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Specification

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Overview

This course is designed to provide students the opportunity to develop an understanding of business organisations, the markets they serve and the process of adding value. Students are also encouraged to view business behaviour from a variety of perspectives by looking into the interests of stakeholders and issues relating to the protection of our environment.

The course provides a suitable foundation for the study of the subject or related courses, in further and higher education.

Specification aims

The aims of these specifications are to encourage students to:

• Develop a critical understanding of organisations, the markets they serve and the process of adding value. This involves consideration of the internal workings and management of organisations and, in particular, the process of decision-making in a dynamic external environment.
• Be aware that business behaviour can be studied from the perspectives of a range of stakeholders including customer, manager, creditor, owner/ shareholder and employee, and that Business Studies draws on a variety of disciplines. Students should understand that these perspectives and disciplines are interrelated.
• Demonstrate understanding of the economic, environmental, ethical and international issues which arise in the processes of business behaviour and be able to interpret and evaluate the significance of these issues.
• Acquire a range of skills including the ability to make decisions in the light of evaluation and, where appropriate, the quantification and management of information.