IGCSE and GCSE Business Studies
IGCSE and GCSE Business Revision
"The 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 businesses. Successful Cambridge IGCSE Business Studies Learners will be able to appreciate the role of people in business." (CIE Syllabus 2022)
Hello fellow Business Studies students I hope you are finding the www.igcsebusiness.co.uk website helpful. This free Business site is divided into six parts under the navigation button notes section. Each of the six business topic sections contains notes to help you with you revision. In addition, there is a Cambridge International Examinations past papers section with complete papers and past paper questions categorized into topics to help you practise perfection. Remember these questions and notes can be used to help students revise any GCSE Business Studies course. Hopefully the resources on this website will be a valuable resource to teachers too! If you are an AS Level Accounting student or teacher please visit our sister site at http://www.alevelaccounts.weebly.com. Also check out www.igcseaccounts.com if you want to improve in IGCSE Accounts.
Hello fellow Business Studies students I hope you are finding the www.igcsebusiness.co.uk website helpful. This free Business site is divided into six parts under the navigation button notes section. Each of the six business topic sections contains notes to help you with you revision. In addition, there is a Cambridge International Examinations past papers section with complete papers and past paper questions categorized into topics to help you practise perfection. Remember these questions and notes can be used to help students revise any GCSE Business Studies course. Hopefully the resources on this website will be a valuable resource to teachers too! If you are an AS Level Accounting student or teacher please visit our sister site at http://www.alevelaccounts.weebly.com. Also check out www.igcseaccounts.com if you want to improve in IGCSE Accounts.
Do you need Past Papers & Answers by topic?
Section 1- Understanding Business Activity in terms of Enterprise, types of company, business organisation. growth and stakeholder objectives.
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Section 2 - People in business in terms of motivation, leadership, management, communication and human resource management.
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Section 3 - Marketing in terms of the marketing mix, strategy and market research.
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Section 4 - Operations Management in terms of production, costs, break-even analysis, quality and location decisions.
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Section 5 - Financial Information in terms of sources of finance, cash flow forecasting, Income Statements, Balance Sheets, and business ratios.
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Section 6 - External Influences on business activity in terms of government economic objectives, environmental issues and business in the international economy.
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Unit 1 - Understanding business activity
1- What is the difference between Primary, Secondary and Tertiary Sectors of Industry?
2- What is the difference between a Need and a Want?
3- What is the difference between a Consumer & Producer Good?
4- What is a Service?
5- What is a Retailer?
6- What is the difference between the Public and Private Sector?
7- What is a Sole Trader & Unlimited Liability?
8- What is a Partnership Business & a Deed of Partnership?
9- What are the disadvantages of setting up a Partnership business?
10- What is Limited Liability and Private Limited Companies?
11- What is a Public Limited Company?
12- What is the difference between a Social Enterprise and a Charity?
13- Why do Business Entrepreneurs Want to Set Up Their Own Business?
14- What are the functions of an Entrepreneur?
15-What Motivates an Entrepreneur?
16- What is the difference Between a Business Aim and Objective?
17- Why do some Businesses Decide to Remain Small?
18- What is the Difference Between an Internal & External Stakeholder?
19- What is Internal Organic Business Growth?
20- What is External Business Growth & Diversification?
21- How do you measure the Size of a Business & what is the Impact on Stakeholders?
22- What are the different types of Integration and Internal Economies of Scale?
23- What are the Advantages and Disadvantages of being a Franchisor?
24- What are the Advantages and Disadvantages of being a Franchisee?
25- What is a Business Plan?
Unit 2 - People in Business
26- What is the Role of a Human Resoureces Department (HR)?
27- What is the difference between flexible & Zero Hour Contracts?
28- What are the Steps in the Recruitment Process?
29- What is the difference between a Job Description and a Job Specification?
30- Why is Training Important to a Business?
31- What are the Different Types of Training?
32- What are Organisational Job Roles and Charts?
33- What is Delayering in Tall & Flat Organisational Structures?
34- How do Organisational Charts help with Communication?
35- Why is Effective Communication Important in a Business?
Unit 3 - Marketing
36- What are the Functions of a Marketing Department?
37- What is the Difference Between Primary & Secondary Market Research?
38- Why are a Unique Selling Point and Product Differentiation Important in the Marketing Mix?
39- What are the Stages in a Product Life Cycle from Growth to Decline?
40- How Can a Company use an Extension Strategy to Stop a Decline in Product Sales?
41- What Different Pricing Strategies Can a Company Use to Sell it's Products?
42- How is Promotion used in the Marketing Mix?
43- What is the Difference Between Above the Line and Below the Line Marketing Promotion?
44- How is Place used in the Marketing Mix to reach Customers?
45- What is E-Commerce & M-Commerce?
46- Why is the Sales Process and Customer Service so Important to a Business?
Unit 4 Operations Management
47- What is the Difference Between Job, Batch and Flow Mass Production?
48- What is the Difference Between Quality Control and Quality Assurance?
