Love business lessons! They are hard work but rewarding in the long run. We learn the theoretical factors that need to be taken into account when starting and running a business and studying business prepares you for a range of careers and opportunities in the future
Business is an excellent subject to study as a foundation for a range of careers – even those that are not specifically business based. Most careers will include coverage of human resource management, financial control, marketing and operations and, as these are the fundamentals for business study, it is a truly worthwhile subject to study. You will develop a range of transferable skills including communication (presenting ideas) and written work, teamwork, research skills, IT skills, as well as the more academic skills of analysis and evaluating.
Typically, a pupil may be asked to evaluate a range of options or strategies open to a business and they will need to weigh up the advantages and disadvantages for each option to arrive at a justified decision or judgement. These are all invaluable life skills.
Studying business may lead into a range of careers including marketing, media and/or advertising, banking/merchant banking, accountancy/auditing, human resource management/recruitment, economist in private or public sector, land management, law, stockbroking, corporate public relations and even teaching!
During Key Stage 3, pupils learn about the four main functions of business to include human resource management, finance, operations (production) and marketing. The course has been prepared internally and is aimed to provide an introduction into what will be studied at GCSE. The priority is to make lessons fun and engaging, whilst at the same time preparing the pupils for higher-level study should they choose to take GCSE business.
Awarding Body is OCR.
In Year 10, pupils will learn:
- Role of business and business planning
- Business aims and objectives
- Business ownership
- Business growth
- Human resource management
- Revenue, costs, profit and loss
In Year 11, pupils will learn:
- Sales process and customer service
- Consumer Law
- Business location
- Working with suppliers
- Ethical and environmental considerations
- Economic climate
- Interdependence of business
- Sources of finance
- Revenue, costs, profit and loss
- Cash and cash flow
External assessment of the GCSE is by two papers as follows:
Business 1 – Business activity, marketing and people (J204/01)
Business 2 – Operations, finance and influences on business (J204/02)
OCR A level Business
A level Business has traditionally been one of the most popular A level choices at Tettenhall College. The course is designed to prepare learners for both academic study (by looking at the theoretical aspects of business ownership) but at the same time, it is delivered in a fun and engaging way so that pupil interest is maintained. At Tettenhall College, we believe that Sixth Form study should provide a bridge between traditional study and preparation for university or employment. In the Business Department, this means that there will be a high expectation that pupils will be fully engaged in researching and delivering materials themselves. This helps to encourage a culture of responsibility for learning and it also develops organisational skills and ownership. We use a variety of interesting and interactive teaching and learning techniques to provide pupils with a range of opportunities to enhance their own experience. Pupils currently have 5 x 1 hour lessons and are usually taught by 2 members of the department.
What is learned?
The course covers a wide variety of material assessed across three examination papers. Topics include an introduction to business, business objectives and strategy, external influences on business, change management, accounting and finance, management accounting, financial accounting, human resource management, marketing and operations management.
Component 1 – Operating in a local business environment
Section A contains multiple-choice questions worth a total of 25 marks. The questions can be drawn from any element of the specification.
Section B contains data response questions which relate to a resource booklet issued with the answer paper. This paper is worth a total of 55 marks.
Component 2 – The UK business environment
Section A contains a number of short-answer questions worth a total of 20 marks. The content of the short-answer questions will be drawn from any element of the specification.
Section B contains extended response questions that relate to the resource booklet. This section is worth a total of 60 marks.
Component 3 – The global business environment
This paper contains both data response and extended response questions that relate to the resource booklet issued with the answer paper. This paper is worth a total of 80 marks.
All three components are assessed by a two-hour written examination.
The department has traditionally arranged an overseas Sixth-form overseas trip to view a range of businesses operations. Previous destinations have included Berlin, Prague, Barcelona, Budapest and Brussels. These trips have appealed to both business and economics students who have gained from seeing how businesses and economies operate in reality.
Key Stage 4 trips to Chester Zoo ( for marketing and human resource management) and Jaguar Land Rover in Solihull to view the production facilities.