IGCSE, GCSE Business studies, Economics, Accounting

Accounting Mind Maps

2010-06-24T00:51:00.000-07:00

A New mindmap for IGCSE Accounting has been uploaded on dineshbakshi.com. This mindmap is very helpful for students to understand the basic rules of accounting i.e. debit and credit. This mindmap can be downloaded from www.dineshbakshi.com Mind Map section in PDF format. Check out hundreds of other mind maps on Economics and Business Studies in the same section.

Centralisation and Decentralisation

2009-11-28T18:34:00.000-08:00

Centralisation and Decentralisation
Centralisation implies the concentration of authority at the top level of the organisation while decentralisation means dispersal of authority throughout the organisation

According to Allen

Centralisation is systematic and consistent reservation of authority at central
points within an organisation. Decentralisation applies to the systematic
delegation of authority in an organisation context.

Advantages of Decentralisation
Decentralisation reduces the workload of top executives.
It improves job satisfaction and morale of lower level managers by satisfying their needs for independence, participation and status.
Decision making is quicker.
It facilitates growth and diversification. As each product division is given sufficient autonomy for innovation and creativity.
It gives opportunity to subordinates to exercise their own judgment. They develop managerial skills which will be useful to the organisation in the longer run.
Decentralisation requires wider span of control and fewer levels of organisation. It speeds up communication.
Decentralisation increases the administrative expenses and each division or department has to be sufficient in terms of physical facilities and trained personnel.
As each department or division enjoys substantial autonomy it might lead to co-ordination problems.
There might be lack of uniformity and inconsistent procedures as each department might have the authority to formulate its own policies and procedures.
Disadvantages of Decentralisation
Decentralisation increases the administrative expenses and each division or department has to be sufficient in terms of physical facilities and trained personnel.
As each department or division enjoys substantial autonomy it might lead to co-ordination problems.
There might be lack of uniformity and inconsistent procedures as each department might have the authority to formulate its own policies and procedures.

To view complete revision notes on Centralisation and Decentralisation Click on the link or visit http://www.dineshbakshi.com/

How to design a questionnaire

2009-10-29T23:35:00.000-07:00

The most common research instrument is the questionnaire. Poorly designed questionnaires do not uncover the information you are seeking. Pretest any question with a few people to see which questions are being misunderstood or are not effective in drawing out the type of response you are interested in.

Keep these tips in mind when designing your market research questionnaire.

Keep it simple.
Include instructions for answering all questions included on the survey.
Begin the survey with general questions and move towards more specific questions.
Keep each question brief.
If the questionnaire is completed by the respondent and not by an interviewer or survey staff member, remember to design a questionnaire that is graphically pleasing and easy to read.

Read more of this article at dineshbakshi.com and find additional business studies, economics and accounting revision notes

Workers Participation Revision Notes

2009-10-21T05:27:00.000-07:00

Worker participation

Worker participation refers to the influence that workers had on decision-making at management level. Representative workers of influence achieved this through their work on the various management-employee committees.

Advocate workers of influence used formal, individual meetings with management to influence their thinking. Informal workers of influence give input to management thinking in informal arenas such as articles in the newsletter and informal discussion where they exchange information with management.

Participation requires that management share information about the operation of the plant, the marketplace and the needs of customers and suppliers.

Get more revision notes for IGCSE, GCSE, AS, A Levels, IB Business Management at dineshbakshi.com

Disney to buy Marvel Entertainment

2009-09-01T21:50:00.000-07:00

Entertainment giant Walt Disney is to buy Marvel Entertainment in a shares and cash deal valued at $4bn (£2.5bn).
The boards of Disney and Marvel have both approved the deal, which now needs the backing of Marvel shareholders and competition authorities.

Read full article on this deal click here

Watch a video report Click here

Free Trade Zones

2009-08-21T19:31:00.000-07:00

What is a free trade zone?

