This subject is not taught at KS3.
Did you ever wonder how you go about starting your own business or the secret behind companies like Apple’s continued success? If so, then business may be the subject for you. The course covers a whole range of areas from business in the real world, how to successfully promote a business, finance and accountancy, the psychology and ways of managing workers, along with the issues and decisions involved in running a huge global corporation.
For more information about each key stage, please click on each of the sections below.
Key Stage 4 (Years 10, 11)
Year 10: Section 1, 2, 4 and 6. This introduces students to starting up a business starting with looking at the real world in business. Business is dynamic so we need to appreciate how much it changes due to new technology and laws. We explore what influences a successful business and how we manage people in the business, from recruitment to motivation in the workplace. This will involve learning about how businesses focus on expansion and profitability in the real world and how businesses will finance these changes by investing and borrowing money to expand.Year 11: Section 3 and 5. These two sections explore how we manage our supply chain and focus on operating at a good capacity and how we target our potential market and a clear insight into the marketing mix of a company. This involves choosing the best suppliers, deciding what type of production technique to invest in, how well we manage quality, how do we reach out to the correct target audience and the possible ways we can distribute our products making sure customers are aware of the brand.
The A level business course aims to provide you with an understanding of the key functional areas required to lead a business or manage specific areas. This includes the legalities of starting your own business, introduction of accounting, leadership and management of workers, marketing techniques, managing production, and how to make correct strategic decisions for large multinationals and making sure that businesses can adapt to change with ease.
For more information about this subject at KS5, please click here to view the relevant subject leaflet at the bottom of the page.