igcse business studies definitions pdf

02 Dec 2020
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Thank you for downloading our FREE business studies lesson plans, sponsored by Sytner. These may be assessed in the examinations but sometimes they are general outcomes. Below are additional Download Links to all the free Secondary School (High School) Resources for Form 1, Form 2, Form 3 and Form 4. Task 2 - Terms and definitions 023 Task 3 – Smart car info 024 Task 6 – 4 Ps questions 025 . Access our revision guides and practise questions online or by using our app. 17. Form 2 business notes. FREE (21) Popular paid resources. KCSE business studies syllabus. Bundle. Business Plan. LESSON PLAN BUSINESS STUDIES sponsored by Sytner Edexcel GCSE Business Flashcard Maker: Jonny P. 460 Cards – 12 Decks – 562 Learners Sample Decks: 1.1 - Enterprise and entrepreneurship, 1.2 - Spotting a Business Opportunity, 1.3 - Putting a business … This creates scarcity Factors… 2. GCSE BUSINESS STUDIES REVISION – March/April 2015 1. First edition. This becomes the next month’s opening cash balance, The finance needed by a new business to pay for essential fixed and current assets before it can start trading, Money spent on fixed assets which will last longer than a year, Money spent on day-to-day expenses which do not involve the purchase of a long-term asset, Refers to the levels of management and division of responsibilities within an organization, Outlines the responsibilities and duties to be carried out by someone employed to do a specific job, Giving authority to a subordinate to perform particular tasks. Definition Need A good or service essential for living Want A good or service which people would like to have but which is not essential for living. The information is presented in short blocks so that it is easy to read and remember. endstream endobj 241 0 obj <>stream Profits are needed to return to the owners… without profits, they are likely to close the business. endstream endobj 240 0 obj <>stream Business Objective. Top Igcse Business Studies Flashcards Ranked by Quality. These documents are part of a larger blended learning pack, developed to support GCSE Business Studies. The important components of the syllabus include the following: The aims of the syllabus. For each of the following businesses identify the factors of production used in the production process, state whether the business is capital-intensive or labour-intensive and explain your answer: i. Learners find out how the major types of business organisation are established, financed and run, and how their activities are regulated. %PDF-1.6 %���� in Business Studies. endstream endobj startxref The Cambridge IGCSE Business Studies syllabus develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. Cambridge IGCSE Business Studies Book PDF by Peter Stimpson, Karen Borrington (4th edition) Endorsed by Cambridge Assessment International Education for full syllabus coverage. These are designed and receiving cash from the sale of goods, An estimate of future cash inflows and outflows of a business, usually on a month by month basis. H�\��n�@E�|E/�E� ]U��,9v"y1�g> C�A����? ( Log Out /  This free Business Studies site provides resource notes and categorized questions to help students with GCSE and IGCSE Business revision. Past Papers Of Cambridge International Examinations (CIE)/IGCSE/Business Studies (0450)/2015 Nov/0450_w15_ms_12.pdf | PapaCambridge IGCSE Resources : Secondary: Oxford University Press Business Studies for IGCSE 1st Edition Download Answers to End of Chapter Questions and Scheme of Work This detailed scheme of work has been designed for teachers to use and refer to throughout the Cambridge IGCSE Business Studies (0450) course and provide them with ideas and inspiration for their activities in the classroom. Understanding business activity Chapters covered in this unit: 1.1 Business Activity 1.2 Classification of Businesses 1.3 Enterprise, business growth and size 1.4 Types of business organisation 1.5 Business objectives and stakeholder objectives rather than the government are run to . Level 1 ... A person who organises, operates and takes the risk for a new business venture. Preview Cambridge IGCSE Business Studies: Coursebook with CD-ROM (third edition), Mark Fisher, Veenu Jain, Cambridge University Press Complete IGCSE Business Studies Past Papers The Cambridge IGCSE Business Studies syllabus develops learners’ understanding of business activity in the public and private sectors, and the importance of innovation and change. iGCSE Business Studies Glossary Terms. 4. ( Log Out /  Write. Created. Start studying Cambridge IGCSE Business Studies Definitions. Continuous improvement of products and processes by focusing on quality at each stage of production, Result of an agreement between countries to use the same currency for all business and other transactions- e.g. Key Concepts: Terms in this set (21) Average Variable Costs. A café serving coffee, tea and snacks ii. Learn vocabulary, terms, and more with flashcards, games, and other study tools. [��1����Pqu��Pp��?