Free trade zones, describe an arrangement where different trading entities, usually member countries, agree to cut or scrap taxes in order to lower business costs and remove bureaucracy. They are also known as "special economic zones" and are mostly found in developing economies. The aim is to give a massive artificial boost to trade, especially between raw material producers and manufacturing based economies. These zones are also attractive to foreign investors as it's cheaper for them to do business there.

Read more about 'Free trade zones in Africa' in this BBC Article. Click here

Fiat workers protest at mergers

2009-07-24T23:22:00.000-07:00

Fiat and Chrysler have completed the strategic alliance that will put Chrysler's good assets into a new firm.
Thousands of Fiat car workers in Italy have been staging a demonstration to demand job guarantees. The protesters are concerned that a possible merger with Opel would result in factory closures.

Fiat turns corner in poor economy

2009-07-24T23:18:00.000-07:00

Italian carmaker Fiat is due to release its second-quarter results on Wednesday with some industry analysts predicting the company could return to profit.

Fiat has been pushing hard with a range of new models and government-backed incentive schemes to turn around its fortunes.

Strategic Management Revision notes

2009-07-18T08:58:00.000-07:00

Strategic Management

Strategic or institutional management is the conduct of drafting, implementing and evaluating cross-functional decisions that will enable an organization to achieve its long-term objectives.It is the process of specifying the organization's mission, vision and objectives, developing policies and plans, often in terms of projects and programs, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs.

for more A Level Business studies revision notes click here

Business studies and Economics Mind maps

2009-07-18T08:47:00.000-07:00

Mind map for A Level Business studies, Operation Management topic is available for download from dineshbakshi.com. This mind map clearly explains the concept of production and productivity.
Another mind map for IGCSE, GCSE Economics 'Spending, Saving and Consumption' is now available for download.

Click here to goto dineshbakshi.com Mindmaps section

Affect of Exchange rate fluctuation on businesses

2009-06-03T11:08:00.000-07:00

Many times students are expected to evalute the affect of exchange rate fluctuations on the businesses in the country. dineshbakshi.com has recently added revision notes on this topic. A brief summary is given below...
How fluctuation in exchange rate affects business.
Let’s take the example of Britain and US. If the value of Pound Sterling fluctuates in comparison to US$, then, how will it affect different businesses in United States?
Appreciation of Currency
US Dollar becomes expensive as compared to British Pound.
In order words, there is an Appreciation in the value of US$
Earlier 1 Pound could get $1.5,
Now 1 Pound can only get $1.3 (because US$ has appreciated)
It will directly affect US Importer and Exporters. Lets see how…
US Importers will GAIN because now US$ dollar can buy more from Britain. Earlier $1.5 could get only 1 Pound worth of goods from UK but now US importer have to pay only $1.3 to get 1 Pound worth of goods from UK.
Read more... Click here

5 Solved examples on Decision Tree topic

2009-05-24T08:10:00.000-07:00

Decision Trees are useful tools for helping you to choose between several courses of action.

They provide a highly effective structure within which you can explore options, and investigate the possible outcomes of choosing those options. They also help you to form a balanced picture of the risks and rewards associated with each possible course of action.

This makes them particularly useful for choosing between different strategies, projects or investment opportunities, particularly when your resources are limited.

This topic is not covered in the IGCSE syllabus but is relevant to A Level Business Studies students.

Click here to goto revision notes on Decision tree

Click here to download questions (with solutions) on decision tree

Budgets and Variance Analsyis revision notes

2009-05-22T19:20:00.000-07:00

A budget is a document that translates plans into money - money that will need to be spent to get your planned activities done (expenditure) and money that will need to be generated to cover the costs of getting the work done (income). It is an estimate, or informed guess, about what you will need in monetary terms to do your work.
This process of financial planning known as budgeting.
Click here to goto detailed revision notes on budgeting
These notes also cover the benefits and drawbacks of budgeting.
What is Variance analysis?
A variance is the difference between an actual result and an expected result. The process by which the total difference between standard and actual results is analysed is known as variance analysis. When actual results are better than the expected results, we have a favourable variance. If, on the other hand, actual results are worse than expected results, we have an adverse.
Click here to goto detailed revision notes on Variance analysis

