Business
Business in Year 9
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Term 1 |
Term 2 |
Term 3 |
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What students will learn |
The Nature of Business Activity – Business Activity, Resources and Outputs, Interdependent nature of Business
Goods and Services – the business environment, local, national and global networks, identifying opportunities |
Business Enterprise – Entrepreneurship, Risks and Rewards, Start-ups
Business Planning – Creating a business plan, Problems with Business Planning
Business Aims and Objectives – Purpose Aims and Objectives |
Business Ownership – Sole Traders, Partnerships, Limited Companies, PLCs.
Business Growth – Internal growth, External Growth, Franchises, Mergers and Acquisitions |
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Key assessments |
Spotify Case Study – a) Analyse the activities of the different functions of Spotify b) To what extent do you think the environment of the music industry can be described as dynamic? |
Fatface Case Study – Analyse reasons why people start a business. Business Insight: Shell – Analyse factors that affect the profits of Shell Unilever Case Study – Discuss Unilever’s view that a long-term stakeholder policy can benefit business |
Business Insight – Poundland and Steinhoff International a) Discuss the benefits and drawbacks of the acquisition b) Is takeover a better way to grow than internal growth. Justify your answer. |
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Key vocabulary: 10 essential words for students to be able to spell, explain and use |
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Skills |
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Additional Resources |
GCSE Pod, GCSE Bitesize, Daydream Education Revision Guide |
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How parents can help
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Extra-curricular opportunities & visits
Trips to a Local Businesses Trips to National Businesses Guest speakers from the world of Business |
Homework expectations
At least one hour’s homework each week. Parents are expected to sign weekly to verify this. |
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Business in Year 10
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Term 1 |
Term 2 |
Term 3 |
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What students will learn |
Technological influence on Business Activity – Technological advances CAD & CAM, e-commerce & m-commerce, digital and social media, advantages & disadvantages Ethical influence – ethics, social responsibility, ethics and profits. Environmental influence – Costs, pollution, finite resources and response |
Economic Influence – Economic climate and factors, consumer income, interest rates & taxes, economy of Wales
Globalisation – International trade, global brands, trade barriers,
Impact of Legislation – Constraints &responsibilities, consumer law, copyright |
Methods of Production – batch production, mass/flow production, quality assurance, Supply chain.
Sales process – analysing data, good customer service, External Growth, Franchises, Mergers and Acquisitions |
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Key assessments |
Business Insight: Arran Aromatics – a) Analyse how their website helps the business to advertise its products. Case Study: Amazon’s Dash buttons: Discuss the advantages and disadvantages Business Insight: NEXT PLC’s ethical policy – Explain why NEXT use ethical policies.
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Business insight: rise of new car sales v reduced interest rates – Analyse reasons why 2015/16 saw record sales levels. Business Insight: Starbucks– Analyse why Starbucks is suitable to operate as a multinational Case Study: TATA Steel – Has Globalisation benefitted TAT Steel? |
Business Insight – Samsung Galaxy S7 Analyse the possible costs to Samsung of the problems with the S7. Business Insight – Rachel’s Organic Explain why choosing the right suppliers is important Case Study / The Excelsior How could hotels improve customer services and poor reviews? |
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Key vocabulary: 10 essential words for students to be able to spell, explain and use |
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Skills |
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Additional Resources |
GCSE Pod, GCSE Bitesize, Daydream Education Revision Guide |
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How parents can help
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Extra-curricular opportunities & visits
Trips to a Local Businesses Trips to National Businesses Guest speakers from the world of Business |
Homework expectations
At least one hour’s homework each week. Parents are expected to sign weekly to verify this. |
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Business in Year 11
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Purpose of the year |
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Term 1 |
Term 2 |
Term 3 |
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What students will learn |
Finance – Sources of finance, revenue and costs, ratios, cash flow, finances. Statements – profit and loss accounts, income statements, interpretation. Financial Performance – Financial data, analysing data, investment decisions. |
Marketing – Identifying and understanding customers, segmentation, Market research Marketing Mix – 5Ps, Product differentiation and design, pricing strategies, Place & Promotion – Types of activity, factors influencing promotional activities, distribution channels
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Human Resources – recruitment, the selection process, job vacancies and descriptions, shortlisting, references Methods of recruitment – internal advertising, external advertising, recruitment agencies Training – improving customer service, reducing wastage, legislation, creating employee opportunities, different training methods |
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Key assessments |
Business Insight: Liverpool FC’s record profits –a) Analyse the advantages and disadvantages to LFC of using its profits as a source of finance to buy new players. Case Study: Nigel’s Honey: Calculate profit/loss, explain revenue, evaluate adviceadvice. Business Insight: Cathedral Bookshop’s Cash Flow forecast – Complete the cash flow forecast, discuss differences between forecasts and actual statements.
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Case study: BHS – Evaluate the reasons why BHS lost its competitiveness. Business Insight: Innocent’s Market Research– Explain and evaluate what form of market research is being used by Innocent Smoothies Business Insight: Ryanair’s approach to pricing – Analyse the factors that might influence the price Ryanair sets for its flights. |
Business Insight: Virgin Group’s Horrible Day Explain one way in which the Virgin group motivates employees. Business Insight: Amazon’s Robots – Explain why Amazon’s use of robots might affect the company’s needs to train its workers. Case Study: Swaledale Hotel Group – How could hotels improve customer services and poor reviews? |
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Key vocabulary: 10 essential words for students to be able to spell, explain and use |
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Skills |
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Additional Resources |
GCSE Pod, GCSE Bitesize, Daydream Education Revision Guide |
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How parents can help
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Extra-curricular opportunities & visits Trips to a Local Businesses Trips to National Businesses Guest speakers from the world of Business |
Homework expectations
At least one hour’s homework each week. Parents are expected to sign weekly to verify this. |
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