Business Studies

AQA: GCSE BUSINESS STUDIES 8132 OPTION SUBJECT INTRODUCTION

This is a very broad ranging subject starting with the challenges faced when a business starts and grows. The main areas include:

The management and organisation of employees The processes required to produce a product and or provide a service The process of Marketing, including how a business can create a loyal customer base Basic business finance including; cash flow, income statements and statements of financial position How businesses are increasingly affected by the external environment.

There is extended writing in the exams so a student needs to be able to develop and justify their business decision. Also, a student will need to complete basic financial calculations so they need to be numerate.

ASSESSMENT

The assessment is exam based with two 1 hour 45 minute exams that will be taken at the end of Year 11.

PAPER 1 INFLUENCES OF OPERATIONS AND HRM ON BUSINESS ACTIVITY PAPER 2 INFLUENCES OF MARKETING AND FINANCE ON BUSINESS ACTIVITY

The main theme is how business management and organisation is impacted by the aims of the business and the external environment it operates in.

Also how a product and or service is provided in the most efficient way possible. The main theme is how the marketing of an organisation is impacted by the aims of the business and the external environment it operates in.

Also an understanding of how a business raises finance and basic accounts.

Both papers will be assessed with a variety of multiple choice and short answer questions. Moving onto case study based data response questions.

BEYOND GCSE

The GCSE is a very popular subject with a high percentage of students continuing their studies by taking Business or Economics at A level. Beyond that Business and Economics degrees are amongst the most popular courses for Royal Russell students, providing a pathway for a wide variety of careers from Banking, Accounting, Marketing and Management.