Business Studies 0450/1 Paper 1 Mock Examination Questions and answers series also double as a revision Work sheet of IGCSE questions covering the most recent years running. It is a must have paper to assure you peace of mind that you have indeed prepared your students for the coming examination. Each of the paper options A - D draws questions from the years specified For use as a preset exam question for your school, all you have to do is copy the file, replace the cover page, delete the Mark Scheme and you have a ready to use question paper. The original file will serve as question paper and mark scheme. For use as an Interactive Work sheet for your students, simply separate the questions and answers that you need to another page(s), print them out and give to student to work with. Alternatively, project the required questions for student to work on and when they are done expose to them, the mark scheme.

Complete Lesson. Topic: The Purpose, Nature of Business Activity, Specialisation & Added value, Factors of Production, Business Stakeholders. IGCSE, ‘ppt’ ** IGCSE Business Studies syllabus. * I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date note. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Identify and explain the purpose and nature of business activity Identify and explain the purpose and nature of business activity: • Concepts of needs, wants, scarcity and opportunity cost • Importance of specialisation • Business Objectives • The concept of adding value and how added value can be increased. Factors of Production, Business Stakeholders and conflicts in their interest. ‘Class Activities, Work Sheet, & Answers.’

Complete Lesson. Franchises and Joint Ventures * ’ppt’ IGCSE Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Describe main features of Franchising and Joint Ventures with example Explain the key words in Franchising. Identify and describe the advantages and disadvantages of Franchising to both the Franchisor and the Franchisee and the advantages and disadvantages of Joint Ventures Describe how to start a franchise business. Class Activities with Answers.

Complete Lesson. Environmental concerns and ethical issues ’ppt’ IGCSE Business Studies. With these resources, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ ‘Questions with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; • Identify and explain how business activity can impact on the environment, e.g. global warming • The concept of externalities: possible external costs and external benefits of business decisions• Sustainable development; how business activity can contribute to this • How and why business might respond to environmental pressures and opportunities, e.g. pressure groups • The role of legal controls over business activity affecting the environment, e.g. pollution controls • Ethical issues a business might face: conflicts between profits and ethics • How business might react and respond to ethical issues, e.g. child labour. Class Activity with Answers.

Income Statements and Statement of financial Position * ’ppt’ IGCSE Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; What profit is and why it is important: • How a profit is made. • Importance of profit to private sector businesses, e.g. reward for risk-taking/enterprise, source of finance. • Difference between profit and cash. Income statements: • Main features of an income statement, e.g. revenue, cost of sales, gross profit, profit and retained profit. • Use simple income statements in decision making based on profit calculations The main elements of a statement of financial position: • main classifications of assets and liabilities, using examples. Interpret a simple statement of financial position and make deductions from it, e.g. how a business is financing its activities and what assets it owns, sale of inventories to raise finance (constructing statements of income, and financial position will not be assessed). ‘Class Activity provided with Answers.’

Complete Lesson. Trade Unions * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define trade union. Identify and explain the role of trade unions in the economy - including engaging in collective bargaining on wages, working hours and working conditions; protecting employment; and influencing government policy. The advantages and disadvantages of trade union activity - Factors influencing the strength of trade unions. From the viewpoint of workers, firms and the government. ‘Class Activities’ ‘Keywords Study’ ‘Multiple Choice Questions with Answers.’

**A complete lesson. ** * Niche-Mass-marketing-Market Segmentation, ‘ppt’ IGCSE BusinessStudies syllabus. *.Engage your students, relax, and simply guide them as they work and learn. Answers at the end. Lesson Objectives; At the end of the lesson, the students should be able to; Define niche marketing and mass marketing:• Benefits and limitations of both approaches to marketing How and why market segmentation is undertaken:• How markets can be segmented, e.g. according to age,  socio-economic grouping, location, gender• Potential benefits of segmentation to business• Recommend and justify an appropriate method of  segmentation in given circumstances

Lesson Plan Topic: Marketing mix Product - ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Explain Product: •• The costs and benefits of developing new products •• Brand image; impact on sales and customer loyalty •• The role of packaging •• The product life cycle: main stages and extension strategies; draw and interpret a product life cycle diagram •• How stages of the product life cycle can influence marketing decisions, e.g. promotion and pricing decisions. NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson by adjusting up the objectives, Plenary and lesson starter etc.