WordSearch Quizzes on dineshbakshi.com

2009-05-22T19:02:00.000-07:00

10 new quizzes have been uploaded to the Business Studies section of dineshbakshi.com. These are new type of quizzes, different from the earlier ones. Few terms have been given on the right column and the students have to search these words from a matrix of jumbled words. Main idea is to familiarize the students with business studies terms. It can be used in classrooms by the teachers to get the students as an ice breaking activity. By the end of each quiz students will be well acquainted with the terms. Students can also use it as a challenge to find the words in the minimum time. Whatever the use may be the basic idea is 'ITS LEARNING THE FUN WAY"
So go ahead and enjoy!
Click here to goto the WordSearch Quiz Section

Case study on Merger

2009-05-10T19:49:00.000-07:00

In January, Porsche announced it had increased its stake in Volkswagen to more than 50%, and said it planned to lift its stake in VW to 75%.

However, even with a 75% stake it would not have been able to take complete control because under the "VW law" the state of Lower Saxony, which holds a 20% stake, can block strategic decisions.
Stock markets had closed before the announcement, with Porsche shares up 1.2%, and VW's down slightly, by 0.4%. Now they have changed their mind and recently Carmaker Porsche agreed a merger with fellow German manufacturer Volkswagen (VW) after weeks of talks between the two firms' management.

Find out

* the difference between a merger and a takeover.
* Problems and benefits due to merger.
* Their effect on corporate cultures of the merging businesses. The synergies created because of mergers.

Watch a video on this story Click here
Attempt a case study on merger Click here

Case study - Human resource management

2009-05-06T20:51:00.000-07:00

Case study on Human resource is available on dineshbakshi.com. This case study covers important aspect like piece rate and time rate methods of payment, motivation, health and safety issues in an organisation.

Click here to goto the Case study

Another worksheet- structured question is available on Motivation topic. This worksheet on motivation tests students on financial and non-financial methods of motivation and evaluates their effectiveness in a work environment.

Click here to go to the Worksheet

Business Studies exam revision worksheets

2009-04-22T06:54:00.000-07:00

Exams are round the corner and everybody is busy preparing for it.

dineshbakshi.com has come up with a series of worksheets specially for IGCSE, GCSE Business studies curriculu. There are at present 6 worksheet in the pack and we have named it 'Fast Track' revision worksheets. As the name suggests the questions cover basic business studies topics from accross the curriculum . More worksheets will be uploaded soon. Just print them and attempt them.

Click here to goto these worksheets.

Mindmap on Quality management and Organisational structure

2009-04-17T05:14:00.000-07:00

dineshbakshi.com has been updated with new mindmaps on Quality control and Organisational chart.

Quality control tell in a very compact way the differnt aspects which the students will be tested in examination. These include the various approaches, benefits of quality control.

Mind map on organisation chart shows the importance of organisational chart and what information does it give.

Click on the links below to goto

Quality control mind map

Organisational Chart mind map

Want more mind maps on business studies and economics... Click here

What is globalisation

2009-04-17T05:06:00.000-07:00

Globalisation means the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, and the spread of technology.

According to dictionaries:

Globalisation (n) is the "process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications" (Collins) or - from the US - to "make worldwide in scope or application" (Webster). The financial markets, however, are where the story begins.

Revision notes on Globalisation. Click here

Attempt a Worksheet on Globalisation. Click here

Read these articles on Globalisation

Globalisation Atricle on Gaurdian website

Debate on Globalisation

issues related to Globalisation

Stock Management - Mind Map

2009-04-12T04:34:00.000-07:00

Every business has to maintain Stock. Stock are of three types:

Raw materials
Semi finished goods
Finished goods

Stock management is of vital importance for a business because a there it costs the business to maintain stocks. These costs may be the opportunity cost, stock holding overheads, risk of obsolescence or wastage. Thus, every business strives to achieve an optimum stock level. Poor stock management may lead to blocking of working capital, disappointment for customers, high ordering cost per order, outdated stock and no discounts from suppliers. Different methods of stock management are available. Stock control charts are still the favorite but many large businesses are moving to Just In Time (JIT) stock management system. For detailed notes on Stock management. Click here Download Mind Map on Stock Management. Click here

