The Cambridge IGCSE Business Studies syllabus develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. Learners find out how the major types of business organisation are established, financed. Business Studies Notes Year 9 & 10 Chapter 1 The purpose of Business Activity A NEED is a good or service essential for living (food, water, shelter, education etc.). A WANT on the other hand is something we would like to have but is not essential for living (computer games, designer clothing, cars etc.). People’s wants are unlimited.
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About Business Studies (7115):
Learners consider a range of stakeholder perspectives, from the individual to national government, when studying the Cambridge O Level Business Studies syllabus. As a result, they learn about the major groups in and outside the business community, and consider how they are able to influence objectives, decisions and activities. Learners also understand the importance of innovation and change.
The syllabus introduces learners to relevant terminology, concepts and methods, while also developing broader skills of literacy, numeracy and enquiry. They also learn how to research and interpret information from a variety of sources, in order to build arguments and make informed judgements.
Igcse Business Studies Notes
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