Complete Lesson. Topic: Technology and the marketing mix. ’ppt’ IGCSE Business Studies. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Describe Technology and the marketing mix: • Define and explain the concept of e-commerce • Identify and explain the opportunities and threats of e-commerce to business and consumers • Describe the use of the internet and social networks for promotion.‘Test Yourself Questions.’ ‘Debate topic’ and the Class Activities’ with ‘Answers.’

**A complete lesson. ** Legal controls over employment issues and their impact on employers and employees, ‘ppt’ ** IGCSE Business Studies syllabus. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. Lesson Objectives; At the end of the lesson, the students should be able to; • Demonstrate awareness of the Legal controls over employment issues and their impact on employers and employees:• Identify legal controls over employment contracts, unfair dismissal, discrimination, health and safety, legal minimum wage. Do the ‘Test Yourself Questions‘ and the ‘Business Case Study Question’ at the end of the slide. ‘Answer provided’.

Complete Lesson Why Downing sizing the workforce might be necessary * ’ppt’ IGCSE Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. Class Activities, with Answers Lesson Objectives:At the end of the lesson, students should be able to,Identify and explain why reducing the size of the workforce might be necessary:• Difference between dismissal and redundancy with examples to illustrate the difference• Understand situations in which downsizing the workforce might be necessary, e.g. automation or reduced demand for products• Recommend and justify which workers to recruit/make redundant in given circumstances‘Test yourself‘ and ‘Exam Questions.’ ‘Answers provided’

Costs Revenue Economies Diseconomies of scale Break-even Analysis* ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; • Identify and classify costs using examples, e.g. fixed, variable, average, total • Use cost data to help make simple cost-based decisions, e.g. to stop production or continue. • Explain economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical.• Explain diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination. External economies of Scale. • Break-even analysis • Construct, complete or amend a simple break-even chart • Interpret a given chart and use it to analyse a situation • Calculate break-even output from given data • Define, calculate and interpret the margin of safety • Use break-even analysis to help make simple decisions, e.g. impact of higher price • Understand the limitations of break-even analysis Class Activity Questions. Solutions included.

Complete Lesson. Market Failure. Private & Social Costs & Benefits Public and Private Spending * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define market failure and the key terms associated with market failure: public good, merit good, demerit good, social benefits, external benefits, private benefits, social costs, external costs, private costs. Causes of market failure - With respect to public goods, merit and demerit goods, external costs and external benefits, abuse of monopoly power and factor immobility. Examples of market failure with respect to these areas only. Consequences of market failure - The implications of misallocation of resources in respect of the over consumption of demerit goods and goods with external costs, and the under consumption of merit goods and goods with external benefits. Note: diagrams of demand and supply relating to market failure are not required.

Complete Lesson. **Topic: ** Economic issues; Business cycle, Government control, Effects and Business response. ‘ppt’, ** IGCSE Bus Studies & Economics syllabus. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. * Lesson Objectives At the end of the lesson, students should be; Identify and explain the Business cycle: • Main stages of the business cycle, e.g. growth, boom, recession, slump.• Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP)How government control over the economy affects business activity and how businesses may respond. • Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP) • Impact of changes in taxes and government spending. • Impact of changes in interest rates • How businesses might respond to these changes‘Class Activtiy with Answers’

Lesson Plan Topic: Cash-flow forecasting and working capital - ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Identify and explain the importance of cash and of cash-flow forecasting: •• Why cash is important to a business. •• What a cash-flow forecast is, how a simple one is constructed and the importance of it. •• Amend or complete a simple cash-flow forecast •• How to interpret a simple cash-flow forecast. •• How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly. Working capital: •• The concept and importance of working capital. NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson by adjusting up the objectives, Plenary and lesson starter etc.

Internal and External Communication * ’ppt’ IGCSE Business Studies . I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Describe why effective communication is important and the methods used to achieve it: Effective communication and its importance to business Benefits and limitations of different communication methods including those based Recommend and justify which communication method to use in given circumstances Demonstrate an awareness of communication barriers: How communication barriers arise and problems of ineffective communication; how communication barriers can be reduced or remove ‘Class Activities’ with ‘Answers.’

Lesson Plan. This lesson plan that can be used directly or adapted by any teacher to suite his or her school’s need. It can be used together with the Topics to be covered and the work scheme. LESSON OBJECTIVE: At the end of the lesson the students should be able to: 1.3.3 Why some businesses grow and others remain small: • Why the owners of a business may want to expand the business • Different ways in which businesses can grow • Problems linked to business growth and how these might be overcome • Why some businesses remain small

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.