Business Studies
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Business Studies
The OCR GCSE Business Studies course aims develop students’ knowledge and understanding of business theory and practice as well as develop the essential analysis and communication skills necessary to cultivate successful business opportunities.
This GCSE specification requires students to:
- actively engage in the study of business to develop as effective and independent learners and critical and reflective thinkers
- use an enquiring approach to distinguish facts and opinions and make informed judgements
- develop and apply their knowledge, understanding and skills to contemporary issues in a range contexts
- appreciate the range of perspectives of different stakeholders
- consider ethics and sustainability of business activity.
Students are also expected to develop the following skills:
- practical skills in time management, personal organisation and action planning
- presentational skills in addressing audiences using a variety of media and forms
- personal skills in showing evidence of progression
- interpersonal skills in communication and group work
- cognitive skills in reflection and review of their own and others’ performances
Specification: Business (9-1) – J204
Business 01: Business activity, marketing and people
Students are introduced to business concepts and issues concerning the activities of a business. They explore the purpose and role of a business from spotting an opportunity through to the growth of an established business. They also look at the role of marketing and human resources.
Business 02: Operations, finance and influences on business
Students have a closer look at the role of operations and finance in business activity. Operations include production processes, quality of goods and services, customer service, and working with suppliers. Finance covers its role, its sources, costs, profit and loss, cash and cash flow.
They also explore how business responds to external influences, such as ethical and environmental considerations, the economic climate and globalisation, and the interdependent nature of business.
Both Business 01 and 02 have an 80 Mark, 1 Hour 30 Minutes paper (50% of total GCSE)
Content Breakdown:
Year 10 – Business 01: Business activity, marketing and people
Business Activity
1.1 Role of Business and Enterprise
1.2 Business Planning
1.3 Business Ownership 3.2 Organisational Structures
1.4 Aims & Objectives
1.5 Stakeholders
1.6 Business Growth
Marketing
2.1 Role of Marketing
2.2 Market Research
2.3 Market Segmentation
2.4 Marketing Mix
People
3.1 Human Resources
3.2 Organisational Structures
3.3 Communication in Business
3.4 Recruitment and Selection
3.5 Motivation and retention
3.6 Training and development
3.7 Employment law
Business 02: Operations, finance and influences on business
Operations
4.1 Production Processes
4.2 Quality of Goods & Services
4.3 Sales and Customer Service
4.4 Consumer Law
4.5 Business location
4.6 Working with Suppliers
Finance
5.1 Role of Finance
5.2 Sources of Finance
5.3 Revenue, Costs & Profits
5.4 Break-Even
5.5 Cash Flow
Influences on Business
6.1 Ethical Considerations
6.2 Climate
6.3 Globalisation
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