KS4 Curriculum Booklet 2017 - 18

Curriculum Overview KS3

Subject: Business Studies Overview effective from[date ]: September 2017

2

Starter – students list the main objectives of a business, eg profit maximisation, increase brand awareness, minimal environmental impact etc. Teacher explanation of why a business reaching their break-even level is one of the most important targets for any business. For reference – BBC Bitesize webpage on breaking even Students draw a break-even chart and label the cost and revenue lines. Students draw arrows to the relevant lines explaining why they are shaped like they are, eg fixed cost line is horizontal as fixed costs don’t change with output. Teacher led explanation of the break-even point and the corresponding profit/loss. Students label the break-even point and shade in the profit and loss sections on their break-even chart. Teacher led explanation of the margin of safety. Students label the margin of safety on their break-even chart. Students create a table for the main benefits and drawbacks of break-even analysis. Recap test – the break-even chart

Break-even

To understand the meaning of the term break- even output and interpret break- even charts. To be able to identify the break-even level of output and margin of safety from a break- even chart. To be able to evaluate the value of using break-even analysis to a business.

Students will not be expected to draw break-even charts or use the break- even formula.