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BTEC Business :: Unit 5 - International business
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Half Term 1

Intent

What are we building on?

Students who have completed KS4 BTEC level 2  Business will have covered information like different types of business ownership, looked at businesses on a local, national and international scale and business aims/objectives. You will build on previous knowledge by learning about business on an international scale, analysing the external factors which affect international business and the impacts of operating an organisation on that scale.

All students who have  completed GCSE English will  be familiar with writing persuasively.

Overarching theme, specification Link

Unit 5- International business learners will investigate strategic and operational approaches to business on a global basis and draw together their understanding of the external influences which affect how businesses can trade internationally. Learners complete the tasks using knowledge and understanding from their studies of the sector and apply both transferable and specialist knowledge and skills.

Implementation

What are we teaching?

Week 1 - Introduction to international business,folder structure, organisation and (Learning aim A) - Types of business activity
Imports vs Exports: What are they? Multinational enterprises: What do we mean by this?
Associated businesses: these are organisations which deal with for example logistics and marketing that make international trade possible.

Skills focus: Explanation

Week 2 - (Learning aim A) - The reasons for conducting business internationally.
Recap quiz (imports, exports, multinationals and associated businesses)

Why do businesses want to trade internationally? (e.g growth and brand exploitation) What are the benefits of this? What are the potential drawbacks/costs?

Skills focus: Explanation

Week 3 - (Learning am A) - Choice of markets to operate in
Recap quiz (Reasons to trade internationally)
3 types of market (Developed, developing and emergency) What do each of these mean? What countries are examples of each?
How and why do businesses choose which market they would like to operate in, which factors influence this decision?

Skills focus: Analysis

Week 4 (Learning aim A) - Portfolio and and financing international business

Written assessment: Horses for courses

Financing international business- What options are available to businesses wanting to trade internationally? (Bank loans, export credits, prepayment by importer and letters of credit) What are these and what are the benefits and drawbacks of each method.

Skills focus: Justification

Week 5 (Learning aim A) - Support for international business and Start Assignment 1 Task 1

Feedback from written assessment

What support is available to UK businesses wanting to operate internationally?

How can they access this support and which support organisation is best for different types of businesses?

Skills focus: Analysis 

Week 6 (Learning aim A) - Write up of Assignment 1, Task 1  (P1,P2 and M1)

Using the feedback from the green sheet activity and work done in class you will write up the first do coursework tasks.

P1 Explain why two businesses operate in contrasting international markets..

P2 Explain the types of finance available for international business

Week 7 (Learning aim A) - Write up of Assignment 1 Task 1 ( P1,P2 and M1)

Using the feedback from the green sheet activity and work done in class you will write up the first do coursework tasks.

M1: Analyse the support that is available to contrasting businesses that operate internationally.

First submission of Assignment 1 task 1

Week 8 - PBL

What comes next?

Looking at globalisation's impact on international business and why countries adopt protectionism and how they use it to help local the local economy

Links to other curriculum areas

English - writing styles/frames

Business Unit 1 - Exploring business

Business Unit 2 - Developing a marketing campaign (analysis tools, research based tasks and international businesses niche and mass market)

Professional competencies

Impact

How will this be embedded and assessed?

Portfolio 1 - Written assessment: Explanation of why Greggs would like to grow into the European market? (links to P1)

In class:
DNA at the beginning of every lesson

Low stakes quizzing

Modelling of high quality sample coursework

Half Term 2

Intent

What are we building on?

Students will have begun to understand sources of finance from Section A and B in terms of personal finance, which can be extrapolated into the context of business finance and the purposes of managing and tracking finances

Overarching theme, specification Link

In international business you will investigate strategic and operational approaches to business on a global basis and draw together your  understanding of the external influences which affect how businesses can trade internationally. You will complete the tasks using knowledge and understanding from your studies of the sector and apply both transferable and specialist knowledge and skills.

Implementation

What are we teaching?

Week 1 (Learning aim B) - Globalisation

What does globalisation mean in a global business context? What are the main features of globalisation e.g. trading blocs, international mobility of labour and capital, international payment and communication systems. How do these impact international business?

Skills focus: Explanation and Tier ⅔ vocab

Week 2 (Learning aim B) - Trading blocs and first submission feedback

Examples of trading blocs e.g. EU and Mercouser, WTO - World trade organisation ,What is their role in international business? Benefits and drawbacks

Skills focus: Analysis

Week 3 (Learning aim B) - Free trade areas and Protectionism

Free trade areas such as NAFTA and APEC, what is their role?

What is protectionism? Why do countries adopt protectionism? E.g. to protect infant industries and local employment

Skills focus: Evaluation

Week 4 (Learning aim B) - Methods of protectionism and Portfolio 2

How do countries adopt protectionism? E.g. tariffs, quotas, restrictions

Evaluate the impact globalisations may have on Greggs trying to expand internationally

Focus on Tier 2 and 3 vocab

Week 5 (Learning aim B) - Barriers to trade and Portfolio 2 feedback

e.g. trade restrictions, exchange rate volatility, legal and regulatory systems, financial requirements, operating risks, economic sanctions. How do these methods impact businesses operating internationally?

Skills focus Evaluation (in preparation for D1 write up)

Week 6 (Learning aim B) - Write up of  Assignment 1 Task 2  (P3 + P4)

Write up of P3 Explain the main features of globalisation that affect two contrasting businesses (features including trading blocs, international payment systems, communication systems).

P4 Explore the role of trading blocs on international trade (What is a trading bloc? Give examples, how does it impact international trade? Positively or negatively?.

P tasks = Explain

Week 7 - PBL

What comes next?

