Business Studies

Business GCSE will require students to understand more about the business world.  It will develop students into commercially minded and enterprising individuals who think critically, drawing on business information and evidence to develop arguments and made justified decisions.

Module Year 9
1 The purpose and nature of businesses
2 External factors - PESTLE analysis
3 Business ownership
4 Setting aims and objectives
5 Stakeholders
6 Business location/business planning

GCSE business requires students to apply their knowledge and understanding to business decision making. 

The course covers the following contexts:

  • Business activity
  • Influences on business
  • Business operations
  • Finance
  • Marketing
  • Human Resources

The course requires students to use business terminology, apply business concepts, develop problem solving and decision making skills relevant to business, investigate, analyse and evaluate business opportunities, make justified decisions using both qualitative and quantitative data.

There are certain mathematical techniques appropriate to this course.  These include:

  • Percentages and percentage changes
  • Averages
  • Revenue, costs and profit
  • Gross profit margin and net profit margin ratios
  • Average rate of return
  • Cash-flow forecasts, including total costs, total revenue and net cash flow

The use of quantitative data in business contexts to support, inform and justify business decisions include:

  • Information from graphs and charts
  • Profitability ratios (gross profit margin and net profit margin)
  • Financial data, including profit and loss, average rate of return and cash-flow forecasts
  • Marketing data, including market research data
Market data, including market share, changes in costs and changes in prices.

Assessment:

Candidates are continually assessed throughout the course, with final assessments and moderation being carried out at the end of Year 11

 

Wellington Street
Slough Berkshire
SL1 1YG
Tel: 01753 537594
Fax: 01753 526485 office@dittonparkacademy.co.uk
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