GCSE Business Studies
The CCEA GCSE Business Studies specification encourages students to investigate how businesses start up. They explore the resources, marketing, and finance that businesses need and the challenges they face. They also examine how businesses grow and the role of stakeholders - groups that have an interest in a business. They understand the role of human resources, the recruitment and selection process, and the value of employee training and motivation.
This qualification is achieved by completing the following three units:
Unit 1: Starting a Business (40%) - Exam (Year 11)
In this unit, students are introduced to the fundamentals of starting a business.They examine why businesses start and the resources required to maintain and grow them. Students explore business aims and the impact that various stakeholder groups may have on businesses. Students explore marketing options and consider
the impact of e-business on potential growth strategies. They also consider why businesses conform to quality assurance standards and health and safety legislation.
Unit 2: Developing a Business (40%) - Exam (Year 12)
In this unit, students examine recruitment and selection practices and analyse the importance of a business having motivated and well-trained employees. They identify the signs of business success and failure and evaluate the different ways in which businesses grow. Students learn about business finance. They examine the
sources of finance and complete basic cash flow forecasts, as well as interpreting simple financial statements. When analysing business performance, students consider concepts such as ratio analysis and break-even (BE).
Unit 3: Planning a Business (20%) - Controlled Assessment (Year 12)
In this synoptic unit, which may examine any area of content from the specification, students apply knowledge and understanding drawn from across the whole specification to a real business context.
Students carry out research and apply it, together with their own knowledge, to a range of circumstances. They examine and evaluate specified areas of a business plan and make reasoned recommendations.
This unit is assessed by controlled assessment.
Business Studies provides students with a unique insight into the world of work. Students discover how businesses are set up and operate in the local and global economy. Throughout their two years of study students take part in a range of industrial visits and investigate local businesses. Business Studies is a stepping stone to a whole range of future opportunities. The skills you develop will support you in future studies and/or employment. Studying Business Studies will help students gain knowledge and understanding of businesses, how businesses start up, what is required to keep them going, and the challenges they face. Business Studies gives you the opportunity to engage and explore your own characteristics. You get to meet business owners and hear all about their pathways to running their own successful businesses.
Many students progress to study a Business Course at ‘A’ Level. This subject is relevant to the following jobs: Advertising, Banking, Human Resources, Law, Marketing, Public Relations, and Management.