Business Studies

Business Studies is one of the most interesting, relevant and varied subjects available. Newspaper and television headlines offer continual reminders of how important the business world is to us all. In recent years much attention has been directed at issues such as fair trade, business ethics, global warming and the credit crunch.

Business Studies looks at organisations, the markets they serve and the process of adding value. It also involves the study of business behaviour and the economic, environmental, ethical, governmental, legal, social and technological issues associated with business activity.  There is also an exciting unit about international business and the rise of China and India as economic superpowers.

All units are assessed through examinations. There is no coursework.

The course structure

Unit 1 Developing Business Ideas: Written exam 1 hour 15 mins

Unit 2 Managing the Business: Written exam 1 hour 15 mins

Unit 1: Developing Business Ideas

This unit covers the characteristics students need to develop to be successful in business and how new or existing businesses generate their product or service ideas and test them through market research. Students should also consider the competition in the market, the economic climate, how the business might be financed and how much revenue the idea might generate.

Unit 2: Managing the Business

This unit covers key activities which students may be involved in if they were to set up and manage a business whether small, medium-sized or large. It introduces students to some basic management tools and models which will be developed in the A2 qualifications.

Students are encouraged to tackle contemporary issues that face modern businesses and ultimately gain a strong grasp of the workings of the commercial world.

The Business Studies department allows students to explore real life businesses in a way which brings the outside world into the classroom.  Students experience variety throughout lessons, using case studies, Young Enterprise, class games and ICT to engage all in the subject. Where possible we receive visits from local and national businesses to gain further understanding of how they operate.

Our students have excelled in national competitions and Chepstow teams have participated in numerous competitions including:

Coca Cola’s Real Business Challenge. In 2013, Chepstow students won the Best Advertisement in Wales competition and in 2011, a Chepstow team won the Welsh final and participated in the UK final in London.

Young Consumers of the Year (run by Trading Standards)– We have qualified for the Welsh Finals for the last five years and in 2012 won the Welsh final and came fourth in the UK final of the IFS Student Share Investor competition.

We welcome support from parents and local businesses - if you would like to be involved please get in touch.

We offer:

GCSE Business Studies
BTEC Level 2 in Business
BTEC Level 2 in Enterprise Skills
AS/A2 Business Studies
BTEC Level 3 in Business