1. IGCSE End of Year Revision

2. QUESTION: Define the Private Sector

3. IGCSE End of Year Revision QUESTION: Define the Tertiary Sector

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

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

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

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

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

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

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

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

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

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

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

15. IGCSE End of Year Revision QUESTION: What is Sustainability?

16. IGCSE End of Year Revision QUESTION: Define a Stakeholder

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

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

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

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

21. IGCSE End of Year Revision QUESTION: What is GDP?

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

23. IGCSE End of Year Revision QUESTION: Define Inflation

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

25. IGCSE End of Year Revision QUESTION: Define the Private Sector

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

57. IGCSE End of Year Revision QUESTION: Kaizen is....... 185

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

76. IGCSE End of Year Revision QUESTION: What is Nationalisation?

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

78. IGCSE End of Year Revision QUESTION: 4 ways that an employee can be protected with legislation... 234

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

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

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