Specifications that use this resource:

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

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
  • 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

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

The importance of identifying and satisfying customer needs

Customer needs: the importance of identifying and satisfying customer needs