WHAT IS BUSINESS?
Business will enable you to uncover the truth behind the decisions made by businesses and the impact that these decisions have in the four key areas of marketing, production, human resources and finance. We take an in depth look at real-life business examples, from world leaders such as Adidas and McDonald’s to small local businesses, analysing the impact of their choices and predicting the likely outcomes.
WHY STUDY THIS COURSE?
From day one, business will help you develop a critical mind to assess key business decisions. You will be trained on how to become an effective business consultant advising businesses on how to juggle the conflicts between a range of stakeholders to ultimately ensure that they are successful. You really will learn about the fine margins between success and failure and all the factors at play.
WHAT CAN YOU EXPECT FROM BUSINESS STUDIES?
You will expand your understanding of how and why business decisions are made and how businesses respond strategically to the changes they face. You will also study the major issues affecting businesses in the modern world from the rise of technology and the internet, to the impact of Brexit.
HOW IS THE COURSE ASSESSED?
You will complete three examinations at the end of the two year course.
WHO IS THE COURSE SUITABLE FOR?
If you are interested in business and can see yourself one day working within a large organisation, or you are interested in starting up and running your own business, this may well be the subject for you!
WHAT CAN I DO WITH AN A LEVEL IN BUSINESS STUDIES?
Business leads to a very wide variety of university courses, especially in areas such as business, economics, management, retailing, enterprise, finance, accountancy and administration. It is a very useful starting point for careers in the business world.
WHAT WILL I STUDY?
- What is business?
- Managers, leadership and decision making
- Decision making to improve marketing performance
- Decision making to improve operational performance
- Decision making to improve financial performance
- Decision making to improve human resource performance
- Analysing the strategic position of a business
- Choosing strategic direction
- Strategic methods: how to pursue strategies
- Managing strategic change
By taking a holistic approach to the subject, you will demonstrate the inter-related nature of business using business models, theories and techniques to support analysis of contemporary business issues and situations. The content is designed to engage you through topics and issues that are relevant in today’s society – you will study key contemporary developments such as digital chronology, business ethics, and globalisation. You will develop the knowledge and skills needed to analyse data, think critically about issues and make informed decisions – all skills that are needed for further study and employment. The question papers use a variety of assessment styles including multiple choice, short answer, data response, essay and case studies so that you feel more confident and engage with the questions. Real life case studies will be used wherever possible to make it easier for you to relate to and apply your knowledge and skills developed throughout the course.
ADDITIONAL ACTIVITIES WITHIN THIS SUBJECT
Business studies students have the opportunity to participate in visits to businesses such as Jaguar Land Rover to develop your understanding of different business functions. You will also have the opportunity to compete in the Investor Challenge and the ICAEW BASE competition.