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IGCSE Business Studies Exam Preparation: To excel in your IGCSE Business Studies exam, it’s essential to practice with past exam papers and mark schemes. These resources are invaluable in helping you understand the format of the exam, the types of questions asked, and the expectations of the examiners. Start by visiting the official website…
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Making human resource decisions GCSE Business Studies; is the final topic in this course. Watch the lessons and take the tests we have prepared to ensure you are ready for the exam. 2.5.1 Organisational structures Different organisational structures and when each are appropriate:● hierarchical and flat● centralised and decentralised.The importance of effective communication:● the…
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Making financial decisions GCSE Business Studies; in this topic we will learn that making financial decisions can make or break a business. 2.4.1 Business calculations The concept and calculation of:● gross profit● net profitCalculation and interpretation of:● gross profit margin● net profit margin● average rate of return. 2.4.2 Understanding business performance The use and…
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Making operational decisions GCSE Business Studies is where focusing on why business need to make operational decisions. Watch the lessons and take the tests to help you get good grades. 2.3.1 Business operations The purpose of business operations:● to produce goods● to provide services.Production processes:● different types: job, batch, flow● the impact of different…
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Making marketing decisions GCSE Business Studies; watch the below lessons and take the tests we have prepared for you to get good grades. 2.2.1 Product The design mix:● function, aesthetics, cost.The product life cycle:● the phases of the product life cycle● extension strategies.The importance to a business of differentiating a product/service. 2.2.2 Price Price:●…
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Growing the business GCSE Business Studies is the first topic in theme two of your course. Watch the lessons and take the online tests we have prepare to help you get good grades. 2.1.1 Business growth Methods of business growth and their impact:● internal (organic) growth: new products (innovation, research and development), new markets…
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Understanding external influences on business is the final topic for theme one of GCSE Business studies for which we have put together many resources to help you understand this topic. Watch the lessons and take the online tests below to help you get good marks. 1.5.1 Business stakeholders Who business stakeholders are and their…
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Making the business effective GCSE Business Studies; please watch the lesson below and take the tests to get you ready for your upcoming exam. 1.4.1 The options for start-up and small businesses The concept of limited liability:● limited and unlimited liability● the implications for the business owner(s) of limited and unlimited liability.The types of…
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Putting a business idea into practice is a fun topic which we have covered in the lessons below. Watch each lesson and take the tests to get yourself ready for the exam. 1.3.1 Business aims and objectives What business aims and business objectives are.Business aims and objectives when starting up:● financial aims and objectives:…
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Spotting a business opportunity GCSE Business Studies has 4 topics below; for each We have created a lesson and test to help you get good marks 1.2.1 Customer needs Identifying and understanding customer needs:● what customer needs are: price, quality, choice, convenience● the importance of identifying and understanding customers: generating sales, business survival. 1.2.2…