Revison notes on Incomplete Records

2009-04-12T02:02:00.000-07:00

Updated revision notes on Incomplete records are now available on dineshbakshi.com. These revision notes cover all the important components of IGCSE, GCSE accounting syllabus.
prepare opening and closing statements of affairs;

calculate net profit or loss from changes in capital over time;
calculate sales, purchases, gross profit, debtors (trade receivables) and creditors (trade payables) and other figures from incomplete information;
prepare income statements (trading and profit and loss accounts) and balance sheets;
make adjustments to financial statements (final accounts)
apply the techniques of mark-up, margin and stock (inventory) turnover to arrive at missing figures.

Click here to goto the revision notes

Trade Protectionism

2009-04-03T00:25:00.000-07:00

Protectionism is the economic policy of restraining trade between nations, through methods such as tariffs on imported goods, restrictive quotas, and a variety of other restrictive government regulations designed to discourage imports, and prevent foreign take-over of local markets and companies. This policy is closely aligned with anti-globalization, and contrasts with free trade, where government barriers to trade are kept to a minimum.

Click here to know more about trade protectionism
Click here to attempt a Case study on trade protectionism

Case Study- Tougher laws to protect small businesses

2009-04-02T23:55:00.000-07:00

Recently in UK government has tightened the planning regulations to control the spread of out-of-town Superstores which might pose a threat to small shops in the town centre.

Small business is vulnerable to the competition.

As we all know that small firms are important for the economy.

Every business starts small.
Small businesses are flexible and respond easily to changes in demand.
Small firms often cater to local demands.
In difficult economic times, such as a recession, small business can be an important source of providing employment.
Small firms provide competition to larger firms through providing customised goods and services.
Small firms provide niche products and services which a larger firm might oversee.

Click here to goto revision notes on small businesses.

Click here to attempt a Case study on how governments help small businesses.

Stakeholders and Profit maximisation

2009-03-31T04:26:00.000-07:00

Stakeholders are people or groups who are interested in the performance of a business. A business activity has a number of stakeholders associated with it. These might be Owners, management, managers, workers/employees, creditors, suppliers, government and community.
Each of these stakeholders have some interest on the business. An owner might be interested in maximum profit, whereas employees may be looking for stability of job and better salaries/wages.
Every business decides it objectives keeping in mind these possible interest. One of the prime objectives of a business is to maximize profit.
Profits are vital for a business to sustain itself and to give returns to owners on their investments. Returns on investment made by shareholders in companies is known as dividend.

Eurotunnel, a European company, for the first time paid dividend to its shareholders and this simple case study lets the students investigate into this concept.

Click here to attempt this case study

Business Studies Case Study - Quality at Dalepak

2009-03-07T18:45:00.000-08:00

In today's competitive business environment product quality hold a very important place. Businesses used quality to differentiate their products from others while others may uses it as a means of adding value to their services.

Here is a case study on Dalepak a warehousing, packaging and distribution company based in Northamptonshire. They pride themselves on their quality control.

Click here to go through this interesting case study.

Visit Dalepak website. Click here

Sample teachers comments for Business studies & Economics

2009-02-26T20:21:00.000-08:00

Dear teachers, In many school round the world teachers have to write report comments for their students. These comments usually giving an overview of the students performance in their respective subjects. I personally find it quite a challenge.
Report comments go a long way in telling the students about their

strengths
weaknesses
strategies to improve their strengths and;
way of overcoming their weaknesses.

I have uploaded some comments which I have been using to inform my students about their performance. Though they are very much customized to my school's comment writing criteria, they might be of help to you also. There are a couple of links on this page which give practical advice on comment writing. I hope you will find them useful.
Click here to go to Sample comment page
Click here to go to Teacher resources home page

Business Studies Mind maps

2009-02-18T04:51:00.000-08:00

Mind maps are an effective revision tool. A large amount of information can be condensed into a simple diagram which are easy to remember.

you can use mind maps to:

note-making ~ capture and organise your thoughts and ideas on one page

note-taking ~ put information into your head from the printed and spoken word i.e., books, magazines, reports, TV, radio, speeches etc.

