Business Studies

Topics

Students study objectives of a business, changing business environments and the criteria for judging success.

1.1 - Business objectives

1.2 - Types of organisations

1.3 - Classification of businesses

1.4 - Decisions on location

1.5 - Business and the international economy

1.6 - Government objectives and policies

1.7 - External factors

1.8 - What makes a business successful?

Students will study people in organisations, focusing on their roles, relationships and management in business.

2.1 - Internal and external communication

2.2 - Recruitment and selection process

2.3 - Training

2.4 - Motivation and rewards

2.5 - Organisation structure and employees

Students explore the use of accounting and financial information as an aid to decision making.

3.1 - Business finance - sources

3.2 - Cash flow forecasting

3.3 - Costs and break-even analysis

3.4 - Financial documents

3.5 - Accounts analysis

Students focus on identifying and satisfying customer needs in a changing and competitive international environment.

4.1 - Market research

4.2 - The market

4.3 - The marketing mix

Students examine the way organisations use and manage resources to produce goods and services.

5.1 - Economies and diseconomies of scale

5.2 - Production

5.3 - Factors of production

5.4 - Quality