Business Studies

ACADEMIC YEAR 2021/2022 YEAR 10

BUSINESS STUDIES

The world of business affects each and every one of us. Whether you have ambitions to work in business or become your own boss, this course will give you a valuable insight into how businesses are set up and managed and how and why some businesses succeed where others fail.

COURSE CONTENT Unit 1 Business Activity & influences on business

● 1.1 Business objectives ● 1.2 Types of organisations ● 1.3 Classification of businesses ● 1.4 Decisions on location ● 1.5 Business and the international economy ● 1.6 Government objectives and policies ● 1.7 External factors ● 1.8 What makes a business successful

Unit 2 People in Business

● 2.1 Internal and external communication ● 2.2 Recruitment and selection process ● 2.3 Training ● 2.4 Motivation and rewards ● 2.5 Organisation structure and employees

Unit 3 Business Finance

● 3.1 Business finance-sources ● 3.2 Cash flow forecasting ● 3.3 Costs and break-even analysis ● 3.4 Financial documents ● 3.5 Accounts analysis

SKILLS DEVELOPED

The following are the essential skills required for success and will be built upon during the course: ● Problem solving ● Abstract-thinking ● Ability to complete multi step calculations

SPECIFICATION LINK

ASSESSMENTS

Assessments will be ongoing throughout the year, with a major assessment at the end of each topic. These iGCSE style assessments will be taken from past examination papers to ensure students have practical experience of examination questions at the earliest opportunity. The assessment process will culminate in an end of year mock examination.