Cambridge IGCSE Business Studies gives students an understanding of business concepts and techniques across a range of different types of businesses. Learners will be able to understand different forms of business organisations, the environments in which businesses operate and business functions such as marketing, operations and finance. Our students will also be able to appreciate the role of people in business success.
They will also gain lifelong skills, including:
- The ability to calculate and interpret business data.
- Communication skills needed to support arguments with reasons.
- The ability to analyse business situations and reach decisions or judgements.
The aims are to enable learners to:
- Apply their knowledge and critical understanding to current issues and problems in a wide range of business contexts.
- Make effective use of relevant terminology, concepts and methods, and recognise the strengths and limitations of the ideas used in business.
- 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 business 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 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 use 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.
- Acquire a foundation for further study of business or other subjects.
- Understanding business activity, including the classification of businesses, business growth, and business objectives.
- People in business, their motivations, organisation and management, recruitment and selection, and communication.
- Marketing, competition and the customer, market research, marketing mix, and marketing strategy.
- Operations management, production of goods and services, break even analysis and scale and quality of production and location decisions.
- Financial information and decisions, including cashflow forecasting and working capital, balance sheets and income statements.
- External influences on business activity, government policies, international economy, environmental and ethical issues.
|Paper title||Duration and marks||What’s in the paper?||Percentage of final grade|
Short Answer and Data Response
|1 hour 30 minutes
|Four questions requiring a mixture of short answers and structured data responses||50%|
|1 hour 30 minutes
|Four questions based on a case study, provided as an insert with the paper||50%|
Find out more
You can find out more by visiting the qualification page on the Cambridge Assessment website.