IGCSE / O Level Business Studies

IGCSE Business Studies Life Classes: Course Description

IGCSE Business Studies Life Classes is a comprehensive course designed to equip students with a strong foundation in business principles and practices. This program is tailored to the IGCSE curriculum, providing students with the knowledge and skills necessary for success in their academic pursuits and future careers.

Key Course Objectives:

• Understand the nature and purpose of businesses: Explore the role of businesses in the economy and their objectives.
• Learn about different business structures: Study sole proprietorships, partnerships, corporations, and cooperatives.
• Analyze the key functions of businesses: Examine marketing, finance, human resources, and production.
• Develop critical thinking and problem-solving skills: Apply business concepts to real-world scenarios and make informed decisions.
• Explore ethical and social responsibilities: Understand the importance of ethical business practices and their impact on society.

Course Content:

• Introduction to Business: The nature of business, business objectives, and business environment.
• Business Structures: Sole proprietorships, partnerships, companies (limited and unlimited), and cooperatives.
• Human Resource Management: Recruitment, selection, training, and employee relations.
• Marketing: Market research, product development, pricing, promotion, and distribution.
• Finance: Financial statements, budgeting, and financial management.
• Production: Production processes, quality control, and supply chain management.
• External Influences: Economic, legal, technological, and social factors affecting businesses.

Assessment Methods:

• Class participation: Active engagement in discussions, debates, and group work.
• Assignments: Completing individual and group projects, case studies, and research tasks.
• Exams: Written examinations to assess students’ understanding of key concepts and their ability to apply them.

IGCSE Examination:

• Paper 1: Multiple-choice questions (40 marks)
• Paper 2: Structured response questions (60 marks)

IGCSE Business Studies Life Classes provides students with a solid foundation in business principles, preparing them for the IGCSE examination and future academic or career paths.