Business
Key Stage 4 Overview
The GCSE Business course will develop your knowledge and understanding of the business world. We investigate the skills needed to run your own business such as managing money, marketing and employing staff. During Year 10 we explore how small businesses are set up, organised and run. In Year 11, you will learn how large companies operate and how they compete on a global scale.
As a young person, having an understanding of business both as a customer and an employee can help you make informed choices about financial decisions in the future.
Year 10
- Dynamic nature of business
- Risk and reward
- Business enterprise
- Customer needs
- Market research
- Market segmentation
- Competition
- Aims and objectives
- Revenue, cost and profit
- Cash-flow
- Sources of finance
- Starting a small business
- Business location
- The marketing mix
- Business planning
- Stakeholders
- Technology and business
- Legislation and business
- The economy and business
- External influences on business
Year 11
- Business growth
- Changing aims and objectives
- Globalisation
- Ethics and the environment
- Making marketing decisions
- Business operations
- Working with suppliers
- Managing quality
- The sales process
- Business calculations
- Understanding business performance
- Organisational structures
- Effective recruitment
- Effective training and development
- Motivation