• Tucasi

Business Studies

Business is the study of setting up and growing a company and managing a workforce within it. The Business department comprises Business Studies which is taught at GCSE and A level and Economics which is taught at A level. The department is based on the top floor of the main block, although many lessons are taught in the sixth form block. The Business department has a long record of helping students achieve excellent results and many if our students progress to studying Economics and Business courses at University

Key Stage 3

Business Studies is not taught as a separate subject in Years 7 - 8, but students learn some of the basic principals through history, geography, mathematics and PSHE.

 

The Business Studies department is active in introducing business studies to key stage three students through extra curricular activities including enterprise days for all years.

GCSE

Why study GCSE Business Studies?

 

The specification is designed to encourage candidates to consider the practical application of business and economic concepts. GCSE Business Studies provides progression for those wishing to continue their studies to A level Business and A level Economics. 

The course commences in Year 9 and continues to the end of Year 11, Business Studies is allocated five hours over a two week period.

 

Students in year 9 study 2 units; 

Business in the Real world including 

  • Business ownership (whether to start as a sole trader, partnership or limited company
  • Setting business aims and objectives
  • Business relationships with different stakeholder groups
  • How businesses choose their location
  • How entrepreneurs expand their business

Human Resources including

  • How to structure an organisation
  • Recruiting and selecting employees
  • Motivating employess
  • Training

 

Students in year 10 study 2 units;

Influences on business including

  • Impact of technology on business
  • Business ethics and environmental initiatives
  • How the economic climate affects business
  • Globalisation
  • Legislation
  • How businesses compete

Business Operations including

  • The production process
  • The role of procurement
  • The concept of quality
  • Providing good customer service

 

Students in year 11 will study

  • Marketing including
  • Identifying and understanding customers
  • Market segmentation
  • Methods of market research 
  • Elements of the marketing mix (product, price, promotion and distribution)

Finance including 

  • Sources of finance
  • Cash flow
  • Financial terms and calculations
  • Analysing the financial performance of a business

A Level

Edexcel

 

Theme 1 - Marketing and People

  • meeting customer needs 
  • the market 
  • marketing mix and strategy 
  • managing people 
  • entrepreneurs and leaders.  

Theme 2 - Managing Business Activities

  • raising finance 
  • financial planning 
  • managing finance 
  • resource management 
  • external influences.  

Theme 3 - Business Decisions and Strategy

  • business objectives and strategy 
  • business growth 
  • decision-making techniques 
  • influences on business decisions 
  • assessing competitiveness 
  • managing change.   

Theme 4 - Global Business

  • globalisation
  • global markets and business expansion 
  • global marketing 
  • global industries and companies (multinational corporations).