Switching to AQA: from Edexcel
A comparison of our new GCSE Business specification (8132) to Edexcel’s new
specification.
Assessment
New AQA specification | New Edexcel specification |
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The subject content is divided into six sections: - Business in the real world
- Influences on business
- Business operations
- Human resources
- Marketing
- Finance
| The subject content is divided into ten sections: - Enterprise and entrepreneurship
- Spotting a business opportunity
- Putting business ideas into practice
- Making the business practice effective
- Understanding external influences on business
- Growing the business
- Making marketing decisions
- Making operational decisions
- Making financial decisions
- Making human resources decisions
|
Two papers, covering: - Influence of operations and HRM on business activity
- Business in the real world
- Influences on business
- Business operations
- Human resources
- Influence of marketing and finance on business activity
- Business in the real world
- Influences on business
- Marketing
- Finance
| Two papers, covering: - Investigation small business
- Enterprise and entrepreneurship
- Spotting a business opportunity
- Making the business practice effective
- Understanding external influences on business
- Building a business
- Growing the business
- Making marketing decisions
- Making operational decisions
- Making financial decisions
- Making human resources decisions
|
Each paper is worth 90 marks | Each paper is worth 90 marks |
Each paper allows 1 hour 45 minutes | Each paper allows 1 hour 30 minutes |
Both papers have two sections: - Section A – 20 marks
- Section B and C – total 70 marks, approximately 35 marks each, with one business context in each section
| Both papers have three sections: - Section A – 35 marks
- Section B – 30 marks
- Section C – 25 marks
with one business context in each section. |
Specification content
Purpose and nature of business
New AQA specification
|
New Edexcel specification
|
- Purpose of business
- Reasons for starting a business
- Basic functions and types of business
- Business enterprise and entrepreneurship
- Dynamic nature of business
|
- The role of business enterprise, also includes adding value
- The dynamic nature of business
|
Business ownership
New AQA specification
|
New Edexcel specification
|
- Sole traders
- Partnerships
- Private limited companies (ltd)
- Public limited companies (plc)
- Not-for-profit organisations
|
- The options for start-up and small business
- sole trader
- partnership
- private limited company
- franchise
- Public limited company
|
Setting business aims and objectives
New AQA specification
|
New Edexcel specification
|
- What are business aims and objectives
- Purpose of setting objectives
- Role of objectives in running a business
- Changing objectives
- Use of objectives in judging success
|
- Business stakeholders: objectives related to stakeholders
- Changes in business aims and objectives: why and how business aims and objectives change as businesses evolve
|
Stakeholders
New AQA specification
|
New Edexcel specification
|
- Main stakeholders of businesses
- Objectives of stakeholders
- Impact of business activity on stakeholders
- Impact and influence stakeholders have on businesses
|
Business stakeholders
|
Business location
New AQA specification
|
New Edexcel specification
|
Factors influencing the location decision of a business
|
- Factors influencing the location decision of a business
- Also included: the impact of the internet on location decisions
- Not included: costs of location
|
Business planning
New AQA specification
|
New Edexcel specification
|
- The purpose of business planning
- The main sections within a business plan
- Basic financial terms
- Basic financial calculations
|
- The role and importance of a business plan
- The purpose of planning business activity
|
Expanding a business
New AQA specification
|
New Edexcel specification
|
- Methods of expansion
- Benefits and drawbacks of expansion
- Economies of scale
- Diseconomies of scale
|
- Methods of business growth and their impact
- Types of ownership for growing business
- Sources of finance for growing and established businesses
|
Technology
New AQA specification
|
New Edexcel specification
|
- E-commerce
- Digital communication
|
- Different types of technology used by business
- Also includes payment systems and social media
- How technology influences business activity
|
Ethical and environmental considerations
New AQA specification
|
New Edexcel specification
|
- Ethical considerations
- Environmental considerations
- Sustainability
|
Ethics, the environment and business
- the impact of ethical and environmental considerations of business
- also includes the effect of pressure group activity on the marketing mix
|
The economic climate on businesses
New AQA specification
|
New Edexcel specification
|
- Interest rates
- Levels of employment
- Consumer spending
|
The economy and business, also includes inflation, government taxation and exchange rates
|
Globalisation
New AQA specification
|
New Edexcel specification
|
- How UK businesses compete internationally
- Exchange rates
|
- Business and globalisation
- the impact of globalisation on business - exporting, changing business locations, multinationals
- barriers to international trade
- how businesses compete internationally
- Exchange rates
|
Legislation
New AQA specification
|
New Edexcel specification
|
- Employment law
- Health and Safety law
- Consumer law
|
- Legislation and business: the purpose of legislation – consumer law and employment law (including health and safety)
- The impact of legislation on business – cost, consequences
|
Competitive environment
New AQA specification
|
New Edexcel specification
|
- Impact on businesses of operating incompetitive markets
- Uncertainty and risks businesses face
|
- Strengths and weaknesses of competitors
- Impact of competition on business decision making
|
Production processes
New AQA specification
|
New Edexcel specification
|
- Methods of production
- Efficiency in production
|
Business operations
- the purpose of business operations
- production processes – also includes batch
- impact of technology on production
|
The role of procurement
New AQA specification
|
New Edexcel specification
|
- Managing stock
- Factors affecting choice of suppliers
- The effects of procurement and logistics on business
- The value of effective supply chain management
|
- Managing stock – JIT, JIC
- Factors affecting choice of suppliers
- Effects of procurement and logistics on business
- Value of effective supply chain management
|
The concept of quality
New AQA specification
|
New Edexcel specification
|
- Consequences of quality issues
- Methods of maintaining consistent quality
- Costs and benefits of maintaining quality
|
Managing quality
- production or goods and provision of services – quality control, quality assurance
- allowing a business to control costs – gain competitive advantage
|
Good customer services
New AQA specification
|
New Edexcel specification
|
- Methods of good service
- Benefits of good customer service
- Dangers of poor customer service
- The ways in which advances in ICT have allowed customer services to develop
|
The sales process
- product knowledge, speed and efficiency of service, customer engagement, response to customer feedback, post-sales service
- importance to businesses of providing good customer service
|
Organisational structures
New AQA specification
|
New Edexcel specification
|
- Organisational structures
- Appropriateness of organisational structures
- Centralisation and decentralisation
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- Internal organisational structures
- Appropriateness of organisational structures
- Centralisation and decentralisation
|
Recruitment and selection of employees
New AQA specification
|
New Edexcel specification
|
- The need for recruitment
- Methods of recruitment and selection of employees
- Contracts of employment
|
- Effective recruitment: different job roles and responsibilitiesHow businesses recruit people – documents, methods
- Different ways of working – full time, part time, flexi time, permanent, temporary, freelance, use of technology
|
Motivating employees
New AQA specification
|
New Edexcel specification
|
- Importance of motivation in the workforce
- Methods to motivate staff
|
- Importance of motivation in the work place
- Methods – financial, non-financial
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Training
New AQA specification
|
New Edexcel specification
|
- Importance of training the workforce
- Types of training undertaken by businesses
|
- Effective training and development: methods – formal and informal, self-learning, ongoing, target setting, performance reviews
- Reasons for training and development – motivation, retention, retraining for new technology
|
Identifying and understanding customers
New AQA specification | New Edexcel specification |
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The importance of identifying and satisfying customer needs | Customer needs: the importance of identifying and satisfying customer needs |