Edexcel Igcse Business Studies Revision Notes Pdf ((new)) Jun 2026

Five levels of needs; physical, safety, social, esteem, self-actualisation.

Authority is delegated to lower-level managers and employees. 2.2 Recruitment and Selection edexcel igcse business studies revision notes pdf

: Focuses on basic concepts like scarcity , opportunity cost , and stakeholders . Key topics include different types of business ownership (sole traders, partnerships, and limited companies) and the impact of external factors such as globalization and government policies . Five levels of needs; physical, safety, social, esteem,

Break-Even Point=(Fixed CostsSelling Price per Unit−Variable Cost per Unit)Break-Even Point equals open paren the fraction with numerator Fixed Costs and denominator Selling Price per Unit minus Variable Cost per Unit end-fraction close paren Module 6: Exam Command Words and Exam Technique Key topics include different types of business ownership

Bank loans (fixed interest, regular repayments), venture capital (funding from investors in exchange for equity), and share capital (selling company shares to investors). Key Financial Formulae