Standard Grade

Business Management

AIM OF COURSE 

Business is a key dimension of modern society.   Business Management aims to develop skills and knowledge in students which will develop an appreciation of the business world in which they live and the factors which contribute to economic prosperity.  These skills and knowledge will allow them to access, understand and contribute to the business environment.

COURSE CONTENT

The course covers four areas of study which should allow students to explore business management through a series of enquiries which incorporate Marketing, Human Resources, Operations and Finance.

Area of Study 1 focuses on how businesses are organised, on ownership, enterprise and entrepreneurship with an emphasis on local businesses.

Area of Study 2 looks in more depth at the 4 areas above and their role in organisations.   Competition, risk, growth and failure are examined.

Area of Study 3 concentrates on the management of resources, stressing the importance of people, of quality and also external factors which affect businesses. 

Area of Study 4 highlights the role of management, in particular how management makes decisions and the consequences of their decisions.

Throughout the course, opportunities are given for students to acquire skills and confidence in the use of information technology to handle, present, and interpret data in realistic business contexts.

ASSESSMENT

Pupils are assessed in 3 areas. 

1. Knowledge and Understanding  and Decision Making are assessed externally in papers using stimulus materials based on realistic data.  

2. Practical Abilities are assessed internally using a CDRom containing a business simulation on which a series of tasks are to be completed.