This resource is made for Business Studies and Economics IGCSE
At the end of the lesson, Students should be able to:
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.
Do the Class Activity and Case Study Questions with Answers at the end of the presentation.
At the end the lesson, 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• The concept of adding value and how added value can be increased.
Class Activities with Answers
Goods and Services: Meaning and Classification of Goods and Services
This resource is prepared for KS3 Bussiness Studies. It explains Goods and Services: Meaning and Classification of Goods and Services
Difference between Goods and Services, categorisation of goods and services.
It shows the difference between tangible and non- tangible goods,
Durable Goods
Non- Durable Goods
Tangible Good
Non Tangible Goods
Contains Class Activity.
The resource is made for Economics and Business Studies. It explains the structure, types and importance of bargaining and negotiations in business. It explains tips to negotiation and bargaining.
The importance of bargaining to the employer
The importance of bargaining to the employee
The importance of bargaining to the society
At the end of the lesson, Students should be able to:
Identify and explain the methods of recruiting and selectingworkers:
• Difference between internal and external recruitment
• Main stages in recruitment and selection of staff
• Benefits and limitations of part-time and full-time workers
2.3.2 The importance of training and the methods of training:
• Importance of training to a business and workers
• Benefits and limitations of induction training, on-the-job training and off‑the‑job training.Questions’ at the end of slides. ‘Answers’ provided
At the end of the lesson, students should be able to:
The Structure - components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary income. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections. Causes of current account deficit and surplus - Reasons for deficits and surpluses. Consequences of current account deficit and surplus Impact on GDP, employment, inflation and foreign exchange rate. Policies to achieve balance of payments stability - The range of policies available to achieve balance of payments stability and how effective they might be.Class Activities provided with Answers
This resource explains different choices, decisions and factors that determines business locations.It explains various factors that that are considered in the localization of manufacturing industry. Prepared for Business Studies IGCSE. Contains case study on business location. It also looks at international factors/ reasons that are considered in overseas business location.
This resource is prepared for Economics . It is a Power Point resource on Fiscal Policy. It covers different areas such as budget, national debt, taxation, types and categories of taxation. government spending and national debt , as well as public sector finance.It contains illustrations and interactive questions and tests, for effective teaching and learning
This resource is a power point lesson on organizational structure and the role of management. It explains the meaning of organizational structure, the importance, the span of control and command. It explains coordination and importance of delegation. I t shows the roles of line managers and staff managers and organization chart.
The resource explain of promotion.
Different forms of promotion and how they influence
sales, e.g. advertising, sales promotion
It explains the importance of the marketing budget in making
promotion decisions; need for cost effectiveness in
spending the marketing budget etc. Prepared for IGCSE Business Studies.Contains activities.
The resource is made for IGCSE Economics and Business Studies. It explains the concept of goods and services. It shows the difference between the two concepts and types of goods and services , with good examples.