Advanced Level Business Studies
Why Cambridge International AS and A Level Business?
The study of Cambridge International AS and A Level Business allows learners to take the first step towards a career in private or public organisations or progress with confidence to a degree in business and management related subjects.
About the syllabus
Cambridge learners will develop:
- The capacity to analyse characteristics and activities of business organisations and how they respond to the changing demands of their environments
- Ann understanding of how effective managers and leaders develop successful organisations in terms of customer focus and the products/services they offer
- The opportunity to reflect on how successful business organisations engage in financial and accounting practices to maximise value for stakeholders value
- Development of knowledge that relates to strategic planning and decision-making to ensure business survival, change, and sustainable success
- A solid foundation for further study.
The key concepts on which this syllabus is built are set out below. These key concepts can help students think about how to approach each syllabus topic in order to encourage learners to make links between topics and develop a deep overall understanding of the subject..
As a student, you will refer again and again to these concepts, which can serve as guiding principles when considering both familiar and unfamiliar business issues and contexts.
- Change is the only constant. Exciting new enterprises are often created in response to economic, cultural or technological changes. Existing businesses must adapt to change if they are to survive and grow.
- Management is relevant to every person in a business. Good leadership, strong motivation in workers, effective systems and clear communication are hallmarks of successful businesses.
- Customer focus means a business will design and produce goods and services that people want to buy. Customers provide the revenue which sustains a business. Successful businesses really understand their customers and strive to provide products that their customers love.
- Innovation enables a business to re-invent itself and stay ahead of the competition. The business world is dynamic and companies must seek to innovate through product development, more efficient processes and finding better ways ‘to do business’.
- Creating value is the core reason why any organisation exists. Effective organisations aim to maximize stakeholder value. For most businesses this will be about maximising shareholder value, but social enterprises will also have other, non-financial, aims. Stakeholders also need to measure the value that is created.
- Strategy is about knowing where you are, where you want to get to and how you are going to get there. Managers need to think about, decide on and put into action major long term plans – such as buying another business, entering a new market or developing a new technology.
Business and its environment,
People in organisations
Operations and project management
Finance and accounting
For Cambridge International AS and A Level Business, candidates:
- Take Papers 1 and 2 only (for the Cambridge International AS Level qualification) or
- Follow a staged assessment route by taking Papers 1 and 2 (for Cambridge International AS Level qualification) in one series, then Paper 3 (for the Cambridge International A Level qualification) in a later series or
- Take Papers 1, 2 and 3 in the same examination series, leading to the full Cambridge International A Level.