0450 business - Study guides, Revision notes & Summaries

These are the full revision notes which cover all topics required for the Cambridge IGCSE Business Studies exam. They cover all parts required by the syllabus, chapter from 1 to 6. The syllabus code is 0450. Please try these notes and good luck with your exams! I recommend them as I got A* in my Business Studies IGCSE. If you have any doubts don't hesitate in contacting me! It would be very helpful if you give a review as feedback. Thank you!

IGCSE Business Studies 0450 Exam Questions and Answers (Latest Update 2024)

Full summary notes for IGCSE/O-Level business studies syllabus, written based on the textbook 'Cambridge IGCSE and O Level Business Studies 5th edition by Karen Borrington Peter Stimpson [Borrington, Karen Stimpson, Peter' however well suited for other O-level equivalent subjects as well as future syllabus. These notes were written by me throughout the 2 years I studied Business studies for the IGCSE Business Studies (0450) examinations and were extensively developed during my revision and lea...

Need - Answer A good or service that is essential for people's living Want - Answer A good or service which people want to have, not essential Economic problem - Answer When wants exceed the resource available to make scarcity Scarcity - Answer when there are unlimited wants but limited resources Factors of Production (4) - Answer Land, labor, capital, enterprise Opportunity cost - Answer The next best alternative choice given up as another was chosen Specializatio...

1 CRCS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ HHS Correct Answer: Health and Human Services CMS Correct Answer: Centers for Medicare and Medicaid Services HHS Correct Answer: U.S. Department of Health and Human Services NIH Correct Answer: National Institutes of Health FDA Correct Answer: Food and Drug Administration ACL Correct Answer: Administration for Community Living; one of the HHS Operating Divisions. 2 QIO Correct Answer: Quality Improveme...

A comprehensive document of business IGCSE 0450 notes that covers the entire syllabus.

This document/ presentation covers the below part of the CIE IGCSE Business Studies syllabus: 1 Understanding business activity 1.1 Business activity 1.1.1 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 1.2 Classification of businesses 1.2.1 Economic sectors in terms of primary, secondary and tertiary sectors: • Bas...

These slides cover Unit 4 Business Studies for IGCSE, and include the below topics: 4 Operations management 4.1 Production of goods and services 4.1.1 The meaning of production: • Managing resources effectively to produce goods and services • Difference between production and productivity • Benefits of increasing efficiency and how to increase it, e.g. increasing productivity by automation and technology, improved labour skills • Why businesses hold inventories • The concept ...

This deck covers all of Unit 2 Business Studies according to the CIE Business Syllabus. Unit 2 looks at people and business and covers the following: 2 People in business 2.1 Motivating employees 2.1.1 The importance of a well-motivated workforce: • Why people work and what motivation means • The benefits of a well-motivated workforce: labour productivity, reduced absenteeism and labour turnover • The concept of human needs, e.g. Maslow’s hierarchy • Key motivational theories:...

These are the full revision notes which cover all topics required for the Cambridge IGCSE Business Studies exam. They cover all parts required by the syllabus, chapter from 1 to 6. The syllabus code is 0450. Please try these notes and good luck with your exams! I recommend them as I got A* in my Business Studies IGCSE. If you have any doubts don't hesitate in contacting me! It would be very helpful if you give a review as feedback. Thank you!