Igcse business Study guides, Class notes & Summaries

EDEXCEL IGCSE BUSINESS STUDIES EXAM LATEST UPDATE 2024/2025 QUESTIONS AND ANSWERS GRADED A+

EDEXCEL IGCSE Business Studies Exam Questions & Answers 2023 Above-the-line promotion - ANSWER-Placing adverts using the media. Acid test ratio - ANSWER-Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - ANSWER-Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - ANSWER-An intermediary that brings together buyers and seller...

Chapter 8 | IGCSE Business Studies Internal Recruitment Filling a vacant position with someone already employed in the business 4 advantages of Internal Recruitment 1. Vacancy can be filled quickly 2. Applicants already know how the business works 3. The business already knows the strengths and weaknesses of applicants 4. Employees are motivated by the chance for promotion 4 limitations of internal recruitment 1. Better candidate may be outside the business, 2. Conflict can occur betwe...

QUESTIONS AND ANSWERS

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...

Chapter 8 _ IGCSE Business Studies with complete solution

IGCSE Business Studies - Marketing Exam Latest Update...

Chapter 8 | IGCSE Business Studies questions with complete solution

Start-up capital correct answers The initial investment of capital in a business. Working capital correct answers The finance needed by a business to pay its day-to-day costs, for example, wages, raw materials and electricity. Capital expenditure correct answers The money spent on fixed assets. Revenue expenditure correct answers The money spent on day-to-day expenses. Short-term finance correct answers This type of finance includes any source of finance with a maturity of one year o...

Business - Answer An organisation which produces goods and services Consumer goods - Answer Goods and services sold to ordinary people rather than businesses Entrepreneurs - Answer People who take risk and set up businesses Goods - Answer Physical products like a mobile phone, packet of crisps or a pair of shoes Services - Answer Non-physical products like banking, car washing and waste disposal Needs - Answer Basic requirements for human survival Private sector - A...