Category: Businesswidget
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3.3.1 Product
Cambridge IGCSE Business Studies 3.3 Marketing mix 3.3.1 Product Types of products Consumer goods – consumed by people (final users of the product) Consumer services – services for people Producer goods – goods...
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3.2 Market research
Cambridge IGCSE Business Studies 3.2 Market research 3.2.1 The role of market research and methods used Market research – Research carried out to identify current and future consumer needs and wants...
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3.1 Marketing, competition and the customer
Cambridge IGCSE Business Studies 3.1 Marketing, competition and the customer 3.1.1 – The role of marketing Roles of marketing are to Identify and satisfy consumer needs Keep customers loyal Gather...
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1.1 Business activity
Cambridge IGCSE Business Studies 1.1 – Business activity 1.1.1 Needs – Goods or services that are essential for living. These can things such as water, basic food and clothing. Wants...
By Thames 1. Understanding Business Activity, Businesswidget
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1.2 Classification of business
Cambridge IGCSE Business Studies 1.2 – Classification of businesses 1.2.1 Economic Sectors Primary Sector – Extracts and uses the natural resources from the earth. e.g. Fishing, farming Secondary Sector – Manufacture...
By Thames 1. Understanding Business Activity, Businesswidget
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1.3 Enterprise, business growth and size
Cambridge IGCSE Business Studies 1.3 – Enterprise, business growth and size 1.3.1 – Enterprise and entrepreneurship Entrepreneur – A person who organises, and operates a business. Characteristics of successful entrepreneurs Hard...
By Thames 1. Understanding Business Activity, Businesswidget
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1.4 Types of business organisation
Cambridge IGCSE Business Studies 1.4 – Types of business organisation 1.4.1 – Main features of different forms of business organisation Unincorporated Business – A business that does not have a...
By Thames 1. Understanding Business Activity, Businesswidget
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1.5 Business objectives and stakeholder objectives
Cambridge IGCSE Business Studies 1.5 – Business objectives and stakeholder objectives 1.5.1 – Businesses can have several objectives – and the importance of these can change Business objective - a target...
By Thames 1. Understanding Business Activity, Businesswidget
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2.1 Motivating workers
Cambridge IGCSE Business Studies 2.1 Motivating workers 2.1.1 – The importance of a well-motivated workforce Motivated worker – A hard working employee who works effectively for a business. Why do...
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2.2 Organisation and management
Cambridge IGCSE Business Studies 2.2 Organisation and management 2.2.1 – Draw, interpret and understand simple organisational charts Definition of Organisation Structure Organisation structure refers to how responsibility and authority is...