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  1. IGCSE
  2. Business CIE

Business

Spec 0450

Free CIE IGCSE Business revision: past papers from 2017–2024 with mark schemes.

1 Understanding business activity

1.1 Business activity

1.2 Classification of businesses

1.3 Enterprise, business growth and size

1.4 Types of business organisation

1.5 Business objectives and stakeholder objectives

2 People in business

2.1 Motivating employees

2.2 Organisation and management

2.3 Recruitment, selection and training of employees

2.4 Internal and external communication

3 Marketing

3.1 Marketing, competition and the customer

3.2 Market research

3.3 Marketing mix

3.4 Marketing strategy

4 Operations management

4.1 Production of goods and services

4.2 Costs, scale of production and break-even analysis

4.3 Achieving quality production

4.4 Location decisions

5 Financial information and decisions

5.1 Business finance: needs and sources

5.2 Cash-flow forecasting and working capital

5.3 Income statements

5.4 Statement of financial position

5.5 Analysis of accounts

6 External influences on business activity

6.1 Economic issues

6.2 Environmental and ethical issues

6.3 Business and the international economy

Assessment at a glance

AssessmentFormatDurationMarksWeighting
Paper 1 (Short Answer and Data Response)Written exam1h 30m80 marks50%
Paper 2 (Case Study)Written exam1h 30m80 marks50%

Course aims & skills

CIE IGCSE Business builds the skills examiners reward. By the end of the course you should be able to:

  • explain and apply business terms, concepts and theories
  • interpret data-response and case-study material
  • analyse the causes and effects of business decisions
  • evaluate options and make justified, reasoned recommendations
  • calculate and interpret financial and accounting ratios
  • apply the marketing mix to real business contexts
  • distinguish between fact and opinion in business information
  • assess how external influences shape business activity
  • construct balanced, well-evidenced arguments

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