KS4 Business

A GCSE in Business equips students with the skills and confidence to explore how different business situations affect decision-making. Students will develop their understanding of business concepts, objectives and terminology, and the impact of contemporary issues on business operations.

Specification code: J204
Qualification number: 603/0295/1
Students have 3 lessons per week.

Exam board

OCR https://www.ocr.org.uk/qualifications/gcse/business-j204-from-2017/

Students are assessed through two exam paper which are worth 50% each. Both exams have a duration of 90 minutes. They have fifteen multiple questions and three extended answer questions. The total mark for each paper is 80. Below is an outline of what is taught for each paper.

1           Business activity, marketing and people This component will assess: 

Students are introduced to business concepts and issues concerning the activities of a business. They explore the purpose and role of a business from spotting an opportunity through to the growth of an established business. They also look at the role of marketing and human resources.

Term

 

Title

Content

Autumn

 

 

1

Business Activity 1

The role of business enterprise and entrepreneurship

Business Planning

Business ownership

 

 

2

Business Activity 2

Business Aims and Objectives

Stakeholders in Business

Business Growth

Spring

1

 

Marketing 1

The role of marketing

Market research

2

Marketing 2

Market segmentation

The marketing mix

Summer

1

People 1

The role of human resources

Organisational structures

Communication in business

2

 

People 2

Recruitment and selection

Motivation and retention

Training and development

Employment law

2           Operations, finance and influences on business This component will assess: 

Students take a closer look at the role of operations and finance in business activity. Operations include production processes, quality of goods and services, customer service, and working with suppliers. Finance covers its role, its sources, costs, profit and loss, cash and cash flow. They also explore how business responds to external influences, such as ethical and environmental considerations, the economic climate and globalisation, and the interdependent nature of business.

Term

 

Title

Content

Autumn

 

 

1

Operations 1

Production processes

Quality of goods and services

The sales process/ customer service

2

 

 

Operations 2

Consumer law

Business location

Working with suppliers

Spring

1

 

 

Finance 1

The role of the finance function

Sources of finance

Revenue, costs, profit, loss

2

Finance 2

Break-even

Cash and cash-flow

Summer

1

 

 

Influences on business

Ethical and environmental considerations

The economic climate

Globalisation 

 

 

2

 

 

The interdependent nature of business

Looking back on all the topics

 

Outside the classroom

Pupils are encouraged to read the financial time and explore the London stock exchange website. They should also listen to or read about current affairs programmes where business affairs ore often discussed.

Progression pathways and careers

The GCSE business qualification opens up a world of possibilities in regards to both job prospects and future Level 3 qualifications.  This course can lead onto traditional A levels and vocational equivalents. It will also equip you with life skills that will stand you in good stead for any future job. Business supports a number of further education and career pathways and is sound support to students intending to study medicine, law, engineering as many of these professions lead to business ownership or management.

Useful links

https://www.londonstockexchange.com/

https://www.gov.uk/government/organisations/companies-house


Contact

Ms Ashley Sackey, Head of Economics and Business

sackeya@hendonschool.co.uk

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