Business Studies

Business Studies Overview: 📊💼

Business Studies is a dynamic and multifaceted subject that explores the fundamental aspects of running and managing a business. The course is designed to provide students with a comprehensive understanding of the business environment, strategic decision-making, and essential skills for effective management.

Year 11 – Preliminary Course Structure (120 Indicative Hours): 🏢

  1. Nature of Business (20%):
    • Introduction to the nature and purpose of businesses, covering topics such as types of businesses, their roles in the economy, and key business stakeholders.
  2. Business Management (40%):
    • In-depth study of business management principles, including organizational structures, leadership styles, and decision-making processes within a business context.
  3. Business Planning (40%):
    • Exploration of strategic business planning, focusing on goal setting, risk management, and the development of effective business strategies.

Year 12 (60 Indicative Hours Each): 🌐💡

  1. Operations (25%):
    • Examination of operational aspects, emphasizing production processes, supply chain management, and strategies for improving operational efficiency.
  2. Marketing (25%):
    • In-depth study of marketing principles, including market research, product development, promotion, and distribution strategies.
  3. Finance (25%):
    • Exploration of financial management, covering budgeting, financial analysis, and strategic financial decision-making for business sustainability.
  4. Human Resources (25%):
    • Study of human resource management, focusing on recruitment, employee development, workplace relations, and the impact of organizational culture on business success.

Business Studies equips students with practical skills and knowledge essential for entrepreneurship, effective management, and navigating the complexities of the business world. The course prepares students for careers in business, management, and related fields, fostering a holistic understanding of the interconnected facets of successful enterprises. 🚀🌍