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A2 Business Studies at South Wolverhampton and Bilston Academy

Course description

The course is designed to broaden your understanding and knowledge of business and to develop important personal, academic and business skills. 

Course content

Unit 1 - Planning and Financing a Business

Topics include: starting a new venture, the motives, challenges and problems arising from starting a new enterprise. Different legal formats and associated issues. Recruitment and selection with reference to legal and ethical considerations. Financial planning including cash flow forecasting, break-even, budgeting and profitability. The importance of the marketing function in a new business.

Unit 2 - Managing a Business

Topics include: managing an existing business venture with regards to financial management and problem solving. Different organisational structures that are available. Improving workforce effectiveness and motivating employees. Operational management with the emphasis on making decisions linked to quality initiatives and updating technological resources. The marketing concept is further investigated and the importance of using the mix effectively.

Unit 3 - Strategies for Success

Topics include: strategic objectives for the overall direction of a business. Topics can be broken down into the 4 main functional areas including: Financial strategies with the emphasis on setting objectives and assessment of performance. Selecting appropriate marketing strategies and developing marketing plans. Operational strategies with the emphasis on the scale and resource mix to implementation of lean production techniques. Human Resource strategies including workforce planning and managing the employer-employee relationship.

Unit 4 - The Business Environment and Managing Change

Topics include: understanding mission, aims and objectives. Investigate how a business analyses changes in the external environment covering economic conditions, political and legal conditions, social trends and the technological environment. There is also a consideration of the critical relationship between businesses and their competitive environment. Internal causes of change for a business including leadership and cultural differences and the importance of appropriate strategic decisions in various situations.

Entry requirements

5A*- C grades including Maths.

Assessment

Assessment is through written examination.

Future opportunities

This course can lead to a variety of careers such as Teaching, Management, Marketing, PR, Retail, Commercial, Law

Further information

Please contact Mr J Stokes for further information on jstokes@swbacademy.org.uk

How to apply

If you want to apply for this course, you will need to contact South Wolverhampton and Bilston Academy directly.

Last updated date: 19 June 2016
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