Financial Information and Decisions Case Study Solutions
Operations “A” 8 marks 5(a)Explain two reasons why working capital is important to MCGG.
Operations “A” 8 marks 5(a)Explain two reasons why working capital is important to MCGG.
Operations “A” 8 marks (a) Explain four reasons why globalisation may impact a business
1.1 The Purpose and Nature of Business Activity The purpose and nature of business activity is a straightforward introduction to the IGCSE course. However, it’s important to learn a simple definition for each new concept. You may be asked short answer definition questions like this one: Past Paper Question Example Paper 1 (a) Identify two
Classification of business is more likely to appear as a short answer questions on Paper 1 like this example: Past Paper Question Example Paper 1 (a) Define private sector ……………………………………………………………………………………………………………………… ………………………………………………………………………………………………………………………[2] 1.2.1 Primary, Secondary and Tertiary Sectors Basis of business classification The primary sector is extracting or growing natural resources
1.3.1 Characteristics of Successful Entrepreneurs An entrepreneur is someone who invests capital, takes a risk and starts up and operates a new business venture. Entrepreneurship drives business growth and innovation. You need to be able to identify and explain four different characteristics of successful entrepreneurs. ⭐⭐⭐Top Tip ⭐⭐⭐It’s helpful to have an entrepreneur who has
There are two types of questions which are normally asked: short answer knowledge questions about features of different types of business organisation and longer questions focused on analysis and evaluation of changing from one type of business organisation to another. Past Paper Question Example Paper 1 (a) Identify two features of a private limited
1.5.1 Businesses Can Have Several Objectives and the Importance of Them Can Change Need for business objectives and their importance Business objectives are simply aims or targets that a business sets out to achieve. So why are they important? Perhaps the best way of explaining the importance of business objectives is to imagine how a
Motivation Solution 💡 Delishjuice is a small business and produces a range of fruit juice made from fruit using batch production. Delishjuice uses specialisation in its factory. The business has grown quickly over the last two years. Delishjuice has increased the number of production workers from 10 to 20 . This has increased the span
Table Of Contents The Purpose and Nature of Business Activity Exam Practice ✍🏽Classification of Business Exam Practice ✍🏽Enterprise, Business Growth and Size Exam Practice ✍🏽Types of Business Organisation Exam Practice ✍🏽Business Objectives and Stakeholder Objectives Exam Practice ✍🏽 The Purpose and Nature of Business Activity Exam Practice ✍🏽 WaWay, a large manufacturing business, makes cell
Table Of Contents Motivation Exam Practice ✍🏽Organisation and Management Exam Practice ✍🏽Recruitment Selection and Training Exam Practice ✍🏽Communication Exam Practice ✍🏽 Motivation Exam Practice ✍🏽 Delishjuice is a small business and produces a range of fruit juice made from fruit using batch production. Delishjuice uses specialisation in its factory. The business has grown quickly over