Business & Enterprise

The Business and Enterprise team is a faculty which includes at KS4 and KS5 Business Studies and Economics.


Our Aim

Business & Enterprise teachers engage students by using the real world to bring learning to life so students can relate to familiar and current contexts.  We like to use a variety of tasks including technology that meet the individual learning styles through differentiation to challenge students, most important it is the relationships we forge that is of mutual benefit.

Key Stage 4

Year 9

GCSE Business Studies – Starting in 2016 for Year 9  Business (8132)

In this course, students develop their understanding of Business Studies.  This is part of a three year course. There are six main units of study (listed below) which are examined in two papers in Year 11.   We are currently following the AQA specification.

  1. Business in the Real World
  2. Influences on businesses
  3. Business Operations
  4. Human Resources
  5. Marketing
  6. Finance

Assessment

The course is assessed with the two written terminal exam papers

Paper 1  

Influences of operations and HRM on Business Activity. This paper examines:

  • Business in the real world
  • Influences on Business
  • Business Operations
  • Human Resources

The paper has 90 marks and is worth 50% of the final GCSE mark.  The paper is a written paper and is 1 hour and 45 minutes in duration.
Style of questions: Section A has multiple choice questions and short answer questions worth 20 marks.
• Section B has one case study/data response stimuli with questions worth approximately 34
marks.
• Section C has one case study/data response stimuli with questions worth approximately 36
marks.


Paper 2  

Influences of marketing and finance on Business Activity. This paper examines:

  • Business in the real world
  • Influences on Business
  • Marketing
  • Finance

The paper has 90 marks and is worth 50% of the final GCSE mark.  The paper is a written paper and is 1 hour and 45 minutes in duration.
Style of questions: Section A has multiple choice questions and short answer questions worth 20 marks.
• Section B has one case study/data response stimuli with questions worth approximately 34
marks.
• Section C has one case study/data response stimuli with questions worth approximately 36
marks.


Resources:
All students are provided with the a textbook – AQA GCSE Business Studies Published by Nelson Thornes ISBN: 978-1408504352.  We are waiting for specific resources to be published for this course.

TermTopics
Year 9
Autumn Term 1a, 1b and Spring Term 2a
Businesses in the Real World
The purpose of business activity, the role of business enterprise and entrepreneurship, and the dynamic nature of business. Specifically students will examine:

Purpose of Business
Basic functions and types of Business
Enterprise and entrepreneurship
Dynamic nature of business
Business ownership e.g sole traders, Ltds, Plcs
Aims and Objectives
Stakeholders
Location
Business Planning
Expanding the Business
Year 9
Spring Term 2b
Influences on Business
The importance of external influences on business and how businesses change in response to these influences. Specifically students will examine:

Technology
Ethical and Environmental considerations
The economic climate
Globalisation
Legislation
Competitive environment
Year 10
Spring Term 2a and 2b
Business Operations
Students should understand what business operations involve, their role within the production of goods and the provision of services, and how they influence business activity. Specifically students will examine:

Production Process
The role of Procurement e.g. JIT, supplier factors and logistics
The concept of quality
Good customer service
Year 10
Summer Term 3a and 3b
Human Resources
Students should understand the purpose of human resources, its role within business and how it influences business activity. Specifically students will examine:

Organisational structure
Recruitment and selection of employees
Motivating employees
Training
Year 10
Autumn Term 1a and 1b
Marketing
Students should understand the purpose of marketing, its role with business and how it influences business activity. Specifically students will examine:

Identifying and understanding customer
Segmentation
The elements of the marketing mix
The purpose and methods of market research
Year 11
Autumn Term 1a and 1b
Finance
Students should understand the purpose of the finance function, its role with business and how it influences business activity. Specifically students will examine:

Sources of finance
Cash Flow
Financial terms and calculations
Analysing the financial position

Keep the existing GCSE Business as being taught to Year 10 and Yr 11 – Ive just switched some information as highlighted, so now correct.


