Business

Why study Business?

The subject content enables learners to investigate different types and sizes of organisations in various business sectors and environments, drawing on local, national and global contexts, including data which relates to the Welsh business environment. Learners will develop a holistic understanding of business and enterprise and be aware of the opportunities and threats of operating in a global marketplace. Learners will also be expected to be familiar with current issues in business and be able to investigate, analyse and evaluate contemporary business opportunities and problems in a wide range of contexts, whilst recognising how businesses adapt to operate in a dynamic business environment.

They will gain an understanding of the important role played by small businesses in the economy of Wales and the rest of the UK. In addition, learners will identify the opportunities that exist for entrepreneurs, as well as the importance of established business and not-for-profit organisations in providing goods and services. As well as broadening knowledge and understanding, learners will be required to apply a number of analytical techniques, including decision-making models, investment appraisal tools and ratio analysis, to investigate business opportunities and problems to determine business strategy in a range of contexts.

There is also a numeracy element in which learners will be expected to use a range of numerical skills and make justifiable decisions using both quantitative and qualitative methods and applying them in a business context.

Monmouth School for Boys and Monmouth School for Girls currently follow a different specification.

Heads of Department: Ms M Attrill (Girls), Mr K Madsen

Further details of Business at Monmouth School for Boys
Further details of Business at Monmouth School for Girls

 

Course content

Monmouth School for Girls
Board: Eduqas   A level syllabus code: A510QS

Monmouth School for Boys
Board: WJEC   A level syllabus code: 601/5238/2

Business planning Market research Business structure
Marketing Finance People in organisations (human resources)
Operations management Sales forecasting Analysing financial performance
Strategy and implementation Decision-making models Risk management
International trade Globalisation The European Union

Method of assessment

Assessment in Business is structured through four main types of questions:

  • Structured Short Answer Questions
  • Data Response Questions
  • Case Studies
  • Essay Questions