GCSE Business

Exam Board: OCR

http://www.ocr.org.uk/Images/304213-specification-accredited-gcse-business-j204.pdf

Skills: You will be taught in an active way and encouraged to express and discuss your ideas. You will be shown how to analyse and evaluate different business situations.

On average students achieve at least a grade above their prediction.

Business Links: Visiting speakers, industry visit.

Content: In Year 10 students will study Business Activity, Marketing and Human Resources. In Year 11 they will complete the course by studying Production Operations, Finance, the External Business Environment and the Interdependent Nature of Business.

Assessment: In line with the changes the Government has made to assessment, all exams are at the end of Year 11. There are 2 exams, each 90 minutes long and each worth 50% of the total GCSE.

Key Stage 5

Business

Awarding Body: Edexcel

http://qualifications.pearson.com/en/qualifications/edexcel-a-levels/business-2015.html

Minimum Course Entry Requirements

GCSE grade C or above in English and Mathematics. It is not a requirement to have studied Business Studies at GCSE level. Past results show that students who have not studied GCSE Business Studies perform equally as well as those who have.

Specification Details

The Edexcel Level 3 Advanced GCE in Business is structured into four themes and consists of three externally examined papers.

Students are introduced to business in Themes 1 and 2 through building knowledge of core business concepts and applying them to business contexts to develop a broad understanding of how businesses work.

Breadth and depth of knowledge and understanding, with applications to a wider range of contexts and more complex business information, are developed in Themes 3 and 4, requiring students to take more strategic view of business opportunities and issues.

Students are encouraged to use an enquiring, critical and thoughtful approach to the study of business, to understand that business behaviour can be studied from a range of perspectives and to challenge assumptions.

Theme 1: Marketing and People

Students will develop an understanding of:

  • meeting customer needs
  • the market
  • marketing mix and strategy
  • managing people
  • entrepreneurs and leaders.

Theme 2: Managing business activities

Students will develop an understanding of:

  • raising finance
  • financial planning
  • managing finance
  • resource management
  • external influences.

Theme 3: Business decisions and strategy

This theme develops the concepts introduced in Theme 2. Students will develop an understanding of:

  • business objectives and strategy
  • business growth
  • decision-making techniques
  • influences on business decisions
  • assessing competitiveness
  • managing change.

Theme 4: Global business

This theme develops the concepts introduced in Theme 1. Students will develop an understanding of:

  • globalisation
  • global markets and business expansion
  • global marketing
  • global industries and companies (multinational corporations).

Year 12 Assessment

Paper 1: Marketing, people and global businesses

  • Externally assessed - 35% of the Total qualification

Overview of content

Paper 1 will assess marketing, people and global businesses.

Questions will be drawn from Themes 1 and 4, and from local, national and global contexts.

Overview of assessment

  • Written examination.
  • The paper comprises two sections.
  • Sections A and B each comprise one data response question broken down into a number of parts, including one extended open-response question.
  • Duration: 2 hours - 100 marks available.

Paper 2: Business activities, decisions and strategy

  • Externally assessed - 35% of the Total qualification

Overview of content

Paper 2 will assess business finance and operations, business decisions and strategy. Questions will be drawn from Themes 2 and 3, and from local, national and global contexts.

Overview of assessment

  • Written examination.
  • The paper comprises two sections.
  • Sections A and B each comprise one data response question broken down into a number of parts, including one extended open-response question.
  • Duration: 2 hours - 100 marks available.

Year 13 Assessment

Paper 3: Investigating business in a competitive environment

  • Externally assessed - 30% of the total qualification

Overview of content

Paper 3 will assess content across all four themes and questions will be drawn from local, national and global contexts.

For Paper 3, there will be a pre-released context document. This will focus on a broad context, such as an industry or market in which businesses operate.

The question paper will be in two sections.

The first section will focus on the broad context provided.

The second section will focus on at least one strand within the context provided, such as a particular business.

Each section will contain unseen stimulus materials comprising quantitative and qualitative evidence. Students are required to apply their knowledge and understanding from Themes 1, 2, 3 and 4 and their understanding of the broad context to this evidence.

Overview of assessment

  • Written examination.
  • The paper comprises two sections.
  • Sections A and B each comprise one data response question broken down into
  • a number of parts, including one extended open-response question.
  • Duration: 2 hours - 100 marks available.

Career Possibilities

There are few areas of work where Business Studies does not have a part to play. Even in jobs that are technical, practical or artistic, it is useful to have an understanding of how the organisation (or 'business') operates, especially if you want to start climbing the management ladder. For those seeking employment, A level Business Studies would be of obvious value for a wide range of careers in the business world. Universities offer a range of business related degrees, with specialist routes in marketing, economics, finance, law, administration, personnel, retail management, information technology and European studies/languages.