Subject Area: Business
Level: TWO-YEAR A Level
Exam Board: Edexcel/Pearson
You must have a genuine interest in business and be motivated to investigate issues further. You must have GCSE English Language and Maths at grade 4 or above.
What will I study?
Business Studies investigates the internal operations of a business and analyses how they are affected by the external environment. You will have to comment on and judge the strategies that firms could follow.
FIRST YEAR OF A LEVEL
The topics you will study are: Marketing – how a firm ensures that it sells the products and services that the consumers want at a profit. Influences on demand, supply and elasticity; People – What choices does an employer have when they need staff? Are people only motivated by money? What is a good leader / entrepreneur? Finance – how does a firm ensure that it never runs out of money? How does it calculate how much money it makes each year? Resource Management – How do we measure efficiency? What is the most efficient way to produce a car? Why have the Japanese been so successful? What can we learn from them? External Influences – How do changes in exchange rates, interest rates, inflation, taxation and GDP affect businesses? What legislation do firms have to abide by?
SECOND YEAR OF A LEVEL
The topics you will study are: Business Strategy – how firms succeed and fail and what strategies are used to achieve success. What techniques are used for planning? The importance of ethics and culture to business decision making; Global Business – the factors that influence success or failure of international trade.
Most career options are accessible from this subject, for example, Management, Accountancy, Advertising, Banking, Marketing and Personnel. Business related courses are now one of the most popular choices in higher education.