Unit Award Scheme

119454 BUSINESS STUDIES

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	at least two myths or stereotypes about what people think you need in order to run a business	Summary sheet
2	the key skills needed to run a successful business	Summary sheet
3	how to carry out successful primary and secondary market research	Summary sheet
demonstrated the ability to
4	calculate and compare the income versus expenses of a given business to see if it is profitable	Summary sheet and/or student completed work
shown knowledge of
5	the art of product pricing	Summary sheet
demonstrated the ability to
6	advertise a chosen product or business effectively as part of a group, using their knowledge of presentational and linguistic devices	Summary sheet
7	set up a business as part of a group and run it for a two week period during school hours	Summary sheet
8	evaluate their business, eg in terms of profitability, advertising effectiveness.	Summary sheet and/or student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 23 June 2023Level - Level One