impact of higher price • Understand the limitations of break-even analysis• Interpret a given chart and use it to analyse a situation • Calculate break-even output from given data, 4.3.1 Why quality is important and how quality production might be achieved: • What quality means and why it is important for all businesses • The concept of quality control and how businesses implement quality control • The concept of quality assurance and how this can be implemented, 4.4.1 The main factors influencing the location and relocation decisions of a business: • Issues and factors relevant to the location decision of manufacturing businesses and service businesses • Issues and factors that a business could consider when deciding which country to locate operations in • The role of legal controls on location decisions needs to be understood when attempting these IGCSE Business Studies past year papers• Recommend and justify an appropriate location for a business in given circumstances, 5.1.1 The need for business finance: • The main causes why businesses need finance, e.g. Similarly, we have checkpoint combined science for igcse lower secondary. Solving these Past Papers will help you to prepare for CAIE previously CIE IGCSE Business Studies (0450). Great experience learning from this centre. the ability to compute, analyse and interpret business data, communication skills needed to support arguments and advice with reasons. The section concludes with the importance and methods of location decisions and achieving quality in the production process of businesses. Moreover, you can also check out IGCSE Business Studies Syllabus & Example Candidate Response. Chris is an excellent and a dedicated accounting teacher . autocratic, democratic and laissez-faire • Recommend and justify an appropriate leadership style in given scenario, 2.2.4 Trade unions: • What is meant by a trade union is and the consequences of employees being union members, 2.3 Recruitment, selection and training of employees, 2.3.1 Recruitment and selecting employees: • Recruitment and selection methods • Difference between internal recruitment and external recruitment • Main stages in recruitment and selection of employees • Recommend and justify who to employ in given circumstances • Advantages and disadvantages of part-time employees and full-time employees, 2.3.2 The importance of training and the methods of training: • Significance of training to a business and to employees • Advantages and disadvantages of induction training, on-the-job training and off-the-job training, 2.3.3 Why reducing the size of the workforce might be necessary: • Difference between redundancy and dismissal • Appreciate situations in which downsizing the workforce might be necessary, e.g. Notes and mind maps are provided making studying and revision very easy. Really like the teaching method and environment. Therefore, the lessons were resumed as online immediately without any missing class. This includes the purpose and methods of production and how productivity can be improved. Most importantly the notes are prepared by teacher and all those notes short in explanation with key words, pictures which easy for student to memorize, remember and thus save time for student to study with thick books as compare to Twins Education notes . using computers in design and manufacturing (CDM), 4.2 Costs, scale of production and break-even analysis, 4.2.1 Identify and classify costs: • Classifying costs into fixed, variable, average, total cost• Use cost data and information to help make simple cost-based decisions, e.g. Legal restrictions are an external influence to be considered but these influences are covered in the relevant functional areas above, as well as in this last section. You can download the past papers of both May/June and October/November sessions and of different variants of igcse Business Studies Past Papers. Kennedy Lugar YES Program (2021-2022) in USA Fully Funded Exchange Program for School Students. online, accessing government sources, paying for commercial market research reports • Factors influencing the accuracy of market research data, 3.2.2 Presentation and use of market research results: • Analyse market research data shown in the form of graphs, charts and diagrams; draw simple conclusions from such data, 3.3.1 Product: • The costs and benefits of developing new products • Brand image; impact on sales and customer loyalty • The role of packaging • The product life cycle: main stages and extension strategies; draw and interpret a product life cycle diagram • How stages of the product life cycle can influence marketing decisions, e.g. ps: the teachers are very friendly and they don’t bite! 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