49- What is Total Quality Management (TQM)?
50- Why is the Supply Chain Important to the Success of a Business?
51- How Does a Business Choose a Supplier?
52- How Does a Business Control Stock Levels to Meet Customer Demand?
53- What is the Difference Between Computer Aided Design and Computer Aided Manufacturing?
Unit 5 - Financial Information Financial Decisions
54- Why Do Businesses Need Finance?
55- What are the Internal Sources of Finance a Business Can Raise Money From?
56- What are the External Sources of Finance a Business Can Raise Money From?
57- Why is Cash Flow and Solvency Important for a Business?
58- How Can a Business Improve it's Cash Flow Position?
59- What is an Income Statement Trading Account?
60- What is an Income Statement Profit Loss & Appropriation Accounts?
61- What is the Difference Between Fixed and Current Assets in a Balance Sheet?
62- How is a Balance Sheet Constructed?
63- What is the Difference between Liquidity and Profitability Ratios?
64- What is the Difference between Breakeven, Contribution, Profit and Total Costs?
Check out our YouTube One Minute Revision Videos
Click the Chapter Links Below to Watch for FREE!
Unit 1 - Understanding business activity
1- What is the difference between Primary, Secondary and Tertiary Sectors of Industry?
2- What is the difference between a Need and a Want?
3- What is the difference between a Consumer & Producer Good?
4- What is a Service?
5- What is a Retailer?
6- What is the difference between the Public and Private Sector?
7- What is a Sole Trader & Unlimited Liability?
8- What is a Partnership Business & a Deed of Partnership?
9- What are the disadvantages of setting up a Partnership business?
10- What is Limited Liability and Private Limited Companies?
11- What is a Public Limited Company?
12- What is the difference between a Social Enterprise and a Charity?
13- Why do Business Entrepreneurs Want to Set Up Their Own Business?
14- What are the functions of an Entrepreneur?
15-What Motivates an Entrepreneur?
16- What is the difference Between a Business Aim and Objective?
17- Why do some Businesses Decide to Remain Small?
18- What is the Difference Between an Internal & External Stakeholder?
19- What is Internal Organic Business Growth?
20- What is External Business Growth & Diversification?
21- How do you measure the Size of a Business & what is the Impact on Stakeholders?
22- What are the different types of Integration and Internal Economies of Scale?
23- What are the Advantages and Disadvantages of being a Franchisor?
24- What are the Advantages and Disadvantages of being a Franchisee?
25- What is a Business Plan?
Unit 2 - People in Business
26- What is the Role of a Human Resoureces Department (HR)?
27- What is the difference between flexible & Zero Hour Contracts?
28- What are the Steps in the Recruitment Process?
29- What is the difference between a Job Description and a Job Specification?
30- Why is Training Important to a Business?
31- What are the Different Types of Training?
32- What are Organisational Job Roles and Charts?
33- What is Delayering in Tall & Flat Organisational Structures?
34- How do Organisational Charts help with Communication?
35- Why is Effective Communication Important in a Business?
Unit 3 - Marketing
36- What are the Functions of a Marketing Department?
37- What is the Difference Between Primary & Secondary Market Research?
38- Why are a Unique Selling Point and Product Differentiation Important in the Marketing Mix?
39- What are the Stages in a Product Life Cycle from Growth to Decline?
40- How Can a Company use an Extension Strategy to Stop a Decline in Product Sales?
41- What Different Pricing Strategies Can a Company Use to Sell it's Products?
42- How is Promotion used in the Marketing Mix?
43- What is the Difference Between Above the Line and Below the Line Marketing Promotion?
44- How is Place used in the Marketing Mix to reach Customers?
45- What is E-Commerce & M-Commerce?
46- Why is the Sales Process and Customer Service so Important to a Business?
Unit 4 Operations Management
47- What is the Difference Between Job, Batch and Flow Mass Production?
48- What is the Difference Between Quality Control and Quality Assurance?
49- What is Total Quality Management (TQM)?
50- Why is the Supply Chain Important to the Success of a Business?
51- How Does a Business Choose a Supplier?
52- How Does a Business Control Stock Levels to Meet Customer Demand?
53- What is the Difference Between Computer Aided Design and Computer Aided Manufacturing?
Unit 5 - Financial Information Financial Decisions
54- Why Do Businesses Need Finance?
55- What are the Internal Sources of Finance a Business Can Raise Money From?
56- What are the External Sources of Finance a Business Can Raise Money From?
57- Why is Cash Flow and Solvency Important for a Business?
58- How Can a Business Improve it's Cash Flow Position?
59- What is an Income Statement Trading Account?
60- What is an Income Statement Profit Loss & Appropriation Accounts?
61- What is the Difference Between Fixed and Current Assets in a Balance Sheet?
62- How is a Balance Sheet Constructed?
63- What is the Difference between Liquidity and Profitability Ratios?
64- What is the Difference between Breakeven, Contribution, Profit and Total Costs?
