Business Studies

Subject Leader: Mrs K Pyrke


Key Stage 4

Year 10 and 11 - BTEC Tech Award in Enterprise

Exam Board : Pearson
Level : 1/2

Course Overview

Throughout year 10, students will learn about different business concepts, the different types of ownership, to their aims and what factors can influence a business. Students will then apply this knowledge to two small local businesses, developing an understanding of how these contexts impact on business behaviour and their success.

Students will then research their chosen businesses to find out:

  • The interdependent nature of business aims and their activities, understanding the characteristics of an entrepreneur to ensure success and how market research is essential to their progression.

  • How different business contexts affect business decisions and success.

  • Understand internal and external influences that companies have to take into account to ensure that they are successful.

Assessment:

Component 1: Exploring Enterprise

  • How businesses operate.

  • Consider how market research helps a business to understand the market.

  • Investigate the characteristics of an entrepreneur to ensure business success.

Internal Assessment: 30% of overall grade.

Component 2: Planning for and Pitching an Enterprise Activity

  • Develop 3 business ideas for a product or service that would benefit the local community.

  • Create a business plan for the chosen idea and identify the financial implications that this would cause.

  • Pitch your business idea in a Dragon’s Den style activity.

  • Internal Assessment: 30% of overall grade
     

     

Component 3: Promotion and Finance for Enterprise

  • Understand the costs involved in business and how businesses make a profit.

  • Understand how businesses plan for success.

  • Understand how businesses measure successes and identify areas for improvement.
     

Formal Examination: 2 hour.   60 marks. 40% of overall grade.


Curriculum Content

Year 10

Term 1: Introduction to business, understanding how two specific businesses operate and how they are owned.
Term 2: Looking at the different characteristics needed by the business owners to work towards achieving success.
Term 3: The impact market research can have on companies in different sectors.
Term 4: Introduction into Finance, using different formulas.
Term 5: Understanding the purpose of financial documents and why businesses use them.
Term 6: Exam skills and techniques.

Year 11

Term 1: Introduction to business plans, students generate ideas for their own business.
Term 2: Understand the areas within a business plan that need to be considered to ensure that it is as successful as it can be.
Term 3: Analyse financial data to ensure that costs are low to make the business viable.
Term 4: Plan a pitch to show an understanding of the business created and how it will be successful.
Term 5: Evaluate the pitch and identify areas of strength and weakness.
Term 6: Revision for the Finance exam should a retake be required.


Sixth Form Provision 

Edexcel BTEC Level 3 Extended Certificate in Business

Exam Board : Edexcel
Level : 3

Course Overview

The Extended Certificate is for learners who are interested in learning about the business sector alongside other fields of study, with a view to progressing to a wide range of higher education courses, not necessarily in business-related subjects.

Unit 1: Exploring Business.  In this introductory unit, learners study the purposes of different businesses, their structure, the effect of the external environment, and how they need to be dynamic and innovative to survive.

Unit 2: Developing a Marketing Campaign. Learners will gain skills relating to, and an understanding of, how a marketing campaign is developed.

Unit 3: Personal and Business Finance. Learners study the purpose and importance of personal and business finance. They will develop the skills and knowledge needed to understand, analyse and prepare financial information. Written examination set by Pearson.

2 hours. 80 marks.

Unit 8: Recruitment and Selection Process.Learners explore how the recruitment process is carried out in a business. The unit gives learners the opportunity to participate in selection interviews and review their performance.

Useful Information:

Suggested Revision Guides and Books

Revise BTEC Tech Award Enterprise Revision Guide - £5.99 each

Revision guides can be purchased through Parent Pay and collected from Mrs Pyrke.

Out of School Learning (OSL) and Extra-Curricular Activities

Business Studies OSL every Friday 3pm - 4pm in D15.