Skills for Work: Business Finance
Mae disgrifiad y cymhwyster yn Saesneg yn unig, gan ei fod wedi ei gymryd o fanyleb Saesneg Open Awards.
Business Finance is an Open Awards Skills for Work unit in which learners learn how businesses raise money, cover costs and set prices, and plan, run and review a fundraising or small business activity. Each level, from Entry 1 to Level 2, is a separate 20 hour, 2 credit unit, assessed through school-designed tasks collected in a portfolio and judged Pass or Fail. Digital demand is low: Digital competence is listed as a cross-curricular skill and the guidance mentions digital templates, online sales and crowdfunding, but no criterion requires digital work, so spreadsheets, online research and digital promotion depend on the school's choices.
- Corff dyfarnu
- Open Awards
- Lefel
- Entry Level 1 to Level 2
- Oriau dysgu dan arweiniad
- 20
- Addysgu gyntaf
- Medi 2027
- Faint o waith digidol
- Isel
- Manyleb
- Agor y fanyleb
Sut mae'r uned hon yn cael ei hasesu
- Entry Level 1 (CBM196) and Entry Level 2 (CBM197): Three outcomes at each level: know what a business is, take part in a fundraising activity, and identify what went well and what could be improved. Entry 1 learners give an example of a local business and a national organisation, state one way a business raises money, take part in a supported fundraising activity and show one action, such as collecting money or helping record simple totals. Entry 2 learners identify a range of businesses, an aim, one source of money and one cost, contribute to planning and running the activity, and identify its outcome and one improvement. Provider-designed tasks collected in a portfolio. 20 guided learning hours and 2 credits at each level, Pass or Fail.
- Entry Level 3 (CBM198) and Level 1 (CBM199): Entry 3 learners give features of a business, explain why customers matter and ways businesses make money with one advantage and disadvantage, produce a simple plan, take part and measure success by counting money, customers or items sold, and reflect. Level 1 learners define income, cost, price, profit, loss and budget, identify three common costs and two income sources, describe how to set a price and the risk and benefit of two financial decisions, plan a small business activity with a simple budget, carry it out keeping a record of money received and spent, calculate profit or loss and describe an improvement. Provider-designed tasks collected in a portfolio. 20 guided learning hours and 2 credits at each level, Pass or Fail.
- Level 2 (CBM200): Eleven criteria across three outcomes: explain three ways of raising money with an advantage and disadvantage of each and compare two for a scenario with a recommendation, explain how financial decisions affect business performance and why pricing matters, produce a business plan with estimated costs, projected profit and a cash-in and cash-out plan, justify the funding and pricing approach, carry out the activity and accurately record money in and out, individually evaluate success using evidence such as actual against planned income, and produce an action plan with tangible improvements. Provider-designed tasks collected in a portfolio. 20 guided learning hours, 2 credits, Pass or Fail.
Sgiliau sy'n defnyddio Cyrchu, chwilio a chynllunio cynnwys digidol
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Researching funding methods and online selling
Entry 2 guidance lists sales in person or online, Entry 3 and Level 1 list crowdfunding, and Level 2 learners explain at least three methods such as sales revenue online or in person, bank loans and crowdfunding, then compare two for a scenario and recommend one. The explanations are assessed, but online research is not required; the resources include digital devices for research.
DCF: Cyrchu, chwilio a chynllunio cynnwys digidol
Paratoi disgyblion
- Blwyddyn 7
- Pupils search for two examples of small businesses that sell online and note what they sell and how customers pay.
- Blwyddyn 8
- Pupils research a real crowdfunding project, record how much it aimed to raise and whether it succeeded, and note the source.
- Blwyddyn 9
- Pupils compare information about business loans from a bank website and an independent advice site, and judge which is more reliable.
Dangos geiriad y fanyleb a datganiadau'r FCD
Ble mae yn y fanyleb: Entry 2, criterion 1.3, page 16; Entry 3 and Level 1, criterion 1.3, pages 19 and 23; Level 2, criteria 1.1 to 1.3, Indicative Content page 27; Physical Resources, page 7
“Sales revenue (online or in-person)”
Cam cynnydd 3
Rwy'n gallu addasu geiriau allweddol a thechnegau chwilio er mwyn dod o hyd i wybodaeth berthnasol.
Rwy'n gallu dechrau cyfeirnodi ffynonellau a ddefnyddir yn fy ngwaith, ac ystyried a yw’r cynnwys yn ddibynadwy.
Cam cynnydd 4
Rwy'n gallu chwilio amrywiaeth o ffynonellau gan ddefnyddio technegau chwilio perthnasol a mwy cymhleth.
Rwy'n gallu gwerthuso dibynadwyedd ffynonellau gwybodaeth gan gyfiawnhau fy marn a’m rhesymau dros ddewisiadau, a chyfeirnodi gwaith gan ddefnyddio dulliau priodol.
Da gwybod
- Each level is a separate unit with its own code, worth 2 credits and 20 guided learning hours: CBM196 (Entry 1), CBM197 (Entry 2), CBM198 (Entry 3), CBM199 (Level 1) and CBM200 (Level 2); every unit page states "Guided Learning Hours: 20" (Unit Content, pages 12 to 26).
- Only one level counts in a qualification: "with the exception of British Sign Language (BSL), units with the same title at different levels are barred for completion within the same qualification" (Level 1 Qualification Guide, Qualification Units, page 17).
- Tasks are set by the school: the unit is "assessed through assessment tasks and activities designed by the provider", tasks need pre-course verification, and "All assessment criteria must be met in full for the learner to be awarded a 'pass'" (Assessment Approach, page 8).
- Fundraising can be done in groups: "learners may work in small groups but only their individual contributions can be assessed", and individual work is flagged in the guidance (Assessment Approach, page 8). At Level 2 learners "must individually evaluate" the activity (page 29).
- Evidence goes in a portfolio of evidence, on paper or digital, and "Wherever possible, e-portfolios are encouraged" (Assessment Approach, page 8).
- Resources must include "access to digital devices (e.g., computers or tablets) for research and completing financial tasks", calculators, budgeting templates, and "access to online tools or simulated banking environments where appropriate" (Physical Resources, page 7).
- The unit specification has no rule on AI tools; the qualification guide only requires that evidence must "Be the learner's own work" (Level 1 Qualification Guide, Assessment Conditions, page 30).
- Document slips: Entry 2 lists "Requipment" (page 16) and "Identify on way" (page 15); Level 1 says "competed project" (page 24); Level 2 says "recoding money" (page 29) and its action plan examples keep placeholder text such as "Adjust pricing to xx" (page 29); and in the progression table the Entry 3 cell for costs, income and pricing repeats funding content, "Begin to understand pros/cons" of raising money (page 4).
Cysylltiadau â chymwysterau eraill
Business Finance links with GCSE Business, which covers sources of finance, costs, revenue, profit, pricing and cash flow, and with GCSE Digital Technology where records and forecasts are kept in spreadsheets. Within the WJEC Skills Suite, Enterprise and Running a business share planning and running an activity. Within the Open Awards Skills Suite, Financial Literacy builds the same budgeting skills for personal money, and Community Participation shares planning a community or fundraising project. Compared with the Agored Cymru Business finance unit, which assesses a profit and loss account and cash flow forecast built in a spreadsheet at Level 1 and Level 2, the Open Awards unit leaves the recording format open, naming "digital templates" only as one choice, so it has less required digital work.
Ffynhonnell: Open Awards Skills for Work Unit Specification, Business Finance, Entry Level 1 to Level 2.