This subject will give business knowledge of organisations across every industry with a focus on business enterprise, finance and employment.
In Year 9 pupils will be involved in real-life business scenarios, setting up small enterprises and experiencing what it is really like to run a business.
In Year 10 pupils will cover the following topics: the dynamic nature of the business; risk and reward; the role of the business enterprise; customer needs; market research; market segmentation; the competitive environment; business aims and objectives; business revenues, costs and profits; cash and cash flow; sources of business finance; the options that exist for a start-up business; business location; the marketing mix; business plans; business stakeholders; technology and business; legislation and business; legislation and business; the economy and business; external influences.
In Year 11 pupils will cover the following topics: business growth; changes in the business aims and objectives; business and globalisation; ethics, the environment and business; product; price; promotion; place; using the marketing mix to make business decisions; business operations; working with suppliers; managing quality; the sales process; business calculations; understanding business performance; organisational structures; effective recruitment; effective training and development; motivation.
Edexcel GCSE Business
Theme 1 – Investigation of Small Business Theme 2 – Building a Business
Written examination: 50% of grade Written examination: 50% of grade