These slides summarize Business Unit 6 in IGCSE Business studies, below is a list of the topics covered in the slides:
6 External influences on business activity
6.1 Economic issues
6.1.1 Business cycle:
• Main stages of the business cycle, e.g. growth, boom, recession, slump
• Impact on ...
,Economies and how they Affect business
IGCSE Business Studies Ms. Malak El Masry
, Economy can When the wider economy of
affect countries change this directly affects
a business.
businesses External changes like change in the
business cycle, government policies
or change in interest rates are not
under the business control.
The business decides how to react
to changes like exchange rates and
unemployment rates.
IGCSE Business Studies Ms. Malak El Masry
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