Business Studies

Curriculum Intent

The Business Studies department provide students with the opportunity to develop key skills and knowledge related to the business world. We encourage students to develop their soft skills such as interpersonal (people) skills, communication skills, listening skills and time management. Soft skills are transferable skills that can be used regardless of the person’s job. This makes job candidates with soft skills very adaptable employees. Students will also have the opportunity to develop their business skills such as planning, pitching marketing, advertising, finance. They will also investigate the details of local businesses and their owners.

Aims

Our aim is to introduce students to the various areas of business. We will support them in investigating how to set up and run a successful business and help them discover the key skills and attributes a successful business person requires.

Learning Journey

Our learning journeys give a visual overview of the curriculum content covered in each subject. They will help you understand how students make progress in different topics over the years they are with us.

1. Entrepreneurship, Business Organisation and Stakeholders

1.1          Entrepreneurship

1.1.1      Being an entrepreneur

1.1.2      Entrepreneurial motivators

1.1.3      Entrepreneurial skills and attributes

1.2          Business and enterprise aims and objectives

1.2.1      Reasons for aims and objectives

1.2.2      Financial aims and objectives

1.2.3      Non-financial aims and objectives

1.3          Structures

1.3.1      Legal structures

1.3.2      The impact on business and enterprise of different structural characteristics

1.3.3      The impact on business and enterprise of changes in structure

1.4          Stakeholders

1.4.1      Internal stakeholders

1.4.2      External stakeholders

1.4.3      Stakeholder engagement

1.4.4      Stakeholder conflict

2. Market Research, Market Types and Orientation and Marketing Mix

2.1 The market

2.1.1 Aspects of the market

2.2   Market research

2.2.1 Primary market research

2.2.2 Secondary market research

2.2.3 Data types

2.2.4 Market types

2.2.5 Business orientation types

2.3   Marketing mix

2.3.1 Price

2.3.2 Place

2.3.3 Promotion

2.3.4 Product

2.3.5 Product life cycle and product life cycle extension strategies

2.3.6 Product development and innovation

2.3.7 Boston Matrix

2.3.8 Branding

3. Human resource requirements for business and enterprise

3.1 Human resources

3.1.1 Methods of recruitment

3.1.2 Stages of recruitment

3.1.3 Type of employment contracts

3.2 Staff development and monitoring

3.2.1 Methods of staff development and monitoring

3.3 Motivation

3.3.1 Financial methods of motivation

3.3.2 Non-financial methods of motivation

3.3.3 Motivation theories

4. Operations management

4.1.1 Outsourcing

4.1.2 Lean production

4.1.3 Maintaining and improving quality

4.1.4 Production methods

4.1.5 Customer service

5. Business Growth

5.1          Business and Enterprise Growth

5.1.1      Internal Growth

5.1.2      External Growth

5.1.3      Efficiencies and Costs of Business and Enterprise

5.1.4      Challenges of Growth

6. Sources of enterprise funding and business finance

6.1.1      Funding types.

6.2          Financial terms, documents, and tools.

6.2.1      Financial terms and calculations.

6.2.2      Costs, liabilities, and assets.

6.2.3      Financial documents.

6.2.4      Ratio analysis.

6.2.5      Cash flow management.

7. The impact of the external environment on business and enterprise

7.1          The impact of the external environment

7.1.1      External influences

8. Business and enterprise planning

8.1 Business and enterprise planning

8.1.1 Purposes and benefits of planning

8.1.2 Sections of a business plan

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Key Stage Four Overview

A BTEC Level 1/Level 2 Tech Award in Enterprise at either Level 1 or Level 2, equivalent to 1 GCSE pass at 4-9 (Level 2) or 1-3 (Level 1). Business Studies will provide opportunities for you to develop skills, knowledge and understanding related to the Business world and a working life. It is an ideal course to study if you have an interest in how businesses work and/or are considering going on to a Business Studies course at college or into employment.

You will benefit from an assessment pattern, which requires hard work every lesson and doesn’t place all the emphasis on final exams.

Key Words

We aim to support students in their literacy across all curriculum subjects. We provide key word lists as a teaching and learning tool to support student understanding of the technical vocabulary needed to articulate their learning about a particular subject.

Business Studies Key Words

Staff

Ms M Perry BA (Hons) – Teacher Of Business

Mrs Janet Murray-Brown BEd (Hons) Assistant Head, DSL

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Links to Revision and Additional Study

For further information Visit the Pearson’s website at https://qualifications.pearson.com/en/qualifications/btec-tech-awards/enterprise.html