what is the difference between running a small business and a large international one? how do...
TRANSCRIPT
What is the difference between running a small business and a large international one?
How
do
bu
sinesse
s obje
ctives
an
d
goals?
How do businesses set their
strategies? What are their
objectives and goals?
How do they stay competitive?
How do they manage their
finances and accounts?
What makes these entrepreneurs successful?How do new businesses start up?How can a new business raise finance?
How do government policies impact
on business?
What is the impact of the credit
crunch – what will businesses do
differently?
How do they manage change?
How do departments like Marketing, Sales or Production operate?How do businesses recruit and
train their staff?
Hopefully you will gain the qualifications you need to embark on the career of your choice, but will
you have the business skills necessary to make your career a success, or will you have the extra edge that will get you your dream job?
Business Studies is one of the most varied and diverse subjects available and combines well with Maths, Science, English, Humanities and others!
BUSINESS STUDIES
The course has been designed to provide an understanding of how modern businesses work today. It looks internally at how businesses are set up and run and externally at how the economic environment impacts on business.
AS level focuses on the set up and running of a brand new business.
A2 concentrates on large companies that operate nationally and internationally.
The units studied are as follows:
Unit 1: Planning and Financing a Business Unit 2: Managing a Business
Unit 3: Strategies for Success Unit 4: The Business Environment and Managing Change
BUSINESS SKILLS
UNIT 1 PLANNING AND FINANCING A BUSINESS
1.1 . Starting a business
1.2 . Financial planning
Examined in Jan of year 1
UNIT 2 MANAGING A BUSINESS
2.1 Finance
2.2 People in business
2.3 Operations management
2.4 Marketing and the competitive environment
Examined in May of Year 1
STUDIED IN A2
UNIT 3 STRATEGIES FOR SUCCESS
1. Functional Objectives and Strategy 2. Financial Strategies and Accounts 3. Marketing Strategies4. Operational Strategies5. Human Resource Strategies
Examined in Jan of year 2
UNIT 4 THE BUSINESS ENVIRONMENT AND MANAGING CHANGE
6.Corporate Aims and Objectives7.Assessing Changes in Business Environment8.Managing Change
Examined in Jun of year 2