Year 10

TermTopics
Autumn Term 1aOperations
Students are introduced to the final topic of unit 1 in which they will understand production methods for manufacturing and service based businesses, customer service, impact of ICT, quality assurance
Autumn Term 1bUnit 1
Students will recap their learning from the last year and develop their understanding of the external examination. Students will develop their understanding of revision technique and will concentrate on extending their answers with a particular focus on developing their analysis and evaluative skills.
Spring Term 2aGrowing a business
Students are introduced to this first topic of the unit two exam. Students will explore the changes in the aims and objectives of the business, changes in stakeholder interests, methods of growth and integration.
Spring Term 2bMarketing
Understanding the changes to the marketing mix – Price, Product, Promotion and Place.
Summer Term 3aPeople
Students will explore how larger businesses recruitment methods differ from a small business. Students will also explore motivation and appraisal of staff and different organisational structures.
Summer Term 3bSummer Project


Year 11

TermTopics
Autumn Term 1aFinance
Students will develop their knowledge of finance, exploring the different sources of finance available to larger businesses. Students will also understand and interrupt the Balance Sheet and the Profit and Loss accounts
Autumn Term 1bFinance
Students will develop their knowledge of finance, exploring the different sources of finance available to larger businesses. Students will also understand and interrupt the Balance Sheet and the Profit and Loss accounts
Spring Term 2aFinance
Students will develop their knowledge of finance, exploring the different sources of finance available to larger businesses. Students will also understand and interrupt the Balance Sheet and the Profit and Loss accounts
Spring Term 2bUnit 2
Students will recap their learning from the last year and develop their understanding of the external examination. Students will develop their understanding of revision technique and will concentrate on extending their answers with a particular focus on developing their analysis and evaluative skills
Summer Term 3aRevision and Exam Preparation

Key Stage 5 - A-Level

A-level Business Studies

Course Description and Content:

This course started in 2015 during the two years of study students develop their understanding of Business.  Students will study ten units which are examined in three papers.

In Year 1 students will study 6 units and 4 units in Year 2,

TermTopics
Autumn Term
Year 1
What is Business (3.1)

This is an introductory unit, learners study the purposes of different businesses, Specifically students will examine:

The nature and purpose of business
Different business forms
Understanding business operate within an external environment
Autumn Term
Year 1
Managers, Leadership and decision making (3.2)

Specifically students will examine:

Understanding management, leadership and decision making,
Understanding management decision making
Understanding the importance of stakeholders
Autumn Term and Spring term
Year 1
Decision making to improve marketing performance (3.3)

Specifically students will examine:

Setting marketing objectives
Understanding markets and customers
Making marketing decisions: segmentation, targeting and positioning
Making marketing decisions: using the marketing mix
Autumn Term and Spring term
Year 1
Decision making to improve operational performance (3.4)

Specifically students will examine:

Setting operational performance
Analysing operational performance
Increasing efficiency and productivity
Managing inventory and supply chains
Summer term
Year 1
Decision making to improve financial performance (3.5)

Specifically students will examine:

Setting financial objectives
Analysing financial performance
Sources of finance
Cash flow and profits
Summer term
Year 1
Decision making to improve human resources performance (3.6)

Specifically students will examine:

Setting and analysing human resource performance
Making HR decisions : improving organisational decision and managing the human resource flow
Making HR decisions : improving motivation and engagement
Making HR decisions : improving employer-employee relations
Autumn Term
Year 2
Analysing the strategic position of a business (3.8)

Specifically students will examine:

Mission, corporate objectives and strategy
Analysing the existing internal position of a business including
ratio analysis, overall performance
political and legal change
economic change
social and technological changes
the competitive environment
analysing strategic options – investment appraisal
Autumn Term
Year 2
Choosing strategic direction (3.8)

Specifically students will examine:

Strategic direction – choosing which markets to compete in and what products to offer
Strategic position: choosing how to compete
Spring term
Year 2
Strategic Methods (3.9)

Specifically students will examine:

Assessing a change in scale
Assessing Innovation
Assessing Internationalisation
Assessing greater use of digital technology
Spring term
Year 2
Managing strategic change (3.10)

Specifically students will examine:

Managing change
Managing organisational culture
Managing strategic implementation
Problems with strategy and why strategies fail

Assessment:
Students will complete three external exams at the end of Year 13. Content from all ten units can be examined in all of the three papers.

