Business Law


The aim of this unit is to enhance students’ understanding of how business law is applied to the running of a company. Students will gain knowledge of business law and examine the impact of the law on business operations and decision-making.

Throughout the unit students will identify legal solutions available to business owners and assess their suitability. Their experiences in this unit will help them better understand the areas of law in which they will want to specialise. They will be able to illustrate the impact of the law on normal business operations and when registering a company and inviting shareholders to invest in it. They will gain an understanding of the law in relation to market abuse and director responsibilities. Students will be able to recognise the application of employment law between employers and employees.


Learning Outcomes

By the end of this unit a student will be able to:

1        Explain the basic nature of the legal system.

2        Illustrate the potential impact of the law on a business.

3        Suggest appropriate legal solutions to business problems.

4        Recommend appropriate legal solutions based upon alternative legal advice provided.

Entrepreneurship and Small Business Management


This unit provides students with an understanding of the definition and scope of entrepreneurship and an understanding of the enablers and barriers to business start-up.

Students will learn about the influence of national culture and economy on entrepreneurship and will explore the personal characteristics of entrepreneurs and the impact of personal situational factors, including education and background.

Students will also learn about the role and importance of small firms to the economy, and about social enterprise and the social economy. Students will also be expected to understand the balance of risk and reward in starting a new venture and they will investigate and reflect on their own entrepreneurial and enterprising characteristics. Examples of entrepreneurs and start-up organisations will be discussed and students will be expected to draw on local, personal and general knowledge together with their learning to be able to identify the characteristics of entrepreneurial ventures.

Learning Outcomes

By the end of this unit a student will be able to:

1        Explore and illustrate the range of venture types that might be considered entrepreneurial.

2        Assess the impact of small businesses on the economy.

3        Determine and assess the key aspects of an entrepreneurial mindset.

4        Examine the different environments that foster or hinder entrepreneurship.

Managing a Successful Business Project

Learning Outcomes

By the end of this unit a student will be able to:

1 Establish project aims, objectives and timeframes based on the chosen theme.

2 Conduct small-scale research, information gathering and data collection to generate knowledge to support the project.

3 Present the project and communicate appropriate recommendations based on meaningful conclusions drawn from the evidence findings and/or analysis.

4 Reflect on the value gained from conducting the project and its usefulness to support sustainable organisational performance.

Management Accounting

Learning Outcomes

By the end of this unit a student will be able to:

1 Demonstrate an understanding of management accounting systems.

2 Apply a range of management accounting techniques.

3 Explain the use of planning tools used in management accounting.

4 Compare ways in which organisations could use management accounting to respond to financial problems.

Management and Operations

Learning Outcomes

By the end of this unit a student will be able to:

1 Differentiate between the role of a leader and the function of a manager.

2 Apply the role of a leader and the function of a manager in given contexts.

3 Demonstrate an appreciation of the role leaders and managers play in the operations function of an organisation.

4 Demonstrate an understanding of the relationship between leadership and management in a contemporary business environment.

Business and the Business Environment

Learning outcomes

1 Explain the different types of organisations, including their size and scope.

2 Demonstrate the interrelationship of the various functions within an organisation and how they link to organisational structure.

3 Use contemporary examples to demonstrate both positive and negative influence/ impact the macro environment has on business operations.

4 Determine the internal strengths and weaknesses of specific businesses and explain their interrelationship with external macro factors.

Marketing Essentials

Learning Outcome 

1 Explain the role of marketing and how it interrelates with other functional units of an organisation 
2 Compare ways in which organisations use elements of the marketing mix (7Ps) to achieve overall business objectives 
Develop and evaluate a basic marketing plan 

Human Resource Management

Learning Outcomes

By the end of this unit a student will be able to:

1 Explain the purpose and scope of Human Resource Management in terms of resourcing an organisation with talent and skills appropriate to fulfil business objectives.

2 Evaluate the effectiveness of the key elements of Human Resource Management in an organisation.

3 Analyse internal and external factors that affect Human Resource Management decision-making, including employment legislation.

4 Apply Human Resource Management practices in a work-related context.