Vision Statement: To create and deliver an enterprising and dynamic course that provide essential life skills for business minded people.
Through studying this qualification students will:
- Apply knowledge and understanding to different business contexts. These include businesses ranging from small enterprises to large multinationals and businesses operating in local, national and global contexts
- Develop an understanding of how these contexts impact on business behaviour
- Use business terminology to identify and explain business activity
- Apply business concepts to familiar and unfamiliar contexts
Other skills that will be developed will include:
Core content for this Unit: Within this unit (Unit 1: Introduction to small Business) the students will concentrate on the key issues and skills involved in enterprise. The unit provides a framework to consider the marketing, financial, human and operational issues involved in starting and running a small business.
The unit contains five topics:
- Enterprise and entrepreneurship (1.1)
- Spotting a business opportunity(1.2)
- Putting a business idea into practice (1.3)
- Making the business effective (1.4)
- Understanding the external influences on business (1.5)
The unit involves students using an enquiring, critical approach to distinguish facts and opinions. It also involves the building of arguments and making of informed judgements, students will develop and apply their knowledge, understanding and skills to contemporary issues in a range of local, national and global context.
Theme 2 comprises five topic areas.
- Topic 2.1 Growing the business – students are introduced to methods of growth and how and why business aims and objectives change as businesses evolve. The impact of globalisation and the ethical and environmental questions facing businesses are explored
- Topic 2.2 Making marketing decisions – students will explore how each element of the marketing mix is managed and used to inform and make business decisions in a competitive marketplace
- Topic 2.3 Making operational decisions – this topic focuses on meeting customer needs through the design, supply, quality and sales decisions a business makes
- Topic 2.4 Making financial decisions – students will explore the tools a business has to support financial decision making, including ratio analysis and the use and limitation of a range of financial information
- Topic 2.5 Making human resource decisions – growing a business means that decisions relating to organisational structure, recruitment, training and motivation
Overview of assessment: 2nd paper:
- First assessment: May/June 2019
- The assessment is 1 hour and 30 minutes
- The assessment is out of 90 marks
- Questions will relate to the content that appears in Theme 1 and students may draw on underpinning knowledge and understanding developed through Theme 2 as appropriate
- The paper is divided into three sections. o Section A: 35 marks o Section B: 30 marks o Section C: 25 marks
- Homework expectations (hours and completion standards): 1 hour a week formal homework with 30 minutes extension activities – usually an article on a topical issue to encourage independence
- Trips and Visits: Opportunities to collaborate with languages for trips to Business related establishments
- Out of class opportunities (Clubs): Period 6 lessons will be available for GCSE students and the opportunity for educational visits will exist for 2019-2020
How can I support my child at home? Through monitoring of Show My Homework and dialogue with the teacher through emails of telephone.