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Sixth Form: Business Studies

Updated: Thu 5 Jul 2018   Share: Share on facebookShare on TwitterShare on MySpaceShare by Email

Business Studies

 

Course Title

Department

Subject Leader

Business Studies

Business Education

Mr G Williams

 

 

 

 

Course Information

Assessment Outline

At the end of year 13 there are 3 exam papers, each lasting 2 hours.

Paper 1 –cover all topics: Three compulsory sections: •• Section A has 15 multiple choice questions (MCQs) worth 15 marks. •• Section B has short answer questions worth 35 marks. •• Sections C and D have two essay questions (choice of one from two and one from two) worth 25 marks each.

Paper 2 – covers all units. Three data response compulsory questions worth approximately 33 marks each and made up of three or four part questions.

Paper 3 – covers all units. One compulsory case study followed by approximately six questions.

 

Topics include: 1 What is business? 2 Managers, leadership and decision making. 3 Decision making to improve marketing performance. 4 Decision making to improve operational performance. 5 Decision making to improve financial performance. 6 Decision making to improve human resource performance. 7 Analysing the strategic position of a business. 8 Choosing strategic direction.  9 Strategic methods: how to pursue strategies. 10 Managing strategic change.

 

Assessment Objectives

The exams will measure how students have achieved the following assessment objectives.

•• AO1: Demonstrate knowledge of terms, concepts, theories, methods and models to show an understanding of how individuals and organisations are affected by and respond to business issues. •• AO2: Apply knowledge and understanding to various business contexts to show how individuals and organisations are affected by and respond to issues.
•• AO3: Analyse issues within business, showing an understanding of the impact on individuals and organisations of external and internal influences.
•• AO4: Evaluate quantitative and qualitative information to make informed judgements and propose evidence-based solutions to business issues.

Key Skills in this task

Reading and making sense of financial performance key terms and creating a power point drawing on real world data about two British public limited companies’ performance.

Bridging Task

Task Outline

Bridging project GCSE to A level Business Studies Summer 2017

Find out what the following key terms and ratios mean and write them up in note form and create a power point about the financial performance of two British public limited companies operating in the same sector e.g. Tesco vs Sainsbury or British Airways vs Easyjet and bring a hard copy of your efforts to your first lesson.

Key terms to write up and understand:

•             Revenue (aka Sales aka Turnover)

•             Cost of goods sold (aka direct costs)

•             Gross profit

•             Indirect costs

•             Net profit

•             Profit before interest and tax

•             Interest

•             Corporation tax

•             Dividends

•             Retained profit

•             Gross Profit margin

•             Net Profit margin

•             Return on capital employed

•             Share

•             Dividend

•             Earnings per share

•             P/E ratio

Power Point content:

1.            Cover slide with your name and the title of the power point e.g. a comparison of the financial performance of two companies: X and Y; date.

For each of the following slides please include a simple comment on how well both firms are doing and which firm is doing better over the period

2.            Five year revenue trends

3.            Five year gross profit tends

4.            Five year pbit (profit before interest and tax)

5.            Five year retained profit

6.            Five year dividend payments and dividend yield https://www.tutor2u.net/business/reference/shareholder-ratios-revision-presentation

7.            Five year share price trends. https://uk.finance.yahoo.com/quote/TSCO.L/?p=TSCO.L

8.            Overall conclusion: the winner is plus what you think might explain the difference between the two companies.

Sources to use:

https://www.tescoplc.com/investors/reports-results-and-presentations/financial-performance/five-year-record/

For explanations of the key terms and ratios see:

https://www.tutor2u.net/business/blog/aqa-a2-business-buss3-key-term-glossary

Ratios

https://www.tutor2u.net/business/blog/aqa-buss3-the-formula-for-each-ratio

Marking Criteria / Assessment Method

1.            All key terms are defined correctly

2.            All slides included in the power point including secondary data about two UK plc’s and a comment per slide about how well the firms are doing compared with each other and over time.