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Edexcel IGCSE Business Revision Notes. Concise resources for the Edexcel IGCSE Business course. 1. Business Activity & Influences on Business. Business Objectives. Financial & Non-financial Objectives. Reasons why Business Objectives may Change. Types of Organisations. Classification of Businesses.
IGCSE BUSINESS CALCULATIONS UNITS 1-4. Revenue: income earned from selling products. Sometimes called sales, sales revenue or turnover. Total revenue is found by multiplying selling price per item by the quantity (amount) of items sold.
This document contains formulas and definitions for key business and accounting concepts used in IGCSE Business Studies. It includes formulas for adding value, productivity, revenue, costs, profit, break-even analysis, cash flow, profitability ratios, and liquidity ratios.
Businesses can be classi ed into three sectors: Industry extracts and uses the earth's natural resources to produce raw materials for other businesses. The industry manufactures goods using the raw materials provided by the primary sector. The Industry provides services to consumers and other industry sectors.
The Pearson Edexcel International GCSE in Business qualification enables students to: develop an interest in and enthusiasm for the study of business. develop an understanding of business concepts, business terminology, business objectives and the integrated nature of business activity.
This document provides definitions for common business formulae used in calculating financial metrics like revenue, costs, profits, productivity, margins, ratios and break-even analysis. It defines 16 key formulas including defining revenue as quantity sold times price, profit as revenue minus costs of sales, and break-even point as fixed costs ...
All of the notes below have been updated to match the CIE IGCSE Business Studies (0450) syllabus for examinations in 2020, 2021 and 2022. 1. Understanding Business Activity. 1.1 – Business Activity. 1.2 – Classification of Businesses. 1.3 – Enterprise, Business Growth and Size. 1.4 – Types of Business Organizations.