��K{ϟU�K��D�7�>|q��:;Q��l��9_m,0�B�;� �s ˃`���.�(����פεJ~Z��Nk���~e��h�`� ���� 0450 BUSINESS STUDIES 0450/12 Paper 1 (Short Answer/Structured Response), ... Cambridge IGCSE ... profit margin (do not credit definitions or formulae) [max 2] Application [2] – award up to 2 marks for each relevant explanation in context of this business The resources include teaching/learning class notes, Topical (topic by topic) Questions and Answers, Termly Examination Papers and Marking Schemes, Lesson Plans, Powerpoint Notes and Slides, Schemes of Work, KCSE KNEC Past Papers, Confidentials and Marking … It stands for attention, interest, desire and action, The means by which a product is passed from the place of production to the customer or retailer, An independent person or business that is appointed to deal with the sales and distribution of a product or range of products. Key word glossary for Edexcel GCSE (9-1) Business Theme 1: Investigating small businesses. Flashcards. �%o�;��J~M\�O�>eA.����B��~9s:%f�G�/�%��~�W���l`zzxz�y��7rB%t� s��\A�0W�+t8�\A�pV�Y ���������������������gT���K�3Q�D���K9�|��1���o�7���������o�7���������o�7��W�-KԬ Read online IGCSE Business Studies (0450) - CIE Notes book pdf free download link book now. Start studying Cambridge IGCSE Business Studies Key Terms. Each section has a collection of revision notes, interactive quizzes, crosswords, gap fills, word search quiz, case studies, worksheets and lot of other goodies. Learn vocabulary, terms, and more with flashcards, games, and other study tools. In addition, Quick Route operates a small Cambridge IGCSE Business Studies Workbook of executive cars that it uses for exclusive work at the luxury end of the market. The syllabus has been divided into the following sections. Quality Control - when a product is reviewed by the firm after it has been produced. Foster a deeper understanding with a wide range of international case studies and exam preparation matched to the key knowledge students need for success. Created by pratyusha1999fb. endstream endobj 239 0 obj <>stream They are the return to the shareholders for investing in the business, A business based upon the use of the brand names, promotional logos and trading methods of an existing successful business, The increase in the average price level of goods and services over time, When people who are willing and able to work cannot find a job, Records the difference between a country’s exports and imports, The value of income and falls when the prices rise faster than money income, The total value of output of goods and services in a country in one year, The goods and services sod from one country to another country, Goods and services bought in by one country from another country, The price of one currency in terms of another, The fall in the value of currency compared with other currencies- it buys less of another currency than before, The rise in the value of currency compared with other currencies- it buys more of another currency than before, Any change by the government in tax rates or public sector spending, Added to the prices of goods and the taxpayers pay the tax as they purchase the goods, The level of income a taxpayer has after paying income tax, A physical limit to the quantity of a product that can be imported, A change in the interest rates by the government or central bank, Used by the government to improve the efficient supply of the goods and services in their country, Decision taken by a manager because of the moral code observed in that firm, Legal meeting which considers workers’ complaints of unfair dismissal or discrimination at work, Legal agreement between employer and employee listing the rights and responsibilities of the workers, Given by a government body to allow a business to build a factory in a particular location, A region of a country where businesses will receive financial support to establish there due to the high unemployment in that area, Something that limits or controls the actions and decisions of a company, Constraints over which a business has no direct control, When a business takes decisions that may benefit stakeholders other than shareholders, Formed by people who share a common interest and who will take action to try and change the government policy or business decisions, Valuation by a government agency of all the external and private costs and benefits resulting from a business decision, The costs paid by the rest of the society other than the business as a result of a business decision, The gains to the rest of the society other than the business resulting from a business decision, The costs of a business decision actually paid for by the business, The financial gains made by a business as a result of a business decision, Addition of the private and external costs of a business decision, Addition of the private and external benefits of a business decision, Costs which do not vary with the number of items sold or produced in the short term. 0 502113-learner-guide.pdf : cambridge igcse and o level business studies second edition revision guide.pdf : cie-igcse-businessstudies-0450-v1-znotes.pdf : gcse business studies instant revision.pdf : igcse-study-guide-for-business-studies.pdf ]��b����q�i����"��w8=�8�Y�W�ȁf8}ކ3�aK�� tx��g�^삠+v��!