All businesses need enterprising employees to drive their organisations forward, to have ideas and initiatives to instigate growth, and to ensure that businesses survive in this fast-changing world. Enterprise is a key government focus and is set to form an important part of the UK’s global economic status, both now and in the future. Enterprise skills provide a fantastic progression pathway into many roles in an organisation and are transferable into all businesses.
What is involved in the Enterprise course?
The course is split into three components.
Exploring Enterprises: you will examine different local enterprises to develop your knowledge and understanding of the characteristics of enterprises and the skills needed by entrepreneurs.
Planning for and Pitching an Enterprise Activity: you will individually select an idea for a micro-enterprise activity to plan and pitch. You will individually pitch your business plan to an audience and then use the feedback to review your plan and pitch.
Promotion and Finance for Enterprise: you will explore the different promotional methods used by enterprises and the factors that influence how enterprises identify and target their market. You will explore financial documents and how to use them to monitor and improve the performance of an enterprise to make decisions and recommend strategies for success.
How will you be assessed?
This is a vocational course, most of the work that you complete during the lessons and at home will be assessed by your teacher. You will produce a variety of work including written reports and presentations.
The unit Promotion and Finance for Enterprise is externally assessed. This is an exam lasting 2 hours. In this exam, you will use knowledge and skills developed throughout the course to answer questions which focus on different areas of Enterprise.
What can you do with Enterprise in the future?
The skills that you will develop whilst learning Enterprise are complementary to the skills that are required to be successful in many jobs. Enterprise allows you to develop skills such as market research skills, planning, promotional and financial skills using realistic work scenarios, and personal skills.
This subject supports a pathway to many courses at Key Stage 5 through BTEC Nationals.
What do you need to do to prepare for the course?
Choose one or two of the following entrepreneurs and read about them:
· Justine Roberts (Mumsnet) · Martin Lewis (Moneysavingexpert.Com) · Ishaan Malhi (Trussle) · Ade Hassan Mbe (Nubian Skin)
You must be committed to working hard, thinking creatively and be self-motivated. The first two components are assessed internally through coursework. The third component is assessed through a written exam.
If you feel that you perform better with written exams then GCSE Business is more suitable.
Student/Staff/Famous Person quote about the subject
“All humans are entrepreneurs not because they should start companies but because the will to create is encoded in human DNA.” — Reid Hoffman, co-founder of LinkedIn
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