Enterprise is an important part of the business sector and plays a major role in the UK’s global economic status. The role of entrepreneurs is to help create wealth for the nation and its citizens through the creation of enterprises that innovate and grow the economy. There are nearly 5 million such businesses in the UK, employing around 14.4 million people. The Business curriculum at Friesland is designed to enable students of all abilities to succeed, to develop their entrepreneurial skills and gain a broad understanding of business in the real world. By offering both vocational and academic courses students are able to learn key business concepts through a range of different teaching and learning methods. Students will consider the practical application of business concepts. They will have opportunities to explore theories and concepts in the most relevant way, through the context of events in the business and economic world.
Through KS4 and KS5 students will apply their knowledge and understanding to different business contexts ranging from small enterprises to large multinationals and businesses operating in local, national and global contexts. Students are given the opportunity in year 8 to gain experience of KS4 Business by offering taster sessions prior to the options process. They will develop an understanding of how these contexts impact on business behaviour. Using practical business examples students will apply their knowledge and understanding to business decision making including:
- the interdependent nature of business activity, influences on business, business operations, finance, marketing and human resources, and how these interdependencies underpin business decision making
- how different business contexts affect business decisions
- the use and limitations of quantitative and qualitative data in making business decisions.
The overall aim of the Business department is to develop the skills and knowledge of students in a business context. Having studied Business at Friesland all students will:
- use business terminology to identify and explain business activity
- apply business concepts to familiar and unfamiliar contexts
- develop problem solving and decision making skills relevant to business
- investigate, analyse and evaluate business opportunities and issues
- make justified decisions using both qualitative and quantitative data including its selection, interpretation, analysis and evaluation, and the application of appropriate quantitative skills.
In Key Stage 4 students study either GCSE Business or BTEC Tech Award in Enterprise. By offering both a vocational and academic qualification it allows students of all abilities to learn the key business concepts and apply their knowledge to real life business examples; whilst also developing their analysis and evaluation skills. Students learn about the four main functional areas of business; marketing, finance, operations and human resources and how these contribute to the business as a whole. Students also learn about different influences on the success of a business including; technology, the government, the economy and other external influences. Students studying the BTEC Tech Award cover three units; two of which are assessed through coursework, one by an external exam. Students are continuously assessed via their coursework tasks and practice exam questions. GCSE students are given regular topic assessments that allow them to develop the skills to respond to the range of exam question command words, for example; discuss, outline, explain, analyse.
At Key Stage 5 all students study A level Business. By taking a holistic approach to the subject, students are able to demonstrate the interrelated nature of business using business models, theories and techniques to support analysis of contemporary business issues and situations to provide a dynamic specification. The course content is designed to engage students through topics and issues that are relevant in today’s society – they study key contemporary developments such as digital technology and business ethics, and globalisation is covered throughout the topics.