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Business

Business

Head Of Department: Mrs A Mohindru
Contact Details: atm@felsted.org

 


 

Why study Business?
The subject lends itself to a very contemporary approach to teaching and learning. Pupils are expected to keep abreast of the news and to develop an analytical approach to life from a commercial point of view. Lessons often contain recent affairs unfolding across the nation and across global markets. 

Requirements
You do not need to have studied Business at GCSE Level. However, we recommend a 5 at GCSE Maths and English. It is more important that you have a strong interest in business issues and want to learn how a business is organised, operates, plans and makes its decisions.

What do the pupils say?
“Business is the bridge to success.”
“It gives you a broader view of the world.”
“It’s really fun and will enhance my future prospects.”
“It gives you a greater understanding of the world of business.”

What career pathways are open to me if I study this subject?
Business provides pupils with the opportunities to develop important skills and relevant tools that will be helpful in many courses and for employment. The range of careers that follow studying this subject are so broad that they cannot be stated in a list but some of the obvious ones might be entrepreneurial ventures, Law, Accounting and Banking.
 

 

A Level

Exam Board: aqa www.aqa.org.uk
Syllabus Code: 7138


Focus 1: What is business, managing marketing and finance
1.1 Business and objectives
1.2 Forms of business and stakeholders
1.3 Marketing management
1.4 Financial management


Focus 2: Managing operations and people
2.1 Operations management
2.2 People management
2.3 Managing business culture (A-level)


Focus 3: Business and society, business and the external environment, and business strategy (A-level only)
3.1 Business and society
3.2 Business and the external environment
3.3 Strategy
3.4 Change

Expectations of independent study
Pupils will be required to produce one good quality essay or equivalent per week and keep folders organised and to independently review lesson materials. In addition to this we expect pupils to read newspapers and dip into relevant resources such as the Economist or Business Review magazines. They can also engage with the subject through tweeting relevant articles and responding to departmental tweets.

Assessment:

You will need to learn theory and apply this theory to real life scenarios. In addition you will have to show your ability to analyse the information that you have presented. To secure the highest marks you will also be required to evaluate the information that you provide.

Paper 1 33.3%
Focus 1
Two case studies. Each case study will be followed by five compulsory questions worth 45 marks in total


Paper 2 33.3%
Focus 2 The subject content in Focus 1 will underpin the context for Focus 2)
Two case studies. Each case study will be followed by five compulsory questions worth 45 marks in total

Paper 3 33.3%
Focus 3 The subject content in Focus 1 and Focus 2 will underpin the context for Focus 3)
Two case studies. Each case study will be followed by five compulsory questions worth 45 marks in total

It gives you a greater understanding of the world of business.

Tom, L6 pupil

 

Felsted teacher addressing business class in Felsted's boardroom.

 

BTEC 

Exam Board: Pearson 
Syllabus Code: Pearson BTEC Level 3 National Extended Certificate in Business (360 GLH) 601/7159/5


The course content and assessment methods are as follows: 

Unit 1: Exploring Business (90 GLH)
Mandatory Unit Internally assessed

In this unit you will: 
A Explore the features of different businesses and analyse what makes them successful 
B Investigate how businesses are organised 
C Examine the environment in which businesses operate 
D Examine business markets 
E Investigate the role and contribution of innovation and enterprise to business success.

Assessment: 
A report that examines the features of two contrasting businesses, looking at how each is organised, how their structures enable achievement of their aims and objectives and the relationship and communication with stakeholders.

A report that examines the effects of the internal and external environment on a large business and how the business has, and will, respond to changes.

A presentation that investigates the use of enterprise and innovation in an existing business.


Unit 2: Developing a Marketing Campaign (90 GLH)
Mandatory Unit Externally assessed 

In this unit you will:
Demonstrate knowledge and understanding of marketing principles, concepts, processes, key terms, data sources and definitions 

Analyse marketing information and data, demonstrating the ability to interpret the potential impact and influence on marketing campaigns 

Evaluate evidence to make informed judgements about how a marketing campaign should be planned, developed and adapted in light of changing circumstances 

Be able to develop a marketing campaign with appropriate justification, synthesising ideas and evidence from several sources to support arguments

Assessment:
A task set and marked by Pearson and completed under supervised conditions. 

The Part A Research Pack is released to learners under low control conditions in the afternoon on the day before the Part B assessment, which will be sat in the following morning session. 

Learners have access to Part A for a 2 hour preparation period with the Part B assessment being a 3 hour supervised session. 

Submission completed using a computer. 
70 marks


Unit 3: Personal & Business Finance (120 GLH)
Mandatory Unit External examination

In this unit you will:
Demonstrate knowledge and understanding of business and personal finance principles, concepts, key terms, functions and theories. 

Apply knowledge and understanding of financial issues and accounting processes to real-life business and personal scenarios 

Analyse business and personal financial information and data, demonstrating the ability to interpret the potential impact and outcome in context 

Evaluate how financial information and data can be used, and interrelate, in order to justify conclusions related to business and personal finance 

Assessment: 
Written examination set by Pearson. 
• 2 hours. 
• 80 marks


Unit 27: Work Experience in Business (60GLH)
Practical Work Experience & Internally assessed Portfolio

In this unit you will: 
A Investigate opportunities for work-related learning 
B Carry out work experience in an appropriate and safe manner 
C Reflect on work experience undertaken and its influence on personal and professional development.

Assessment:
A resource portfolio including details of research into a placement. 

A diary/journal/log/online blog and portfolio. This will cover tasks done and refer to health and safety.

Reflection for a personal/professional development portfolio (PDP).
 

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