Business and Enterprise

They say that money makes the world go round.  It is certainly true that without wealth being created, there wouldn’t be the tax revenue to pay for all of the public services we want to be able to access.

It is also true that apart from death and taxes, the only certainty is that things will change.

We are working towards Swanmore having an enterprising culture as this will help to equip our young people with the attributes needed to cope in the 21st century.

Enterprise involves taking risks, showing initiative, and a willingness to undertake new ventures.

In lessons across the curriculum, these attributes are fostered in all sorts of ways.  For example, pupils are encouraged to think of new ways of tackling work set, to take risks with developing their ideas, and to use their initiative in their learning.

However, there are explicit opportunities for pupils to develop these skills.  These opportunities range from extra-curricular clubs like STEMNET to setting up fund-raising events for charity, competitions and links with businesses.

Business and enterprise are “live” subjects: every day, there is something in the news that will have an impact on the business world, and every disaster can bring opportunities.  We want our young people to have a lively interest in the world around them and be able to take their place in the world as enterprising citizens.

Key Stage 4

GCSE Business Studies – Edexcel exam board

Unit 1: Introduction to small business

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

This is examined at the end of Year 11 through a 45 minute multiple choice exam and is worth 25% of the overall GCSE grade.

Unit 2: Investigating small business

This is a controlled assessment which looks at how a small business works in relation to questions posed by the exam board.  It involves a maximum of 6 hours of research and 3 hours of writing-up time.  This is completed during the Autumn Term of Year 11 and is worth 25% of the overall GCSE grade.

Unit 3: Building a business

  • Marketing
  • Meeting customer needs
  • Effective financial management
  • Effective people management
  • The wider world affecting business

This is examined at the end of Year 11 through a 90 minute written exam and is worth 50% of the overall GCSE grade.

 

Business Studies is changing. The current qualification will be examined for the final time in Summer 2018.

There are new Business Studies courses currently in development and we will be looking at the different examination boards during 2016 to decide which one to use for first examination in Summer 2019.