Specification points

Cambridge Cambridge IGCSE Enterprise 0454

41 points in 10 topics, with Cambridge's codes and titles.

Grade boundaries·Cambridge command words

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 Introduction to enterprise

1.1 What is meant by enterprise
1.2 Ways for students to be enterprising in everyday life

2 Setting up a new enterprise

2.1 The enterprise process
2.1.1 Identifying the problem, need or want
2.1.2 Exploring creative solutions
2.1.3 Action planning
2.1.4 Implementing the plan
2.1.5 Monitoring progress
2.1.6 Evaluating successes and failures
2.2 Types of business organisation

3 Enterprise skills

3.1 Skills of enterprising people
3.2 Behaviours of entrepreneurs

4 Enterprise opportunities, risk, legal obligations and ethical considerations

4.1 Opportunities
4.2 Risk
4.3 Legal obligations
4.4 Ethical considerations

5 Negotiation

5.1 The negotiation process

6 Finance

6.1 Sources of finance
6.2 The concept of trade credit
6.3 Financial terms
6.4 Financial records

7 Business planning

7.1 Business objectives
7.2 Action plans
7.3 Business plans

8 Markets and customers

8.1 The purpose of marketing
8.2 Market research
8.3 Customer retention
8.4 Marketing communications

9 Help and support for enterprise

9.1 Sources of help and support

10 Communication

10.1 Types of communication
10.2 Meetings and presentations