Subject: Business Studies
Subject Leader: Miss J Heggs
Examination Board: Pearson
This qualification provides an engaging, practical and relevant introduction to the world of business. It encourages you to explore the range of business types and understand the factors that influence success through analysing business models. It enables you to develop, enhance and apply your research, practical, communication and technical skills through creating and presenting a business plan for a realistic business start-up in your local area. You will study finance and analyse key financial statements (for example, income statements and statements of financial position), reviewing their importance in the successful financial management of a business.
How you will learn:
You will complete three pieces of coursework and 1 online examination.
How you will be assessed:
Unit 1: Introduction to Business - This unit introduces you to the language and terminology used in business. You will explore different types of business ownership and how they relate to the size and scale of a business. You will also explore how the type of ownership impacts on the responsibilities of the owners of a business. By combining all this with looking at different types of business model, you will begin to understand how diverse the world of business is.
Unit 2: Finance for Business – The unit will help to develop your understanding on the costs involved in business and how businesses make a profit. This will lead you to develop your understanding on how businesses plan for success. Finally, you will explore how businesses measure success and identify areas for improvement.
Unit 3: Enterprise in the Business World - In this unit you will explore business enterprise ideas including the trends that affect them and the factors that influence their success. You will draw on knowledge gained throughout the other units to carry out research and assess the suitability of a business idea. You will use this to plan an enterprise idea for a realistic business start-up in your local area, based on your research.
Unit 4: Promoting a Brand - Learners explore the importance of branding and promotion to business and elements of the promotional mix in order to develop and promote a brand for a business.
There are a range of job opportunities including retail buying, management, banking, management consultancy, chartered accountancy, marketing, advertising, investment banking, sales, personnel officer, teaching, local government, health service and the civil service.
For further information see: Miss J Heggs
Why should I choose this subject?