51ºÚÁÏ

Topic: The Purpose and Nature of BusinessActivity Specialisation ‘ppt’ IGCSE Business Studies.
Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs.
User guidelines:

1. Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class.
2. Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time.
3. Let students work on the activities provided.
4. Watch and guide them individually or collectively as the needs arise, such that they
   understand and do the needful.
5. Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards.

Lesson Objectives
At the completion of the lesson, all students should be able to;
Identify and explain the purpose and nature of business activity.
Explain concepts of needs, wants, scarcity and opportunity cost.
Importance of specialisation. Purpose of business activity
Class Activities with Answers