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BUSINESS STUDIES

EXAM BOARD: WJEC

What does the course involve:

By studying WJEC AS/A Business, the subject content enables learners to investigate different types and sizes of organisations in various business sectors and environments, drawing on local, national and global contexts. Units 1 and 2 will be examined in Year 12.

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FOR STUDENTS 

INTERESTED IN:

  • The world of work and how business operates

  • How businesses work with their markets and serve customers effectively

  • Exploring business through research and investigation

AS Unit 1: Business Opportunities

15%

Content: Enterprise, Business plans, Markets, Market research, Business structure, Business location, Business finance, Business revenue and costs, Business opportunities, Start-ups, SMEs, and other types of business organisations and the markets in which they operate. Written exam: 1 hour 15 mins. 60 marks. Short answer and structured questions. 

AS Unit 2: Business Functions

25%

Content: Marketing, Finance, People in organisations (human resources), Operations management. Written exam: 2 hours. 80 marks. Data response, plus structured questions.

A Level Unit 3: Business Analysis & Strategy

30%

Content: Data analysis, Market analysis, Sales forecasting, Analysing financial performance, Analysing non-financial performance, Aims and objectives, Strategy and implementation, Decision-making models, Investment appraisal, Special orders, Business strategy and analytical techniques used in the business decision-making process. Written exam: 2 hours 15 mins. 80 marks. Data response, plus structured questions.

A Level Unit 4: Business in a Changing World

30%

Content: Change, Risk management, PEST factors, Ethical, legal and environmental factors, International trade, Globalisation, The European Union. Written exam: 2 hours 15 mins. 80 marks. Case study and questions, plus one essay from a choice of three. Covers the full A level content.

POSSIBLE 

CAREER PATHS:

  • Finance, insurance or banking

  • Starting your own business

  • Marketing, advertising and human resources

  • Project management and administration

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