Business Studies

Year 9 Excitement

Term 1

  • The Entrepreneur. What is an entrepreneur and would you like to become one?
  • What skills do they need and how do they decide what business to run?
  • The students work towards creating a business plan

Term 2

  • What is the purpose of business and why do different types of businesses have different objectives?
  • Who are the stakeholders in business and what do all the stakeholders want from business?
  • What are the ethical constraints on business?
  • People and Business. How and why do businesses recruit employees?

Term 3

  • How do businesses motivate and train employees?
  • How are businesses organised and how do they communicate?

Year 10 Expertise

Term 1

  • Production. How are different things made?
  • How can production be made as efficient as possible?
  • How stock is managed. Just in time production
  • Logistics and procurement, the supply chain
  • Why is quality important?
  • Customer service, the benefits of good customer service

Term 2

  • Technology and E-commerce, digital communication
  • Ethical considerations and sustainability
  • Government legislation and business
  • The economic environment of the business
  • How does the rate of inflation, unemployment and growth impact businesses?
  • How is the interest rate and tax rates important to business?
  • Globalisation, advantages and disadvantages
  • How do UK businesses compete internationally?
  • Employment Law, Health and Safety law and Consumer Law

Term 3

  • Marketing
  • Identifying and understanding customers
  • How are markets segmented?
  • What is market research?
  • How is market research carried out?
  • Market research project

Year 11 Expertise

Term 1

  • What are the elements of the 4 Ps, the marketing mix?
  • Differentiating the product, creating a competitive advantage
  • Promotional methods
  • E and M-commerce, how are goods distributed in the modern world?
  • Finance
  • Sources of finance, which source of finance is appropriate for different business needs?
  • Short term needs and cash flow
  • The difference between cash and profit
  • Financial terms and break-even analysis

Term 2

  • Financial Statements
  • Calculating profitability, profit margins
  • Liquidity calculations, can the business pay its bills?
  • Return on capital employed, the prime ratio.
  • Average rate of return
  • Comparing the success of two businesses using financial statements

Term 3

  • Revision and exam practice