CIE IGCSE - Business Studies 
Understanding business activity

CIE | IGCSE | Business Studies | Understanding business activity | Lesson 01

Business activity

In this lesson we will explain the purpose and nature of business activity.


We will be looking at:


  • Concepts of needs, wants, scarcity and opportunity cost
  • Importance of specialisation
  • Purpose of business activity
  • The concept of adding value and how added value can be increased
CIE | IGCSE | Business Studies | Understanding business activity | Lesson 02

Classification of business

CIE | IGCSE | Business Studies | Understanding business activity | Lesson 03

Enterprise, business growth and size

CIE | IGCSE | Business Studies | Understanding business activity | Lesson 04

Types of business organisation

CIE | IGCSE | Business Studies | Understanding business activity | Lesson 05

Business objectives and stakeholder objectives

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