The Whitehaven Academy. Pupils get their first look at the inside of the new Academy site which is under construction. Headteacher Nigel Youngman (centre):
15 September 2021
Stuart Walker
Copyright Stuart Walker Photography 2021

Business Studies is a broad subject which looks at a range of topics and gives and over view of the various elements involved in running a business.

Foob box presentation

The main elements of a Business Study course look at how businesses operate, the environment in which businesses operate in, and how the different functional areas of a business operate.

Whitehaven Academy. Philosophy and Politics: 29 April 2021
STUART WALKER 
Stuart Walker Photography 2021

The main functional areas of a business are Business Operations, Marketing, Finance and Human Resource Management

Why study Business?

Business Studies is a varied subject which allows students to explore the world of business in it’s many different contexts. Business Studies is much more than a theory based or textbook driven subject. The theory studied throughout the course is taught in the context of the current world around us, because to stay a contender in the world of business you need to be up to date.

From every online click on a company website, every purchase you ever make, every company name you hear in the news, business exist all around us.  At some point in your life, some of these businesses have convinced you to purchase their products and services. If you want to become part of this phenomenon this course is for you.

Possible career pathways

There are a wide range of careers in which a Business Studies pathway will prove useful.  Some examples are:

Accountancy and Finance, Management and Consultancy, Marketing and Advertising, Human Resource Management, Media Management, Retail and Sales, Entrepreneur, International Business Careers and many more.

KS4

GCSE Course structure

Students consider the practical application of business concepts. The units detailed below provide opportunities to explore theories and concepts in the most relevant way, through the context of events in the business and economic world.

  1. Business in the real world
  2. Influences on business
  3. Business operations
  4. Human resources
  5. Marketing
  6. Finance

Key areas and skills

Students apply their knowledge and understanding to different business contexts, ranging from small enterprises to large multinationals and businesses operating in local, national and global contexts. Students are able to develop an understanding of how these contexts impact on business behaviour. They are able to apply knowledge and understanding to business decision making and how these interdependencies underpin business decision making, how different business contexts affect business decisions and the use and limitation of quantitative and qualitative data in making business decisions.

Main methods of assessment

 

Paper 1: Influences of operations and HRM on business activity. Written exam: 1 hour 45minutes (50%)

What’s assessed: Business in the real world; influences on business; business operations; human resources.

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. Written exam: 1 hour 45minutes (50%)

What’s assessed: Business in the real world; influences on business; marketing; finance.

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.