Unit 4: Operations
Unit 4.4: Costs of production
This lesson focusses on identifying and classifying costs e.g. fixed, variable, average, total costs. This page ends with an examination of how firms use cost data to help make simple cost-based decisions,...
Unit 4: Operations
Unit 4.4: Breakeven short response questions
A business can work out how many units it needs to sell to cover its costs, known as the ________________-______________ output, using a break-even ___________________. The break-even _________________...
Unit 4: Operations
Unit 4.4: Breakeven charts - comparing costs and revenue
This lesson focusses on the concept of break even and a comparison of revenue and costs. Lesson time: 85 minutes Lesson objectives: This page focuses on the concept of break-even. At the end of this...
Unit 4: Operations
Unit 4.2: How technology has changed and is changing production methods
This lesson focusses on how technology has changed and is changing production methods, e.g. using computers in design and manufacturing. Lesson time: 50 minutes Lesson objectives: This lesson looks at...
Unit 3: Marketing
Unit 3.1: Concepts of niche marketing and mass marketing
This page covers units 3.1.3 niche markets and mass marketing and 3.1.4 market segmentation. The units cover the following areas of the syllabus: the benefits and limitations of niche and mass marketing;...
Unit 2: People
Unit 2.3: Methods of communication
Why effective communication is important for an organisation and the methods firms might use to improve their communication. The importance of recognising the communication barriers that exist in any...
Unit 2: People
Unit 2.2: Reducing the size of the workforce
The difference between dismissal and redundancy with examples. The page will also consider situations in which downsizing the workforce might be necessary, e.g. automation or reduced demand for products. ...
Unit 2: People
Unit 2: People Free
This unit is changed for the new syllabus, starting in 2027, 2028 and 2029, with the ordering of units changed, although much of the syllabus content remains unaltered. Relevant changes are identified...
Unit 1: Business activity
Unit 1.1: Scarcity and opportunity cost
This page contains notes and lesson activities to cover unit 1.1, the concepts of wants, needs, scarcity and opportunity cost plus the importance of specialisation. Lesson time: 60 minutes Lesson objectives:...
Getting started
Resources for IGCSE Business studies
There are a number of textbooks which cover the Cambridge IGCSE syllabus, including the following: This book is designed for teachers of the IGCSE programme and contains practical ideas for classroom...