Paper 1: Written Exam, 2 hours in duration, 100 marks in total, worth 33.3% of the final A level mark. It contains a mixture of multiple choice, structured questions and longer essay questions.

Paper 2: Written Exam, 2 hours in duration, 100 marks in total, worth 33.3% of the final A level mark. The paper has three data response compulsory questions worth approximately 33 marks each and made up of three or four part questions.

Paper 3: Written Exam, 2 hours in duration, 100 marks in total, worth 33.3% of the final A level mark. The paper has one compulsory case study followed by approximately six questions.

All students will receive talks and participate educational visits including visits to BMW and John Lewis.

Resources for A-level Business Studies

Key Stage 5 - BTEC

BTEC Business – National  Diploma

In this course, students develop their understanding of Business.  This is a two year course in which students will study eight units.  All students must study six core units and two optional units.

Diploma

Total 8 units (6 Mandatory Units plus two optional Units)

TermTopics
Autumn Term and Spring Term
Year 1
Exploring Business (Unit 1)

This is an introductory unit, learners study the purposes of different businesses, their structure, the effect of the external environment, and how they need to be dynamic and innovative to survive.
Autumn Term and Spring Term
Year 1
Managing an Event (Unit 4)

Students will work as part of a small group to plan, co-ordinate and manage a business or social enterprise event and evaluate the skills gained. Specifically students will examine:
Students facilitate a real event for a hands on experience
Autumn Term and Spring Term
Year 1
Team Building in Business (Unit 9)

Learners will study the dynamics of team building, examine the underpinning theory and participate in team activities.

A six week work experience supports this unit
Spring term 2b, Summer term Year 1 & Autumn Term Year 2Developing a Marketing Campaign (Unit 2)

Learners study and gain skills to understand how a marketing campaign is developed.
Summer Term Year 1
Autumn and Spring Term Year 2
Personal and Business Finance (Unit 3)

Learners study the purpose and importance of personal and business finance. They will develop the skills and knowledge needed to understand, analyse and prepare financial information.
Spring & Summer Term Year 2
International Business (Unit 5)

Learners study how UK businesses develop strategies to trade globally. Learners will also consider the factors that influence the implementation of these strategies.
Autumn and Spring Term, Year 2Principles of Management (Unit 6)

Learners study how the role of management and leadership in the workplace contributes towards business success.
Spring and Summer Term Year 2
Recruitment and Selection (Unit 8)

Learners explore how the recruitment process is carried out in a business. The unit gives them the opportunity to participate in selection interviews and review their performance.

There are three types of assessment, these are:


Assignment set and marked by Walton High staff, moderated by Pearson.

Task set and marked by Pearson (Pre-released Controlled Assessment

Written Exam—set and marked by Pearson


All units are assessed to a Pass, Merit or Distinction level.  The written exam and tasks set and marked by Pearson can be assessed twice a year, January and June.

Tasks set by Pearson require students to demonstrate their skills and knowledge in a real-life scenario they are likely to encounter in the workplace.  They provide students work based challenges, where they are faced with realistic work conditions and time-based pressures.  Students will be given a scenario and will have two weeks to research and prepare for the assessment, which is a written task and is given three hours to complete in controlled conditions.

Written Exam – The exam is a two hour exam that has 100 marks available.  The exam has two sections, Section A exams personal finance and is worth one third of the final marks, Section B examines students understanding of Business finance worth two thirds of the marks.

All students will receive talks, participate educational visits and undertake several work experience opportunities including a two week placement block in June/July.

Resources for BTEC Business Diploma


BTEC Business Subsidiary Diploma

Course Description and Content:
In this course, students develop their understanding of Business.  This is a two year course in which students will study six units.  All students must study four core units and two optional units.

The four core units are:
Unit 1: The Business Environment
Unit 2: Business Resources
Unit 3: Introduction to Marketing
Unit 4: Business Communication

The two optional units students will study are:
Unit 9: Creative Product Promotion
Unit 13:Recruitment and selection in Business

Assessment:
All units are through pieces of coursework and are assessed to a Pass, Merit or Distinction level.

