Why is the subject important?
Students experience the world of business every day through their use of technology and their role as consumers in society. It is vital that they learn about how business impacts on their lives and that we help them consider if running their own enterprise is a suitable option for them in the future.
Within the Enterprise curriculum, students will explore into the local, national and international business environment. Here they will consider what constitutes business success and the strategies that businesses of all sizes have to take to achieve it. Students will gain experience completing business plans and financial documents whilst also learning the importance of personal financial management – a concept we believe students benefit from extensively in later life.
What will I be studying?
Component 1: Exploring Enterprises
Learners will examine different local enterprises to develop their knowledge and understanding of the characteristics of enterprises and the skills needed by entrepreneurs. Students will study aspects of both local businesses, from their size to their ownership.
Component 2: Planning for and Pitching an Enterprise Activity
Learners will individually select an idea for a micro-enterprise activity to plan and pitch. They will individually pitch their business plan for their idea to an audience and then use the feedback to review their plan and pitch. Students may choose to run this enterprise idea in school.
Component 3: Promotion & Finance for Enterprise
Learners will explore the different promotional methods used by enterprises and the factors that influence how enterprises identify and target their market. Learners will also explore financial documents and how to use them to monitor and improve the performance of an enterprise in order to make decisions and recommend strategies for success. Students will also look into different payment methods, which can be of real benefit in their lives.
Careers – An inspirational journey for those interested in being self-employed and setting up and running their own business. Also, career pathways in business analysis, accounting and finance, HR, production management, project management, marketing, market research, advertising, customer service, social media management, PR, web development, sales management and analysis.
Employability skills – Equips students with research and analysis skills, competitor analysis, promotional methods, analyse and interpret financial documents.
How will I be assessed?
|Component number||Component title||GLH||Level||How assessed|
|2||Planning for and Pitching an Enterprise Activity||36||1/2||Internal|
|3||Promotion and Finance for Enterprise||48||1/2||External
The qualification has three components that focus on the assessment of knowledge, skills and practices. These are all essential to developing a basis for progression and therefore learners need to demonstrate attainment across all components in order to achieve the qualification.
Component 1 and 2 are internal assessments done in school, component 3 is an exam.
There are four grades available at Level 2 – Pass, Merit, Distinction, Distinction*.
Which examination board am I following?
Pearson BTEC Tech Award Enterprise – https://qualifications.pearson.com/en/qualifications/btec-tech-awards/enterprise.html
Which websites should I use to support my learning?