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Download PDF of updated notes on the theory syllabus for CAIE IGCSE Business Studies, covering topics such as business activity, specialisation, added value, classification of businesses, mixed economy, enterprise, business plans and more.
Find updated notes for CIE IGCSE Business Studies (0450) syllabus for exams in 2020, 2021 and 2022. The notes cover topics such as business activity, people in business, marketing, operations, finance and external influences.
Access revision notes for IGCSE Business Studies (0450) covering all sections, with helpful resources like topical past papers, formula sheet etc.
CIE IGCSE BUSINESS STUDIES//0450 Page 2 of 30 1. UNDERSTANDING BUSINESS ACTIVITY 1.1 Nature of Business Activity • • Needs: goods or services that we need in order to live • Wants: goods or services which people would like to have. But are not essential for living. • Peoples wants are unlimited (you will always want something)
Understanding Business Activity. 1.1 Business Activity. The Nature of Business Activity. The Process of Adding Value. 1.2 Classification of Businesses. 1.3 Enterprise & Business Growth. 1.4 Types of Businesses. 1.5 Business & Stakeholder Objectives. 2. People in Business (HR) 2.1 Motivating Employees. 2.2 Organisation & People Management.
This study guide is going to be about IGCSE Business Studies, Third Edition by Karen Borrington and Peter Stimpson. For more information, visit this page. All credit goes to the authors. I...
NAME: 1.1 Business activity. 1.1.1 The purpose and nature of business activity. Needs – Goods and services (g+s) that are essential for living. E.g. food, shelter, and clothing. nd services (g+s) that people would like to have but a. Scarcity (the economic problem) – Resources are limited in.
