GCSE Business

Why is Business important?

Businesses create jobs, inspire innovation, and boost local communities. Every industry relies on business principles to survive and thrive. In these changing times the primary role of business has remained the same: to provide people with the goods and services they need and want. Whether you are passionate about dancing, making food, playing sports, or working with numbers, there is a business side to it. Whatever your goals, you need business skills to promote your work.

What is involved in the Business course?

The course is split into two themes:

Investigating small business: You will be introduced to local and national business environments and will develop an understanding of how these environments impact business behaviour and decisions.

Building a business: You will develop an understanding of the interdependent nature of business activity as well as the relationship between the business and the environment in which it operates.

How will you be assessed?

The course requires you to sit two exam papers.

Paper 1 relates to the content of the investigating small business.

Paper 2 relates to the content of building a business. Each paper may also draw some knowledge of the other theme.

What can you do with Business in the future?

The skills you will learn can be applied on any scale, from leading a small team to running a company. There are many careers that you could pursue with business including market research, management, public relations, banking or advertising.

This subject supports a pathway to Business and Economics courses at Key Stage 5, both through A Levels and with BTEC Nationals.

What do you need to do to prepare for the course?

You can prepare for the course by making note of all the different types of businesses you and your family use every day. Find out:

– Why you or family member choose to use that particular business
– If the businesses are local or national

How do I find out more? (E.g. exam board, ref number, hyperlinks)

You can visit the Pearson Edexcel GCSE Business webpage which can be found here:

Need to know

Assessment is 100% written exam. You must be committed to working hard, thinking creatively and be self-motivated. If you feel that you perform better doing coursework then BTEC Tech Award Enterprise is more likely 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.”
Hoffman, co-founder of LinkedIn