IGCSE BUSINESS MANAGEMENT TUTOR

The IGCSE Business Studies curriculum develops students’ knowledge of how businesses operate in both the public and private sectors, as well as the importance of innovation and transformation. Students gain knowledge about how the major types of business organizations are established, funded, run, and regulated. Along with other elements influencing business decision-making, the core values of cooperation and interdependence are also taken into account.

Students acquire related skills including research and numeracy in addition to learning about business concepts and procedures. The curriculum provides outstanding job-readiness training and a solid foundation for further study at the Cambridge International Level-A.

The Cambridge IGCSE is the most renowned international qualification for students between the ages of 14 and 16, while it can be taken by students of any age. It is reliable, tried, and true. It gives pupils the option to choose from 70 disciplines in any combination and is taught in more than 4800 schools in more than 150 countries. Employers and academic institutions accept the IGCSE Business Studies as proof of a student’s understanding of business principles and practices used in a range of industries. Pupils will be able to:

• Understand different company structures, the environments in which they function, and business procedures such as finance, operations, and marketing.
• Honor the role that individuals play in a profitable company.

Additionally, they will develop lifelong abilities like:

• possessing the ability to calculate and interpret business statistics.
• Communication skills are necessary to back up assertions.
• the ability to evaluate professional situations and make judgments or conclusions.

What are IGCSE Business Studies’ objectives?

The Objectives section outlines the goals of a course based on this syllabus.

The objectives are to provide students the abilities to:

• Utilize their abilities and critical thinking to address contemporary problems and concerns that crop up in various business settings. Hire an Advika Institute IGCSE business management tutor in India!
• Make use of the right words, concepts, and methods, and understand the benefits and drawbacks of the business principles used.
• Understand the distinction between facts and opinions, and evaluate both qualitative and quantitative data to bolster claims and draw conclusions.
• Value the opinions of different stakeholders about the business environment, people, society, government, and business.
• Learn about the key groups and organizations in and out of business, and consider how they could influence decisions, actions, and goals.
• Discover how the main company kinds are organized, financed, run, and regulated in their dealings with other organizations, customers, workers, owners, and society.
• Develop your research, reading, and math abilities as well as your capacity to select, use, and communicate data from reliable sources.
• Become more knowledgeable about the nature, significance, and context of innovation and change in relation to business activity.
• Create a foundation for upcoming research on business or other topics.

What is the IGCSE Business Studies syllabus overview?

Identifying business activities

This part presents the basic ideas and concepts of business and covers the purpose and nature of business activity as well as how firms may be categorized. Enterprise, entrepreneurs, and the factors that cause some enterprises to grow while others remain small are other important issues. The final topics covered include stakeholder objectives, corporate objectives, various business organization types, and how to measure a company’s size.

People in business

The primary focus is on human resources’ operational domain, which addresses the importance of and methods for inspiring employees. It also considers how businesses are organized and managed, as well as how employees are recruited, selected, and trained. The last paragraph of the section discusses the significance of effective internal and external communication as well as its tactics.

Promotion

The purpose of marketing, the distinctions between mass and niche markets, and market segmentation techniques are covered in this section. Value and market research methods are covered. It is made clear what the marketing mix, or the four Ps, are primarily in charge of. Marketing strategies to influence customer decisions in both new international and domestic markets are the last topics covered in this section.

Administration of operations

The primary focus is on the business function of output, including its definition, modes of operation, and productivity-boosting tactics. Various production costs and break-even analysis are investigated. The section concludes with a discussion of the significance and methods for achieving quality in production techniques and business site considerations.

Financial facts and decisions

This section on finance and accounting covers working capital, cash flow forecasts, the necessity for and availability of business financing, and more. It covers basic income statements, financial condition statements, and the assessment of accounts, including their use and purpose.

Outside variables that impact business operations

This section focuses on the several external elements that impact business operations and the ways in which they impact a business. For an IGCSE business management tutor, get in touch with Advika Institute!

Along with how they impact corporate operations, governmental ramifications of economic, environmental, and ethical issues are also discussed. Other major issues include the global economy, in particular globalization and its effects on governments, businesses, multinational firms, and currency exchange.

Although legal restrictions are an external consideration, they are covered in this final section and in the relevant functional categories above.

Overview of the Subject Content

This syllabus gives you the flexibility to design a course that engages, challenges, and intrigues your students.

Selecting themes, subject settings, resources, and examples to support your students’ learning is your responsibility. In addition to being age-, cultural-, and learning-appropriate for the students, these should also be in compliance with area and school-specific regulations.

Each of the following requires candidates to apply their knowledge to a variety of simple business contexts. After analyzing and evaluating the provided material, candidates should be able to make a simple decision.