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Chapter 1: Purpose of Business Activity - Kahoot Click Here Quizizz Click Here
Chapter 2: Classification of Businesses - Kahoot Click Here Quizizz Click Here
Chapter 3: Enterprise, business growth and size - Kahoot Click Here Quizizz Click Here
Chapter 4: Types of business organisation - Kahoot Click Here Quizizz Click Here
Chapter 5: Business Objectives and Stakeholder Objectives - Kahoot Click Here Quizizz Click Here
Chapter 6: Motivating workers - Kahoot Click Here Quizizz Click Here
Chapter 7: Organization and management - Kahoot Click Here Quizizz Click Here
Chapter 8: Recruitment & Training - Kahoot Click Here Quizizz Click Here
Chapter 9: Communication - Kahoot Click Here Quizizz Click Here
Chapter10: Marketing, competition and the customer! - Kahoot Click Here Quizizz Click Here
Chapter 11: Market Research - Kahoot Click Here Quizizz Click Here
Chapter 12: The Marketing Mix: Product - Kahoot Click Here Quizizz Click Here
Chapter 13: The Marketing Mix: Price - Kahoot Click Here Quizizz Click Here
Chapter 14: The Marketing Mix Promotion - Kahoot Click Here Quizizz Click Here
Chapter 15 The Marketing Mix: Place - Kahoot Click Here Quizizz Click Here
Chapter 17: Production of Goods & Services - Kahoot Click Here Quizizz Click Here
Chapter 18: Costs & Revenues - Kahoot Click Here Quizizz Click Here
Chapter 19: Achieving Quality Production - Kahoot Click Here Quizizz Click Here
Chapter 20: Location Decisions - Kahoot Click Here Quizizz Click Here
Chapter 21: Raising Business Finance - Kahoot Click Here Quizizz Click Here
Chapter 22: Cash Flow Forecasting & Working Capital - Kahoot Click Here Quizizz Click Here
Chapter 23: Income Statements - Kahoot Click Here Quizizz Click Here
Chapter 24: The Balance Sheet - Kahoot Click Here Quizizz Click Here
Chapter 25: Financial Ratios - Kahoot Click Here Quizizz Click Here
Chapter 26: Government Economic Policies and Objectives - Kahoot Click Here Quizizz Click Here
Chapter 27: Environmental & Ethical Issues - Kahoot Click Here Quizizz Click Here
Chapter 28: Business & the International Economy - Kahoot Click Here Quizizz Click Here
Check out our Free Kahoot & Quizizz Games!
Chapter 1: Purpose of Business Activity - Kahoot Click Here Quizizz Click Here
Chapter 2: Classification of Businesses - Kahoot Click Here Quizizz Click Here
Chapter 3: Enterprise, business growth and size - Kahoot Click Here Quizizz Click Here
Chapter 4: Types of business organisation - Kahoot Click Here Quizizz Click Here
Chapter 5: Business Objectives and Stakeholder Objectives - Kahoot Click Here Quizizz Click Here
Chapter 6: Motivating workers - Kahoot Click Here Quizizz Click Here
Chapter 7: Organization and management - Kahoot Click Here Quizizz Click Here
Chapter 8: Recruitment & Training - Kahoot Click Here Quizizz Click Here
Chapter 9: Communication - Kahoot Click Here Quizizz Click Here
Chapter10: Marketing, competition and the customer! - Kahoot Click Here Quizizz Click Here
Chapter 11: Market Research - Kahoot Click Here Quizizz Click Here
Chapter 12: The Marketing Mix: Product - Kahoot Click Here Quizizz Click Here
Chapter 13: The Marketing Mix: Price - Kahoot Click Here Quizizz Click Here
Chapter 14: The Marketing Mix Promotion - Kahoot Click Here Quizizz Click Here
Chapter 15 The Marketing Mix: Place - Kahoot Click Here Quizizz Click Here
Chapter 17: Production of Goods & Services - Kahoot Click Here Quizizz Click Here
Chapter 18: Costs & Revenues - Kahoot Click Here Quizizz Click Here
Chapter 19: Achieving Quality Production - Kahoot Click Here Quizizz Click Here
Chapter 20: Location Decisions - Kahoot Click Here Quizizz Click Here
Chapter 21: Raising Business Finance - Kahoot Click Here Quizizz Click Here
Chapter 22: Cash Flow Forecasting & Working Capital - Kahoot Click Here Quizizz Click Here
Chapter 23: Income Statements - Kahoot Click Here Quizizz Click Here
Chapter 24: The Balance Sheet - Kahoot Click Here Quizizz Click Here
Chapter 25: Financial Ratios - Kahoot Click Here Quizizz Click Here
Chapter 26: Government Economic Policies and Objectives - Kahoot Click Here Quizizz Click Here
Chapter 27: Environmental & Ethical Issues - Kahoot Click Here Quizizz Click Here
Chapter 28: Business & the International Economy - Kahoot Click Here Quizizz Click Here