The Business Studies department recently ran “Project Business” for all boys in Year 10. As boys start to think about their subject choices for GCSE, this fun event gave all boys an opportunity to experience some of the key topics covered in GCSE Business Studies. Boys had the chance to think about who are the stakeholders in a business, how to organise production, how clever marketing can increase your profits and the importance of handling finance. During the event, boys set up and managed their own jewellery business, making bead bracelets. A Level Business Studies students played the role of the bead supplier and the retailer so the boys also learnt the art of negotiation as well as key teamwork and communication skills. We were also joined by former RBAI pupil Richard Cousins, who now works for EY and is a business volunteer with Young Enterprise – he played the role of the investor and was responsible for assessing which company was most profitable!
Thanks to Barbara from Young Enterprise for facilitating the event along with Richard and to the Sixth form who assisted. We hope that boys will now be able to make more informed choices regarding their GCSE subjects. Anyone with any further questions should speak to Miss Reid in F2.
Barbara Edgar for Young Enterprise introduces Year 10 to the key concepts of running a buisness.
Former pupil Richard Cousins, now working with EY, was our business volunteer taking on the role of investor.
Goods under a quality inspection.
Negotiations with the suppliers weren't always straightforward!
A deal is sealed with the jewellery shop!
Thomas Johnston 10J successfully completes a deal with Sixth Form volunteer Callum O'Neill.