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What you will learn

What will you learn in KS4

In the Business department we offer a diverse curriculum for students of all abilities in order to cater to their needs. The opportunities for students to stretch themselves are provided throughout. Students who pass the BTEC programmes naturally proceed to the next stage either in further education or on to higher education. The majority of our A-level students progress to university usually to pursue business related courses.

The courses available at KS4 are:

  • GCSE Business Studies
  • BTEC Intro and First Diploma

Units will be delivered as follows:

Y10 Term 1 Unit 1
Term 2 Unit 3
Term 3 Unit 4

Y11 Term 1 Coursework
Unit 5
Term 2 Unit 2
Term 3 Revision
Exams

  • Tests throughout
  • Exam at the end of each unit
  • Y10 Mock in March/April
  • Y11 Mock in December

UNIT 1

Rules and Expectations - Trading Standards Officers External Constraints on Business Activity
Q&A – Why have students chosen this subject? - Ombudsmen Central Government:
Overview of GCSE - Unofficial Watchdogs - Inflation
Brainstorm – What is a Business? - Citizens Advice Bureaux - Interest Rates
Start teaching Unit 1 – Business and it’s Environment - Advertising Standards Authority Taxes:
Business Activity Local Government: - Income Tax
Products – Goods/Services - Planning Regulations - VAT
Needs/Wants - Trading Standards - Corporation Tax
Factors of Production - Business Rates - Excise Duties
Opportunity Cost - Social Costs Legislation:
Types of Economy - Social Benefits - Business
Sectors of the Economy European Union - Monopolies
The Objectives Of An Organisation British Standards Institution - Office Of Fair Trading
Objectives of a Private Sector organisation: Consumer Tastes - Monopolies and Mergers Commission (MMC)
- Profit Population Trends Consumer Protection:
- Survival Competitors
- Competition Pressure Groups
- Market Share Ethics
- Quality Aiding Business Activity
- Sales Grants
- Environmental Location Incentives
- Expansion Advice/Support
- Reputation Human Resources
- Customer Service Marketing
Objectives of a Public Sector organisation: Finance
- Break-even Production
- Provide a service
Stakeholders
Organisation And Structure
Business Ownership:
- Sole Trader
- Partnership
- Franchise
- Co-operative
- Public Limited Company
- Private Limited Company
Organisation Charts:
- Tall structure
- Flat structure
- Matrix structure
Centralisation/Decentralisation
Span of Control
Chain of Command
Delegation
Job Roles

UNIT 2

Human Resources Department
Recruitment – Internal/External: - Net Pay
- Job Description - National Insurance
- Person Specification - Income Tax
- Job Advertisement Payment Systems:
- Application - Bonus
- Interview - Overtime
- CV - Basic
- Short-list - Commission
- Selection - Piece
- Job Offer - Time
- Contract Of Employment - Flexi
- The Recruitment Process - Performance Related Pay
Appraisal - Profit Sharing Schemes
Employment Legislation: Communication:
- The Sex Discrimination Act - Channels Of Communication
- The Race Relations Act - Visual Methods
- The Disabled Persons Act - Written Methods
- The Equal Pay Act - Electronic Methods
- The Health & Safety At Work Act - Verbal Methods
Training: Leadership:
- Induction Training - Leader
- On-the-job Training - Autocratic
- Off-the-job Training - Democratic
Terminating Employment: - Laisezz-Faire
- Retirement
- Redundancy
- Resignation
- Dismissal
Industrial Relations:
- Industrial Tribunal
- Industrial Disputes
- Industrial Action
- Advisory, Conciliation and Arbitration Service (ACAS)
- Trade Union
- Trade Union Congress (TUC)
- Employers Associations
- Confederation of British Industry (CBI)
Motivation:
Motivation - Definition
Methods of Motivation:
- Job Enlargement
- Job Enrichment
- Pay
- Perks/Fringe Benefits
- Status
- Social Facilities
- Training
- Employee Suggestions
- Why people work
- Maslow
- Herzberg
- Mc Gregor
Pay – Wage/Salary:
- Payslip
- Gross Pay

UNIT 3

Finance Department
Areas of Finance
Why is Finance needed?
Sources Of Finance:
- Retained Profits
- Sale Of Assets
- Reducing Stocks
- Trade Credit
- Personal Savings
- Bank Loan
- Bank Overdraft
- Factoring
- Shares
- Debenture
Costs:
- Start-up Costs
- Running Costs
- Fixed Costs
- Variable Costs
- Total Costs
Revenue – Definition
Revenue - Calculation
Profit & Loss – Definition
Profit & Loss – Calculation
Break-even Analysis
Cash Flow Forecast:
- Receipts – Cash Inflows
- Payments – Cash Outflows
Balance Sheet:
- Assets
- Liabilities
- Debtors
- Creditors
- Working Capital
Depreciation
Trading Account
Profit & Loss Account
Appropriation Account
Ratios:
- ROCE
- Net Profit Margin
- Gross Profit Margin
- Current Ratio
- Acid Test Ratio
- Stock Turnover
Business Plan

UNIT 4

Marketing Department - The Weights & Measures Act
Marketing - Definition - The Food Safety Act
Markets - The Consumer Credit Act
Market Share International Trade:
Market Leader - Exports
Orientation - Imports
Market Research: - Balance of Trade
- Market Research - Definition - Current Account Balance
- Primary Research - Balance Of Payments
- Secondary Research Exchange Rates
- Research Methods

- Sampling – Definition
- Sampling Methods
Market Segmentation:
- Market Segmentation – Definition
Market Segments:
- Age
- Gender
- Geographical/Location
- Hobbies/Interests
- Socio-economic Group
Niche Markets
Marketing Mix:
Product:
- Product Features
- Differentiation
- Branding
- Product Life Cycle
- Extension Strategies
Price:
- Factors Affecting Price
Pricing Strategies:
- Cost-Plus
- Competition-Based
- Penetration
- Skimming
- Market-Orientated
- Price Discrimination
Demand & Supply
Place:
- Distribution Channels
- Retailers
- Wholesalers
- E-commerce
Promotion:
- Promotion - Definition
- Sponsorships
- Public Relations
- Displays
- Sales Promotions
- Advertising
- Advertising Costs
- Informative Advertising
- Persuasive Advertising
Consumer Protection:

UNIT 5

Production Department
Production – Definition
Production Process
Types of Production:
- Primary
- Secondary
- Tertiary
Methods of Production:
- Job
- Batch
- Flow
Specialisation
Lean Production
Just-In-Time (JIT)
Quality Control
Quality Assurance
Total Quality Management (TQM)
New Technology
Production Costs
Break-even
Stock Control
Size of Business
Methods of Growth:
- Internal Growth
- External Growth
Business Location

In the coming year we hope to offer a more enhanced curriculum at KS4 and bring in more flexible access for the students to progress into further education courses. The development of BTEC courses at GCSE level are underdevelopment at present and should enable students to gain more than one GCSE grade from this course. This course will be aimed at students who prefer coursework elements over exam units.
The student will be able to transfer then into the 6th Form BTEC National Diploma course compromising of 3 A’ Levels.


 

What will you learn in KS5

In the Business department we offer a diverse variety of curriculum to meet different ability students in order to cater to their needs. The opportunities for students to extend themselves are provided. Students who pass on BTEC programs naturally proceed to the next stage either in further education or to higher education.

The courses available at KS5 are:

  • A-level Business, Economics and Accounts
  • BTEC Certificate, First Diploma and National Diploma