Resources:
All students will be issued with the set text. BTEC Level 3 National Business Student Book 1, published by Pearsons ISBN: 978-1846906343

Unit 1 – The Business Environment.

This unit looks at the fundamentals involved in two contrasting business organisations- their aims, purposes, stakeholders and structure, as well as the external factors that influence a business and how they will react to these factors
Unit 2 – Business Resources

The aim of this unit is to develop learner knowledge of the range of human, physical, technological and financial resources required in an organisation, and how the management of these resources can impact on business performance
Unit 3 – Introduction to Marketing.

The unit aims of to give learners an understanding of how marketing, research & planning, and the marketing mix are used by organisations. Learners will also need to develop a coherent marketing mix of a product of their choice
Unit 4 – Business Communication.

In this unit learners will explore different types of information and how it is communicated effectively. They will come to understand what legal and ethical constraints restrict and protect organisations and individuals. They will also develop and enhance practical and creative skills when they produce presentations, web pages and leaflets.
Unit 9 – Creative Product Promotion.

In this unit, the learner will know the constituents of the promotional mix and get to
understand the role of promotion within the marketing mix. Learners will also understand the role of advertising agencies and the media. They will then be required to create a simple promotional campaign of their choice.
Unit 13

This unit explores the recruitment process by different businesses. Students will also explore the legal frameworks they must operate within. Students will design their own recruitment documentation and interview in which they must interview potential applications and form judgements for a position of their choice.


BTEC Business (AS) Diploma

Course Description and Content:
In this course, students develop their understanding of Business.  This is a two year course in which students will study twelve units.  All students must study four core units and eight optional units.
The four core units are:
Unit 1: The Business Environment
Unit 2: Business Resources
Unit 3: Introduction to Marketing
Unit 4: Business Communication

The eight optional units students will study are:
Unit 9: Creative Product Promotion
Unit 12: Internet Marketing in Business
Unit 13:Recruitment and selection in Business
Unit 15: Development Planning for a career in Business
Unit 18: Managing a Business Event
Unit 19: Developing Teams in Business
Unit 27: Understanding Health & Safety in the workplace
Unit 29: Understanding retailing

Assessment:
All units are through pieces of coursework and are assessed to a Pass, Merit or Distinction level.

All students will be issued with the two set texts. BTEC Level 3 National Business Student Book 1, published by Pearsons ISBN: 978-1846906343
BTEC Level 3 National Business Student Book 2, published by Pearsons ISBN: 978-1846906343

Unit 12 – Internet marketing.

In this unit learners will gain an understanding of the role of internet marketing in modern marketing and how this benefits both the customer and the business. They will also understand the marketing opportunities and challenges of globalisation facing a selected organisation when using the internet as a marketing tool.
Unit 18

Unit 19
Teams are used by organisation in many ways. Students explore the different teams which could be used, the stages of forming a team and how teams help to achieve the goals of the business. Alongside Unit 18, students explore the roles they perform with in a team, exploring the roles and performance of a team whilst managing an event.
Unit 15Unit 27

This unit explores the importance of Health and Safety. Students interview key personnel responsible for Health and Safety. They will become a Health and Safety investigator in which they will undertake their own risk assessment.
Unit 29

With retailing being a key part of the UK economy, students will study the business of retail. They will learn about changes in retail, distribution of products and services and judging the level of customer services delivered by different retailers. Students will undertake mystery shopper surveys and research customer service policies.

Useful Links

AQA GCSE Exam Board Homepage (2014 –Specification 4130)
Download past exam papers and markschemes

AQA GCSE Exam Board Homepage (2016 Specification 8132)
Download past exam papers and markschemes

AQA A-Level Exam Board Homepage (2015 Specification 7131/7132)
Download past exam papers and markschemes

BTEC Business DIPLOMA (2016 Specification)
Download past exam papers and markschemes

Useful Websites
Tutor2U
GCSE Bitesize
The Times 100 (case studies)
Business Ed
ACAS - HR
CIPD – HR
The Marketing Teacher