Pupils find out how the major types of business organisation are established, financed and run, and how their activities are regulated. Factors influencing business decision-making are also considered, as are the essential values of cooperation and interdependence.
There are also opportunities to get out of the classroom and into real business environments, to run a mini-business in school and to take part in business competitions such as The Student Investor Challenge and The Tenner Challenge. This is an excellent area of study for cementing skills and complementing research and evaluation techniques in other subject areas. It also provides a platform in developing a sound business understanding to improve employability and prepare for further study within the subject.