�a�{Bhk� ��5Y�liFe�̓T���?����}YV�-ަ��x��B����m̒�N��(�}H)&�,�#� ��o0 These are a description of the educational purposes of the course. This will then show the expected cash balance at the end of each month, The amount of cash held by the business at the start of the month, The difference between inflow and outflow of cash, Amount of cash held by the business at the end of each month. Clear and straightforward assessment strategy; Content covering digital marketing, social media, globalisation, supply chain management and international trade Change ), Government and Economic Influence on Business Activity, Follow Business Studies IGCSE on WordPress.com, A good or service which people would like to have but which is not essential for living. These are unlimited Economic Problem Results from their being unlimited wants but limited resources to provide the goods and services to satisfy these wants. Level 2. Hours of preparation goes into these, and they are presented to save you that time. All candidates take: and: Paper 1 1 hour 30 minutes Short Answer and Data Response 50% endstream endobj 236 0 obj <>/Metadata 40 0 R/Names 255 0 R/Outlines 59 0 R/Pages 230 0 R/StructTreeRoot 74 0 R/Type/Catalog>> endobj 237 0 obj <>/Font<>>>/Rotate 0/StructParents 0/Type/Page>> endobj 238 0 obj <>stream Showing top 8 worksheets in the category - Business Studies Igcse. Revision Checklist for IGCSE Business Studies 0450 A guide for Students hޜTmk�0�+��Q�^lI6�@�&�l+���t��X$��e�ߝ;v��4(���8='�$������ĕpyDh��'8h�L`8��{%w�&WWt���86�,IME��!��h�Lo'� �Lq�^�x\-M^C4��I��1�j]��6������hUG�Y��AP�}�TJZ�1��jgQ���_�e�_ �J[���E��ap? Start learning now! A café serving coffee, tea and snacks ii. Knowledge of terminology and business ideas 2. The final responsibility, however, remains in the hands of the manager, The structure in an organization which allows instructions to be passed down from senior management to lower levels of management, Number of subordinates working directly under a manager, Have direct authority over subordinates in their department. l~B �@�H+2��if��p�0�%-c �� �y&%,xu$�����!Ԁ:� �6� Business Studies Notes for IGCSE 2012 (All in one) in pdf Here is a pdf file with all Business Studies Notes for IGCSE 2012 for you to download. Subject. Learn. Ready to learn Section 1 2. Edexcel GCSE Business. Business. If there is a defect, the product cannot go on sale. Softcover. CIE IGCSE Business Studies vocabulary. IGCSE Business Studies 0450 About IGCSE Business Studies Syllabus The Cambridge IGCSE Business Studies syllabus develops learners’ understanding of business activity in the public and private sectors, and the importance of innovation and change. PLAY. Cambridge IGCSE Business Studies 0450 syllabus for 2020, 2021 and 2022. Change ), You are commenting using your Facebook account. These are unlimited, Results from their being unlimited wants but limited resources to provide the goods and services to satisfy these wants. H�ܗIo����+��9t��0���p��sc|�I�R rdq���>o����2� y�Z^W�z�W��6���>�޽��ڙo�9�n���z{sm.N7��ӳ��o��E;Z��)Վ�sC6�ױ�A���ϻ�?ܘ�?�\^�|4���x�˻��ݻ���۳?�2��W��\�k�����t��ƙ͛� {Xo6W0�/�Ɩ�`A�Z.�1GS]ޮ.N^�?6sry�8Fs�������nFoN��1Ynt��n �Q)P�� ? Legal controls on marketing. It is an invitation to the general public to buy shares in the newly formed PLC. Easy-to-understand homework and revision materials for your GCSE Business AQA ‘9-1’ studies and exams. Change ), You are commenting using your Google account. Franchisees use franchisor's ideas, names. Complete IGCSE Business Studies Past Papers The Cambridge IGCSE Business Studies syllabus develops learners’ understanding of business activity in the public and private sectors, and the importance of innovation and change. Book Condition: New. This creates scarcity, The resources need to produce goods or services. 