Your complete guide to Edexcel GCSE Business Studies.
What will you learn?
Investigating small business
Learn how businesses are created, how entrepreneurs identify opportunities and how decisions are made in the early stages of a business.
You’ll explore:
- Enterprise and entrepreneurship
- Spotting a business opportunity
- Putting a business idea into practice
- Making the business effective
- Understanding external influences on business
Learn With Confidence
Elevate Business Education provides clear, structured Business Studies resources designed to help students understand the specification, strengthen their knowledge and feel more confident approaching their exams.
Start with the foundations of business.
Take your knowledge further by exploring what happens as businesses grow and develop.
You’ll explore:
- Growing the business
- Making marketing decisions
- Making operational decisions
- Making financial decisions
- Making human resource decisions
Investigating small business
You’ll learn how business ideas are created, how opportunities can be identified and researched, how businesses manage their finances and how external factors can influence business decisions.
1.1 Enterprise and entrepreneurship
Discover why entrepreneurs create businesses, where business ideas come from and the risks and rewards associated with starting a business.
You’ll learn about:
- The dynamic nature of business
- Risk and reward
- The role of business enterprise
Building a business
Once a business has established itself, new challenges and opportunities emerge.
Theme 2 builds on the foundations from Theme 1 and explores how businesses make decisions as they grow, including their approach to marketing, operations, finance and human resources.
Explore the different ways businesses can grow and the opportunities and challenges that come with expansion.
You’ll learn about:
- Business growth
- Changes in business aims and objectives
- Business and globalisation
- Ethics, the environment and business
Understanding external influences on business
Businesses don’t operate in isolation. External factors can create opportunities, challenges and risks.
Explore how stakeholders, technology, legislation and the economy can influence business decisions.
You’ll learn about:
- Business stakeholders
- Technology and business
- Legislation and business
- The economy and business
- External influences
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