In life, you will either work for a business or run your own business. This course will enable you to understand key roles within organisations and how they fit together. It will also help you understand why businesses make decisions and what the effects will be. It balances creative and practical skills
Year 12
Unit 1 - Exploring Business
This unit is a coursework module and includes key ingredients for business success, how businesses are organised, how they communicate, the characteristics of the environment in which they operate, and how this shapes them and their activities. You will also look at the importance of innovation and enterprise to the success and survival of businesses, with the associated risks and benefits.
Unit 2 - Developing a Marketing Campaign
This unit examines the marketing aims and objectives for existing products/services and discusses the importance of relevant, valid and appropriate research in relation to customers’ needs and wants. You will use given market research data and other information to make recommendations about the type of marketing campaign that a business should undertake. To complete the assessment task within this unit, you will need to draw on your learning from across your programme.
Year 13
Unit 3 - Personal and Business Finance
This unit is assessed through an exam covering accounting terminology, the purpose and importance of business accounts and the different sources of finance available to businesses. Planning tools, such as cash flow forecasts and break-even, will be prepared and analysed. Measuring the financial performance of a business will require you to prepare and analyse statements of comprehensive income and statements of financial position.
Unit 8 – Recruitment and Selection Process
This unit is assessed through coursework and gives you the opportunity, through role play, to take part in selection interviews. This unit will also give you a foundation for progression to employment, for example in a human resources role, or to higher education. Through undertaking recruitment activities the unit will help you to develop the skills needed in an interview situation. You will have an opportunity to review your individual performance and analyse your skills for development