Business and Commercial Subjects

Head of Faculty

Mr Craig Benoit

The purpose of the Business Education programme at Key Stage 3 is to give students the opportunity to explore the theories and concepts of the business and economic world. Students undertake written and practical tasks to investigate business and its environment. The course of study provides progression for those wishing to continue their studies to GCSE Business or GCSE Economics.

Year 8 Business Studies

 

The Year 8 programme introduces students to Entrepreneurship, Business Ownership, Business Finance, Operations Management, HRM and Marketing.

Homework and Marking

Students are set an extended research project on an entrepreneur of their choice during the ‘Setting up a Business’ unit. The ‘Marketing a New Drink’ project requires students to conduct primary and secondary research outside class time and this work will be set by their class teacher at the appropriate time.

Year 9 Business Studies

The Year 9 programme introduces students to Economics, they study the basic economic problem, types of economies, the price mechanism and the national economy. A personal finance unit develops students’ skills and knowledge in money management.

Homework

Students create a poster to demonstrate their understanding of key economic terms and concepts. They are asked to research and collect data from the current national economy.

Assessment and Feedback

Each student is issued a study booklet at the start of each unit. Class work tasks are either self, peer or teacher assessed; and targets are set accordingly. There are two formal assessments during the year, a test result and project mark. The aim of these assessments is to give students feedback on their progress and develop in them the skills, knowledge and techniques needed to succeed if they continue their studies to GCSE level.

GCSE Applied Business – Double Award (Fastrack)

Year 10

Unit 1 Setting up a Business
This unit introduces students to issues concerning the setting up and operation of a business. it explores the activities of business and the reasons for success or failure. it encourages candidates to appreciate that businesses must operate within society and that this involves businesses engaging with a wide range of stakeholders who will hold differing perspectives.
Assessment – Exam at the end of Year 11 (20% of GCSE grade)

Unit 5 Marketing and Customer Service
Students will explore how businesses carry out customer research in order to identify and understand the needs of their customers and, therefore, attempt to meet them. They will also explore the ways in which businesses try to establish an advantage over their competitors by altering their marketing activities. Consideration should be given to how technology is, or could be, used to enhance these activities. Finally in this section students will investigate the meaning and importance of customer service and how businesses decide on the level of customer service they will offer to their customers.
Assessment – 7 hour Controlled Assessment in Spring of Year 10 (30% of GCSE grade)

Year 11

Unit 4 People in Business
Students will investigate how businesses organise their staff and define their job roles. They will also investigate the working arrangements of staff at different levels of hierarchy within businesses and how these meet the needs of a specific business. Students will explore how businesses can motivate staff to improve productivity. Finally they will examine their own skills and personality traits, considering how these indicate their suitability for particular types of occupations.
Assessment – 7 hour Controlled Assessment in Autumn of Year 11 (30% of GCSE grade)

Unit 7 Business Finance
Every business needs to manage its finances. If it does not manage its finances successfully then the business is likely to fail. This unit introduces four key elements of business finance: sources of business finance, costs and break-even, financial statements and financial planning and forecasting.
Assessment – Exam at the end of Year 11 (20% of GCSE grade)

GCSE Business

Year 10

Unit 1 Setting up a Business
This unit introduces students to issues concerning the setting up and operation of a business. It explores the activities of business and the reasons for success or failure. It encourages candidates to appreciate that businesses must operate within society and that this involves businesses engaging with a wide range of stakeholders who will hold differing perspectives.
Assessment – Exam at the end of Year 11 (40% of GCSE grade)

Year 11

Unit 2 Growing a Business
This unit builds upon the content of Unit 1, allowing students to study businesses as they grow and the issues that expansion raises.
Assessment – Exam at the end of Year 11 (35% of GCSE grade)

Unit 3 Investigating Businesses
This is Controlled Assessment – tasks will be replaced each year and will only be available for one assessment opportunity. Tasks have included Location and Marketing.

GCSE Economics

Year 10

Unit 11 Personal Economics
This unit aims to equip students with the basic tools of the economist to help them understand their place in and contribution to the local, national and global economy as consumers, workers and citizens. They will be encouraged to investigate a range of contemporary issues, analysing the evidence from different perspectives
so as to make reasoned judgements and informed decisions.
Assessment – Exam at the end of Year 11 (50% of GCSE grade)

Year 11

Unit 12 Investigating Economic Issues
In the study of this unit students will further develop their understanding of economic concepts and theories studied in Unit 11. Students will apply these to a range of economic issues locally, nationally and globally. Issues have included; Poverty, Globalisation, Monopolies and the Environment.
Assessment – Exam at the end of Year 11 (50% of GCSE grade)

Sixth Form

AS and A2 Business

A-level Business Studies helps students:

  • develop a critical understanding of organisations, the markets they serve and the process of adding value
  • be aware that business behaviour can be studied from the perspectives of a range of stakeholders
  • acquire a range of skills including decision-making and problem-solving
    be aware of the current structure of business and business practice.

The specification studied requires students to develop their ability to acquire a range of important and transferable skills including data skills, presenting arguments, making judgments and conducting research. This course has no coursework or controlled assessment.

AS and A2 Economics

A-level Economics helps students:

  • develop an interest and enthusiasm for economics and its contribution to the wider political and social environment
  • develop an understanding of a range of concepts and acquire an ability to use these concepts in a variety of different contexts
  • develop an enquiring, critical and thoughtful ‘economist’s mind’
  • practice skills, qualities and attitudes which will equip them for the challenges, opportunities and responsibilities of adult and working life
  • develop an understanding of current economic issues, problems and institutions that affect everyday life
  • apply economic concepts and theories in a range of contexts and appreciate their value and limitations in explaining real world phenomena
  • analyse, explain and evaluate the strengths and weaknesses of the market economy and the role of government within it.