Topics covered:

Unit 1: Business activity, marketing and people

 1hour 30mins examination which equates to 50% of the total GCSE

  • The role of business enterprise and entrepreneurship
  • Business planning, ownership, aims and objectives
  • Stakeholders in business
  • Business growth
  • The role of marketing
  • Market research and segmentation
  • The marketing mix
  • The role of human resources
  • Organisational structures and different ways of working
  • Communication in business
  • Recruitment and selection
  • Motivation and retention
  • Training and development
  • Employment Law

Unit 2: Operations, finance and influences on business

1hour 30mins examination which equates to 50% of the total GCSE

  • Production processes
  • Quality of goods and services
  • The sales process and customer service
  • Consumer law
  • Business location
  • Working with suppliers
  • The role of the finance function
  • Sources of finance
  • Revenue, cost, profit and loss
  • Break-even
  • Cash and cash flow
  • Ethical and environmental consideration
  • The economic climate
  • Globalisation

The interdependent nature of the business

  • The interdependent nature of business operations, finance, marketing and human resources within a business context
  • How these interdependencies underpin business decision-making
  • The impact of risk and reward on business activity
  • The use of financial information in measuring and understanding business performance and decision-making.

 

What skills will I need for Business Studies?

This subject is both active and enjoyable. You need to be good at communicating and explaining your ideas and not be afraid of learning new concepts and working with numbers to solve business problems. You will learn how to be a creative thinker and make decisions. You will also learn about the world of business through research and investigation, as well as through practical tasks.

 

BTEC Business

Course Outline

The course consists of 4 units. 2 mandatory (including 1 exam) and 2 option units.

Mandatory units

Unit 1 Enterprise in the Business World (Internal Assessment)

Unit 2 Finance for Business (1hr Exam 20% of final grade)

Plus 2 optional units

Unit 3 Promoting a Brand

Unit 6 Introducing Retail Business

 

What will I learn in BTEC Business?

The nature of the course is very ‘hands on’. We will be involving local businesses in the delivery of the course as well as being able to visit key organisations in the locality. There is an emphasis on written work, research skills, working in groups and presenting findings to a target audience. Throughout the 2 years there will be an opportunity to test out your enterprise skills, looking at the marketing mix and preparing and presenting your sales pitches to our very own Dragons! If you have ever considered becoming the next Lord Alan Sugar or fulfilling your dreams through starting you own business, then this is the course for you!

 

Key skills for BTEC Business

You will develop the following skills:

There is an emphasis on ‘learning by doing’. Students will learn to work using their own initiatives. You will also be able to demonstrate self-motivation through meeting regular deadlines, along with research skills. Communication and interpersonal skills will develop through regular presentations and discussions.