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Business Curriculum

Empowering Future Leaders Through Excellence in Business Education

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Why study Business?

What business develops

  • Skills like decision-making, problem-solving and communication
  • An understanding of how businesses work
  • Financial awareness
  • Enterprise and creativity

Student voice

“Business lessons help me to think differently about everyday things. It's like seeing the world with new eyes.” Year 10 Pupil

Key Stage 4 Business Cycle Overview

Cycle 1

Year 10 – Business Activity

Knowledge focus

Business Activity

Key skills

  • Understand basic business concepts such as ownership, aims and objectives and business growth.
  • Analyse business situations using real-world examples Problem-solving and decision-making for business scenarios.
  • Making recommendations based on context.
  • Communication skills through written responses and business explanations.
  • Application of knowledge to context

 

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.

Key Vocabulary

  • Entrepreneur, stakeholder, enterprise.
  • Liability
  • Sole Trader
  • Private Limited Company
  • Organic growth
  • Merger
  • Takeover

 

Year 11 – Operations

Knowledge focus

  • Operations

Key skills

  • Understanding more complex business functions – operations management.
  • Understand how products are produced and what affects production methods.
  • Analysing efficiency and ways t improve productivity.
  • Evaluating quality methods.
  • Applying knowledge of supply chain and logistics to business scenarios.
  • Improving extended writing skills for longer exam questions.

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.

Key Vocabulary

  • Operations
  • Productivity
  • Quality control/assurance.
  • Supply chain
  • Logistics
  • Batch
  • Flow

Cycle 2

Year 10 – Marketing

Knowledge focus

Marketing

Key skills

  • Understand and use marketing terminology.
  • Interpreting and using market data.
  • Apply the marketing mix to real business scenarios.
  • Analyse market decisions and their impact on sales and competitiveness.
  • Evaluate promotional and pricing strategies with pros and cons.
  • Develop creativity and problem-solving skills.

 

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.

Key Vocabulary

  • Market segmentation, marketing mix.
  • Design mix
  • Innovation
  • Invention
  • Distribution Channel
  • Digital distribution

 

Year 11 – Finance

Knowledge focus

Finance

Key skills

  • Using financial calculations such as revenue, costs and profit/loss.
  • Interpret financial documents like cash flow forecasts.
  • Analyse financial data to support decision making.
  • Evaluate appropriate sources of finance.
  • Improve numeracy and accuracy when working with figures.

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.

Key Vocabulary

  • Revenue
  • Variable costs
  • Profit
  • Break-even
  • Cash flow forecasts Sources of finance
  • Investment appraisal
  • Loans

Cycle 3

Year 10 – People [HR]

Knowledge focus

People HR

Key skills

  • Understand recruitment, selection and training processes.
  • Recognise different organisational structures and roles within a business.
  • Analyse motivational strategies and how they affect productivity.
  • Interpreting communication flows.
  • Evaluate HR decisions for different business scenarios.

 

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.
  • Mock examination Paper 1

Key Vocabulary

  • Recruitment
  • Selection
  • Motivation
  • Organisational structure
  • Hierarchy
  • Chain of command
  • Span of control

 

Year 11 – Influences on Business and the Interdependent Nature

Knowledge focus

Influences on business

Key skills

  • Understand how economic factors affect businesses.
  • Recognising legal, ethical and environmental issues and how firms respond.
  • Analyse stakeholder impacts and conflicts when decisions are made.
  • Interpreting how competition and market changes influence strategy.
  • Evaluating business responses to external pressures and trends.

Assessment

  • Formative Assessment lesson by lesson.
  • Summative: Two pieces of assessed homework.
  • One assessed end of topic assessment.
  • Mock examination Paper 2

Key Vocabulary

  • Ethics
  • The Economy
  • Inflation
  • Interest Rates
  • Pressure Groups

 

Key Stage 5 Business

Cycle 1

Year 12 – Meeting Customer Needs and The Market

Knowledge focus

Theme 1:

  • -Meeting Customer Needs
  • -The Market

Theme 2:

  • -Raising Finance
  • -Financial Planning

Key skills

  • Communicate ideas using business terminology accurately.
  • Interpret data from research, graphs and market information.
  • Use elasticity calculations to analyse customer responses.
  • Apply knowledge to real business contexts and case studies.
  • Compare market types.
  • Select suitable sources of finance.
  • Judge the risks and costs of borrowing
  • Use case studies to evaluate financial choices.

