Business Studies

Christ23Subject Introduction

Business Studies at Christ's is offered as an elective subject at GCSE and A Level. The aim is to allow students to develop a better understanding of the way in which the business world operates.

Business Studies is taught by a dedicated subject specialist, Ms Vashisht.

The Curriculum

Key Stage 4

The Business Studies GCSE is designed for candidates of all abilities to allow them to develop a better understanding of the way in which the business world operates.  It employs an analytical, evaluative and investigative approach to the study of business studies.  It will require candidates to both understand the dynamic environment in which business operates, and appreciate many and varied factors that impact upon business activity and behaviour in the twenty-first century.

Students follow the OCR exam board and are assessed in particular aspects of all business activity and behaviour.  The course is split into three units of assessment; each unit comprising discrete content:

Marketing and Enterprise (25%) is assessed internally via a controlled assessment.

Business and People (25%) is externally assessed by a means of an unseen question-and-answer style examination paper.

Production, Finance and the external business environment (50%) is externally assessed by means of a question-and-answer style examination based on a pre-released case study stimulus material.

Internal assessment is taken periodically each half-term. 

Topics covered

During Years 10 and 11 students will cover the following topics:

  • Marketing: Market research and data collection; the marketing mix; marketing in the wider business environment
  • Enterprise: Enterprise and the entrepreneur; the business plan
  • Business and People
    • The structure of business activity: the need for business activity; business ownership, trading organisations, growth and location
    • The workforce in business: employment and retention; organisation and communication
  • Production, Finance and External Environment:
    • Using and managing resources to produce good and services: types of production methods; management and control of production; production costs
    • Financial information and decision making: sources of finance; financial forecasting and analysis
    • External influences on business activity: the competitive environment; environmental influences and business ethics; government and the UK economy; globalisation and UK business

Key Stage 5

We offer Business Studies at AS and A level, and follow the Edexcel specification. Students are introduced to business in Themes 1 and 2 through building knowledge of core business concepts and applying them to business contexts to develop a broad understanding of how businesses work. Breadth and depth of knowledge and understanding, with applications to a wider range of contexts and more complex business information, are developed in Themes 3 and 4, requiring students to take a more strategic view of business opportunities and issues. Students are encouraged to use an enquiring, critical and thoughtful approach to the study of business, to understand that business behaviour can be studied from a range of perspectives and to challenge assumptions.

The Advanced level single award studies 4 Themes from the Scheme of Assessment.  The Themes covered are as follows: 

Theme 1: Marketing and People - students develop an understanding of: meeting customer needs, the market, marketing mix and strategy, managing people and entrepreneurs and leaders.

Theme 2: Managing Business Activity - students develop an understanding of: raising finance, financial planning, managing finance, resource management and external influences.

Theme 3: Business Decisions and Strategy - students develop an understanding of: business objectives and strategy, business growth, decision-making, influences on business decisions, assessing competitiveness and managing change.

Theme 4: Global Business - here students develop an understanding of: globalisation, global markets and business expansion, global industries and companies (multinational companies).

Enrichment and Extra-Curricular

Students are encouraged to carry out independent research on local businesses. We have a weekly drop-in Business Studies surgery for students to further develop ideas or to expand their knowledge of concepts. Visits are to help consolidate concepts and provide exposure real-world business scenarios.

Life after Christ’s

The qualification will allow for a number of progression routes including Higher Education (e.g. BA Degree in Business Studies/Management), other Applied Business related qualifications and subsequent employment.

Links and Resources

  • The subject teacher
  • Reference material including Business Review and Economist magazines, daily newspapers and many textbooks for study in the library
  • www.Tutor2U.net/business
  • BBC business news website
  • The internet for research purposes

 

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