Business

Key Stage 4

What will I learn?

It is unlikely that you will have studied business before taking this course, but you might have an interest in business, and may want to start your own business one day. You may have an enquiring mind and be interested in learning about the world around you, how businesses are set up, and what it is that makes someone a great entrepreneur.

While in Year 10 you will study the first unit of this course and are likely to study many new topics. 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.

Year 10 work is based around these business concepts:

  • Enterprise and entrepreneurship

  • Spotting a business opportunity

  • Putting a business idea into practice

  • Making the business effective

  • Understanding external influences on business

In Year 11 we will gradually study how businesses grow, the key functions or departments in a business, then look into the influences from the world that surrounds them.

  • Growing the business

  • Making marketing decisions

  • Making operational decisions

  • Making financial decisions

  • Making human resource decision

 

How will I be assessed?

  • Two exam papers, that each last 90 minutes; each is worth 50% of your GCSE.

  • One exam is on the knowledge you study in Year 10, and the other on the knowledge we cover in Year 11.

  • There is a mixture of multiple-choice questions, calculations, and longer written answers in both exams.

 

How will I be taught?

This course is active, enjoyable and challenging. You need to be good at communicating and explaining your ideas, and not afraid of learning new things and working with numbers to solve business problems. You will learn how to be a creative thinker and how to make decisions. What’s more, you will also learn about the world of business through research and investigation, as well as through practical tasks. A mixture of whole class, group work and individually based approaches to the subject, including use of ICT and video. Good GCSE Business students will also be keeping themselves up to date with business news and current topical events. 

 

Progression

Business is a successful and popular GCSE subject and leads naturally to A Level in either Business Studies or Economics. At Advanced Level, the subjects are chosen by a large number of students and particularly those who are considering professional careers in occupations such as Accountancy, Banking, Insurance, Hotel & Catering, Tourism, Retailing and General Management.

 

Examination Board

Edexcel