3.4.2 The nature and impact of legal controls related to marketing. Join millions of people who are already learning for free on Memrise! Business Studies: IGCSE matches the content of the Cambridge International Examinations syllabus. Files: 0450_w19_gt.pdf : 0450_w19_in_21.pdf : 0450_w19_in_22.pdf : 0450_w19_in_23.pdf : 0450_w19_ms_11.pdf : 0450_w19_ms_12.pdf : 0450_w19_ms_13.pdf The aim is to produce a product assured of zero defects. Download IGCSE Business Studies (0450) - CIE Notes book pdf free download link or read online here in PDF. The important components of the syllabus include the following: The aims of the syllabus. Level 2. Created by pratyusha1999fb. Quality Assurance - when quality is ensured as the product / service is being built. Misleading promotion – Falsely advertise a product. Description. Level. Learners find out how the major types of business organisation are established, financed and run, and how their activities are regulated. Chapter 1: The purpose of Business Activity The economics problem: needs and wants. Over 100 multiple choice questions for EDEXCEL GCSE Business Studies (unit 1) Suitable for tests, games and lessons etc. This free Business Studies site provides resource notes and categorized questions to help students with GCSE and IGCSE Business revision. FREE (36) gboxford Edexcel A-level Business Exam Technique mat. This pack includes: 17 lesson plans Max. Provides teacher support for the Cambridge IGCSE, IGCSE (9-1) and O Level Business Studies syllabuses (0450/0986/7115) for examination from 2020. Enterprises Another word for businesses. 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. IGCSE Business Studies: Questions and Answers 3 Chapter 1.3 Factors of Production Questions a. It’s fast, it’s fun and it’s mind-bogglingly effective. Change ), You are commenting using your Twitter account. A detailed document issued by the directors of a company when they are converting it to a PLC status. 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. Level 1 Section 1 ... Business based upon the use of brand names and trading methods of an existing successful business. Start studying IGCSE Business Studies Glossary. n.�����ui���e�V��T�2Fo�(M��|���6�/�y4|�k��ɦ.J��6"�?A��7��'���"N�}L�q^%��,)�z��ʶ�]p;��{�5�ʧ�� �7c+ IGCSE Business Studies Notes 1. BUSINESS STUDIES REVISION BOOKLET INDUS INTERNATIONAL SCHOOL 2014-15 1 | P a g e 1. Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account. navinj. 235 0 obj <> endobj A level Business studies. Also definitions for both unit 1 and unit 3 for EDEXCEL GCSE Business Studies. Business Studies Notes for IGCSE 2012 (All in one) in pdf Here is a pdf file with all Business Studies Notes for IGCSE 2012 for you to download. For each of the following businesses identify the factors of production used in the production process, state whether the business is capital-intensive or labour-intensive and explain your answer: i. Economics dictionary / glossary Over 3000 terms defined and cross referenced via live links. CIE IGCSE Business Studies 0450. Cambridge IGCSE Business Studies 2.4 Internal and external communication 2.4.1 – Why effective communication is important and the methods used to achieve it Communication – Process by which information or instruction is exchanged between one group or person to another. Business Studies Formulas and Equations. A number of candidates needed to provide a precise definition to Question 3(a). They are able to take decisions in their departmental area, Specialist advisers who provide support to line managers and to the Board of Directors, Many decisions are not taken at the center of the business but instead are delegated to a lower level of management, Most decisions are taken at the center or higher levels of management, Very important decisions which can affect the overall success of the business, Tactical decisions are medium term, less complex decisions made by middle managers, Day-to-day decisions which will be taken by a lower level of management, The transferring of a message from the sender to the receiver who understands the message, The reply from the receiver which shows whether the message has arrived, been understood and, if necessary, been acted upon, Involves a message which does not call for or require a response, When the receiver gives a response to the message and there is discussion about it, When messages are sent between people working in the same organization, When messages are sent between one organization and another organization or an outside individual, The ways in which members of a group communicate with one another, The reason why employees want to work hard and effectively for the business, Payment relating to the number of sales made, A system whereby a proportion of the company’s profits is paid out to the employees, An additional amount of payment above basic pay as a reward for good work, Pay which is related to the effectiveness of the employee, A method of assessing the effectiveness of an employee, Enjoyment derived from feeling that you have done a good job, Involves workers swapping round and doing each specific task for only a limited time and then changing round again, Extra tasks of a similar level of work are added to a worker’s job description, Involves looking at jobs and adding tasks that require more skill and/or responsibility, Different approaches to dealing with people in a position of authority, When the manager expects to be in charge of the business and have their orders followed- there is little/no opportunity for workers to comment on anything. Weights & measures – Businesses can’t sell underweight goods (e.g. Questions requiring definitions and knowledge, such as parts (a) and (b) of each question were generally well answered. Types of Quality Improvements. All books are in clear copy here, and all files are secure so don't worry about it. This dictionary is primarily aimed at supporting secondary and tertiary students who are studying business and commerce related subjects. Spell. Form 3 business notes. Studies. Form 4 business notes. ���s� Supplies arrive just at the time they are needed. CIE IGCSE Business Studies 0450. 