The sum of Business is far greater than simply its parts. All young people are stakeholders in society and as each individual enters the world of work, continues onto further education or even chooses to run their own business, all will take up their role in the global community. All will have the right to vote within a few years’ time. Social and environmental issues already affect them, as does the government’s provision of services. Thus, in dealing with these issues, Business is a hugely important, relevant and useful course to young people.
Our focus within Business is upon the role of business enterprise and entrepreneurship, and the dynamic nature of business. Students need to be aware of the impact business in the real world has on the four functional areas of business:
- Business operations
- Human resources
Students apply their knowledge and understanding to different business contexts ranging from small enterprises to large multinationals and businesses operating in local, national and global contexts. Students develop an understanding of how these contexts impact on business behaviour. Students will apply their knowledge and understanding to business decision-making including:
- The interdependent nature of business activity, influences on business, business operations, finance, marketing and human resources, and how these interdependencies underpin business decision-making.
- How different business contexts affect business decisions.
- The use and limitation of quantitative and qualitative data in making business decisions.
As well as the core aspects, Business helps to develop many important skills, such as numeracy, literacy, ICT, problem-solving, information collecting, as well as analytical, evaluative and social skills. Students partake in a considerable amount of group study, practical activities and project work.
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