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"Striving for Excellence through Enterprise"

St. George's Church of England Foundation School

Westwood Road
Broadstairs
Kent CT10 2LH

Tel: 01843 609 000
Tel: 01843 861 696
Fax: 01843 609 001
Email: Click Here

Principal:
K. Rumblo B.A. M.A.
Chair of Governors:
Mr. P. Jordan

Applied Business

(Double Award)

What is Applied Business?

Applied Business is a nationally recognised work-related qualification designed to provide you with a choice of routes into further education or employment.  It is made up of three units.

The Structure of the Applied Business

Unit 1:   Investigating Business

This unit will help you to understand the different types of businesses and their aims, such as make a profit or provide voluntary or charitable services.  You will look at home they organise themselves, the departments that make up a business, what they are called and what their activities are.  You will learn about how outside influences affect the decisions that businesses make, for example the reason why a business locates in a particular place.

Unit 2:   People and Business

One of the most valuable resources of any business is its people.  This unit helps you to understand the roles played by people with different interests in a business and to look in detail at employers and employees.  It helps you to think about workers, about the recruitment and training process and how you might apply for a first job.

Unit 3:   Business Finance

This unit introduces you to business finance.  You will learn to identify the main costs and revenues of a business and how these figures can be included in what is known as a profit and loss account.  You will learn how to estimate future costs and revenues and how to calculate at what point a business starts to make a profit.

What do I need to know or be able to do before taking Applied Business?

You do not need to have studied business before starting the course.  It is important that you have a lively and enquiring mind, an interest in business, a willingness to explore new ideas and an ability to communicate your ideas effectively.

 

Why should I choose this course?

You will:

  • gain an understanding of business
  • investigate the part people play in business
  • have an opportunity to apply learning in a practical and realistic way
  • follow a programme of study that enables progression to further courses and employment in business
  • gain confidence by developing independent learning skills.

How is it graded?

The Applied Business is a double award so is awarded two grades.  The grades will be the summary of your results for each of the three grades for each unit.  These will be reported as A*A* through to GG depending on how well you have done in each of your three units.

What assessments will I do?

During the course you will carry out a number of assignments based on Units 1 and 2.  In Unit 1, for example, you could be a consultant who has been asked by a local company to look at possible opportunities and problems the company might face in the future and write a report for the management.  For Unit 2 you might take the part of a manager interviewing a school leaver for a job and record your involvement.

After completing your assignment your teacher will mark your work.  During your course you will build up a folder (portfolio) containing your work for Units 1 and 2.  This portfolio will count towards your final grade.  As part of your course you will take a written exam paper based on Unit 3, set and marked by Edexcel.  The mark for your written exam will also count towards your final grade.

What courses or employment can I progress to at the end of my course?

Students gaining a GCSE in Applied Business will have access to a range of career and further education opportunities.  You will use a variety of skills throughout the course, including collecting, interpreting data, communicating your findings in different ways, and identifying and developing the links between different parts of the subject.  These skills are in great demand and are recognised and highly valued by employers and colleges.  The options open to you depend on the results achieved and your own interests.

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