AQA-Scheme of work A-level Business-Graded A+

AQA-Scheme of work A-level Business-Graded A+ 1 © 2021 AQA Scheme of work A-level Business (7132) Version 2.2 Revised Summer 2021 Introduction The following scheme of work offers a route through the A-level Business course, covering all the sections and sub-sections in a logical order, including opportunities to develop the necessary set of skills required for interacting with the business world. Guidance is given about any prior knowledge which is helpful or required. The order is by no means prescriptive and there are many alternative ways in which the content could be organised. Time has been built in for assessment activities and revision but all timings are approximate.Assumed coverage This scheme assumes the AS course is a one-year course or the first year of a two-year A-level, with four hours of lessons per week, approximately 120 taught hours per year. A considerable amount of work would need to be completed outside lessons, partly depending on lesson time available. One and two teacher model Model for one teacher with a linear approach to the subject content (section 3.1 – 3.10) With two teachers, the model could be broken down as follows: First year Teacher 1 – 3.1, 3.3, 3.4 Teacher 2 – 3.2, 3.5, 3.6, (functional areas can be allocated according to teaching preference) Second year Teacher 1 – 3.7.1, 3.7.3, 3.7.5, 3.7.7, 3.8, 3.10.1, 3.10.2 Teacher 2 – 3.7.2, 3.7.4, 3.7.6, 3.7.8, 3.9, 3.10.3, 3.10.4 (suggested allocation) © © 2021 AQA 2 of 43 3.1 What is business? Total time: 15 hours + 1 hour for assessment activities. 3.1.1 Understanding the nature and purpose of business Learning objective Time taken Guidance Resources To understand why businesses exist To understand the relationship between mission and objectives To examine common business objectives To understand why businesses set objectives To understand the measurement and importance of profit. 4 hours Learners may have no business knowledge before starting the course, although some may have studied a business-related subject. Learner activity looking at real-life examples such as: •profit •growth •survival •cash flow •social •ethical objectives. Teacher led activity on the measurement of profit to include: •revenue (also turnover and sales) •fixed costs •variable costs •total costs. •BBC Learning zone video – What is a business?•Tutor2U – Presentation – Objectives of a new business•Tutor2U – Revision presentation – Mission, Aims, Objectives and Stakeholders•YouTube video (James Slocombe) – Accounting and Finance – Revenue and Profit © 2021 AQA 3 of 43 3.1.2 Understanding different business forms Learning objective Time taken Guidance Resources To understand reasons for choosing different forms of business and for changing business form To understand the role of shareholders and why they invest To learn about influences on share price and the significance of share price changes The effects of ownership on mission, objectives, decisions and performance 7 hours Learners should be able to understand different forms of business and why these forms may change and the role of shareholders. Different forms of business include: •sole traders •private limited companies and public limited companies •private sector and public sector organisations •non-profit organisations such as charities and mutuals. Issues with different forms of business include: •unlimited and limited liability •ordinary share capital •market capitalisation •dividends. •Bee Business Bee types of ownership video (11.43)•Tutor2U – Revision presentation – Start up Business Structures•Tutor2U – Revision presentation – Limited liability•Tutor2U – Revision quiz – Legal structure•YouTube – Interview with Big Issue founder – John Bird(excellent resource to illustrate non–profit organisations) •Business Review magazine – Volume 19 – Number 1 ‘Can Facebook float?’•YouTube – Why Go Limited?(cliqvid video) (1:28m) •Education Portal – Shareholders, Board of Director and Officer Roles•Education Portal – What are Dividends? Investing in Stocks•