Spec 0450
Step-by-step CIE IGCSE Business lessons by topic, building up to exam-style questions. Build a solid grasp of core business terminology and the different functional areas (marketing, operations, finance, people) before moving on to the evaluation-heavy case-study and calculation questions.
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
