Business Management fosters a greater understanding of how people contribute to business success. As a consequence, learners will be better informed about business and able to make an effective contribution to society as consumers, employees, employers or self-employed people. Pupils will gain the following skills:
- knowledge and understanding of the impact of business activities on society
- decision making — by applying the ideas of ethical and effective business decisions to solve business-related problems
- communicating business ideas, opinions and information relating to the effects of internal and external factors on business activity
- knowledge and understanding of how entrepreneurial attributes can help in business development
- understanding how to enhance employability skills
- knowledge and understanding of the contribution of staff to business success
- interpreting and evaluating business financial data
- analysing the effectiveness of a range of marketing activities, and understanding how they can be used to enhance customer satisfaction
- evaluating a range of production techniques used to maximise the quality of goods/services
- knowledge of the use of technologies in business
