Business and Enterprise
In KS3, students should begin to learn about what it means to be enterprising. Entrepreneurship in the curriculum helps students to enhance their soft skills and prepare them for the world of work.
In KS4, students should to develop a wider understanding of enterprise and the elements that make enterprises work successfully. Students will learn about the reasons for the existence of different enterprises and how they can be categorised according to size. Then should they begin to consider a number of ideas before developing a plan for a realistic micro-enterprise activity.
Students will explore the different promotional methods used by enterprises and the factors that influence how enterprises identify and target their market.
They will also assess and analyse financial information in an enterprise context to monitor the performance of an enterprise and use strategies to improve its performance. They will set up an enterprise, and learn how to fund it and operate it. Finally they should develop evaluation and presentation skills.
A1 What is business?
A2 Targeting and segmenting
A4 Financial choices
B1 Enterprise skills
Influences on Business
C1 Ethical influences
C2 Environmental influences
C3 Economic influences
A1 – A3 What is an enterprise?
B1 Customer needs
B2 Market research
C2 External factors
C4 Measuring the success of a SME
A2 Plan a micro-enterprise activity
Risk assessment and contingency plans
B2 Presenting a business pitch
Completion of C1
C3 Promotion and Finance for enterprise (examined in January)
A1 – A2 The promotional mix and the market
B4 – B7 Financial statements, profitability and liquidity
C1 – C5 Cash flow, financial forecasting, break-even and business finance
BTEC course – BTEC Tech Award in Enterprise. Level1/Level 2 (Pearson)