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6th Form Curriculum Guide - Year 12 Business Studies
Term 1Unit 1 Exploring Business   
A business is any activity that provides goods or services, whether that is to make a profit or not. The common thread in business is that owners and employees are striving to satisfy customers. Nowadays, customers are more informed and have more options in terms of what they buy and who they buy from, so a successful business is one that balances satisfying their customers with selling products or providing services. In this unit, you will gain an overview of the key ingredients for business success, how businesses are organised, how they communicate, the characteristics of the environment in which they operate, and how this shapes them and their activities. You will also look at the importance of innovation and enterprise to the success and survival of businesses, with the associated risks and benefits. By developing relevant business knowledge and understanding, this unit will help you to progress to employment, vocational training and higher apprenticeships, or higher education.
Assessment: A Explore the features of different businesses and analyse what makes them successful B Investigate how businesses are organisedKey Words and Terms
Term 2Unit 1 Exploring Business   
C1 External environment C2 Internal environment C3 Competitive environment C4 Situational analysis D1 Different market structures D2 Relationship between demand, supply and price D3 Pricing and output decisions E1 Role of innovation and enterprise E2 Benefits and risks associated with innovation and enterprise
Assessment: C Examine the environment in which businesses operate D Examine business markets E Investigate the role and contribution of innovation and enterprise to business success.Key Words and Terms
Term 3Unit 3: Personal and Business Finance   
Unit 3 Personal Finance Learners study the purpose and importance of personal and business finance. They will develop the Skills and knowledge needed to understand, analyse and prepare financial information. Learning Aim A-Understand the importance of managing personal finance Topics Covered: -Functions and Role of Money -Different ways to pay -Current Accounts -Managing Personal Finance Learning Aim B-Explore the personal finance sector Topics Covered: -Features of financial institutions -Communicating with customers -Consumer protection in relation to personal finance -Information and guidance Learning Aim C Understand the purpose of accounting Topics Covered: -Purpose of accounting -Types of income -Types of expenditure
Assessment: Unit 3 Summer examKey Words and Terms
Term 4Unit 3: Personal and Business Finance  
Learning Aim D-Select and evaluate different sources of business finance Topics Covered: -Sources of finance Learning Aim E- Break-even and cash flow forecasts Topics Covered: -Cash flow forecasts -Break Even Analysis Learning Aim F-Complete statements of comprehensive income and financial position and evaluate a business's performance Topics Covered: -Statement of comprehensive income -Statement of financial position -Measuring profitability -Measuring liquidity -Measuring efficiency -Limitations of ratios
Assessment: Unit 3 Summer examKey Words and Terms
Term 5Unit 3: Personal and Business Finance  
Assessment: Unit 3 Summer ExamKey Words and Terms
Term 6Unit 2: Marketing Campaign   
A Introduction to the principles and purposes of marketing that underpin the creation of a rationale for a marketing campaign A1 The role of marketing A2 Influences on marketing activity
Assessment: Practice Marketing Campaign assignmentKey Words and Terms