Topics covered in S3 Business Management include:
Business in Action
Influences on Business
Marketing
Operations
Finance
Human Resources
The units studied within this National 3 Business course include:
| Business in Action |
Business name and ownership Skills and attributes of the owner Sources of finance Sources of advice Different types of small businesses |
| Influences on Business |
Budgets Recruitment Methods of training Internal stakeholders Business competitors Economic issues Environmental issues Government legislation |
The units studied within this National 4 Business course include:
| Business in Action |
How small businesses operate Satisfying customer needs Marketing Human Resources Operations Finance |
| Influences on Business |
Stakeholders Finance (Cash Budgets, Breakeven, Job Costing) Employees External influences (legislation, environmental, ethics, technology, competition, economic, external stakeholders) |
For N4 level, assessment takes the form of unit assessments in the above topics plus an Added Value Unit based on a local business of the pupil’s choosing.
Useful Links https://www.bbc.co.uk/bitesize/subjects/z8xsr82
The topics studied within this National 5 Business Management course include:
- Understanding Business (Role of business in society, customer satisfaction, types of business organisations, objectives, internal and external factors, stakeholders)
- Management of Marketing (Customers, market research, marketing mix, product, price, place, promotion, technology)
- Management of Operations (Suppliers, inventory management, methods of production, quality, ethical and environmental, technology)
- Management of People (Recruitment and selection, training, motivating and retaining, legislation, technology)
- Management of Finance (Sources of finance, breakeven, cash budgeting, income statements, technology)
For N5 level, assessment takes the form of an assignment based on a local business plus a final exam.
Useful Links - https://www.brightredbooks.net/subjects/n5busmgmt || https://www.bbc.co.uk/bitesize/subjects/zd6fcdm
The topics studied within this Higher Business Management course include:
- Understanding Business (Role of business in society, types of organisations, objectives, methods of growth, external factors, internal factors, stakeholders, structures, decision making)
- Management of Marketing (Customers, market research, marketing mix, product, price, place, promotion, people, process, physical evidence, technology)
- Management of Operations (Inventory management, methods of production, quality, ethical and environmental, technology)
- Management of People (Workforce planning, training and development, motivation and leadership, employee relations, legislation, technology)
- Management of Finance (Sources of finance, cash budgeting, financial statements, ratios, technology)
Useful Links - https://www.brightredbooks.net/subjects/higherbusiness || https://www.bbc.co.uk/bitesize/subjects/zw26n39
The topics studied within this Advanced Higher Business Management course include:
- The external business environment (Global business, current issues)
- The internal business environment (Management, leadership, teams, time and task management, managing change, equality and diversity)
- Evaluating business information (Research, analytical techniques, evaluating financial and other information)
Useful Links https://scholar.hw.ac.uk/vle/scholar/session.controller?action=viewCourse&ID=3A0FCD1A-CCD3-B884-E575-D5DBA58010DD