Mind Maps are an excellent study aid and can make revising for exams easy and fun!

dineshbakshi.com has a huge collection of Mind maps on Business studies and Economics.

Click on the links below to download the latest addition to the collection:

Training

Cash flow

Ratio Analysis

Click here to Mindmap home page

Business Studies/Economics case study- Pressure group/Social cost/External environment

2009-02-16T06:47:00.000-08:00

A case study on social cost and the role of pressure groups. Based on the pollution problem in Hong Kong which is having devastating affect on one of the most developed economies in Asia. This worksheet can also be used to show the effect of external environment on business organizations.

Click here to go to the worksheet

Accounting Worksheets on Depreciation and Partnership accounts

2009-02-16T06:39:00.000-08:00

Accounting worksheets on the following topics have recently been uploaded on dineshbakshi.com

Click on the links below to goto these worksheets

Mind map - Inflation

2009-02-05T05:42:00.000-08:00

We all know that visual aid makes teaching more effective. With this in mind dineshbakshi.com has a separate section for Mind maps. Mind maps are an indispensable tool for revision. Students can use them to do last minute revision. Moreover they will find that they can absorb and retain important points more easily. The latest addition to this section is Inflation Mind map. Click here to download Inflation Mind map Click here to find more Mind maps on Economics and Business Studies.

Worksheet- Accounting concepts

2009-02-02T07:13:00.000-08:00

This worksheet has description of various accounting concepts given and the students have to identify them. A short but very effective worksheet.

Click here to go to Accounting Concept Worksheet

Have fun and keep look for more worksheets on this blog and www.dineshbakshi.com

Worksheet- Trial Balance

2009-02-02T07:09:00.000-08:00

Hi folks,

Its been long since I posted accounting worksheets on this blog. I am sorry for that as I was busy enjoying my holidays. However, now I am back and you would see a lot of buzz on this blog. Accounting will be my priority in the coming months.

Anyways, this worksheet on Trial balance tests the students on important questions. Looking at their frequency of appearance I can surely say that these questions are ‘examiner’s favorite’ .

Click here to go to Trial Balance Worksheet

Case Study -Can market research help my company?

2009-01-29T07:09:00.000-08:00

Market research is essential for the success of any business. Effective market research can deliver significant benefits to the business. The right type of research campaign can help to improve a product or to meet the emerging needs of the customer base. A fresh case study on Marketing research has been posted on dineshbakshi.com This case study evaluates the importance of marketing research for a business and makes the student various aspects of marketing research which are vital for preparing this topic. Click here to attempt the case study.

Case study- Job website hit by major breach

2009-01-29T06:58:00.000-08:00

Recently , There was a news that hackers have stolen the personal details of millions of people using the online job site Monster.

This case study evaluates the impact of technology on business and the cost and benefits attached to using technology.

Click here to attempt the Case study.

Worksheet on Unemployment

2009-01-17T20:44:00.000-08:00

An excellent worksheet on Unemployment has been uploaded on to the Worksheet Section of dineshbakshi.com. This worksheet is ready to print and can be filled in by the students. Students are tested on various aspects of Unemployment.

Attempt Unemployment Worksheet Click here .

Interactive Quiz - Organisational Structure

2009-01-17T20:27:00.000-08:00

Interactive quiz on Organisational Structure has been uploaded. It tests the students on the various terminologies associated with an organisational structure. The quiz is flash based video game format. Definitions/descriptions have been given and you have to identify the term for it.
So go ahead and try it. I am sure you will enjoy it.

Click here to attempt Organisational structure quiz

What is recession?

2008-12-25T01:04:00.000-08:00

2008 will likely be known as the global economy's worst year in decades. What began as a modest U.S. economic downturn accelerated into a full-blown credit and financial crisis that spread around the world. Aggressive intervention by governments and central banks failed to reassure reeling financial markets, ease tight credit, or stave off what is expected to be a protracted global recession.

