Year 10 Introduction to Small Business
Overview: Compulsory unit that is externally assessed the final year of the GCSE .
This unit contains five topics:
- spotting a business opportunity
- showing enterprise
- putting a business idea into practice
- making the start-up effective
- understanding the economic context.
Overview of assessment
External examination: 45 minutes
Compulsory multiple-choice and objective test questions with a total of 40 marks
Unit 2 Investigating a small business has the same content as Unit 1. Students are given the opportunity to write a business report on a topic set by the examination board applying their skills through a controlled assessment. In the summer term of Year 10 students start the research and investigation process, gathering the required information.
This unit is internally assessed under controlled conditions.
Students complete one Edexcel-set task with a total of 40 marks.
Research/investigation – approximately two weeks of curriculum of time (a maximum of six hours).
|Term 1||Term 2||Term 3|
|1.1 Spotting a business opportunity
1.2 showing enterprise
|1.3 putting a business idea into practice
1.4 making the start up effective
|1.5 understand the economic context
2 Investigating small business (controlled assessment preparation)
Overview: Analysis/evaluation of task (final write-up) – approximately one week of curriculum time (a maximum of three hours).
The task is internally marked by teachers and moderated by Edexcel.
|Term 1||Term 2||Term 3|
3.2 Meeting customer needs
|3.3 Effective financial management
2 Controlled Assessment
|3.4Effective people management
3.5 The wider world affecting business
|Assessment: Pupils are assessed each lesson via different learning techniques. Formal assessments are either questions that require short answers or statements that require an essay style answer. Pupils are tested through key skills and are measured on how well they can express knowledge, apply their knowledge to case study information, express understanding, analyse and evaluate.|
Unit 1: Introduction to Small Business Examination (Summer Year 11 – 25%)
Controlled Assessment final submission deadline March 2017
Unit 3: Building a Business Examination (Summer Year 11 – 50%)
A variety of activities are set in business studies. Such as, multiple choice questions, extended examination questions, full examination papers (where possible), research and investigations, essays, extended answers, project work and revision.
GCSE Business studies – students have been provided with a course companion exercise book, one for Year 10 and one for Year 11.
Access to a small business is beneficial when completing their controlled assessment as primary research is essential.
- BBC economics news: www.bbc.co.uk/news/business/
- Sky business news: http://news.sky.com/business
- Guardian business and economics: www.theguardian.com/business/
|5 ways I can help my son/daughter|
|1||Talk to your child about what they have been studying in school. Ask them to explain key concepts to you. Their GCSE business book has lots of information that you could use to guide you. A level students have notes and should be developing their glossary.|
|2||Debate topical issues about business & the wider economy, demonstrating a balanced argument.|
|3||Watch the news and read news articles about business and the wider economy with your child asking them questions that check they have understood the report and ask them to give their opinions.|
|4||Encourage them to read around the subject.|
|5||Talk to them about their progress and attainment.|