Business Studies
Curriculum Information
External Environment and Business in Key Stage 4
Content includes:
- Business effects on the community and its environment;
- External factors affecting business;
- An understanding of the role of the entrepreneur and the effects on other stakeholders.
The Ownership and Control of Business
- Criteria which distinguish between the main forms of business;
- The extent and nature of the growth of business.
The Aims and Objectives of Business
- The objectives of different types of business organisations need to be considered in terms of targets and criteria for success.
The Management Of People Within A Business
- Methods, organization and control of business, for example, leadership and motivation of people within a business. This section also includes the function of the Personal Management within the business and the effects and management of change.
Finance
- The three elements within this section are sources of finance, business planning and analysis of profitability, liquidity and performance.
Production
This section is concerned with the way organizations use and manage resources to produce goods and services. This section includes location decisions.
Marketing
This section is concerned with the way in which consumers behave in the market place. This section include:
- Markets
- Market Research
- The Marketing Mix
- Legal and ethical constraints
Assessment
This course is assessed by one written paper and one piece of coursework.
The examination accounts for 75%
Coursework accounts for 25%