But, what is recession?

Recession is defined as a period of reduced economic activity, a business cycle contraction.

The U.S.-based National Bureau of Economic Research (NBER) defines economic recession as:

"a significant decline in [the] economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.”

Read more about Recession and how government deals with it. Click here

Watch a Video: The Year the Global Economy Tanked

New Interactive quizzes upload on dineshbakshi.com

2008-11-16T01:26:00.000-08:00

8 new interactive revision quizzes launched. These interactive quizzes cover Unemployment and Economic Growth unit of the syllabus. Most of these quizzes are multiple choice which is an important component of IGCSE Economics. One quiz (Match up quiz) is a flash based quiz where the students have to match the right options. Match up quiz is covering Unemployment topic.

To play these quizzes CLICK HERE

To revise (revision notes) before attempting these quizzes CLICK HERE

To attempt a Case study on Unemployment CLICK HERE

Economics Case Study - Unemployment

2008-11-14T21:25:00.000-08:00

Unemployment in UK has reached 11 years high. Clearly the main reason for it is the reduced aggregate demand in the economy due to the global crises.

This case study covers the ‘Unemployment’ topic. Students read about the the latest unemployment figures in UK (report from BBC). Students are tested on the concept of unemployment, the cost of unemployment and ways of reducing unemployment.

Notes on Unemployment on dineshbakshi.com would be very useful for giving an indepth understanding on this topic. Click here

Click here to attempt the case study

Buisness Case studies (Topic- Competition)

2008-11-10T06:35:00.000-08:00

Two case studies on unfair competition has been posted on dineshbakshi.com. These case studies focus on how big firms uses various restrictive practices to outnumber competition and prevent small businesses to flourish. The case study also discusses the importance of a competitive market, its affects on consumers and suppliers and how government intervenes.

Click here to attempt the case studies

Supermarkets under probe

Supermarkets admit milk price fixing

IGCSE Accounting syllabus and specimen paper

2008-11-04T03:30:00.000-08:00

You can download IGCSE Accounting (code 452) from CIE website.

Click here goto the page.

You will also find

Specimen Papers for New syllabus applicable from June 2010 examinations
Past question paper (November 2006)
Marking scheme (November 2006)

IGCSE Accounting (0452) Scheme of Assessment

2008-11-04T03:27:00.000-08:00

For students who are appearing for Jun 2010 exams or after that, will have follow the changed scheme of assessment.

There will be two compulsory papers i.e. Paper 1 and Paper 2.

These papers will contain questions based on the whole syllabus, and will be graded A to G.

Paper 1

Duration : 1¾ hours

Total marks: 120

Weighting : 50%

Structured question paper with 8–12 multiple choice items and short answer questions. Paper 1 will

usually consist of between 4 to 5 questions drawn from topics across the whole of the syllabus. All

questions are compulsory and will mainly test Knowledge and Understanding, with some Analysis

and Evaluation.

Candidates answer on the question paper.

Paper 2

Duration :1¾ hours

Total marks: 120

Weighting: 50%

Structured question paper. Paper 2 will usually consist of 4 to 6 questions drawn from topics across

the whole of the syllabus. All questions are compulsory and will test Knowledge and Understanding, but with an emphasis on Analysis and Evaluation.

Candidates answer on the question paper.

US interest rates slashed to 1%

2008-11-04T03:25:00.000-08:00

The Federal Reserve has cut its key interest rate from 1.5% to 1% in a widely expected move, as it aims to avoid a possible US recession.

The question arises

Why do Central Bank cuts interest rates?
What is the impact of interest rate cuts?

Interest rates are reduced in order to increase the aggregate demand in the economy.

Now the question arises 'How aggregate demand rises?'

Loans become cheap, people will take more loans to buy houses and cars etc.
Businesses will also find it the best time to go in for expansion plans, because the loans are cheap.
As the interest rates are very low people will not put their money in bank, and will find more lucrative investment opportunities. They would rather invest their money in businesses where there are better returns. Businesses will boost.

