You will learn how a business might evolve. From a small start-up business to a large multinational organisation, you will consider a range of different business types and gain an understanding of how the choice of business type might affect the objectives that are set.
You will also look at the internal workings of businesses, including their internal structure and how different functional areas work together.
Plus, by looking at the external constraints under which a business must operate, you will gain an understanding of the legal, financial and ethical factors that have an impact.
You will also explore ways in which businesses respond to changes in their economic, social and technological environment; and gain an appreciation of the influence different stakeholders can have upon a business.
The course is made up of three mandatory units and three optional units.
Mandatory Units:
Unit 1: The business environment
Unit 2: Working in business
Unit 4: Customers and communication
Optional Units
Three optional units will be chosen from the following: business decision, marketing and market research, marketing strategy, business operations, responsible business practices, marketing campaign, introduction to human resources, human resources, economics for business, accounting concepts, financial accounting, management accounting, resource management, change management, principles of project management, responsible business practices, international business and business events.
(Exam board: OCR)
(Specification code: 05835)