Cambridge IGCSE Business Studies (0450)
The Cambridge IGCSE Business Studies syllabus develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. Learners find out how the major types of business organisation are established, financed and run, and how their activities are regulated. Factors influencing business decision-making are also considered, as are the essential values of cooperation and interdependence.
Learners not only study business concepts and techniques but also enhance related skills such as numeracy and enquiry. The syllabus provides both a foundation for further study at Cambridge International A Level and an ideal preparation for the world of work.
All content developed specifically for IGCSE Business Studies. Blended learning using text, video and imagery. Online assessments with formative feedback from experienced and qualified tutors.
Why choose GCSE Business Studies 0450?
Aims of the syllabus:
· make effective use of relevant terminology, concepts and methods and recognise the strengths and limitations of the ideas used;
· apply their knowledge and critical understanding to current issues and problems in a wide range of appropriate contexts;
· distinguish between facts and opinions, and evaluate qualitative and quantitative data in order to help build arguments and make informed judgements;
· appreciate the perspectives of a range of stakeholders in relation to the environment, individuals, society, government and enterprise;
· develop knowledge and understanding of the major groups and organisations within and outside business and consider ways in which they are able to influence objectives, decisions and activities;
· develop knowledge and understanding of how the main types of businesses and commercial institutions are organised, financed and operated and how their relations with other organisations, consumers,
· employees, owners and society are regulated;
· develop skills of numeracy, literacy, enquiry, selection and employment of relevant sources of information, presentation and interpretation;
· develop an awareness of the nature and significance of innovation and change within the context of business activities.
How Are Candidates Assessed?
All candidates take two papers: Papers 1 and 2
Paper 1: 4 questions; Mixture of short answers and structured data responses (1 hour 30 mins)
Paper 2: 4 questions based on a case study. (1 hour 30 mins)