GCSE Business Studies
This course is equal to 1 GCSE. It is a brand new subject and will cover topics not covered in key stage 3. It is suitable for pupils with excellent written English skills. There will be 2 Exams and 1 piece of Controlled Assessment.
Unit 1 Exam – Setting up a Business – this covers 40% of your marks.
Unit 2 Exam – Growing as a Business – this covers 35% of your marks.
The topics you will cover are:
Starting a Business:
- Starting a business enterprise
- Setting business aims and objectives
- Business planning
- Choosing the appropriate legal structure for the business
- Choosing the location of the business
- Expanding a business
Finance
- Finance and support for a small business
- Financial terms and simple calculations
- Using cash flow
- Finance for large businesses
- Profit and loss accounts and balance sheets
Marketing
- Conducting market research and limited budgets
- Using the Marketing Mix – Product
- Using the Marketing Mix - Price
- Using the Marketing Mix – Promotion
- Using the Marketing Mix – Place
People in Business
- Recruiting
- Motivating staff
- Protecting staff through understanding legislation
- Organising organisational charts and management hierarchies
- Recruitment and retention of staff
Operations Management
- Production methods for manufacturing and providing a service
- Customer service
- Production methods for growing businesses
- Recognising challenges of growth
- Maintaining quality assurance in growing businesses
The Business Organisation
- Expanding a business
- Choosing the right legal structure for the business
- Changing the business aims and objectives
- Choosing the best location.
Unit 3 – Controlled Assessment – Investigative a Business- this covers 35% of your marks.
This will involve you investigating an existing company and preparing reports on your findings.