Business pupils are encouraged to think creatively to come up with theories and ideas, to problem solve, demonstrate an entrepreneurial flair and be enterprising in their approach. The subject aims to prepare pupils for the highly competitive world of work allowing them to develop the skills required to be successful after compulsory education. It aims to enable pupils to cultivate an understanding of the business world and equip them with an academic understanding of business studies in order to apply it to real life business situations. Teachers of business aim to teach inspiring and engaging lessons, creating memorable learning opportunities and enabling our pupils to gain an excellent understanding of Business and how it is relevant to everyday life.
Programme of Study:
The Pearson Edexcel GCSE in Business consists of two externally examined papers both to be sat at the end of year 11. Each of these papers are 1 hour and 30 minutes in length and are 90 marks each.
By the end of the GCSE Business course learners will be required to demonstrate knowledge and understanding of:
o The dynamic nature of business, including motivations for social enterprise
o Local, national and international contexts
o The integrated nature of business problems and solutions
o Apply a critical perspective to the theory and current practice of business
o Evaluate quantitative and qualitative evidence to make reasoned judgements
o Develop a conceptual framework of business within society
Theme 1: Investigating small business
Theme 1 concentrates on the key business concepts, issues and skills involved in starting and running a small business. It provides a framework for students to explore core concepts through the lens of an entrepreneur setting up a business. In this theme, students will be introduced to local and national business contexts and will develop an understanding of how these contexts impact business behaviour and decisions. Students must develop an understanding of the interdependent nature of business activity through interactions between business operations, finance, marketing and human resources, as well as the relationship between the business and the environment in which it operates. Students must understand how these interdependencies and relationships underpin business decisions.
Theme 2: Building a Business
Theme 2 examines how a business develops beyond the start-up phase. It focuses on the key business concepts, issues and decisions used to grow a business, with emphasis on aspects of marketing, operations, finance and human resources. Theme 2 also considers the impact of the wider world on the decisions a business makes as it grows. In this theme, students will be introduced to national and global business contexts and will develop an understanding of how these contexts impact business behaviour and decisions. National contexts build on those in Theme 1 and relate to businesses operating in more than one location or across the UK. Global contexts relate to non-UK or international businesses.