| Term 1 | Topic 1.1 Enterprise and entrepreneurship | |
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| Students are introduced to the dynamic nature of business in relation to how and why business ideas come about. They also explore the impact of risk and reward on business activity and the role of entrepreneurship. |
| Assessment: Students will sit an EOU Assessment based on exam questions. The areas assessed will be:
- The dynamic nature of business
-Risk and Reward
-The role of business enterprise | Key Words and Terms |
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| Term 2 | Topic 1.2 Spotting a business opportunity | |
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| Students will explore how new and small businesses identify opportunities through understanding customer needs and conducting market research. They will also focus on understanding the competition. |
| Assessment: Students will sit an EOU Assessment based on exam questions. The areas assessed will be:
-Customer needs
-Market Research
-Market Segmentation
-The competitive environment | Key Words and Terms |
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| Term 3 | Topic 1.3 Putting a business idea into practice | |
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| This topic focuses on making a business idea happen through identifying aims and objectives and concentrating on the financial aspects. |
| Assessment: Students will sit an EOU Assessment based on exam questions. The areas assessed will be:
-Business aims and objectives
-Business revenues, costs and profits
-Cash and cash-flow
-Sources of Business Finance | Key Words and Terms |
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| Term 4 | Topic 1.4 Making the business effective | |
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| Students will explore a range of factors that impact on the success of the business, including location, the marketing mix and the business plan. |
| Assessment: Students will sit an EOU Assessment based on exam questions. The areas assessed will be:
- The options for start-up and small businesses
-Business Location
-The marketing mix
-Business Plans | Key Words and Terms |
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| Term 5 | Topic 1.5 Understanding external influences on business | |
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| Students are introduced to a range of factors, many of which are outside of the immediate control of the business, such as stakeholders, technology, legislation and the economy. Students will explore how businesses respond to these influences. |
| Assessment: Students will sit an EOU Assessment based on exam questions. The areas assessed will be:
-Stakeholders
-Technology and business
-Legislation and business
- The economy and business
-External influences | Key Words and Terms |
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| Term 6 | End of Year Examination and Topic 2.1 Growing the business | |
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| The end of Year 10 examination is based on all Theme 1 content from Terms 1-5
Teaching will then commence of Theme 2.1 Growing the business:
Students are introduced to methods of growth and how and why business aims and objectives change as businesses evolve. The impact of globalisation and the ethical and environmental questions facing businesses are explored. |
| Assessment: Students will sit a Mock Exam on all the content covered in Theme 1. | Key Words and Terms |
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