BUSINESS Y2
Topic outline
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Welcome back to business!The second year of this course will further develop your enthusiasm for studying business. It will consolidate and build on your learning from the first year of the course. You will develop an understanding of how to use analytical techniques and appropriate business strategies. You will also investigate how businesses adapt to succeed in a dynamic external environment and develop an understanding that the business world never stands still.
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In addition to your recommended textbook: "Business Studies 4th Edition" by Hall, Jones, Raffo and Anderson, wider reading of Business and current affairs is essential. Regularly read a reputable newspaper (broadsheets) to enable you to take part in class discussion and see the subject come to life.
Also, here is a list of recommended titles for wider reading.
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Written examination: 2hours 15minutes
33⅓ % of qualification
FOR FIRST YEAR PAST PAPERS AND EXAM SUPPORT MATERIALS CLICK HERE
FOR FIRST YEAR LESSON RESOURCES AND 50/50 CLICK HERE
FOR PAST AS PAPERS CLICK HERE - (NOTE AS COMP2 INCLUDES ESSAY QUESTIONS THAT WON'T BE ON THE A LEVEL COMP1 PAPER, SO JUST LOOK AT THE DATA RESPONSE QUESTIONS)
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Written examination: 2hours 15minutes
33⅓ % of qualification
This component builds on the theory introduced in Component 1. The emphasis in this component is on understanding and using analytical techniques and developing appropriate business strategies.
You need to understand, construct and analyse a range of decision-making models and investment appraisal methods used by businesses to decide on their strategy.
You need to develop analytical skills to investigate businesses opportunities and problems in a number of different contexts and evaluate a range of quantitative and qualitative data to suggest possible strategic responses from businesses.
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Written examination: 2hours 15minutes
33⅓ % of qualification
This component focuses on how businesses adapt to succeed in a dynamic external environment. You need to understand that the business world never stands still and there are continuous opportunities and threats to businesses of all sizes.
You need to understand that regardless of size, businesses now operate in a global marketplace and they need to consider a wide range of external factors that affect their day-to-day activities, decision-making and strategy.
You will be required to integrate the knowledge, understanding and skills developed in all 3 components to display an holistic understanding of business activity and the environment in which they operate.
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