The aim of this syllabus is to enable Centres to develop Business Studies courses that are suitable both for Advanced Level candidates and for
those seeking a more limited study of the topic.
Candidates and Centres may choose:
- to take all Advanced Level components in the same session
- to follow a staged assessment route to the Advanced Level by taking the Advanced Subsidiary qualification in an earlier examination. Subject to satisfactory performance, such candidates are then only required to take the final part of the assessment
- to take the Advanced Subsidiary qualification only.
3 No previous study of the subject is assumed by the syllabus.Aims:
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 critical understanding of organisations, the markets they serve and the process of adding value. This should involve consideration of the internal workings and management of organisations and, in particular, the process of decision-making in a dynamic external environment.
- To be aware that business behaviour can be studied from a range of stakeholders including customer, manager, creditor, owner/shareholder and employee.
- 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 in the light of evaluation;
- the quantification and management of information, where appropriate;
- effective communication.
The emphasis should be on the application of concepts and issues to the local context where appropriate.