IGCSE & A LEVELS GUIDE

Chapter 3 - Size of Business Learning Objective: Small & Family Businesses (Ch. 3.2) Mongolia is a great place for us to discuss small...

Do you know one thing every business has in common ? They all try to add as much value as possible to their products and services! Adding...

You should now be clear that Strategic Analysis is the process of conducting research into the business environment within which an...

Chapter 3- Size of Business Learning Objective: Looking at Business Size - The Right Way? (Ch. 3.1) What do you call a small business?...

Chapter 1.1 - Business Activity Learning Objective: Business Activity: Specialization in Providing Goods & Services (1.2) Do you know one...

Chapter 1.1 - Business Activity Learning Objective: The Purpose of Businesses (1.1) What do you think is the purpose of businesses?...

Chapter 21 - Income Statements Lesson Objective: To understand the different uses of an Income Statement The Income Statement is a...

As we all know there are three main stages on formulating a Corporate Strategy . We will now start focusing on the first one - Strategic...

Chapter 21 - Income Statements Lesson Objective: To understand the different types of profit Profit = Revenues - Costs Not all profits...

Chapter 8.1 - Business Strategy Learning Objective: Strategizing (8.1) Strategy: long-term decisions that will push the business towards...

Chapter 2 - Business Structure Learning Objective: Forms of Business Organization (Ch. 2.2) Before diving in to the different forms of...

Chapter 2 - Business Structure Learning Objective: Structuring an Economy The economy of a country is made of different sectors of its...

Learning Objective: Introduction to Enterprise Chapter 1: Enterprise Value creation is the sole main purpose of a business. By creating...

Chapter 6 - External Influences on Business Activity Learning Objective: 6.1 External Influences on Business Activity It's no news that...

Chapter 20 - Cash Flow Forecasting and Working Capital Class Objective: To understand the difference between cash and profit Cash is important to business. Fact! Businesses need cash to pay wages, suppliers, utilities, etc... Cash Flow Management, therefore, is a key element of business management. It is the process of making sure that there is enough cash within the company for paying its debts. Is cash the same as profit, though? Profit = Revenues - Costs Cash refers to

Chapter 19 - Business Finance: Needs and Sources Class Objective: To understand the factors impacting sources of financing available To finalize financing we have to discuss government grants and microfinancing: Government Grants : Incentives towards boosting business activity and growth; It comes in various forms: tax benefits, renting benefits, etc.; It does not need to be repaid. Microfinancing is a common form of finance in developing economies : Targeted to entrepreneu

Chapter 19 - Business Finance: Needs and Sources Learning Objective: The Most Common External Sources of Finance (19.2) We shall now discuss external sources of finance: Short-term external finance include overdraft, trade credit, debt factoring; Long-term external finance include bank loan, hire purchase, leasing, mortgage, debenture, share issue . Overdraft: A 'type of short-term loan'; It allows the customer/business to keep on paying its bills even when the account reach

Chapter 19.1 - Business Finance: Needs and Sources Learning Objective: Sources of Finance (19.1) Businesses need financing... It's obvious. Every business needs financing. Businesses need startup capital: This is the capital needed by an entrepreneur when starting a business. Businesses need finance to purchase so called non-current (a.k.a. fixed) assets: These are long-term assets (>12 months) such as buildings, machines, technology, and vehicles. Such investments are call

Chapter 18 - Location Decisions Lesson Objective: To understand the difficulties in internationalizing operations There are so many factors influencing location and relocation decisions , most of which are related to costs, sales , and logistics: Cost of site; Size of site (opportunity for expansion); Labor costs and availability; Transportation costs (delivery of goods and access to supplies); Market potential ; Government incentives ; Legal restrictions; Quality of local in

Chapter 18 - Location Decisions Lesson Objective: To understand how businesses pick their location Location is one of the most important decisions for a business. Full stop! The right or wrong location decision can either positively or negatively impact: Costs; Sales; Delivery of products and services. Location is a long-term decision! What do YOU think are the most important factors to consider when making a location-decision? There are many things to take into considerat