Specification

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Specification
(PDF), Last Updated: 19 October 2011
For teaching from September 2011. For examination in Summer 2013.

Specification
(PDF), Last Updated: 22 September 2009
For teaching from September 2009 and 2010. For examination in Summer 2011 and 2012.

Entry Level Business Studies aims to:

make students aware of the important role businesses play in our society;
provide students with experience in a range of business activities;
help students acquire numeracy, literacy, IT and oral communication skills;
prepare students for the experiences, opportunities and responsibilities of adult life
encourage initiative and self-motivation; and
provide opportunities for students to work as part of a team.

There are five units of study, which teachers may deliver in any order they see fit. Each unit and its related topics are summarised below:

Unit	Related Topics
Unit 1: What is Business?	What is business? What does a business do? Who owns a business? Why do businesses exist? What do businesses need? How do businesses affect the community?
Unit 2: Business and Its Customers	How does a business decide what to sell? How does a business set its price? How does a business promote its products? Where does a business sell its products? How does the business look after its customers? What are the safeguards for customers?
Unit 3: Producing Goods and Services	Why does production take place? Where do goods come from? How are goods produced and in what scale? Where are goods produced? How is production changing?
Unit 4: Money and Business	Why do businesses need money? Where does the money come from? How does a business keep a record of its money? How does a business make and receive payments? How are profits calculated?
Unit 5: Working in Business	Why do businesses need people? Where do businesses find the right people? How are people selected for a job and what do employers look for? What rewards do you get for working? What do you need to know about work? How is the pattern of work changing?

More information on the course is available in the full specification.