IGCSE End of Year Revision

QUESTION: Define the Private Sector

IGCSE End of Year Revision QUESTION: Define the Tertiary Sector

IGCSE End of Year Revision QUESTION: What are the stages in the Chain of Production?

IGCSE End of Year Revision QUESTION: What do I mean by Interdependence?

IGCSE End of Year Revision QUESTION: Draw the ways a business can grow “externally” on the board!

IGCSE End of Year Revision QUESTION: What are the 4 Economies of Scale?

IGCSE End of Year Revision QUESTION: What are Diseconomies of Scale?

IGCSE End of Year Revision QUESTION: Give me 3 problems of business growth

IGCSE End of Year Revision QUESTION: What type of business deals with diversified products?

IGCSE End of Year Revision QUESTION: Provide me 3 external costs to a business who plan to build a new bypass

IGCSE End of Year Revision QUESTION: Provide me 3 external benefits to a business building a bypass road

IGCSE End of Year Revision QUESTION: What is a Cost Benefit Analysis?

IGCSE End of Year Revision QUESTION: What is “National Wealth”?

IGCSE End of Year Revision QUESTION: What is Sustainability?

IGCSE End of Year Revision QUESTION: Define a Stakeholder

IGCSE End of Year Revision QUESTION: What is a Mission Statement?

IGCSE End of Year Revision QUESTION: What is the difference between an Aim and an Objective?

IGCSE End of Year Revision QUESTION: Who is the most important person in a Plc and Ltd? Why?

IGCSE End of Year Revision QUESTION: What is the Fiscal Policy?

IGCSE End of Year Revision QUESTION: What is GDP?

IGCSE End of Year Revision QUESTION: What is the difference between Direct and Indirect Tax?

IGCSE End of Year Revision QUESTION: Define Inflation

IGCSE End of Year Revision QUESTION: What are the following: CAD CAM CIM ICT EFTPOS E-Commerce 49

IGCSE End of Year Revision QUESTION: Define the Private Sector

IGCSE End of Year Revision QUESTION: Correctly draw and label a supply and demand curve

IGCSE End of Year Revision QUESTION: Show how the demand curve will change if the price is reduced

IGCSE End of Year Revision QUESTION: 3 barriers to international trade

IGCSE End of Year Revision QUESTION: What is unlimited liability?

IGCSE End of Year Revision QUESTION: What is a “centralised” business?

IGCSE End of Year Revision QUESTION: What is “Hierarchy”?

IGCSE End of Year Revision QUESTION: What is the difference between a Customer and a Consumer?

IGCSE End of Year Revision QUESTION: What is a Niche Market?

IGCSE End of Year Revision QUESTION: What is a Product Orientated market?

IGCSE End of Year Revision QUESTION: What is “Bias”?

IGCSE End of Year Revision QUESTION: What is “Frequency Distribution”? 138

IGCSE End of Year Revision QUESTION: Product Differentiation is...?

IGCSE End of Year Revision QUESTION: Branding is....?

IGCSE End of Year Revision QUESTION: Give an example of Penetration Pricing and reasons for using it!

IGCSE End of Year Revision QUESTION: What is price skimming and why would it be used?

IGCSE End of Year Revision QUESTION: What is price elasticity?

IGCSE End of Year Revision QUESTION: What is the Law of Supply? 151

IGCSE End of Year Revision QUESTION: What is Above the Line promotion?

IGCSE End of Year Revision QUESTION: What is Informative Advertising?

IGCSE End of Year Revision QUESTION: 3 advantages of Flow Production

IGCSE End of Year Revision QUESTION: 3 advantages of Job production

IGCSE End of Year Revision QUESTION: What is a variable cost?

IGCSE End of Year Revision QUESTION: Write down what comes under a Trading Account

IGCSE End of Year Revision QUESTION: Finish it off with the P&L Account

IGCSE End of Year Revision QUESTION: Finish it off with an Appropriation Statement

IGCSE End of Year Revision QUESTION: What are the headings on a Balance Sheet?

IGCSE End of Year Revision QUESTION: How do you calculate your Working Capital?

IGCSE End of Year Revision QUESTION: Draw and label a BEP

IGCSE End of Year Revision QUESTION: What is the difference between Wages and Salaries on the income statement?

IGCSE End of Year Revision QUESTION: What is a “Marginal Cost”?

IGCSE End of Year Revision QUESTION: What is the Contribution?

IGCSE End of Year Revision QUESTION: Kaizen is

IGCSE End of Year Revision QUESTION: TQM is.....

IGCSE End of Year Revision QUESTION: Lean production is.....

IGCSE End of Year Revision QUESTION: Depreciation is....

IGCSE End of Year Revision QUESTION: A business has a profit of $4m But it has only got $1m cash How can this be?

IGCSE End of Year Revision QUESTION: What are the 3 profitability ratios?

IGCSE End of Year Revision QUESTION: What are the 2 liquidity ratios?

IGCSE End of Year Revision QUESTION: What do liquidity ratios measure?

IGCSE End of Year Revision QUESTION: Current Asset Ratio Acid Test Ratio Net Profit Ratio Gross Profit Ratio ROCE ratio

IGCSE End of Year Revision QUESTION: What is “Gearing”?

IGCSE End of Year Revision QUESTION: What is working capital?

IGCSE End of Year Revision QUESTION: Give me one motivational theorist and explain it!

IGCSE End of Year Revision QUESTION: Give me one motivational theorist...

IGCSE End of Year Revision QUESTION: Give me one motivational theorist...

IGCSE End of Year Revision QUESTION: Provide me with 4 non financial incentives 210

IGCSE End of Year Revision QUESTION: What is a fringe benefit? Who is likely to get them?

IGCSE End of Year Revision QUESTION: 3 styles of management are... What jobs are each style suitable for?

IGCSE End of Year Revision QUESTION: The stages of recruitment are... Draw on board! 218

IGCSE End of Year Revision QUESTION: Why might a contract of employment be ended? 4 reasons!

IGCSE End of Year Revision QUESTION: What is Nationalisation?

IGCSE End of Year Revision QUESTION: What are competition laws?

IGCSE End of Year Revision QUESTION: 4 ways that an employee can be protected with legislation

IGCSE End of Year Revision QUESTION: What is Collective Bargaining?

IGCSE End of Year Revision QUESTION: What is the Business cycle? Draw on the board!

IGCSE End of Year Revision QUESTION: What is Social Responsibility?