254 0 obj <>/Filter/FlateDecode/ID[<5B43C3AA3E226A459423618A929BDF6E>]/Index[235 30]/Info 234 0 R/Length 105/Prev 437599/Root 236 0 R/Size 265/Type/XRef/W[1 3 1]>>stream Business Structure, Organisation and Control Term Concise Definition Sole Trader A business owned and operated by one person, has unlimited liabil- ity. Involves a team guided by a leader where all individuals are involved in the decision-making process to determine what needs to be done and how it should be done. Here are a few examples. ... Moiz khan-September 14, 2017. %%EOF BBA & MBA Notes & Exam Studies. Business Studies Notes FREE pdf Downloads; KCSE business studies summarized revision PDF notes. Learners find out how the major types of business organisation are established, financed and run, and how their activities are regulated. It is written by an experienced Business Studies teacher and Match. �� �`�� the firm which has taken it over. Welcome to Memrise! Rules are strictly obeyed so that work is slowed down, Employees do their normal tasks but slower than usual, Employees refuse to comply with the new working practices, Employees refuse to work longer than their normal working hours, When trade unions and management agree to have pay disputes settled by an independent arbitrator instead of taking strike action, Listens to both sides in the industrial dispute and then gives a ruling on what they think is fair to both sides, Employees are locked out of their workplace by the employers, When employees contribute to decision-making in the business, Committees of workers who are consulted or informed on matters that affect employees, Where buyers and sellers come together to exchange products for money, A business whose main focus of activity is the product itself, A business which carries out market research to find out consumer wants before a product is developed and produced, Financial plan for the marketing of a product or product range for some specified period of time, Management process which identifies customer wants, anticipates future wants and then goes about satisfying them profitably, The percentage of total market sales held by one brand or business, Market is divided up into groups of consumers who have similar needs, A very large number of sales for a product, Small, specialized segment of a much larger market, Collection and collation of original data via direct contact with potential or existing customers, Information which has already been collected and is available for use by others, Set of questions to be answered as a means of collecting data for market research, Groups of people who agree to provide information about a specific product or general spending patterns over a period of time, When people are selected at random as a source of information for market research, When people are selected on the basis of certain characteristics as a source of information for market research, Unique name of a product that distinguishes it from other brands, When consumers keep buying the same brand again and again instead of choosing a competitor’s brand, Image or identity given to a product which gives it a personality of its own and distinguishes it from its competitors brands, The physical container or wrapping for a product- also used for promotion and selling appeal, Describes the stages a product will pass through from its introduction, through its growth until it is mature and then finally its decline, A cycle or series of cycles of economic expansion and contraction, Cost of manufacturing the product plus a profit mark-up, When prices are set lower than the competitors’ prices in order to be able to enter a new market, High price set for a new product on the market due to its novelty factor, Product is priced in line with or just below competitors’ prices to try to capture more of the market, When a product is sold at a very low price for a short period of time, When particular attention is paid to the effect that the price of a product will have upon the consumers’ perceptions of the product, The emphasis of advertising or sales promotion is to give full information about the product, Advertising or promotion which is trying to persuade the consumer that they really need the product and should buy it, Refers to the people who are potential buyers of a product or service, Simple way of planning an advert’s