Now when the aggregate demand rises,

Market forces start acting. After a certain period of time if the supply will not be able to keep up with the rise in demand, prices will go up and cause inflation.

This is where the Central Bank has to be cautious and closely monitor the market.

Dynamic/Interactive Economics Graphs

2008-11-04T03:22:00.000-08:00

dineshbakshi.com has come up with innovative dynamic/interactive graphs. These graphs are specially designed for IGCSE, A level economics. It will make it very easy to illustrate the dynamics of the market.Teacher as well as students will find it a handy piece of resource.
A new graph on Short run equilibrium of a perfectly competitive firm has be added. Check it out.

IGCSE Economics (code 455) Scheme of assessment

2008-11-04T03:21:00.000-08:00

There has been a change in the scheme of assessment in IGCSE Economics. Earlier the syllabus was divided into core and extended. But now these both have been merged and made into one syllabus. June 2009 examinations will be based on the new scheme. Instead of Paper1,2,3,4,6 there will be only THREE Papers i.e. Paper 1,2,3. The details are given below.

Paper 1 (45 minutes)
30 multiple-choice items.
ALL questions to be answered

Paper 2 (2 hours)
Structured questions.
Candidates must answer Section A and three questions in Section B.

Paper 3 (1 hour 30 minutes)
A variety of questions which test enquiry skills.
Novel data will be presented for interpretation and analysis of a real economic situation.

Paper Weighting
Paper 1----------20%
Paper 2----------50%
Paper 3----------30%

IGCSE Business studies (450) Description of papers

2008-11-04T03:18:00.000-08:00

I am posting here the description of paper for IGCSE Business Studies (Code 450).

Paper 1 (1¾ hours)

A paper containing short-answer questions and structured/data response questions.

There will be no choice of questions.

Paper 2 (1¾ hours)

Candidates will be presented with a business situation or problem, and required to answer questions arising from it.

There will be no choice of questions.

Paper 3 Coursework (School-based assessment)

Candidates will be required to submit a single piece of work of 3000-4000 word

IGCSE Business studies scheme of Assessment

2008-11-04T03:17:00.000-08:00

I am posting here the scheme of assessment for IGCSE Business Studies (code 450). I hope it will be useful for students and teachers alike.

Candidates must be entered for the following papers:

Paper 1
Paper 2
Paper 3 is an optional Coursework component.

If your school is offering for Business Studies (without Coursework)

Weighting of papers

Paper Weighting

Paper 1 -------50%
Paper 2 -------50%

If your school is offering for Business Studies (with Coursework)

Weighting of papers

Paper Weighting

Paper1 -------40%
Paper2 -------40%
Paper 3 ----- 20%

Audio Slideshow: A guide to the credit crunch

2008-11-04T03:15:00.000-08:00

It seems as though the term 'credit crunch' is becoming common parlance. But do you know what it actually is - or how it came about?

Spend a few minutes with the BBC's Business Editor Robert Peston, as he explains why we are in the middle of a global financial crisis.

Click here to know more...

Sources of finance worksheets

2008-11-04T03:13:00.000-08:00

5 new worksheets on Sources of finace has been added to the resource center of dineshbakshi.com. The topic has been divided into five identifiable area so as to make the it easy and systematic for students to understand the topic.

Click here to goto the worksheets

These worksheets are in Flashpaper format. So you can print it directly from the webpage by clicking on printer icon on the toolbar.

Moreover these worksheets are in 'landscape page layout' so please do the needed setting on your printer before printing them.

Please do comment on these worksheet. Any suggestion will be highly appreciated.

Welcome to IGCSE Revision blog

2008-11-04T00:24:00.000-08:00

This blog has been created to update you with the last worksheets, case studies, news items, quizzes, crosswords, mind maps, gap-fillers, examination tips, business concepts, economics concepts and accounting concepts available at www.dineshbakshi.com
I am dinesh bakshi and I will be regularly updating this blog with the latest news from dineshbakshi.com.

So keep in touch !!