Business

Our intent in Business is to develop our students’ interest and confidence in exploring how different business situations affect decision-making. Students will develop their understanding of business concepts and terminology, and the impact of contemporary issues on business operations.

Business is a dynamic commercial landscape. We offer our students the opportunity to acquire knowledge of the real world and analyse and evaluate the impact of business decisions on an individual, company and global level.

Students will gain an in-depth understanding of how and why businesses operate through the internal functions of Finance, Marketing, HR and Operations and how they adapt to and interact with the external influences of the economy. environment and ethics.

Year 9

Year 9 Business will give students a foundation in business concepts and develop their exam, research, presentation and analytical skills.

Throughout the year we will give students the opportunity to link lessons with the broader world and current events.

Autumn Term 1

Introduction to Business
Students will be introduced to the critical terms of Business and start to understand the various concepts.
Assessment Practice
Multiple choice questions

Autumn Term 2

Ice cream challenge
Students will develop their understanding of marketing. They will be given the opportunity to work in groups and develop a marketing mix for a brand-new ice cream.
Assessment
Presentation

Spring Term 1

Build a Business Plan
By designing their very own business plan, students will learn how to set up a business and raise and manage their finances, they will create their business plan and develop key chains of reasoning.
Small Business Report

Spring Term 2

The Festival Challenge
Did you know 40,000 tents are left every year at festivals? Students will design their own Festival Event, apply their gained business knowledge and understanding, and apply this to their festivals, whilst providing a solution to the question.
Assessment through presentation and posters

Summer Term

Business Activity
Students will formally begin the Edexcel GCSE course starting with Unit 1: Enterprise and Entrepreneurship.
Assessment
End of Year 9 Exam: Multichoice questions and case study data response

Year 10

Building on the knowledge and skills gained throughout year 9, students will study the following units as per the Edexcel GCSE Exam Board specification. This will include direct links to their projects, based on acquired and gained knowledge through taught lessons, and a focus on Exam Practice and Application.

https://qualifications.pearson.com/en/qualifications/edexcel-gcses/business-2017.html

Autumn Term 1

1.1 Enterprise and Entrepreneurship

1.1.1 The Dynamic Nature of Business

1.1.2 Risk and Reward

1.1.3 The Role of Business Enterprise

1.2 Spotting a Business Opportunity

1.2.1 Customer Needs

1.2.2 Market Research

1.2.3 Market Segmentation

1.2.4 The Competitive Environment

Autumn Term 2

1.3 Putting a business idea into practice

1.3.1 Business Aims and Objectives

1.3.2 Business Revenues, Costs and Profits

1.3.3 Cash and Cash Flow

1.3.4 Sources of Finance

Spring Term 1

1.4 Making the Business Effective

1.4.1 The Options for start-up and Small Businesses

1.4.2 Business Location

1.4.3 The Marketing Mix

1.4.4 Business Plans

1.5 External Influence on Business

1.5.1 Business Stakeholders

1.5.2 Technology and Business

1.5.3 Legislation and Business

1.5.4 The Economy and Business

1.5.5 External Influences

Summer Term

Year 10 exam

Building Business Plans – Prize Draw (Group Project) – A complete Business Plan and Presentation assessed

Exam Practice – Some links and introduction to Theme 2/Theme 1 Revision

Year 11

In Year 11, students will focus on growing a business. They will continually develop and build their knowledge of theme 1, and apply this to theme 2. Exam Practice will be a focal point, across Year 11 – focusing on extended marked questions, and application.

https://qualifications.pearson.com/en/qualifications/edexcel-gcses/business-2017.html

Theme 2 comprises five topic areas.

Operations – J204/02

Finance – J204/02

– role of finance function
– sources of finance
– revenue, costs, profit and loss
– break even
– cash and cash flow

Influences on Business – J204/02

– ethical and environmental considerations
– the economic climate
– gloabalisation

The Interdependent Nature of Business – J204/02

Enrichment/Extracurricular

Throughout the year students will be asked to discuss current business news. . Students will also be given documentaries and podcasts to listen to. Below are some examples of fantastic documentaries that will help students develop their Business knowledge