In today’s world business is all around us, which makes it a constantly evolving, exciting subject. Study of Business requires a variety of skills, such as analysing, interpreting and responding to data, calculating financial ratios, and communicating your analysis and arguments. You will investigate a variety of contemporary issues, such as globalisation and how technology is changing business.
Minimum GCSE of 5 in Business (if studied), and 5 in English and Maths
You look at a variety of firms in different industries, starting with: What is business? Why do businesses exist? What are their aims? How do you measure their success? You will then look at the role of managers, finding out about different styles of leadership and the way decisions are made using scientific methods and intuition. You will examine functional strategies businesses use to be successful.
How can businesses change to improve their performance? You will analyse the strategic position of firms, using tools like financial ratios. You will consider external factors on businesses, such as the economy. You will see how firms choose their strategic direction, which markets to compete in and what products to offer. You will investigate how firms manage change.
Three 2-hour examinations. You will be assessed through a mixture of multiple choice, short answer (including calculations), data response and essay questions.
Exam Board: AQA A-Level: 7132
Are you interested in:
- How the economy, political decisions, social trends, and technology impact on business?
- Setting up a business of your own?
- Understanding why businesses make the decisions they do?
- Learning more about finance and financial decision making?
- The impact of globalisation on business?
Leading to a career in:
- Financial Services
- Human Resources
This subject goes well with:
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Click below to learn about the course from Business Studies student, Sophie.