 

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • Market Segmentation
  • Mass and Niche Markets
  • USP
  • Branding
  • Added value
  • Price Elasticity of Demand
  • Income Elasticity of Demand
  • Supply
  • Equilibrium
  • Cash-flow forecast
  • Net cash flow
  • Budget Variance

 

Year 13 – Strategy, Growth and Globalisation

Knowledge focus

Theme 3:

  • -Business Objectives and Strategy
  • -Business Growth

Theme 4:

  • -Globalisation
  • -Global markets and business expansion

Key skills

  • Strategic decision-making and evaluation.
  • Judging suitable business strategies for different scenarios.
  • Compare methods of business growth.
  • Analyse global trends and international data.

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • Corporate objectives
  • PESTLE
  • SWOT
  • Corporate Strategy
  • Strategic and tactical objectives
  • Multi-national organisation
  • Protectionism
  • Quota
  • Tariff
  • Trading Bloc

 

Cycle 2

Year 12 – Marketing Mix and Strategy

Knowledge focus

Theme 1: Marketing mix and strategy

  • -Managing People

Theme 2:

  • -Managing Finance
  • -Resource Management

Key skills

  • Analyse marketing decisions using real business examples.
  • Apply the 4P’s to design suitable marketing strategies.
  • Evaluate strengths/weaknesses of promotional methods and pricing choices.
  • Interpret product lifecycle data and suggest improvements.
  • Communicate business ideas using strategic marketing reasoning.
  • Interpret financial statements (income statement and balance sheets)
  • Evaluate financial performance
  • Link financial decisions to objectives
  • Judge operational decisions to improve productivity
  • Solving problems related to capacity, stock and resource use.

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • The Product Lifecycle
  • Marketing Mix
  • Design Mix
  • Distribution Channel
  • Price Skimming
  • Price Penetration
  • Above/Below the line.
  • Gross and Net Profit Margin
  • Internal and External Finance

 

Year 13 – Theme 2- Rural and Urban Risks

Knowledge focus

Theme 3:

  • -Decision-making techniques
  • -Influences on business decisions

Theme 4:

  • -Global marketing
  • -Global industries and companies

Key skills

  • Interpreting and analysing numerical and qualitative data.
  • Using decision-making tools to reach conclusions.
  • Critical thinking around external and internal business pressures.
  • Evaluate decisions based on legislation, ethics, culture and corporate objectives.
  • Compare international marketing strategies.
  • Assess when to use global vs local marketing approaches.

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • Decision Tree
  • Expected Value
  • Critical Path Analysis
  • Float Time
  • Qualitative and Quantitative Decision Making
  • Corporate Culture
  • Business Ethics
  • Global Branding
  • Foreign Direct Investment
  • Outsourcing

 

 

Cycle 3

Year 12 – Managing People

Knowledge focus

Theme 1:

  • -Managing People continued
  • -Entrepreneur and leaders

Theme 2:

  • -Resource Management continued.
  • -External Influences.

Key skills

  • Analyse HR decisions and their impact on performance.
  • Assess leadership and motivational approaches.
  • Evaluate the effect of improving quality or productivity on costs and competitiveness.
  • Recommend solutions to operational issues using logical reasoning.
  • Analyse the impact of economic, legal and competitive changes.
  • Critical thinking when weighing risks and opportunities.

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • Enterprise
  • Risk and Reward
  • Corporate Social Responsibility
  • Stakeholders
  • Shareholders
  • Recruitment
  • Selection
  • Motivation
  • Retention
  • Job Enlargement

Year 13 – Competitiveness

Knowledge focus

Theme 3:

  • -Assessing competitiveness
  • -Managing Change

Theme 4:

  • -Revision time for all themes.

Key skills

  • Interpret performance data using ratios.
  • Compare competitor performance objectively.
  • Use profitability, liquidity and efficiency ratios to assess strengths and weaknesses
  • Analyse causes and effects of change.
  • Evaluating strategies for managing resistance and uncertainty.
  • Condense and organise knowledge.
  • Practice exam-writing techniques.

Assessment

  • Formative assessment strategies used every lesson.
  • Exam style practice- teacher/ student assessed.
  • Formal assessment.

Key Vocabulary

  • Labour Productivity
  • Return on Equity
  • Return on Capital Employed
  • Current Ratio
  • Acid Test Ratio
  • Gearing
  • Incremental Change
  • Delayering
  • Restructuring

 

 

 

For Key Stage 5 Curriculum information please click link here to our Sixth Form Curriculum