Work Sheet:
Topic: The purpose and nature of business activity, Importance of specialization, and Added Value. ‘MS Word.’ IGCSE Business Studies. Syudies syllabus. Engage your pupils, relax, and simply guide them. All you need to do is print out the part you want to use, Explain and/or discuss the sub topic for 5 - 10 minutes and watch them learn by themselves, as they work on the tasks. Answers provided.
Content
•• Concepts of needs, wants, scarcity and opportunity cost
•• Importance of specialization •• Purpose of business activity
•• The concept of adding value and how added value can be increased.
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