Business Studies

We study The Applied Business Studies (double award) GCSE. The qualification at the end is 2 GCSE’s. The course is taught over 5 lessons every fortnight, and there is a requirement that the students study independently for 1 hour per week on top of the home set.

The exam board is ICAA and their website www.icaa.com provides a lot of information and resources for the course.

The course is made up of 3 units with equally weighted marks

Units 1 and 2 are coursework’s
Unit 3 is an external exam

Unit 1- Investigating Business

Looks at 2 businesses- Manchester Airport and 1independently researched by the student.

This unit looks at
Aims and objectives
Types of ownership
Factors influencing business location
Business activities
Functional Areas within the business
Communication methods used within a business
Business competition
Environmental issues affecting business

Economic conditions Unit 2 People and Business

This unit looks at

Business Stakeholders
Job roles within a business
Rights and responsibilities of employees
Recruitment and training methods
Customer service

Unit 3

Finance exam covering

The flow of financial documents
Methods of payment
Covering the costs of a new product or service
Cash flow forecasting
Budgeting
Calculating Break-even
Calculating Profit and Loss
Understanding a Balance Sheet
The importance of accounts
Sources of finance
Financial planning