KEY STAGE 4 – GCSE BUSINESS STUDIES
AQA (8132) Linear Exams: Consisting of:
Paper 1: Influences of Operations and HRM on Business Activity
Paper 2: Influences of Marketing and Finance on Business Activity
How they are assessed (both)
• Written Exam: 1 hour 45 minutes
• 90 marks
Each Paper = 50% of GCSE
GCSE Business Studies. During the two year course students will study the following topics which are then assessed in two exams at the end of Year 11:
- 1. Business in the real world
- 2. Influences on business
- 3. Business operations
- 4. Human resources
- 5. Marketing
- 6. Finance
The course equips all students with a solid grounding in Business Studies as well as supporting the development of a number of enterprising skills such as communication, teamwork and problem solving.
Useful Subject & Revision Websites
KEY STAGE 5
AQA A Level (7131 / 7132) 3 x written exams: Consisting of:
Paper 1: Assessed via a written exam: 2 hours, 100 marks in total, 33.3% of A-Level
Three compulsory sections:
- Section A has 15 multiple choice questions (MCQs) worth 15 marks.
- Section B has short answer questions worth 35 marks.
- Sections C and D have two essay questions (choice of one from two and one from two) worth 25 marks each
Paper 2: Assessed via written exam: 2 hours, 100 marks in total, 33.3% of A-Level
Three data response compulsory questions worth approximately 33 marks each and made up of three or four part questions.
Paper 3: Assessed via written exam: 2 hours, 100 marks in total, 33.3% of A-Level
One compulsory case study followed by approximately six questions.
The exam board used for Business Studies is AQA A-Level (7131/7132)
Students of this course should study business in a variety of contexts (e.g. large/small, UK focused/global, service/manufacturing) and consider:
- The importance of the context of business in relation to decision making
- The interrelated nature of business activities and how they affect competitiveness
- The competitive environment and the markets in which businesses operate
- The influences on functional decisions and plans including ethical and environmental issues
- The factors that might determine whether a decision is successful
- How technology is changing the way decisions are made and how businesses operate and compete
- The impact on stakeholders of functional decisions and their response to such decisions
- Use of non-quantitative and quantitative data in decision making (including the interpretation of index numbers and calculations such as ratios and percentages).
Strategic Decision Making (A-Level only)
The study of strategic decision making should build on the study of decision making in the functional areas. Students should consider:
- The impact of technology on strategic decision making
- The influences of Corporate Social Responsibility, ethical and environmental issues on strategic decisions
- The difficulties in forecasting future trends
- The importance of assessing feasibility and risk when making strategic decisions
- The impact on stakeholders of strategic decisions and their response to such decisions.
The topics lend themselves to studying and engaging with the business world. The specification and assessment should encourage students to follow business developments and think critically about contemporary business issues. Most of the assessment material is based on real business situations. By examining and thinking critically about real business situations as they study the subject, students will gain an insight into different contexts which will help them to understand the key issues in any situation and compare and contrast this with other situations and apply their understanding.
Useful Subject & Revision Websites
AQA revision guide which can be purchased from school.
Tutor2U revision workshops
Over 80% of pupils gain their target grades in A-Level Business
Contribution to SMSC
In Business Studies students are expected to develop their spiritual, moral, social and cultural beliefs across all areas of learning. Students are also encourage to take part in school trips and to explore business studies on a real life context and continuously are encouraged to develop their evaluative and debating skills when preparing for their exams and completing their controlled assignment.
Spiritual education in Business encourages students to explore consumer and employee legislation focusing on the impact these have on how businesses operate and also to debate the actions taken by to address their corporate social responsibilities. Students taking Business Studies also investigate ethical issues within business such as fair trade and use of scare resources in production.
Moral education in Business requires students to make judgements and form opinions based on evidence they select from the use of case study material. In particular students focus on exploring ethical and environmental issues and how businesses manage expectations of stakeholders when dealing with these issues.
Social education in Business encourages students to further develop their skills for success, they do this through working together collaboratively in problem solving activities, conducting research and developing skills of leadership and debating.
Cultural education in Business focuses on encouraging students to explore local businesses on visits such as Jaguar and Cadbury’s. Students also investigating in the Sixth Form emerging markets and how different cultures operate in the business world.
Contribution to Wider Curriculum
Previous visits to Cadburys, Jaguar, Entrepreneur Live.
Sixth Form students and G&T students in KS4 can take part in the Student Investor Challenge where they have the opportunity to trade vertical stocks and shares in competition with other schools, as great way for students to develop their financial awareness in a real life context. Last year one of our Sixth Form teams made it to the semi-finals.