The subject Business Studies deals with the knowledge, skills, attitudes and values critical for informed, productive, ethical and responsible participation in the formal and informal economic sectors. The Subject encompasses business principles, theory and practice that underpin the development of entrepreneurial initiatives, sustainable enterprises and economic growth.
Business Studies four Learning Outcomes:
• Business Environment
• Business Venture
• Business Roles
• Business Operations
Business studies principles are the essential, underlying factors that form the foundations of the subject. They focus on the theoretical and practical aspects of business activities. The principle provides a framework for the study of Business Studies.
The principles give coverage of the core principles of business and management. They provide learners or aspiring managers with a clear and concise text that covers all aspects of the business creation and management. It considers strategic implications of economic theories and principles on business decisions and organisations.
Business Studies is a dynamic subject. It is a subject that can benefit the boys personally when they leave school, irrespective of the career path they choose to follow.
Business Studies focuses on theory work and case studies whereby the boys need to apply what they have learnt. The subject includes a few calculations e.g. production costs, calculation of interest on investments, insurance premiums and underinsurance.
Business Studies keeps the boys updated on local, national and international news, especially regarding our economy. The boys look forward to our daily newspaper readings and often arrive at the lessons with their own researched contributions.
The boys will emerge at the end of the course with a useful understanding of the functioning of the business world. This particular course of study is very supportive of the entrepreneurial spirit that is in great demand in our country at present.
Career prospects are unlimited and good results in this subject will stand them in good stead for entrance into most tertiary faculties.