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Business Studies

Curriculum Information

Year 10 Business 2018/2019

Course title: GCSE Business (9-1) Exam board: Edexcel Specification code: 1BS0
How will students be assessed?
Students will be assessed in the following ways:

Theme 1: Investigating small business (Paper code: 1BS0/01)
Written examination: 1 hour and 30 minutes
50% of the qualification
90 marks

Theme 2: Building a business (Paper code: 1BS0/02)
Written examination: 1 hour and 30 minutes
50% of the qualification
90 marks

Both examinations will be taken during the summer term of year 11.

Half term Key content
1 (8 weeks) Theme 1: Investigating small business

Topic 1.1 Enterprise and entrepreneurship
Students are introduced to the dynamic nature of business in relation to how and why business ideas come about. They also explore the impact of risk and reward on business activity and the role of entrepreneurship.

2 (7 weeks) Topic 1.2 Spotting a business opportunity
Students will explore how new and small businesses identify opportunities through understanding customer needs and conducting market research. They will also focus on understanding the competition.
3 (6 weeks) Topic 1.3 Putting a business idea into practice
This topic focuses on making a business idea happen through identifying aims and objectives and concentrating on the financial aspects.
4 (6 weeks) Topic 1.4 Making the business effective
Students will explore a range of factors that impact on the success of the business, including location, the marketing mix and the business plan.
5 (5 weeks) Topic 1.5 Understanding external influences on business
Students are introduced to a range of factors, many of which are outside of the immediate control of the business, such as stakeholders, technology, legislation and the economy. Students will explore how businesses respond to these influences.
6 (7 weeks) Theme 2: Building a business

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.

 

 

Year 11 Business 2018/2019

Course title: GCSE Business (9-1) Exam board: Edexcel Specification code: 1BS0
How will students be assessed?
Students will be assessed in the following ways:

Theme 1: Investigating small business (Paper code: 1BS0/01)
Written examination: 1 hour and 30 minutes
50% of the qualification
90 marks

Theme 2: Building a business (Paper code: 1BS0/02)
Written examination: 1 hour and 30 minutes
50% of the qualification
90 marks

Both examinations will be taken during the summer term of year 11.

Half term Key content
1 (8 weeks) Theme 2: Building a business

Continue with 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.

2 (7 weeks) Topic 2.2: Making marketing decisions
Students develop their understanding of the marketing mix and marketing decisions made in larger organisations. They will study the strategies used by businesses in terms of the design mix and marketing mix as well as understanding a range of methods a business can use to differentiate themselves and gain competitive advantage.
3 (6 weeks) Topic 2.3: Business Operations

Students are introduced to the purpose of business operations in a variety of business examples.  They will study how a business manages its production activities, stock, approach to quality and sales as well as the impact of technology in business operations

4 (6 weeks) Topic 2.4: Making Financial decisions
Students continue to develop their understanding of financial management and decision making, learning how to calculate profits, average rates of return on investments as well as analysing business performance by interpreting financial and market data.
5 (5 weeks) Topic 2.4 Making human resource decisions
Students are introduced to the role of the Human Resources and how a business structures its organisation and manages employees. They will look at a range of strategies such as communication, technology, recruitment, training and motivational strategies.
6 (7 weeks) Time is dedicated to revision and exam preparation.

 

 

Year 12 Business 2018/2019

Course title: Business

Level 3 Extended certificate

Exam board: OCR Specification code: 05837
How will students be assessed?
Students will sit two external exams at the end of Year 12 and complete three pieces of coursework by the end of year 13.
Half term Key content
1 (8 weeks) Unit 1: The Business Environment

Topic 1 – Understand different types of businesses and their objectives
1.1 different types of business activity, i.e. primary, secondary, tertiary,
1.2 different sectors of operation, i.e. private,  public,  third sector
1.3 different forms of legal business ownership,
1.4 factors which inform business ownership,
1.5 differing business aims and objectives,

Topic 2 – Understand how the functional areas of businesses work together to support the activities of businesses
2.1 Key tasks of functional areas of businesses, i.e. finance, marketing, sales, human resources (HR), operations management, customer services, business support services, research and development, purchasing/procurement.
2.2 How business functions interrelate with other business functions.

 Topic 5 Understand the relationship between businesses and stakeholders
5.1 Who the main stakeholders are, i.e.  Internal stakeholders, external stakeholders and their objectives.
5.2 The ways in which different stakeholder groups attempt to alter business behaviour.

Topic 3 – Understand the effect of different organisational structures on how businesses operate
3.1 Different organisational structures, i.e.  flat structures,  hierarchical/tall structures,   centralised, decentralised, matrix.
3.2 Elements of organisational structures, i.e. division of work, span of control, chain of command.
3.3 How the elements of the organisational structures impact on businesses operations, i.e.  Communication paths accountability, authority and responsibility, delegation, empowerment.
3.4 The use of organisation charts to show:  elements of the organisational structure and the status of different levels of job roles. 

