121 Business Studies O Level (Revision Notes) by Shahraiz Chishti | KitaabNow

121 Business Studies O Level (Revision Notes) by Shahraiz Chishti

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  • Author: Shahraiz Chishti
  • Publisher: Read and Write Publications
  • Format: Paperback
  • Language: English


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121 Business Studies O Level (Revision Notes) by Shahraiz Chishti by Shahraiz Chishti

Business Studies O Level Notes written for students of Code 0450 IGCSE/ O levels Code 7115  Business Studies. The book covers the whole syllabus and is written in a concise manner.

The book can be used as a primary text for covering the syllabus and at the same time can be used as revision text as it is written in a concise manner.

The language used is simplistic so that students of all backgrounds/language ability can engage with the content of the book. Exam questions are not present in this book so it is highly suggested that students solve Past Papers to understand the paper pattern.

The Author Mr Shahraiz Javed Chishti completed his MBA/BBA in Marketing and media with minor in social sciences from LSE and did his O levels from Aitchison College Lahore. The author has been a renowned teacher of O/A Levels Business, Commerce and Social Sciences.

Key Features

  • Sufficient for excelling at both Paper 1 and Paper 2
  • Complete course outline, paper pattern with concerned percentages
  • Concise yet comprehensive enough to be used as a quick revision guide
  • Important topics discussed in greater detail to cater syllabus 7115 for O level and requirements

Table of Contents

  1. Acknowledgements
  2. Syllabus
  3. Paper Pattern
  4. Chapter 1 & 2 Business Activity and Types of Businesses
    1. Needs
    2. Wants
    3. Factors of productions
    4. The economic problem
    5. Opportunity cost
    6. Specialization
    7. Goods
    8. Private sector activities
    9. Public ownership
    10. Privatization
  5. Chapter 3 Enterprise, Business Growth and Sales
    1. Enterprise and Entrepreneurship Entrepreneur
    2. Characteristic of successful entrepreneurs
    3. Why should governments support business startups
    4. Value of sales
    5. Which method should you choose?
  6. Chapter 4 Types of Business Organizations
    1. Private Sector
    2. Partnership
    3. Private Limited Companies
    4. Public Limited Companies
    5. Co-operatives
    6. Close Corporations
    7. Joint ventures
    8. Franchising
    9. Public Sector
    10. Municipal enterprises
  7. Chapter 5 Business Objectives and Stakeholders Objectives
    1. Business objectives
    2. Stakeholder Groups
  8. Chapter 6 Motivation Theories
    1. Motivation
    2. Motivation Theories
    3. Maslow
    4. Herzberg
    5. McGregor
    6. Why do people work?
    7. Wages
    8. Motivating factors – non-financial motivators
    9. Job satisfaction
    10. Job rotation
    11. Job enlargement
    12. Job enrichment
    13. Autonomous work groups or team-working
    14. Leadership
    15. Formal and informal groups
    16. Formal groups in business
    17. Informal groups in business
  9. Chapter 7 Organizational Structure
    1. Delegation
    2. Functional departments
    3. Decentralisation
    4. Role of Managers
    5. Trade Unions
  10. Chapter 8 Recruitment, Training and Human Resources
    1. Recruitment and selection
    2. Job Analysis and Description
    3. Job specification
    4. Advertising the vacancy
    5. Internal recruitment
    6. External recruitment
    7. Job advertisement
    8. Applications forms and CVs/résumés
    9. Interviews
    10. Rejecting unsuccessful applicants
    11. Workforce planning
    12. Dismissal and Redundancy
  11. Chapter 9 Communication in Business
    1. Formal Communication
    2. Informal Communication
    3. Methods
    4. Motivation and Communication
    5. Effective communication
    6. Barriers to Successful Communication
    7. How to Improve Communication
    8. Grapevine
    9. Direction of communication
  12. Chapter 10 Marketing
    1. What is marketing?
    2. Product-orientated and market-orientated businesses
    3. What is marketing
    4. The Marketing department
    5. The objectives of marketing
    6. SWOT analysis
    7. Market segments
    8. The marketing mix
    9. Four C’s
  13. Chapter 11 Market Research
    1. Why is market research needed?
    2. Primary research
  14. Chapter 12 Marketing Mix Product
    1. Product
    2. Types and classification
    3. Development phase
  15. Chapter 13 Pricing Strategies
    1. Price Elasticity of Demand
    2. Cost-plus Pricing Strategy
  16. Chapter 14 Promotions
    1. Promotion
    2. Legal and other constraints
    3. Internet
  17. Chapter 15 Place
    1. Channel of Distribution
    2. Agents
    3. Retailer
  18. Chapter 16 Marketing Strategy
    1. Legal constraints on marketing
  19. Chapter 17 Production
    1. Operations department
    2. Stock control and inventory control
    3. Lean Production Techniques
    4. Kaien
    5. Technology in Business
  20. Chapter 18 Break Even and Business Costs
    1. Costs
    2. Break Even Analysis
  21. Chapter 19 Quality
    1. What is quality
    2. Quality Control
    3. Quality Assurance
    4. TQM (Total quality management)
  22. Chapter 20 Factors Affecting Location
    1. Factors affecting the location of a manufacturing business
    2. Factors affecting the location of a retailing business
    3. Factors that influence a business to relocate either at home or abroad
    4. Factors affecting the location of a service sector business
    5. Roles of legal control
  23. Chapter 21 Financing Activities
    1. Working Capital
    2. External Sources of Finance
    3. Other Sources of Finance
    4. Factors Influencing Choices of Finance
  24. Chapter 22 Cash Flow
    1. Cash Flow Statement
    2. Limitations of Cash Flow
    3. Causes of Cash-Flow Problems
    4. Increase cash inflows
  25. Chapter 23 & 24 Income Statement and Balance Sheet
    1. Income Statement
    2. Assets
    3. Trade Receivables (Debtors)
    4. Accounts/Trade Payable (Creditors)
    5. Goodwill
  26. Chapter 25 Ratio Analysis
    1. Profitability
    2. Liquidity
  27. Chapter 26 Government and Economic Influences on Business
    1. Government economic objectives
    2. Low inflation
    3. Low levels of unemployment
    4. Economic growth
    5. Balance of payments
    6. Fiscal Policy
    7. Monetary policy
  28. Chapter 27 Environment and Ethics
    1. Externalities
  29. Chapter 28 Business in the International Economy
    1. Globalization
    2. Points for globalization
    3. Multinational company
  30. References
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