This Applied Business course enables students to develop a broad understanding of the application of Business principles and allows them to focus on a specific pathway, e.g. Marketing, Finance, Human Resources, and Administration. In addition, the qualification covers a mixture of teaching and learning experiences from the theoretical through to those with a clear practical emphasis. The course also encourages students to develop knowledge and understanding of: ⮞ The practices and techniques used within marketing, finance, operations management, and human resource management and the links between them. ⮞ The processes, attractions, and risks of setting up an enterprise. ⮞ The relationship between the business and the changing external environment. ⮞ Social and ethical issues in business. In Year 12 the following units will be covered: Unit 1: Financial Planning and Analysis Learners explore different ways in which enterprises can be owned and financed. Learners will need to understand the issues that enterprises face and will use this information to make business decisions. Unit 2: Business Dynamics Learners investigate factors contributing to the success of businesses, focusing on the role of managers, supervisors, and employees. They consider how businesses organize themselves and will analyze and evaluate the effectiveness of these organizational structures. Unit 3: Entrepreneurial opportunities Learners develop an understanding of entrepreneurial opportunities and investigate how individuals can exploit these through personal enterprise. They consider opportunities for personal enterprise for a given context and propose marketing and operations activities to take advantage of entrepreneurial opportunities.