IGCSE Business Studies

IGCSE BUSINESS STUDIES REVISION

Business and the environment in which it operates

  • What is business activity
  • Business objectives
  • Sole Traders
  • Partnerships
  • Franchises
  • Limited liability Companies
  • Multinational Companies
  • Factors affecting choice of an organisation
  • Factors of production
  • Primary, Secondary and tertiary production
  • Business Location
  • Government influence on businesses – economic policy and regional policy
  • Government influence on businesses – legislation and other controls
  • International Trade
  • exchange rates
  • External Influences
  • Judging business success

Human Resources

  • Internal organisation
  • Departmental functions
  • Communication in business
  • Methods of communication
  • Recruitment and selection
  • Legislation and human resources
  • Training
  • Motivation at work
  • Financial rewards
  • Non-financial rewards

Accounting and Finance

  • Sources of finance : short-term
  • Sources of finance : long-term
  • Working Capital
  • Budgets
  • Cash flow Forecasts
  • Costs
  • Break-even analysis
  • The profit and loss account and balance sheet
  • The purpose of accounts
  • Ratio analysis

Marketing

  • Markets and the role of marketing
  • Market segmentation
  • The marketing mix
  • The marketing mix : Price
  • The marketing mix : Promotion
  • The marketing mix : Place
  • The marketing mix : Product
  • Market research

Production

  • Economies and diseconomies of scale
  • Methods of production and productivity
  • Lean production
  • Technology and business
  • Quality