The emphasis should be on the application of concepts and issues to the local context. Therefore, pupils are encouraged to be aware of current trends and affairs.
Business Studies is a stimulating and challenging course that has relevance to everyday life as it also prepares the student to become an enlightened participant in the world.
The syllabus is intended to lead to courses that will encourage students:
To understand and appreciate the nature and scope of business, and its role in society.
To develop a critical understanding of organisations, the markets they serve and the process of adding value.
To be aware that business behaviour impacts on a range of stakeholders - both internal to the business and externally.
To be aware of the economic, environmental, ethical, governmental, legal, social and technological issues associated with business activity.
To develop skills in:
Decision making and problem solving
The quantification and management of information
Effective communication
Pupils are expected to demonstrate the following skills during assessments:
Knowledge and critical understanding of the content.
Application of this knowledge to a specific theme.
Analysis of problems, issues and situations by
distinguishing between statements of fact, statements of value and hypothetical statements.
making valid inferences from material.
organising ideas.
making valid generalisations.
Evaluation of the reliability of material, checking that conclusions drawn are consistent with given information and discriminating between alternative explanations.
Final Assessment
Pupils write ONE examination at the end of Grade 12. The examination together with their School Based Assessments (SBA) make up their final result. The breakdown of the final result (out of 400) is given below:
Examination: Application of Business Knowledge and Problem-solving and Analysis
Marks: 300
Time: 3 Hours
SBA: Various tasks and assessments
Marks: 100
Time: School Year
Business Studies is a subject that participates in the One Research Task Option.