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IGCSEBusinessEdexcelRevision Notes

Edexcel IGCSE Business Revision Notes

Exam code: 4BS1

Concise resources for the Edexcel IGCSE Business course.

1. Business Activity & Influences on Business

Financial & Non-financial Objectives

Reasons why Business Objectives may Change

Sole Traders & Partnerships

Private & Public Limited Companies

Business Size & Characteristics

Other Forms of Business Organisation

Choosing Appropriate Business Ownership

Primary, Secondary & Tertiary Business Sectors

The Importance of Business Location

The Impact of the Internet on Location Decisions

Legal Factors & Location

Growth of Multinationals

Government Objectives

Government Spending

Government Impacts on Business

External Factors that Impact Business Decisions

Measuring Business Success

Reasons for Business Failure

2. People in Business

How Communication Takes Place in Business

The Importance of Good Communication

Barriers to Communication

Types of Employment

Recruitment Documents

Internal & External Recruitment

Legal Controls over Employment

The Importance of Training

On & Off the job Training

The Importance of Motivation

Motivation Theories

How Businesses Motivate Employees

Organisational Charts

The Roles & Responsibilities of Employees

The Functional Areas of Business

3. Business Finance

The Need for Finance

Internal Sources of Finance

External Sources of Finance

The Importance of Cash

Calculating Cash Flow Forecasts

Interpreting Cash Flow Forecasts

Revenue, Costs & Profit

The Concept of Break-even

Calculating Break-even

Break-even Charts

Statement of Comprehensive Income

Statement of Financial Position

Accounting Ratios

Using Financial Documents

4. Marketing

The Purpose of Market Research

Methods of Market Research

The Use of Data in Market Research

The Importance of Marketing

Responding to Changing Market Conditions

Market Segmentation

The Marketing Mix: Product

Product Life Cycle

Portfolio Analysis

The Marketing Mix: Price

Pricing Strategies

The Marketing Mix: Place

Retailing & E-tailing

The Marketing Mix: Promotion

Promotional Strategies

Above & Below the line Promotion

Public Relations

The Use of Technology in Promotion

The Importance of Building a Brand

5. Business Operations

Economies of Scale

Diseconomies of Scale

Methods of Production

Capital & Labour Intensive Production

Principles of Lean Production

The Impact of Technology in Production

The Four Factors of Production

The Importance of Quality

Exam boards

Cambridge (CIE) IGCSE Business

Study tools

Edexcel IGCSE Business · Past Papers

Related links