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Business Studies (GCSE)

Aims of the Course 

  • To develop students’ entrepreneurial skills and to provide understanding of the challenges of setting up a business
  • To develop students’ financial understanding and capability
  • To raise student awareness of external factors which influence business decisions
  • To appreciate the range of perspectives of different stakeholders in relation to business and economic activities
  • To consider the extent to which business and economic activity can be ethical and sustainable
  • To enable students to develop and apply knowledge, understanding and skills to contemporary issues in a range of local, national and global contexts
  • To use an enquiring, critical approach to distinguish facts and opinions, to build arguments and make informed judgements

Examination Board:  EDEXCEL GCSE in Business Studies (1503)

Year 10                    

Unit 1: Introduction to Small Business

  • Spotting a business opportunity
  • Showing enterprise
  • Putting a business idea into practice
  • Making a start-up effective
  • Understanding the economic context

 Unit 1 is an externally examined paper consisting of compulsory multiple-choice questions (45 minutes).  This paper is taken at the end of Year 11.  

Unit 2: Investigating Small Business

This is an internally assessed research/investigation project which is to be completed in a three week timetabled session within school time. 

Students may choose from a range of tasks, including, for example:

  • To what extent does the business you have chosen target different market segments?
  • What is the most important factor in helping the business you have chosen deliver high levels of customer satisfaction?
  • To what extent have recent changes in exchange rates affected the business you have chosen to investigate?

Year 11

Unit 3: Building a Business

  • Marketing
  • Meeting customer needs
  • Financial management
  • People management
  • The wider world affecting business

Unit 3 is an externally assessed written examination consisting of a mixture of multiple-choice, data response, short-answer, extended-writing and scenario-based questions (1 hr, 30 mins).

Assessment Summary:

Year

Unit

Title

Assessment

Weighting

10

1

Introduction to Small Business

Exam

25%

10 

2

Investigating Small Business

Investigation

25%

11 

3

Building a Business

Exam

50%