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Business Studies

Business Studies (VCERT Level 1/2 Business and Enterprise Specification)

This qualification is designed for learners who want an introduction to business and enterprise that includes a vocational and hands-on element. It has been developed to enthuse and inspire learners about a career in business and enterprise. The qualification will appeal to learners who wish to either set up their own business, move into employment, or progress on to further study.

This qualification aims to:

  • Develop an excellent understanding of business and enterprise
  • Develop a significant knowledge of how business enterprises are set up and run
  • Provide academic and study skills that will support progression within business and enterprise and more broadly.

The objectives of this qualification are to help learners to:

  • add breadth to their knowledge and understanding of business as part of their career progression and development plans.
  • progress onto a level 3 qualification, an apprenticeship or set up their own enterprise.

The big difference between GCSE and VCERT Business is that within the VCERT you have the opportunity to set up and run your own business. This qualification allows students to gain part of their grade by coming up with business ideas and going through the process of running a small business enterprise experiencing the risks and rewards of becoming an entrepreneur.

Throughout the delivery of this qualification, the following core areas and transferable skills should be evident:

  • team working – the qualification requires learners to work with others either on small tasks or during the final project task
  • presentation skills – learners will learn to present their work to those around them in a suitable way and will also learn the most appropriate way of communicating as an entrepreneur
  • use of initiative – students will learn what initiative is and why it is important for an entrepreneur or business person
  • working independently – learners will understand how to work independently

Y9 – Students learn the basics of business studies including a key understanding of Setting up a business, enterpreneurs and enterprise, Ownership Types, Business Aims and Objectives, Stakeholders, Location as well as Business Planning.

Y10 – Students will sit their Unit 2 – Marketing for business exam and then will create a business plan and run their business project in the summer term of this year as part of their Unit 4 coursework.

Y11 – Students complete the final coursework element – Unit 3 – Finance for Business and Enterprise

Contact the staff


Miss J Liddiard
Leader of Business Studies


Mrs H Forrester
SLT
Teacher of Business


  • Economics (AQA GCSE Specification)

    Economics

    Economics is a subject that is relevant to everything that happens in the modern world. From the recession to the current European Brexit debate, economics investigates the reasons for changes in different economies and the role that the government plays in influencing economic progress. Students of economics will understand how markets work and fail and the consequences of economic policies. The subject content looks at economic activity through the lens of consumers, producers, government and the workings of the global economy. As students go through the course they’re presented with opportunities to focus on real-world issues. Students should consider and reflect upon moral, ethical and sustainable issues that arise as a result of the impact of economic activity.

    This course is assessed by two external examinations:

    • Paper 1: How Markets Work (Micro)
    • Paper 2: How the Economy Works (Macro)

    Both papers are written examinations and are 1 hour 45 minutes in length. These are equally weighted and are worth 50% of the GCSE each.

    What will I study on this course?

    Year 9/10 Micro Economics:

    • Economic Activity – satisfying needs and wants of consumers, making choices between what and how to produce
    • Factors of Production – what all firms need to produce – land, labour capital and enterprise.
    • Supply and Demand – how markets work and how demand and supply will impact on prices. Why are diamonds more expensive than water?
    • Different types of market, both competitive and non-competitive.
    • Labour Markets – wage determination, why are footballers paid more than nurses?

    Year 10/11 Macro Economics:

    • Interest rates, savings and borrowing • Government decisions and how the government manages the country
    • Unemployment and growth
    • Inflation
    • International markets – will we be better off out of the EU?

  • A Level Business Studies [Edexcel Specification]

    A Level
    Fancy yourself at the head of a successful business? Got some great ideas for new products or services? Or maybe you want to work for a large company by working in marketing or management. No matter what your vision, the business studies A Level course gives you an incredibly powerful start to launch you on to becoming a business person. All the key topics of starting and running a business are covered. Armed with this knowledge, maybe you could be giving Richard Branson a run for his money in a few years’ time. Of course not everybody wants a global corporation. A lot of people prefer small businesses offering individual service or set up their own business, working for themselves. Whether you’re selling homemade candles or starting your own e-company, you still need to know about business. Like how to get your products to market. How to price them. How to promote them. And how to get paid. It’s all here.

    Students will develop an understanding of:

      Theme 1: Marketing and people
    • meeting customer needs
    • the market
    • marketing mix and strategy
    • managing people
    • entrepreneurs and leaders


    • Theme 2: Managing business activities
    • raising finance
    • financial planning
    • managing finance
    • resource management
    • external influences


    • Theme 3: Business decisions and strategy
    • business objectives and strategy
    • business growth
    • decision-making techniques
    • influences on business decisions


    • Theme 4: Global Business
    • globalisation
    • global markets and business expansion
    • global marketing
    • global industries and companies (multinational corporations).


    Year 1 – Theme 1 and Theme 4
    Year 2 – Theme 2 and Theme 3, Unit 3 – Pre-Release Case Study


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