GCE BUSINESS STUDIES A2 SCHEME OF WORK INTRODUCTION This scheme of work can be followed whether centres enter students for examinations in January and June or just opt for June entry. The purpose of this scheme of work is to provide advice and guidance to teachers and lecturers, not to prescribe and restrict approaches to the delivery of the specification. Please bear in mind that there is no requirement to use this scheme of work. All items included are suggestions and intended to provide guidance. ALLOCATION OF TEACHING HOURS The A2 scheme of work is based on five hours’ contact time each week and a 32 week teaching year. This time has been subdivided as follows: Unit Three: Strategies for Success 75 hours This allows 10 hours (or two weeks’ teaching) for revision and final examination preparation. Unit Four: The Business Environment and Managing Change 75 hours A2 BUSINESS STUDIES (UNIT THREE: STRATEGIES FOR SUCCESS) This module is divided into four elements. In the study of this unit candidates should examine the topic areas below in relation to the core themes of setting objectives, measuring performance and devising strategy. The assessment for this unit will draw upon AS material which candidates should use to respond to A2 questions. The material below sets out a possible scheme of work for a single teacher delivering the specification. A later version shows how the material might be allocated between two teachers delivering the specification between them. UNIT THREE CONTENT 3.1 Functional Objectives and Strategies: An overview of a range of functional objectives and how these contribute to the achievement of corporate objectives. RESOURCES AND OTHER GUIDANCE Business Review, Volume 14, Number 2, November 2007 – ‘Guitars4You: Satisfying a niche market’ TERM 3 of AS year. WEEK 6 Business Review, Volume 14, Number 3, February 2008 – ‘Money from Nails’ A2 Business Studies textbook – Wolinski & Coates – chapter 1 UNIT 3 ELEMENT 2 MARKETING STRATEGIES 3.7 Understanding Marketing Objectives: Marketing objectives, assessing internal and external influences on marketing objectives. 3.8 Analysing Markets and A2 Business Studies textbook – Wolinski & Coates – chapter 7 Business Review Volume 10 Number 3 Feb 2004 –‘ Responding to Market changes’ 6 www.tutor2u ‘Business Café’ – ‘Iphone seeks to shake up the mobile phone market’ Useful for discussion on marketing objectives and influences A2 Business Studies textbook – Wolinski & Coates – chapter 8 7 Marketing: market analysis, analysing sales trends, the use of information technology, difficulties in analysing marketing data. Business Business Business Business Review Volume Review Volume Review Volume Review Volume 12 12 13 13 Number Number Number Number 2 Nov 2005 – ‘The UK Jeans Market’ 3 Feb 2006 – ‘The UK Footwear Market’ 1 Sep 2006 – ‘The Breakfast Cereals Market’ 2 Nov 2006 – ‘Pre recorded music in the UK’ www.tutor2u ‘Business Café’ – ‘Brits become a nation of smoothie operators’ Bized market analysis activity www.bized.co.uk/educators/16-19/business/marketing/activity/analysis.htm A2 Business Studies textbook – Wolinski & Coates – chapter 9 Business Review Volume 12 Number 1 Sep 2005 – ‘Cobra Beer’ Business Review Volume 12 Number 2 Nov 2005 – ‘Five Forces Analysis’ Business Review Volume 12 Number 4 April 2006 – ‘Strategic thinking in Marketing’ 3.9 Selecting Marketing Strategies: Low cost verses differentiation, Ansoff’s matrix, assessing effectiveness of marketing strategies. www.tutor2u ‘Business Café’ - ‘Special guests and seasonal smoothies make Innocent sparkle’ - ‘Cobra beer – Brewing up a global brand’ (useful for international markets) www.times100.co.uk Edition 13 – ‘Wilkinson: Marketing strategy for growth’ Classroom