Cambridge IGCSE Business Studies 4.1 – Production of goods and services 4.1.1 – The meaning of production Production – Process of adding value to a product (using four factors of production...
Cambridge IGCSE Business Studies 4.2 – Costs, scale of production and break-even analysis 4.2.1 – Identify and classify costs Fixed cost – A cost that does not change as the amount of...
Cambridge IGCSE Business Studies 4.3 – Achieving quality production 4.3.1 – Why quality is important and how quality production might be achieved Quality – to produce a good or service which...
Cambridge IGCSE Business Studies 4.4 – Location decisions 4.4.1 – The main factors influencing the location and relocation decisions of a business Location factors for a Manufacturing business Production methods...