design. No changes to assessment for this subject. BUSINESS STUDIES GCSE; Revision Guide Unit 2: BUSINESS AND PEOPLE (Exam = 1 hour) Unit 3: PRODUCTION, FINANCE AND THE EXTERNAL BUSINESS ENVIRONMENT (Exam = 1.5 hours – Case Study) This revision book is split into the two units. Exemplar exam questions are provided at the end of each unit, similar to those found on papers one and two. STUDY. GCSE Business Studies Unit 3 Keywords and Definitions Marketing The management process that is responsible for anticipating, identifying and satisfying customer needs profitably Market Research The process of gaining information about customers, competitors and market trends through Owners of a business will aim for a satisfactory level of profits. The book covers the whole syllabus and is written in a concise manner. It allows followers a high degree of autonomy and self-rule, while at the same time offering guidance and support when requested, A group designated to carry out specific tasks within a business, Group of people who form independently of any official groups set up within a business and who have similar interests or something else in common, Identifies and records the responsibilities and tasks related to a job, Document which outlines the requirements, qualifications, expertise, physical characteristics etc. Welcome to IGCSE Business Studies. Cambridge IGCSE Business Studies revision & notes page. The pdf files for … �B�����Z����ɢ�~%�׷�"��ї�2'g�38��=��v���ܣ�к�#tk�Q>]��Ŵ���Le�� M��&?Њ���7��.V~t9�do��0#��܀o��`�Œ.����9M�}q������tzPԱ��>,�;�,j]>ꓔ�ZB��5��7���_b�}"��k�S>l5��a�t���$S ���2&��R�W^:>m��S�ֱ�0 J~�����l;��v�ێ�Xi6�����I����Ȅn�nwO��l�DsL�%�ZD|98wDz��e�a�|����0Fu�?|r�������ZM�b�mV�b�F��K�[Sv��?0����W�HęX��d���x���$�b��{pX����m�=7r���X� M�����Ր�����S���d�p �� �J� Ӥ�b��Hv�. 2j6�O'|̟_->���מin1��2o�y�`�t}����0�� Here are things to remember for the IGCSE Business exam covering sections 1 to 6 on the syllabus. h�b```��,�/22 � P��9>s3�Q�8�������+*:;g�p��2=��b iGCSE Business Studies Glossary Terms. Preview Cambridge IGCSE Business Studies: Coursebook with CD-ROM (third edition), Mark Fisher, Veenu Jain, Cambridge University Press v Get the most out of your Instant Revision e-Book 1 The facts – just what you need to know The chapters cover all the core Business Studies topics set by the Exam Boards. The Cambridge IGCSE Business Studies syllabus develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. The book has been written for students of IGCSE/ O levels Business Studies. $2%O��a���-~ q�({>[GkFG�8�Q@Sd��B��10���eTg ��9�Ē�E��K�1\�g�cb��W�ؘ��a#c8ĭ Learn vocabulary, terms, and more with flashcards, games, and other study tools. in Business Studies. Candidates would benefit from learning precise definitions for key terms. IGCSE Business Studies « eBook # TEOQS2Z6E3 IGCSE Business Studies By Chris J. Nutall Cambridge University Press, 2006. ( Log Out /  Ready to learn Section 2 3. Below are additional Download Links to all the free Secondary School (High School) Resources for Form 1, Form 2, Form 3 and Form 4. IGCSE Business Studies: Questions and Answers 3 Chapter 1.3 Factors of Production Questions a. Created by. You must use business words as much as possible. Needs are things we can't live without, … These may be assessed in the examinations but sometimes they are general outcomes. They show the level of sales a business must make in order to break even, The income during a period of time from the sale of goods and services, The level of sales at which total costs equal total revenue, The extra costs that a business will incur by producing one more unit of output, Total cost of production divided by total output, Factors that lead to a reduction in average costs as a business increases in size, Underlying movement or direction of data over time, Line drawn through a series of points which best show the trend of that data, Plans for the future containing financial or numerical targets, Financial records of a firm’s transactions, Produced at the end of the financial year and give details of the profit or loss made over the year and the worth of the business, Shows how the gross profit of a business is calculated, Cost of producing or buying in the goods actually sold by a business during a time period, Income to a business during a period of time from the sale of goods and services, Made when sales revenue is greater than the cost of goods sold, Profit made by a business after all the costs have been deducted form sales revenue, Shows the net profit and retained profit of a business, The fall in the value of a fixed asset over time, That part of the profit and loss account which shows how the profit will be distributed after tax- either given as dividends or kept in as retained profits, The net profit reinvested back into a company after deducting tax and payments to owners such as dividends, Shows the value of a business’s assets and liabilities at a particular time, Those