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IGCSE – BUSINESS STUDIES Cambridge IGCSE Business Studies is accepted by universities and employers as proof of an understanding of …

$495.00

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.

Course Currilcum

  • Understanding business activity: 00:00:00
  • Business activity 00:00:00
  • Classification of businesses 00:00:00
  • Enterprise, business growth and size 00:00:00
  • Types of business organisation 00:00:00
  • Business objectives and stakeholder objectives 00:00:00
  • People in business: 6. Motivating workers 00:00:00
  • Organisation and management 00:00:00
  • Recruitment, selection and training of employees 00:00:00
  • Internal and external communication 00:00:00
  • Marketing: 00:00:00
  • Marketing, competition and the customer 00:00:00
  • Market research 00:00:00
  • Marketing mix: product and price 00:00:00
  • Marketing mix: place and promotion 00:00:00
  • Marketing strategy 00:00:00
  • Operations management: 00:00:00
  • Production of goods and services 00:00:00
  • Costs, scale of production and break-even analysis 00:00:00
  • Achieving quality production 00:00:00
  • Location decisions 00:00:00
  • Financial information and decisions: 00:00:00
  • Business finance: needs and sources 00:00:00
  • Cash-flow forecasting and working capital 00:00:00
  • Income statements 00:00:00
  • Statement of financial position 00:00:00
  • Analysis of accounts 00:00:00
  • External influences on business activity: 00:00:00
  • Economic issues 00:00:00
  • Environmental and ethical issues 00:00:00
  • Business and the international economy 00:00:00
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