Business Studies – 0450

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

1.5 – Business Objectives and Stakeholder Objectives

2. People in Business

2.1 – Motivating Workers

2.2 – Organisation and Management

2.3 – Recruitment, Selection and Training of Workers

2.4 – Internal and External Communication

3. Marketing

3.1 – Marketing, Competition and the Customer

3.2 – Market Research

3.3 – Marketing Mix

3.4 – Marketing Strategy

4. Operations Management

4.1 – Production of Goods and Services

4.2 – Costs, Scale of Production and Break-even Analysis

4.3 – Achieving Quality Production

4.4 – Location Decisions

5. Financial Information and Decisions

5.1 – Business Finance: Needs and Sources

5.2 – Cash Flow Forecasting and Working Capital

5.3 – Income Statements

5.4 – Statement of Financial Position

5.5 – Analysis of Accounts

6. External Influences on Business Activity

6.1 – Economic Issues

6.2 – Environmental and Ethical Issues

6.3 – Business and the International Economy

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