Business Studies

Why study Business Studies ?

Fancy yourself at the head of a successful business? Got some great ideas for new products or services? Or maybe you want to work for a large company by working in marketing or management. No matter what your vision, the Business Studies GCSE course gives you a powerful start to launch you on to becoming a business person. All the key topics of starting and running a business are covered. Armed with this knowledge, maybe you could be giving Richard Branson or Alan Sugar a run for their money in a few years time! Of course not everyone wants a global corporation. A lot of people prefer small businesses offering individual service or set up their own business, working for themselves.

Business Studies is a popular and dynamic subject which is forever changing. Business activity is all around us and Business Studies as a subject is relevant to many career areas. For example: Economics, Finance, Accountancy, Human Resource Management, Production, Marketing, Law, Linguistics, Retail Management, Tourism and Leisure, Hospitality and Event Management, Journalism, Politics and Government and Industry.
Business activity at Key Stage 4 is encouraged with the opportunity to participate in Business competitions and enterprise events.

All businesses (and other organisations like charities, schools and hospitals) need sound business skills behind them.

Aims & Objectives:

• To develop interest and enthusiasm for Business Studies
• Make effective use of relevant terminology, concepts and methods
• Apply their knowledge and critical thinking to current issues and problems
• Distinguish between facts and opinions
• Appreciate the perspectives of a range of stakeholders in relations to the environment, individuals, society, government and enterprise
• Develop an understanding of the dynamics of business activity. This understanding must be rooted in current business theory and practice and must reflect the integrated nature of organisations and their decision making process

You will study:

• The Business Framework
• Business and their customers
• Producing Goods and Services
• Human Resource Planning
• The External Environment
• Business Finance and Control

You will learn:

• How real businesses operate
• How relevant business is to the world you live in and to your future
• How to understand the dynamics of business activity
• Accounting techniques
• Problem solving
• Decision making

Assessment:

• Examination worth 75% is one 2 hour written paper
• Controlled Assessment worth 25%  This is externally set by WJEC. The task (a business investigation) will becompleted at school and will be up to 2000 words.

Trips & Excursions:

Enterprise events and competitions.
Visits to companies such as The Chocolate Factory