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Business Year 9

Business Studies in Year 9 (Edexcel specification)

Students begin to study for their GCSE in Business Studies in Year 9. 

The GCSE for Year 9 students is a new challenge which students have not experienced before.  Business is all around us so students will already have come across many of the areas covered in the course. However this is an opportunity for students to begin to examine topics in greater detail.

We welcome all students into the Business area who are keen to find out more about the world around them as well as use creativity, intuition, enquiry and independent thinking.  This introduction is both challenging and engaging. The subject would be best suited to those students who enjoy solving problems and using their research skills. 

What is studied on the course?
Taster sessions:

During the taster sessions the students will have the opportunity to run their own businesses in school. They will learn the basics of their which will help when completing the GCSE course, and will experience running a business and how to make a profit.

All exams are taken at the end of Year 11 – this course is a linear course.

Unit 1

 

Overview

Theme 1 concentrates on the key business concepts, issues and skills involved in starting and running a small business. It provides a framework for students to explore core concepts through the lens of an entrepreneur setting up a business.

In this theme, students will be introduced to local and national business contexts and will develop an understanding of how these contexts impact business behaviour and decisions.

Local contexts refer specifically to small businesses or those operating in a single UK location and national contexts relate to businesses operating in more than one location or across the UK.

Students must develop an understanding of the interdependent nature of business activity through interactions between business operations, finance, marketing and human resources, as well as the relationship between the business and the environment in which it operates.

Students must understand how these interdependencies and relationships underpin business decisions. Teaching approaches to the content must reflect this.

Content
Theme 1 comprises five topic areas:
  • Topic 1.1 Enterprise and entrepreneurship – students are introduced to the dynamic nature of business in relation to how and why business ideas come about. They also explore the impact of risk and reward on business activity and the role of entrepreneurship.
  • Topic 1.2 Spotting a business opportunity – students will explore how new and small businesses identify opportunities through understanding customer needs and conducting market research. They will also focus on understanding the competition.
  • Topic 1.3 Putting a business idea into practice – this topic focuses on making a business idea happen through identifying aims and objectives and concentrating on the financial aspects.
  • Topic 1.4 Making the business effective – students will explore a range of factors that impact on the success of the business,  ncluding location, the marketing mix and the business plan.
  • Topic 1.5 Understanding external influences on business – students are introduced to a range of factors, many of which are outside of the immediate control of the business, such as stakeholders, technology, legislation and the economy. Students will explore how businesses respond to these influences.
Assessment information
  • First assessment: May/June 2019.
  • The assessment is 1 hour and 30 minutes.
  • The assessment is out of 90 marks.
  • Questions will relate to the content that appears in Theme 1 and students may draw on underpinning knowledge and understanding developed through Theme 2 as appropriate.
  • The paper is divided into three sections.
Section A: 35 marks
Section B: 30 marks
Section C: 25 marks
 
  • Students must answer all questions.
  • The paper will consist of calculations, multiple–choice, short–answer and extended–writing
  • questions.
  • The paper will include questions that target mathematics at a minimum of Key Stage 3
  • level.
  • Questions in Sections B and C will be based on business contexts given in the paper.
  • Calculators may be used in the examination.
Unit 2
 
Overview

Theme 2 examines how a business develops beyond the start-up phase. It focuses on the key business concepts, issues and decisions used to grow a business, with emphasis on aspects of marketing, operations, finance and human resources. Theme 2 also considers the impact of the wider world on the decisions a business makes as it grows.

In this theme, students will be introduced to national and global business contexts and will develop an understanding of how these contexts impact business behaviour and decisions.

National contexts build on those in Theme 1 and relate to businesses operating in more than one location or across the UK. Global contexts relate to non-UK or transnational businesses.

Students must develop an understanding of the interdependent nature of business activity through interactions between business operations, finance, marketing and human resources, as well as the relationship between the business and the environment in which it operates.

 

Students must understand how these functional areas influence business activity and how interdependencies and relationships between them underpin business decisions. Teaching approaches to the content must reflect this.

Theme 2: Building a business

Content

Theme 2 comprises five topic areas.

  • Topic 2.1 Growing the business – students are introduced to methods of growth and how and why business aims and objectives change as businesses evolve. The impact of globalisation and the ethical and environmental questions facing businesses are explored.
  • Topic 2.2 Making marketing decisions – students will explore how each element of the marketing mix is managed and used to inform and make business decisions in a competitive marketplace.
  • Topic 2.3 Making operational decisions – this topic focuses on meeting customer needs through the design, supply, quality and sales decisions a business makes.
  • Topic 2.4 Making financial decisions – students will explore the tools a business has to support financial decision making, including ratio analysis and the use and limitation of a range of financial information.
  • Topic 2.5 Making human resource decisions – growing a business means that decisions relating to organisational structure, recruitment, training and motivation need to be made to influence business activity. These aspects are considered in this final topic.
Assessment
  • First assessment: May/June 2019.
  • The assessment is 1 hour and 30 minutes.
  • The assessment is out of 90 marks.
  • Questions will relate to the content that appears in Theme 2 and students may draw on underpinning knowledge and understanding developed through Theme 1 as appropriate.
  • The paper is divided into three sections.
  • Section A: 35 marks
  • Section B: 30 marks
  • Section C: 25 marks

Students must answer all questions.

  • The paper will consist of calculations, multiple–choice, short–answer and extended–writing questions.
  • The paper will include questions that target mathematics at a minimum of Key Stage 3 level.
  • Questions in Sections B and C will be based on business contexts given in the paper.
  • Calculators may be used in the examination.





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