Business Studies
“Creating informed, discerning employees, consumers and future leaders”
Enabling all students to have the opportunity to experience some financial and enterprise education, whether that be through formal lessons, a PSHE program or extracurricular activities and events.
For those that select to study an academic course, to fully experience an insight into the breadth of knowledge, skills and capabilities a study of business provides, with the view to being able to use this information as a consumer, employee, employer, entrepreneur and citizen.
· Become informed, enquiring and discerning consumers, enabling them to understand their rights, make informed choices and avoid negative consequences
· Be prepared for the recruitment process, to understand rights and the underlying reasons for business decisions.
· Prepare students for the processes involved in setting up and running your own business, developing a full understanding of the risks and rewards.
· Learn valuable management and leadership skills, as well as aspects of business such as how a business is organised.
· Be able to make informed choices and understand the advantages and limitations of financial products, in order to better manage finances over a lifetime.
· Develop an understanding of the UK taxation system and the role of government and the public sector.
· Provide experience in topics relevant to the business world such as accounting and marketing.
· Develop skills such as leadership and teamwork
· Develop analytical and evaluation skills, enabling students to develop a range of skills that can be applied to other aspects of life.
Year 10
Introduction to Business
Calculating revenue & profit
Enterprise and entrepreneurship
Spotting a business opportunity - Customer needs, market research, market segmentation, competitive environment
Putting ideas into practice - aims & objectives, revenue & costs, breakeven, cash flow, sources of finance
Making a business effective - ownership, location, marketing mix, business plans
External influences - stakeholders, technology, legislation, Health & Safety, economic influences
Year 11
Business Growth
Globalisation
Ethics
Environmental factors
Marketing
Operations
Human Resources
Finance
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