Business
Studies helps pupils to engage in the study of business and economics to
develop as effective and independent pupils who can act as critical and
reflective thinkers with inquiring minds.
They will be able to distinguish between facts and opinion and build
arguments and make informed judgements.
The course will develop their knowledge and understanding of
contemporary issues in a range of local, national and global context and they
will begin to appreciate the range of perspectives of different stakeholders in
relation to the business and economic activities. They will also learn to consider the extent to which
business and economic activity can be ethical and sustainable.
Key Stage Four
Business
and Economics (Edexcel)
The main
theme of the Business unit is the start up of a new business and the use of
enterprise and creative thinking to spot new business opportunities, thus
leading to the creation of business plans with aims and financial estimations. They will explore the marketing of a
new product or service to understand how this will attract new customers and
maintain their loyalty. They will
also understand the impact of the economic climate of the small business
survival.
The themes
that run through the Economics unit are learning to think like an economist,
appreciating that price allows buyers and sellers in the market to make
decisions, but these decisions have a trade off and may produce externalities. They will learn about exchange rates,
inflation, unemployment and global shocks and how this affects the growth of
the economy our standards of living, equality and international trade.
The Sixth Form
In the
Sixth Form, the School teaches the Applied GCE Business (Double Award). This
gives the following opportunities:
You will explore the aims and objectives of a business, the needs of customers and how
these are met through the marketing mix.
You will investigate how businesses deal with competition.
You will study the roles and responsibilities of people in business ad the qualities an
employer looks for in its employees.
They will also look at the importance of training and development.
You will be
assessed on your ability to calculate business costs, revenues and hence
profits and be required to know how managers use this information in
decision-making. You will have to
understand how to plan financially and how to draw up cash flow forecasts.
You will
have to understand how businesses effect customer satisfaction and the decision
businesses need to make on the quality of their goods and the level of
after-sales services.
You will
investigate and use a range of business communication and information systems
in order to plan their wok and administrative tasks for a business; you will
plan your work appropriately to meet business deadlines.
You will
look at the opportunities available to you as a job seeker and the types of
jobs which are likely to suit your personal skills profile and the skills and
knowledge you have acquired from your studies to date.
You will
produce a structured business plan for a new product or service that could be
presented to an external lender.
You will
investigate how businesses combine promotional activities into a promotional
mix that will be successful at completing the businesses aims.
You will
investigate how the marketing environment helps to determine the marketing
strategies of profit and non-profit businesses.
You will
look at the different types of management styles and how they impact upon the
way in which a business operates and the impact on the staff who work for it.
You will
look at the practical steps a business has to make to respond to the changes
which they face.
You will
understand the fundamental accounting concepts and terminology adn give you an
overview of bookkeeping.
Outside of the
Classroom
We aim to
make visits to different business locations in order to help support the units
as required, particularly those assessed by coursework. In the past we have visited Wimbledon
Lawn Tennis Museum, Thorpe Park and The Tower of London. We also have outside speakers to come
into lessons to maintain our business links and to support the applied nature
of the course. Mr Tom Flynn from
Business Solutions comes in once a week to mentor and offer guidance to our
students with their course.