Units 1.3.2, 1.3.2 Measuring Business Size & Business Growth IGCSE Business Studies

Whole Lesson:
A whole lesson on this topic as stated. It is all you need to teach on this topic for IGCSE Business Studies syllabus 2017 - 2019. It is good for Teaching and Students’ note taking and class works.

Lesson Objectives:
At the end of the lesson, students should be able to :
• 1.3.2 Identify and explain Methods of measuring business size, e.g. number of people employed, value of output, capital employed (profit is not a method of measuring business size)
• Explain the limitations of methods of measuring business size
• 1.3.3 Identify and explain why the owners of a business may want to expand the business
• Differentiate ways in which businesses can grow
• Problems linked to business growth and how these might be overcome
1.3.4 Identify and explain why some (new or established) businesses fail:
• Identify and explain the causes of business failure, e.g. lack of management skills, changes in the business environment
• Explain why new businesses are at a greater risk of failing
Do the class activities provided with answers at the end of the presentation.