Business Studies

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Chauncey Dragons - "Dragons Apprentice"
March 01, 2013
By Mrs T Robson
Back in September 2012, a team of Sixth Form students entered the ‘Dragons Apprentice’ competition and formed the Chauncey Dragons, where they had to turn a £100 into as much money as possible. Read More

Year 10 & 11

Taught in mixed ability groups

Exam Board and Syllabus number: Edexcel 2BS01

Assessment Information

Unit 1 – 25% multiple choice exam taken
Unit 2 – 25% Controlled Assessment completed in year 11
Unit 3 – 50% Long answer questions

Main topics covered

  • Spotting a business opportunity – businesses, understanding customer needs, market mapping, competition, adding value, franchising.
  • Showing enterprise - what is enterprise?, thinking creatively, what questions do entrepreneurs ask?, invention and innovation, taking a calculated risk, other important enterprise skills.
  • Putting a business idea into practice - objectives when starting up, the qualities shown by entrepreneurs, estimating revenues, costs and profits, forecasting cash flows, obtaining finance.
  • Making the start up effective - customer focus, the marketing mix, the importance of limited liability, start-up legal and tax issues, effective on-time delivery and customer satisfaction, recruiting, training and motivating staff.
  • Understanding the economic context - Market demand and supply, impact of changes in interest rates on small business, Impact of changes in exchange, How do business cycles affect small businesses? What effect do business decisions have on stakeholders.
  • Marketing – market research, customer loyalty, product life cycle, boston matrix, branding, Marketing mix.
  • Meeting customer needs – how to design and differentiate products?, stock control, quality, competitiveness, customer service, consumer legislation.
  • Effective financial management – how to improve cash flow, how to improve profit, breakeven, business growth.
  • Effective people management – organisational structures, employee motivation.

Textbook

Year 10 – Unit 1 - Edexcel Business for GCSE: Introduction to Small Business, 2nd Edition - Ian Marcouse
ISBN: 9780340983461

Year 11 – Unit 3 - Edexcel Business for GCSE: Building a Business, 2nd Edition Ian Marcouse
ISBN: 9780340985823

Recommended Revision Guide – which relates to Syllabus and covers all 3 units.
Edexcel GCSE Business Studies Revision Guide -Neil Denby
ISBN: 9781444107777

Year 12 & 13

Exam Board and Syllabus number: AQA 2130

Assessment Information

Unit 1 - Planning and Financing a Business
Written paper: 1 hour 15 minutes
40% of total AS marks
20% of total A Level marks
60 marks

Unit 2 - Managing a Business
Written paper: 1 hour 30 minutes
60% of total AS marks
30% of total A Level marks
80 marks

Unit 3 - Strategies for Success
Written paper 1 hour 45 minutes
25% of A Level
80 marks

Unit 4 – The Business Environment and Managing Change
Written paper 1 hour 45 minutes
25% of A Level
80 marks

Main topics covered

  • Starting a Business – the challenges and issues of starting a business; enterprise; entrepreneurs business planning, market research, locating a business.
  • Financial Planning – essential financial concepts needed to start a business including: calculating costs, revenues profits; using breakeven analysis and cash flow forecasting.
  • Functional Objectives and Strategies - examining their appropriateness in the context of corporate objectives.
  • Financial Strategies and Accounts - making investment information, measuring performance, financial decisions.
  • Marketing Strategies - analysing markets, and selecting successful marketing strategies, developing marketing plans.
  • Operations Strategies - operational issues, location, innovation, improving operational efficiency.
  • Human Resource Strategies - workforce planning, adapting organisational structures, successful employee relations.
  • Corporate Aims and Objectives - purpose and nature of corporate strategies, stakeholder perspectives.
  • Assessing Change in the Business Environment - the effects of changes in the economic, political, social, ethical and technological environment and responses of organisations.
  • Managing Change - planning for change, leadership and corporate culture, making strategic decisions, decision making.

Textbook

AQA Business Studies for AS, 2nd Edition
AQA Business Studies for A2

Staff

  • Mrs. T. Robson (Subject Leader)

Facilities

Presently, we are based in G49 where there are 22 computers which we use for research, written work and presentations.