In this lesso I cover:
Business cycle:
Main stages of the business cycle, e.g. growth, boom, recession, slump
Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP)
How government control over the economy affects business activity and how businesses may respond:
Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP)
Impact of changes in taxes and government spending
Impact of changes in interest rates
How businesses might respond to these changes
In this lesson I cover:
Enterprise and entrepreneurship
Characteristics of successful entrepreneurs
Contents of a business plan and how business plans assist entrepreneurs
Why and how governments support business start-ups, e.g. grants, training schemes
In this lesson I cover:
The purpose and nature of business activity
Concepts of needs, wants, scarcity and opportunity cost
Importance of specialisation
Purpose of business activity
The concept of adding value and how added value can be increased
There are four comprehensive PowerPoint presentations in this bundle covering everything students need to know for the below topics:
1.2.1 Customer needs
1.2.2 Market research
1.2.3 Market segmentation
1.2.4 The competitive environment
All presentations are informative, has images, questions and some activities.
In this PowerPoint presentation I cover:
Who business stakeholders are and their different objectives:
shareholders (owners),
employees, customers,
managers, suppliers, local community,
pressure groups, the government.
Stakeholders and businesses:
how stakeholders are affected by business activity
how stakeholders impact business activity
possible conflicts between stakeholder groups.
I have also added one extra lesson starter PowerPoint which talks and helps students understand conflict of between different stakeholders.
At the end of the presentation, there is an activity for students to put their learning into effect.
Stakeholder objectives and Business growth
complete revision covering:
what is Stakeholders
What is Objectives in business
Different Stakeholder objectives
Conflict between different stakeholder objectives
Business growth and how business size is measured
there is also 7 questions to practice.
in this powerpoint I cover the following key aspects of GCSE/ IGCSE business studies.
What is training
Why businesses train their employees?
What is Induction training
Different ways of training staff/ employee
I have also prepared some Questions to help students remember the key point of the revision session/ lesson.
This PowerPoint presentation covers:
Franchises
Co-operatives
Public sector organisations
There are also 10 questions at the end which students can you to practice to remember the key points of the lesion.
This PowerPoint presentation covers:
Sole trader
Partnership
Limited companies
There are also 12 questions at the end which students can you to practice to remember the key points of the lesion.
This is a good quick revision tool, that will help students remember the key points.
In this lesson I cover:
The role of market research and methods used:
* Market-orientated businesses (uses of market research information to a business)
* Primary research and secondary research (benefits and limitations of each)
* Methods of primary research, e.g. postal questionnaire, online survey, interviews, focus groups
* The need for sampling
* Methods of secondary research, e.g. online, accessing government sources, paying for commercial market research reports
* Factors influencing the accuracy of market research data
Presentation and use of market research results:
* Analyse market research data shown in the form of graphs, charts and diagrams; draw simple conclusions from such data
In this lesson, I cover the following:
Marketing, competition and the customer
* The role of marketing:
* Identifying customer needs
* Satisfying customer needs
* Maintaining customer loyalty
* Building customer relationships
Market changes:
Why customer/consumer spending patterns may change
The importance of changing customer needs
Why some markets have become more competitive
How businesses can respond to changing spending patterns and increased competition
Concepts of niche marketing and mass marketing:
Benefits and limitations of both approaches to marketing
How and why market segmentation is undertaken:
How markets can be segmented, e.g. according to age, socio-economic grouping, location,
gender
Potential benefits of segmentation to business
Recommend and justify an appropriate method
of segmentation in given circumstances
This is a complete lesson.
In this lesson I cover:
Identify and classify costs:
Classifying costs using examples, e.g. fixed, variable, average, total
Use cost data to help make simple cost-based decisions, e.g. to stop production or continue
Economics and diseconomies of scale:
The concept of economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical
The concept of diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination
Break-even analysis:
The concept of break-even
Construct, complete or amend a simple break-even chart
Interpret a given chart and use it to analyse a situation
Calculate break-even output from given data
Define, calculate and interpret the margin of safety
Use break-even analysis to help make simple decisions, e.g. impact of higher price
Understand the limitations of break-even analysis
In this lesson I cover:
The need for business finance:
The main reasons why businesses need finance, e.g. start-up capital, capital for expansion and additional working capital
Understand the difference between short-term and long-term finance needs
The main sources of finance:
Internal sources and external sources with examples
Short-term and long-term sources with examples, e.g. overdraft for short-term finance and debt or equity for long-term finance
Importance of alternative sources of capital, e.g. micro-finance, crowd-funding
The main factors considered in making the financial choice, e.g. size and legal form of business, amount required, length of time, existing loans
there is also an activity for students to get involved and remember.
In this lesson I cover:
Why quality is important and how quality production might be achieved:
What quality means and why it is important for all businesses
The concept of quality control and how businesses implement quality control
The concept of quality assurance and how this can be implemented
In this lesson I cover:
Environmental concerns and ethical issues as both opportunities and constraints for businesses:
How business activity can impact on the environment, e.g. global warming
The concept of externalities: possible external costs and external benefits of business decisions
Sustainable development; how business activity can contribute to this
How and why business might respond to environmental pressures and opportunities:
e.g. pressure groups
The role of legal controls over business activity affecting the environment, e.g. pollution controls
Ethical issues a business might face: conflicts between profits and ethics
How business might react and respond to ethical issues, e.g. child labour
I have included some key terms to remember for the exam.
Question at the end to help remember the main points of the lesson.
Grade descriptions are provided to give a general indication of the standards of achievement likely to have been shown by candidates awarded particular grades. The grade awarded will depend in practice upon the extent to which the candidate has met the assessment objectives overall and it might conceal weakness in one aspect of the examination which is balanced by above average performance in another.
This document explain what is required of students in IGCSE Business Studies exam for grade A – F.
Key points:
A Grade ‘A’ candidate should demonstrate the following?
A Grade ‘C’ candidate should demonstrate the following?
A Grade ‘F’ candidate should demonstrate the following?
You will find the answers inside.
Thank you for your purchase
In this lesson I cover:
The importance of globalisation:
* The concept of globalisation and the reasons for it
* Opportunities and threats of globalisation for businesses
* Why governments might introduce import tariffs and import quotas
Reasons for the importance and growth of multinational companies (MNCs):
Benefits to a business of becoming a multinational and the impact on its stakeholders
Potential benefits to a country and/or economy where a MNC is located, e.g. jobs, exports, increased choice, investment
Potential drawbacks to a country and/or economy where a MNC is located, e.g. reduced sales of local businesses, repatriation of profits
The impact of exchange rate changes:
Depreciation and appreciation of an exchange rate
How exchange rate changes can affect businesses as importers and exporters of products, e.g. prices, competitiveness, profitability (exchange rate calculations will not be assessed)
I have also included some questions to help students remember the key points.