Topic: Component 3: Business in a Changing World | BUSINESS Y2

Topic outline

Component 3: Business in a Changing World

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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.
- Link to COMP 3 notes from EDUQAS URL
- How to structure essays File
- Change
- Risk management
- PEST factors
- ELE factors
- International trade
- Globalisation
- The European Union
- Exam Support Materials
  
  You can access past papers in this section.
  
  PLEASE NOTE: You can also use the old style exam papers when practicing exam technique.
  
  The old BS3 papers are useful when preparing for COMP3 Section A;
  
  Section A of the old BS4 papers are useful when preparing for COMP2;
  
  Section B of the old BS4 papers are useful when preparing for COMP3 Section B (but only for the more challenging part B of the essays you have to answer).
  
  Use the link below to access the old BS3 and BS4 papers.