Specification points

Cambridge Cambridge IGCSE Business 0264

97 points in 7 topics, with Cambridge's codes and titles.

Codes and titles are read by a script from Cambridge's published specification and have not been checked by a person. What each point covers is in the specification itself: Cambridge’s specification.

1 Understanding business activity

1.1 Business activity
1.1.1 The nature of business activity
1.2 Economic sectors
1.2.1 Types of economic sector
1.3 Enterprise, business growth and size
1.3.1 Enterprise and entrepreneurship
1.3.2 The methods and problems of measuring business size
1.3.3 Why some businesses grow and others remain small
1.3.4 Why some businesses succeed and others fail
1.4 Types of business organisation
1.4.1 Different types of business organisation
1.5 Business objectives and stakeholder objectives
1.5.1 Business objectives
1.5.2 The role of stakeholder groups

2 People in business

2.1 Human resource management (HRM)
2.1.1 Recruiting and selecting employees
2.1.2 Employment contracts and legal controls over employment issues
2.1.3 Training
2.2 Organisation and management
2.2.1 Simple organisational structures
2.2.2 The functions of management
2.2.3 Leadership styles
2.2.4 Why reducing the size of the workforce may be necessary
2.2.5 The role of trade unions
2.3 Methods of communication
2.3.1 Why communication is important
2.3.2 Communication barriers
2.4 Motivating employees
2.4.1 The importance of a well-motivated workforce
2.4.2 Methods of motivation

3 Marketing

3.1 Marketing and the market
3.1.1 The role of marketing
3.1.2 Understanding market changes
3.1.3 Mass markets and niche markets
3.1.4 Market segmentation
3.2 Market research
3.2.1 Methods of market research
3.3 Marketing mix
3.3.1 Product
3.3.2 Price
3.3.3 Place
3.3.4 Promotion
3.3.5 Ecommerce
3.3.6 Marketing strategy
3.3.7 Entering new markets in other countries as a method of growth
3.4 Legal controls
3.4.1 Legal controls related to marketing

4 Operations management

4.1 Production of goods and services
4.1.1 Production processes
4.1.2 The main methods of production
4.2 Technology and production of goods and services
4.2.1 The use of technology in the production of goods and services
4.3 Sustainable production of goods and services
4.3.1 Methods of sustainable production of goods and services
4.4 Costs, scale of production and break-even analysis
4.4.1 Classifying costs
4.4.2 Economies and diseconomies of scale
4.4.3 Break-even analysis
4.5 Quality of goods and services
4.5.1 Why quality is important and how quality may be achieved
4.6 Location decisions
4.6.1 Main factors which influence location decisions

5 Financial information and decisions

5.1 Business finance
5.1.1 The need for business finance
5.1.2 The main sources of finance
5.2 Cash flow forecast
5.2.1 The importance of cash and cash flow forecasts
5.3 Profit and loss
5.3.1 What is profit and why it is important
5.3.2 Statement of profit or loss
5.4 Statement of financial position
5.4.1 The main elements of a statement of financial position
5.5 Analysis of accounts
5.5.1 Profitability
5.5.2 Liquidity
5.5.3 Users of accounts

6 External influences on business activity

6.1 Economic issues
6.1.1 Business cycle
6.1.2 Effects of government policy
6.2 Business and the international economy
6.2.1 The importance of globalisation
6.2.2 Multinational companies (MNCs)
6.2.3 External costs and benefits
6.2.4 Exchange rates
6.3 Business and the environment
6.3.1 Environmental issues
6.4 Business and ethical issues
6.4.1 Ethical issues
6.5 Pressure groups
6.5.1 The role of pressure groups