Business plays an important role in society. We all rely on businesses to create wealth, prosperity, jobs and choices. Therefore, it is essential for society to have effective businesses and business managers to sustain this role.
The purpose of the course is to highlight ways in which organisations operate and the steps they take to achieve their goals. This purpose will be achieved through combining practical and theoretical aspects of business learning through the use of real-life business contexts. The skills, knowledge and understanding gained are embedded in current business practice and theory, and reflect the integrated nature of organisations, their functions, and their decision-making processes.
At National 5, the course will build on the skills, knowledge and understanding gained in Business (National 4) and can act as an introduction to the world of business. It is split into the following units:
- Understanding Business
- Management of Marketing and Operations
- Management of People and Finance
Pupils will also undertake a research based assignment which accounts for 30% of their final grade.