Business & ICT Curriculum - Tech Award in Enterprise
Why is the study of Enterprise important?
Learning about and experiencing enterprise whilst still at school can have several benefits. It gives you the confidence that you can set up your own business or social enterprise. Students can often have ideas that can be taken forward in enterprise projects, engagement with enterprise education can help make this happen.
Enterprise education can encourage students to reflect on their strengths, weaknesses, and key values. It can help to develop practical skills like oral and written communication, and personal skills such as creativity, being able to negotiate, and being flexible and open-minded. It can encourage a ‘I can do this’ confidence, develop creative questioning, and a realisation that it is ok to take risks.
The business economy and the world is changing, Enterprise can help us to develop to keep up with the pace.
What skills will the study of Enterprise teach you?
The main focus is on the knowledge; understanding and skills required to research, plan, pitch and review an enterprise idea that includes:
- Development of key skills that prove aptitude in planning an enterprise activity, including market research, planning, carrying out financial transactions, communication and problem solving
- Knowledge that underpins effective use of skills, such as the features and characteristics of enterprises and entrepreneurs, and the internal and external factors that can affect the performance of an enterprise
- Attitudes and ways of working that are considered most important for enterprise, including monitoring and reflecting on performance of an enterprise idea and own use of skills
What will you know and understand from your study of Enterprise?
You will develop:
- Knowledge and skills through vocational contexts by studying the knowledge, behaviours and skills related to researching, planning, pitching and reviewing an enterprise idea
- Develop your technical skills, such as market research skills, planning, promotional and financial skills using realistic work
- You will investigate scenarios, and develop your personal skills, (such as monitoring own performance, time management and problem solving) through a practical and skills-based approach to learning and assessment
How does your study of Enterprise support your study in other subjects?
Tech award in Enterprise, like other business subjects, has many cross-curricular links. It can link with History and Geography – learning about other places domestic, foreign, and other Cultures. It also links with Maths, as money is a key factor in the decisions made by businesses. Marketing in Enterprise can also link with Art because it is a very creative area in any business. Law links can be seen across the various strands as all businesses have to follow legislation, and this can vary according to what country the business is operating in. English is a key factor as written and verbal communication is key in any business. A main benefit to students in studying Enterprise is that it can strengthen your skills across a wide and varied curriculum and can support you to challenge and develop yourself in ways you might not have thought possible.
How can you deepen your understanding of Enterprise?
Investigating the local business environment can always help. It is useful to examine different businesses in the locality. Visits to and information from these sources will be particularly useful in developing your subject knowledge. Opportunities to hear from owners about how they started in this business area and the chance to speak with staff can further enhance your knowledge of this exciting area. Research online and accessing local business magazines and online websites will also be beneficial to your study as this will help keep abreast of latest developments. The world is fast pacing and quick changing and it is because if us as people, that influence what businesses provide for us. Keep your eyes open, there is something new every day in this area of study.
How are you assessed in Enterprise?
Components 1 and 2 are assessed through internal assessment. Internal assessment for these components has been designed to relate to achievement of application of the conceptual underpinning for the sector through realistic tasks and activities. This style of assessment promotes deep learning through ensuring the connection between knowledge and practice.
The components focus on:
- The development of core knowledge and understanding, including the range of enterprises and the key features and factors that contribute to an enterprise’s level of success
- The development and application of skills such as research, information, planning and financial forecasting, communicating and problem solving
- Reflective practice through pitching an idea for an enterprise activity that allows learners to reflect on their own communication skills and the viability of their enterprise activity following feedback
Internal assessment is through assignments that are subject to external standards verification.
There is one external assessment. Component 2: Global Influences on Travel and Tourism requires learners to apply their knowledge and understanding of the factors influencing tourism, the impact of tourism on destinations and destination management to travel and tourism contexts. This unit is worth 70 marks.
Key Assessment Objectives
AO1: Demonstrate knowledge and understanding of elements of promotion and financial records
AO2: Interpret and use promotional and financial information in relation to a given enterprise
AO3: Make connections between different factors influencing a given enterprise
AO4: Be able to advise and provide recommendations to a given enterprise on ways to improve its performance
How can Enterprise support your future?
From Level 2 you may consider studying Enterprise at A level or through Level 3 qualifications. This also provides routes and links to degree options at university.
Jobs directly related to your study of Enterprise include:
- Tour manager
- Business Analyst
- Marketing manager
- Business management
Jobs where your study of Enterprise would be useful include:
- Customer service manager
- Event manager
- Hotel manager
- Business or Sales manager
- Marketing executive
- Outdoor activities/education manager
- Business Admin