It is very likely that students will one day end up working in a business of some kind; some will run their own business. Knowing and understanding how businesses work will give benefits both at an interview and while doing the job. Knowing how your job fits into the organisation will help you perform better and enjoy it more. If you are interested in the world of business then this would also be a good reason to do the course.
The course is fairly wide-ranging in content and lays the foundations for further study in both Business Studies and Economics at A’ level and beyond. It would be equally beneficial, in its own right, for any future career. While business theories are looked at, they can be easily understood just by looking at commercial organisations around us; lots of case studies help bring the theories to life. Much of the study is done in the context of running your own local, small business.
SMSC IN BUSINESS STUDIES
Business Studies allows a lot of discussion about SMSC throughout the syllabus. Many typical exam questions allow the students to make a recommendation and then justify it with a balanced argument. Often this involves students balancing ethical and environmental issues against cost and profit thereof.
SPIRITUAL DEVELOPMENT IN BUSINESS STUDIES
Students are encouraged to explore sexism, racism and discrimination throughout the discussion of employment and advertising laws and the impact on businesses. Students are encouraged to express their own opinion through discussion. They explore their own feelings and reflect upon topics such as ethics. Students are encouraged to consider the advantages and disadvantages of running an ethical business. Through exploring Maslow’s Hierarchy of needs, students learn to appreciate that giving an employee more responsibility will fulfil their self-actualisation needs. This will in turn lead to a more productive, spiritually healthy employee.
MORAL DEVELOPMENT IN BUSINESS STUDIES
Students explore the importance of Business Ethics when businesses out-source production to countries with poor human rights. Students also consider how the government tries to deal with environmental problems through advertising, labelling and education. Students are encouraged to draw on their own experiential knowledge to distinguish between right and wrong. They learn to appreciate the importance of the role the Advertising Standards Authority play in ensuring that all advertising adheres to certain moral standards. Students are expected to demonstrate a willingness to express their views on ethical issues by discussing topics such as child labour, use of sweat shops, fair trade and animal testing within businesses.
SOCIAL DEVELOPMENT IN BUSINESS STUDIES
Students are encouraged to develop their team working skills through collaborative work and research on mini projects involving looking for a gap in the market by focusing on the local needs for a given product or services. They also explore social enterprises and appreciate that not all people go into business just to make money for themselves. Students will look at the advantages and disadvantages of immigration and the impact it is having on how we identify ourselves and interact in social settings.
CULTURAL DEVELOPMENT IN BUSINESS STUDIES
Students are encouraged to explore the wealth of different countries and how they can be either suppliers or customers for business. They look at how local cultures are being affected by global branding, advertising and production methods influence the way of life in developing countries. They start to appreciate that with globalisation, they will at some point in their life be confronted with cultural differences and it is therefore important for them to be accepting of other cultures.