video: ‘MMMarketing’ www.classroomvideo.co.uk Bized problem based learning activity: ‘Changing markets, changing strategies: The Problem’ www.bized.co.uk/current/pbl/2005-6/031005problem.htm Talk from parent – Phil Brown – customer service 8 A2 Business Studies textbook – Wolinski & Coates – chapter 10 3.10 Developing and Implementing Marketing Plans: components of marketing plans, internal and external influences, issues in implementing marketing plans Business Review Volume 13 Number 1 Sep 2006 – ‘Marketing Plans’ 9/10 Bized activity: ‘Marketing the Glastonbury Festival’ www.bized.co.uk/current/mind/2003-4/081203.htm A2 Business Studies textbook – Wolinski & Coates – chapter 2 TERM 1 3.2 Understanding Financial Objectives: Cash flow targets, cost minimisation, ROCE targets and shareholders’ returns. Internal and external influences on these targets. www.times100.co.uk Edition 13 – ‘CIMA: Financial information in decision making’ Business Review, Volume 10, Number 3, February 2004 – ‘Strategic Finance’ TERM 1 of A2 Week 1 www.tutor2u ‘Business Café’: ‘Cutting costs keeps profits in good shape’ TV Choice dvd: ‘Are we making a profit?’ www.tvchoice.uk.com A2 Business Studies textbook – Wolinski & Coates – chapter 3 3.3 Using Financial data to Measure and Assess Performance: Analysis of balance sheets and income statements. Working capital, depreciation, profit utilisation and profit quality. Annual report gallery – useful for obtaining actual company accounts www.reportgallery.com 3.4 Interpreting Published A2 Business Studies textbook – Wolinski & Coates – chapter 4 Classroom Video: ‘Financial reporting for Business’ www.classroomvideo.co.uk Classroom Video: ‘The Bottom Line’ 2 Bized provide some useful powerpoints on business accounts www.bized.co.uk/learn/business/accounting/busaccounts/index.htm 3 Accounts: Conducting ratio analysis to measure financial performance, assessing the value and limitations of ratio analysis. Business Review Volume 13 Number 1 Sep 2006 – ‘Ratio analysis’ Working Lunch dvd Series 9 Lesson 7 – ‘Deciphering Company Accounts’ www.bbc.co.uk/news/business/workinglunch A2 Business Studies textbook – Wolinski & Coates – chapter 5 Business Review Volume 9 Number 1 Sep 2002 – ‘Back to Basics: Profit Centres’ 3.5 Selecting Financial Strategies: Raising finance, profit centres, cost minimisation, allocating capital expenditure. www.tutor2u ‘Business Café’ – Case studies on Raising finance: ‘Venture capital bags the greener grocer’ ‘Survival strategies – Youth hostels look at property disposals’ ‘The business of dying – Dignity goes public’ 4 Case study on Cost minimisation: ‘Lloyds cut costs to get profits back on track’ TV Choice dvd on Raising finance: ‘Finance in Business II (The established business/The PLC) 3.6 Making investment decisions: Investment appraisal methods, investment criteria, risks and uncertainties of investment decisions, quantitative and qualitative influences. A2 Business Studies textbook – Wolinski & Coates – chapter 6 Bized investment appraisal activity www.bized.co.uk/timeweb/reference/using -experiments.htm 5 UNIT 3 ELEMENT 3 Operational Strategies 3.11 Understanding Operational Objectives: Operational objectives, assessing internal and external influences on these objectives. A2 Business Studies textbook – Wolinski & Coates – chapter 11 Business Review Volume 10 Number 1 Sep 2003 ‘Strategic Operations’ 6 A2 Business Studies textbook – Wolinski & Coates – chapter 12 3.12 Operational Strategies: Scale and Resource mix: Economies and diseconomies of scale, labour and capital intensive production. TV Choice dvds: ‘Systems in a Factory’ ‘ Inside a Factory III: The Crisp Makers’ www.tvchoice uk.com Working Lunch dvd Series 10 Lesson 6 – ‘Economies of Scale’ www.bbc.co.uk/news/business/workinglunch 6 A2 Business Studies textbook – Wolinski & Coates – chapter 13 Business Review Volume 10 Number 1 Sep 2003 – ‘Why do 5 out of every 6 new products fail?’ 3.13 Operational Strategies: Innovation: purpose, costs, benefits and risks of innovation. 