2 (7 weeks) Topic 6 – Understand the external influences and constraints on businesses and how businesses could respond

6.1 The factors which comprise the external business environment, i.e.  

  • social factors  
  • technological factors
  • economic factors
  • environmental factors  
  • political factors
  • legal factors
  • Ethical factors,
  • competitor factors

6.2 To identify how the external environment can impact on a business and its stakeholders.
6.3 How businesses can respond to changes in their external environment.

Topic 4 – Be able to use financial information to check the financial health of businesses

4.1 What is meant by the terms:  cost (including fixed and variable costs)  revenue  cash flow  net cash flow  profit  break-even  margin of safety/
4.2 How to calculate:  profit/loss, break-even point/output.
4.3 How to interpret financial statements, i.e.  an income statement, a statement of financial position,  a cash flow statement,  a cash flow forecast.

Topic 7 – Understand why businesses plan

7.1 Why businesses plan.
7.2 Determine appropriate sources of finance for businesses,
7.3 What may be included in a business plan,

Topic 8 – Be able to assess the performance of businesses to inform future business activities

8.1 Factors affecting the success/failure of a business, i.e.
8.2 How to conduct a S.W.O.T. (Strengths, Weaknesses, Opportunities and Threats) analysis.
8.3 How to interpret business performance.

3 (6 weeks) Unit 2: Working in a business

Topic 1 – Understand protocols to be followed when working in business

1.1 The authority protocols.
1.2 The confidentiality protocols.
1.3 The constraints on document content.
1.4 The checking protocols, i.e.  Checking of documents, checking of arrangements,        implications of poor checking.
1.5 The IT security protocols, i.e. protection of information against unauthorised access, inappropriate use of IT equipment and software.
1.6 The employment protocols.

Topic 4 – Be able to prioritise business tasks

4.1 The reasons for prioritising business tasks.
4.2 The factors that influence task prioritisation.
4.3 How to use information to inform prioritisation.
4.4 How to assign priorities and identify appropriate actions to complete tasks in accordance with their priority, i.e. high priority, medium priority, low priority
4.5 The need to change priorities when necessary, i.e. change deadline

 Topic 2 – Understand factors that influence the arrangement of business meetings

2.1 The factors that influence meeting arrangements.
2.2 The factors that influence business travel arrangements.
2.3 The factors that influence business accommodation arrangements.

Topic 3 – Be able to use business documents

3.1 The purpose, interpretation and completion of business documents.
3.2 The purpose and interpretation of other business documents.
3.3 How to make payments and the advantages and disadvantages of each payment method.
3.4 The purpose, completion and checking of meeting documentation.

4 (6 weeks) Topic 5 – Understand how to communicate effectively with stakeholders

5.1 The characteristics which inform the design of business communications.
5.2 How the characteristics of business communications design impact on the use of resources.
5.3 How and when to use different types of communication.
5.4 How to review business communications to make sure they are fit for purpose.

5 (5 weeks) Exam preparation and work on pre-release material
6 (7 weeks) Start assignment unit 16 – Project management (Mrs Underwood)
Start assignment unit 17 – Responsible business practices (Mr Nesbitt)

 

 

Year 13 Business 2018/2019

Course title: Business Level 3 Extended certificate Exam board: OCR Specification code: 05837
How will students be assessed?
Students will sit two external exams at the end of Year 12 and complete three pieces of coursework by the end of year 13.
Half term Key content
1 (8 weeks) Students will work on three assignments/themes throughout the academic year.

Unit 16 – Project management

Content
1. Understand the stages of project management.
2. Understand the skills project managers need to have.

 Unit 17 – Responsible business practices

Content
1. Understand how businesses operate responsibly.
2. Understand the importance of adopting responsible business practices.

2 (7 weeks) Unit 16 – Project management

Content
3. Understand how and why projects are monitored and factors that influence a project.
4. Be able to prepare project plans and use project planning tools.

 Unit 17 – Responsible business practices

Content
3. Be able to review the impact of responsible business practices on different stakeholders.
4. Understand the difficulties and potential conflicts businesses face when implementing responsible business practice(s).

 

3 (6 weeks) Unit 4 – Customers and communication

1. Understand who customers are and their importance to businesses.
2. Understand how to communicate with customers.

4 (6 weeks) Unit 4 – Customers and communication

3. Be able to establish a rapport with customers through non-verbal and verbal communication skills.
4. Be able to convey messages for business purposes.

5 (5 weeks) Completion of Unit 4 – Customers and communication
6 (7 weeks) Study leave