items of value which are owned by the business, Shows how much profit is made as a proportion of the capital that has been invested in the business, Ability of a business to pay back its short-term debts, The cash inflows and outflows of a business over a period of time, The stages between paying out cash for labor, materials etc. Book has been divided into the following: the purpose of Business activity ppt.! Medi Houghton has significant experience, in both Business and teaching 1: Investigating small.! Teacher and No changes to assessment for this subject ) - CIE Notes book pdf download! The content of the syllabus 024 Task 6 – 4 Ps questions 025 papers and. The whole syllabus and is written by an experienced Business Studies: questions and Answers 3 1.3. Indus international SCHOOL 2014-15 1 | P a g e 1 access revision... ) Business Theme 2: Building a Business owned and operated by one person, has unlimited liabil-.. Precise definition to Question 3 ( a ) both unit 1 understanding Business activity ppt 1 are designed IGCSE! Also definitions for key terms grade each chapter ends with a wide range of resources! To Question 3 ( a ) or association of between 2 and 20 people who to. Activity the economics Problem: needs and wants private individuals showing top 8 worksheets in the newly PLC! Can you suggest an appropriate action and also discuss the advantages and disadvantages of the syllabus include the following.... Discuss the advantages and disadvantages of the course needs are things we ca n't live without …... The 'predator ' Business, i.e and exam preparation matched to the subject: terms in set. Words glossary for Edexcel GCSE Business AQA ‘ 9-1 ’ Studies and exams private individuals your GCSE Business Studies pdf... This creates scarcity, the resources need to produce goods or services tips worksheets. Examinations but sometimes they are general outcomes does not assume any prior of. An enquiry-based and active approach to the key knowledge students need for success it’s fun and it’s mind-bogglingly effective (. Weights & measures – Businesses can ’ t sell underweight goods ( e.g ) gboxford key words glossary for GCSE! Use of brand names and trading methods of an existing successful Business general outcomes syllabus for 2020, 2021 2022! 1 + 2 ) total Variable Costs/Output ( unit 1 and unit 3 for Edexcel GCSE Business Studies.... Suggest an appropriate action and also discuss the advantages and disadvantages of profits... To provide a precise igcse business studies definitions pdf to Question 3 ( a ) using our app in: you commenting... Link or read online here in pdf coffee, tea and snacks ii and questions! Ebook # TEOQS2Z6E3 IGCSE Business Studies revision & Notes page, tea and snacks.... Also available aims for IGCSE Business Studies vocabulary to close the Business as possible Edexcel Business. Written in a Concise manner approach/idea/theory etc 3 easy-to-understand homework and revision Notes students with GCSE and IGCSE Business teacher. Assured of zero defects Assurance - when quality is ensured as the /! Satisfy these wants agree to own and run, and how their activities are regulated a new Business.... Study tools are established, financed and run, and other study tools presented in short blocks so that is! To help students with GCSE and IGCSE Business Studeies unit 1 and unit 3 for Edexcel GCSE Studies! Theme 1: the purpose of Business organisation are established, financed and run, and more with,. Remember for the IGCSE Business Studies site provides resource Notes and categorized questions to help students with and! Organisation are established, financed and run a Business will aim for new. The owners of a Business will aim for a new Business venture at supporting secondary and students... Business Studeies unit 1 ) Suitable for tests, games, and are... Is being built: terms in this set ( 21 ) Average Variable Costs support GCSE Studies... Games, and all files are secure so do n't worry about.... Blocks so that it is an invitation to the subject use Business as... Detailed document issued by the directors of a larger blended learning pack, to. ( 32 ) gboxford Edexcel A-level Business exam Technique mat WordPress.com account international examinations syllabus over 100 multiple questions... To those found on papers one and two have complete freedom to make concerning. Or read online IGCSE Business exam covering sections 1 to 6 on the syllabus include the following the! Existing successful Business to buy shares in the examinations but sometimes they are needed free download link book.. Studies site provides resource Notes and categorized questions to help students with GCSE and IGCSE Business (...: needs and wants document containing the Business Answers 3 chapter 1.3 of... Names and trading methods of an existing successful Business profits, they needed! Larger blended learning pack, developed to support GCSE Business AQA ‘ 9-1 ’ Studies and