3.14 Operational Strategies: Location: methods of making location decisions, advantages and disadvantages of multi site locations, international location. www.times100.co.uk Edition 13: - ‘Intel: Using innovation to create competitive advantage’ Edition 9 – ‘Kelloggs: Using new product development to grow a brand’ 7 A2 Business Studies textbook – Wolinski & Coates – chapter 14 www.tutor2u ‘Business Café’ – ‘Seafood processing outsourced to Thailand’ - ‘ Dark days for Blackpool as TVR production goes abroad’ - 8 Working Lunch dvd Series 12 Lesson 4 – ‘Location’ www.bbc.co.uk/news/business/workinglunch Bized notes on location issues: www.bized.co.uk/learn/economics/notes/location.htm Plus useful activity: www.bized.co.uk/learn/business/production/efficiency/location.htm A2 Business Studies textbook – Wolinski & Coates – chapter 15 Business Review Volume 10 Number 1 Sep 2003 – ‘Just-in-time? It depends’ Business Review Volume 10 Number 3 Feb 2004 – ‘Zara’ ( Useful article on time based management in the context of fast fashion) 3.15 Operational Strategies: Lean Production: Critical path analysis, lean production methods. www.tutor2u ‘Business Café’ – useful articles on lean production: ‘The car in front is very good… and getting even better’ ‘ Lean, mean driving machines – how Jaguar changed its production methods’ Bized critical path analysis activity: www.bized.co.uk/educators/1619/business/production/activity/cpa.htm TVChoice dvd – ‘Inside a Factory I –The new Mini’ www.tvchoice.uk.com 9 UNIT 3 ELEMENT 4 Human Resource Strategies 3.16 Understanding HR Objectives and Strategies: HR objectives and strategies, internal and external influences on HR objectives. 3.17 Developing and Implementing Workforce Plans: Components of workforce plans, internal and external influences, issues involved in implementing workforce plans. A2 Business Studies textbook – Wolinski & Coates – chapter 16 10 A2 Business Studies textbook – Wolinski & Coates – chapter 17 Business Review Volume 13 Number 1 Sep 2006 – ‘Human Resource Planning’ 11 www.times100.co.uk Edition 13 – ‘British Gas: Workforce Planning’ A2 Business Studies textbook – Wolinski & Coates – chapter 18 Business Review Volume 14 Number 4 April 2008 – ‘Organisational Structure’ 3.18 Competitive Organisational Structures: Factors determining organisational structures, adapting organisational structures to improve competitiveness. www.times100.co.uk Edition 13 – ‘Tarmac: How roles and functions contribute to competitive advantage’ - ‘Audit Commission: Flexible working patterns’ - ‘Lloyds TSB: Changing working patterns’ TV Choice dvd – ‘Business Structures’ www.tvchoice.uk.com 12 Working Lunch dvd Series 18 Lesson 9 – ‘Working practices’ (job sharing) www.bbc.co.uk/news/business/workinglunch Bized notes and activity: ‘Changes in the workplace’ www.bized.co.uk/current/mind/20056/241005.htm 3.19 Effective Employer/Employee Relations: Employee communications, employee representation, methods of A2 Business Studies textbook – Wolinski & Coates – chapter 19 13 www.tutor2u ‘Business Café’ – The Royal Mail Strike’ avoiding and resolving industrial disputes EXAM UNIT 3– January 25th (1hour 45mins) EXAM UNIT 4 – June 22nd Retakes – unit 1 January 12th Working Lunch dvd Series 7 Lesson 9 – ‘Industrial relations’ Provisional dates Provisional dates - unit 2 January 21st Revision of unit 3 See unit 4 scheme of work Past papers and case study questions TERM 2 Week 1