
Students will investigate start-up businesses, small and medium enterprises and multinational corporations.
Component One - business opportunities and functions
Learners will need to study the content areas below:
enterprise; business plans; markets; market research; business structure; business location; business finance; business revenue and costs; marketing; finance; people in organisations (human resources); operations management.
Component Two - business analysis and strategy
Learners will need to study the content areas below:
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.
Component Three – business in a changing world
Learners will need to study the content areas below:
change; risk management; pest factors; ethical, legal and environmental factors; international trade; globalisation; the European Union.
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