Using situational analysis to evaluate the factors that may affect the success of an organisation trying to expand internationally

Links to other curriculum areas

Business Unit 1 - Exploring enterprise

Business Unit 3 - Business finance

Professional competenies

Half Term 3

Intent

What are we building on?

Building on our knowledge of why businesses operate internationally and using what we’ve learnt from Business units 1 and 2 to build a bigger picture of decisions that need to be made and strategies that can be used to help an organisation to succeed.

Overarching theme, specification Link

In international business you will investigate strategic and operational approaches to business on a global basis and draw together your  understanding of the external influences which affect how businesses can trade internationally. You will complete the tasks using knowledge and understanding from your studies of the sector and apply both transferable and specialist knowledge and skills

Implementation

What are we teaching?

Week 1 (Learning aim B and C) - Assignment 1 Task 2 (D1) and External influences

D1 - Evaluate the impact of globalisation on a business

Factors that influence international business: political, economic, social, technological,

legal and regulatory, environmental and ethical factors and understanding how these factors make up a PESTLE situational analysis

Skills focus: Evaluate

Week 2 - Write up Assignment 1 Task 2 (M1 and D1)

Hand in Assignment 1 Task 2

Week 3 (Learning aim C) - Analysis tools (PESTLE, SWOT) *Links wit Unit 1 and 2*

What is the purpose of situational analysis? Where do I get the information to carry out a SWOT and PESTLE?

I am able to carry out situational analysis to evaluate the factors affecting an organisation wanting to operate internationally.

Portfolio 3 - Carry out a SWOT analysis on Greggs in the UK market

Key focus on tier 2 and 3 vocab

Week 4 (Learning aim C) - International business support systems

What influence has the internet had on international business? What has it made more accessible and to who? What are international payment systems? How have they supported organisations operating internationally?

Feedback of assignment 1

Week 5 (Learning aim C) - Write up Assignment 2 Task 1 (P6, M3 and D2)

Submission of Assignment 2 task 1

Week 6 (Learning aim D) - Cultural factors

Explore the cultural differences affecting international businesses. What cultural factors affect international business? Why do UK businesses need to consider these when operating abroad? How can these factors be overcome?

Key focus on Tier 2 and 3 vocab

Week 7 - PBL

What comes next?

Write up of Assignment 2 Task 2 based on cultural factors

Learning aim E - strategies organisations use to operate internationally

Links to other curriculum areas

English - writing styles/frames

Business Unit 1 - Exploring business

Business Unit 2 - Developing a marketing campaign (analysis tools, research based tasks and international businesses niche and mass market)

PBL and EE Links

Business pathway?

Impact

How will this be assessed?

Portfolio 3 - Carry out a SWOT analysis on Greggs

In class:
DNA at the beginning of every lesson

Low stakes quizzing

Modelling of high quality sample coursework


Half Term 4

Intent

What are we building on?

Building on our knowledge of internal and external factors which contribute to business success (linking to unit 1 and 2 also) and understanding what strategies business can use to expand internationally.

Overarching theme, specification Link

In international business you will investigate strategic and operational approaches to business on a global basis and draw together your  understanding of the external influences which affect how businesses can trade internationally. You will complete the tasks using knowledge and understanding from your studies of the sector and apply both transferable and specialist knowledge and skills.

Implementation

What are we teaching?

Week 1 - (Learning aim D) Write up Assignment 2 Task 2 (P7, M4 and D4)

Hand in assignment 2 task 2

Week 2 - (Learning aim E) Strategies for operating internationally

What strategies do businesses use to operate internationally?

Key focus on Tier 2 and 3 vocab

Week 3 - (Learning aim E) Strategies for operating internationally and Why an organisation chooses a particular strategies

Portfolio 4: Write up 8 strategies for operating internationally using key terminology and notes from week 2

What does a business consider before choosing a particular strategy to operate internationally? Their budget, size, aims and objectives?

Week 4 - (Learning aim E) Standardisation vs adaptation, Financial considerations and Green sheet feedback

What is standardisation and adaptation? Why would a business adopt either of these methods? What are the benefits and drawbacks?

When an organisation is trying to expand internationally what financial consideration do they have to make?

Week 5 -  (Learning aim E) Organisational structure and Mcdonalds case study

How does organisational structure influence international business?

Which strategies have mcdonalds used to operate successfully on an international scale? How can I use the case study to achieve success in the assignment write up?

Week 6- Write up of Assignment 3 (P8, M5, D5) based on Mcdonalds case study

Using portfolio feedback to enhance written assignment

Week 7 - PBL

Hand in assignment 3

What comes next?

Unit 6 - Principles of management: you will examine how businesses adapt their approaches to management in response to challenges in their environment

Links to other curriculum areas

Business Unit 1 - Exploring enterprise

Business Unit 2 - Developing a marketing campaign

Business Unit 3 - Business finance

PBL and EE Links

Business pathway/PBL trip

Impact

How will this be assessed?

Portfolio 4 - 8 Business strategies

In class:
DNA at the beginning of every lesson

Low stakes quizzing

Modelling of high quality sample coursework


Half Term 5 - Unit 6

Intent

What are we building on?

Our knowledge of how businesses operate, the decisions that have to be made and factors that contribute to their success (Links to unit 1, 2 and 5).

Overarching theme, specification Link

In this unit, you will examine how businesses adapt their approaches to management in response to challenges in their environment. Depending on their roles and responsibilities, managers need to develop skill sets that enable them to work effectively in areas such as the management of people, financial, resource and quality management, and the management of change. You will investigate some of the issues that managers and leaders have to deal with in the workplace in making businesses more efficient and ensuring their survival and growth

Implementation

What are we teaching?

What comes next?

Links to other curriculum areas

PBL and EE Links

Impact

How will this be assessed?