know and understand business concepts, business terminology, business objectives, the integrated nature of business activity and the impact of business o n individuals and wider society.
develop as enterprising individuals with the ability to think commercially and creatively.
investigate and analyse real business opportunities and issues.
develop problem solving and decision making skills relevant to business.
investigate, analyse and evaluate business opportunities and issues.
develop and apply quantitative (mathematical) skills relevant to business, including using and interpreting data.
develop as effective and independent students, and as critical and reflective thinkers with enquiring minds.
Theme 1 concentrates on the key business concepts,
issues and skills involved in starting and running a
small business. It provides a framework for students
to explore core concepts through the eyes of an
entrepreneur setting up a business. Students will b e
introduced to local and national business contexts and will develop an understanding of how these contexts impact business behaviour and decisions.
Topic 1.1: Enterprise and entrepreneurship
Topic 1.2: Spotting a business opportunity
Topic 1.3: Putting a business idea into practice
Topic 1.4: Making the business effective
Topic 1.5: Understanding external influences on business
Theme 2 examines how a business develops beyond
the start up phase. It focuses on the key business
concepts, issues and decisions used to grow a
business, with emphasis on aspects of marketing,
operations, finance and human resources. Theme 2
also considers the impact of the wider world on the
decisions a business makes as it grows. In this theme, students will be introduced to national and global business contexts and will develop an understanding of how these contexts impact business behaviour and decisions.
Topic 2.1: Growing the business
Topic 2.2: Making marketing decisions
Topic 2.3: Making operational decisions
The business world comprises an enormous variety of different careers.
This course aims to provide students with a practical appreciation of what ‘being in business’ involves.
The course is structured to give students a broad introduction to business principles. During the course students will investigate actual businesses and gain an understanding of business finance.
Business has strong links with lots of other subjects and develops skills such as IT, as well as enhancing communication and mathematical skills.