exam preparation matched the... The specification 3 chapter 1.3 Factors of Production questions a digital resources on the syllabus in short blocks so it... The aim is to produce goods or services homework and revision Notes document issued by directors... Impact of legal controls related to marketing of an existing successful Business group association... ) total Variable Costs the major types of Business organisation are established, financed run... Lively text, which uses an enquiry-based and active approach to the key knowledge students for. This free Business Studies site provides resource Notes and categorized questions to help students GCSE. Hours of preparation goes into these, and other study tools system of maintaining in! Multiple choice questions for Edexcel GCSE ( 9-1 ) Business Theme 1: the aims of the educational purposes the! Studies are to be found in the examinations but sometimes they are general.! Wants but limited resources to provide a precise definition to Question 3 ( ). ( 0450 ) - CIE Notes book pdf free download link or read online IGCSE Business Studies site resource! Faster and ace your IGCSE Business Studies « eBook # TEOQS2Z6E3 IGCSE Business Studies &! A range of digital resources primarily aimed at supporting secondary and tertiary students who are studying and! ; KCSE Business Studies Notes free pdf Downloads ; KCSE Business Studies ( 0450 ) Categorised Paper... Or by using our app digital resource provides further guidance on syllabus and is written a! Resource provides further guidance on syllabus and assessment, lesson tips, worksheets and exam-style questions, both. Studies « eBook # TEOQS2Z6E3 IGCSE Business Studies site provides resource Notes and categorized to. A person who organises, operates and takes the risk for a new venture... Are in clear copy here, and more with flashcards, games, and with! Tertiary students who are studying Business and commerce related subjects each unit, similar to those found on one! To those found on papers one and two Studies « eBook # TEOQS2Z6E3 Business. To assessment for this subject is reviewed by the firm after it has divided. Invitation to the key knowledge students need for success the new Businesses short blocks so that it an! Buys out the owners of a Business will aim for a new Business venture is... ( a ) has significant experience, in both Business and teaching, … CIE IGCSE Business Notes! Costs/Output ( unit 1 understanding Business activity the economics Problem: needs and wants 1... based. Details about the operations, finance and owners of a Business will aim a... Formed PLC Business, i.e quizes and revision Notes in: you are commenting using your WordPress.com account by.! Blended learning pack, developed to support GCSE Business Studies revision & Notes page 20 people who are Business. Share of the syllabus has been produced Notes 1. Business Studies vocabulary as... Those found on papers one and two ) Average Variable Costs the new.... Cambridge IGCSE Business Studies vocabulary trading methods of an existing successful Business this digital resource provides guidance! Sponsored by Sytner whole syllabus and is written by an experienced Business Studies lesson plans, by... Your GCSE Business Studies ( 0450 ) - CIE Notes book pdf free download link book now a of! Following sections understanding with a wide range of digital resources your GCSE Business ‘. Download IGCSE Business Studies revision & Notes page questions, Mark Schemes, and. Need to produce a product is reviewed by the directors of a larger learning. Details below or click an icon to Log in: you are commenting using your Google account you. Glossary for Edexcel GCSE ( 9-1 ) Business Theme 1: Investigating small Businesses operates and takes risk... Answers 3 chapter 1.3 Factors of Production questions a and Answers 3 1.3! You must use Business words as much as possible goods ( e.g that it is an invitation to key... Results from their being unlimited wants but limited resources to provide the goods and to... And ace your IGCSE Business Studies Notes 1. Business Studies for students of O. Developed to support GCSE Business Studies revision BOOKLET INDUS international SCHOOL 2014-15 |! Questions to help students with GCSE and IGCSE Business revision also discuss the advantages igcse business studies definitions pdf. – can you suggest an appropriate action and also discuss the advantages and disadvantages of Cambridge! And remember of another Business which then becomes part of the new Businesses for success is ensured the! 1 understanding Business activity ppt 1 Notes page following sections your Twitter account... a who... Purpose of Business organisation are established, financed and run, and more flashcards! Snacks ii is written in a Concise manner on the syllabus Suitable for tests, and! N'T worry about it millions of people who are already learning for free Memrise. 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