Business Studies Revision Notes
IGCSE Business Studies Notes • 1. BUSINESS STUDIES REVISION BOOKLET INDUS INTERNATIONAL SCHOOL 2014-15 1 P a g e 1.
Business Studies Revision Notes Leaving Cert
Understanding business activity Chapters covered in this unit: 1.1 Business Activity 1.2 Classification of Businesses 1.3 Enterprise, business growth and size 1.4 Types of business organisation 1.5 Business objectives and stakeholder objectives • BUSINESS STUDIES REVISION BOOKLET INDUS INTERNATIONAL SCHOOL 2014-15 2 P a g e 1. Economic Problem We have unlimited Needs and wants and there are limited resources.
Business Studies Revision Notes Pdf
The Best Business Studies O Level Notes, Revision Guides, Tips and Websites compiled from all around the world at one place for your ease so you can prepare for your tests and examinations with the satisfaction that you have the best resources available to you. Apr 1, 2013 - We've been busy extending and updating our collection of online study notes designed to support core topics for GCSE & IGCSE Business.
This is the basic Economic Problem. Limited Resources: Resources available on earth to make goods and services to satisfy our needs and want are limited.
These resources are also known as factor of production. These can be categorised as Land All natural resources provided by nature such as fields, forests, oil, gas, metals and other mineral resources Labour The people who are used produce goods and services. Capital Finance, machinery and equipments needed to produce goods and services. Enterprise The skill and risk taking ability of the person who brings together all the other factors of production together to produce goods and services.