Business

Key Stage 4

GCSE BUSINESS

Exam Board and Syllabus

Edexcel GCSE (9-1) Business

Business is a new and exciting subject to students at Key Stage 4. It enables them to develop a vital understanding of business activity, finance and the wider economic world. Business offers a varied and interesting syllabus which will help you gain an insight into the world of business and also appreciate the factors affecting you at work.

Programme of Study

Business activity influences our everyday life in many ways. The course offers students the chance to learn how businesses are set up and grow; how businesses are marketed to their potential customers; how they are funded and manage their finances; how to recruit, motivate and train staff; how businesses produce and assess the quality of goods, the impact of technology and the importance of customer service.

Learning/Teaching Approach

Students will cover a variety of topics such as:

  • Business in the real world

  • Influences on business

  • Business operations

  • Human resources

  • Marketing

  • Finance

Assessment

There are two written papers that will both be sat at the end of Year 11.

The assessment structure is shown below:

Paper 1 (Small business) Paper 2 (Big business)
Enterprise and entrepreneurship Growing a business
Spotting a business opportunity Making marketing decisions
Putting a business idea into practice Making product decisions
Making the business effective Making financial decisions
Understanding external influences on a business Making human resource decisions
  • Written exam: 1 hour 30 minutes

  • 90 marks

  • Paper 1 and 2 both equate to 50% of GCSE

    Questions

  • Section A has multiple choice and short answer questions worth 35 marks.

  • Section B has questions based on business context. The questions may include calculations and questions based on analysis. This section has both short and longer questions worth 30 marks.

  • Section C has questions based on business context. The questions may include calculations and questions based on justification and evaluations. This section has both short and longer questions worth 30 marks.

    What it leads to

    Business should give students a good understanding of the business world, what affects it and how it affects the individual. It will also give students an awareness of how the world of work could affect them in their future careers.