IGCSE – BUSINESS STUDIES
Cambridge IGCSE Business Studies is accepted by universities and employers as proof of an understanding of business concepts and techniques across a range of different types of businesses. Learners will be able to:
• understand different forms of business organizations, the environments in which businesses operate and
business functions such as marketing, operations, and finance
• appreciate the role of people in business success.
They will also gain lifelong skills, including:
• the ability to calculate and interpret business data
• communication skills needed to support arguments with reasons
• the ability to analyze business situations and reach decisions or judgments.
Aims
The aims describe the purposes of a course based on this syllabus.
The aims are to enable students to:
• apply their knowledge and critical understanding to current issues and problems in a wide range of business contexts
• make effective use of relevant terminology, concepts, and methods, and recognize the strengths and limitations of the ideas used in business
• distinguish between facts and opinions, and evaluate qualitative and quantitative data in order to help build arguments and make informed judgments
• appreciate the perspectives of a range of stakeholders in relation to the business environment, individuals, society, government, and enterprise
• develop knowledge and understanding of the major groups and organizations within and outside business, and consider ways in which they are able to influence objectives, decisions, and activities
• develop knowledge and understanding of how the main types of businesses are organized, financed, and operated, and how their relations with other organizations, consumers, employees, owners, and society are
regulated
• develop skills of numeracy, literacy, inquiry, selection, and use of relevant sources of information, presentation, and interpretation
• develop an awareness of the nature and significance of innovation and change within the context of business activities
• acquire a foundation for further study of business or other subjects.
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