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1.2 Classification of Business

Course Content
Intro – Arabic Version
0/1
Intro – Arabic Version
05:28
Intro – French Version
0/1
Intro – French Version
03:44
Business O-Level : Notes Pack
0/94
Chapter 1 : Understanding business activity
1.1 Business Activity
1.1.1 The purpose and nature of business activity
04:42
1.2 Classification of Business
1.2.1 Economic Sectors: Primary, Secondary and Tertiary
03:07
1.2.2 Private and Public Sectors in a Mixed Economy
03:26
1.3 Enterprise, Business Growth and Size
1.3.1 Enterprise and Entrepreneurship
05:14
1.3.2 Measuring Business Size
04:38
1.3.3 Why some Businesses Grow or Remain Small
04:15
1.3.4 Why Some Businesses Fail
03:34
1.4 Types of Business Organization
1.4.1 Features of Different Forms
04:08
1.5 Business Objectives and Stakeholder Objectives
1.5.1 Business Objectives and their Changing Importance
03:48
1.5.2 Stakeholder Roles and Objectives
03:52
1.5.3 Objectives of Private vs Public Enterprises
03:22
Chapter 2 : People in Business
2.1 Motivating Employees
2.1.1 Importance of Motivation
04:16
2.1.2 Methods of motivation
04:08
2.2 Organization and Management
2.2.1 Organizational Charts
03:46
2.2.2 Role of Management
03:44
2.2.3 Leadership Styles
03:52
2.2.4 Trade Unions
03:54
2.3 Recruitment, Selection and Training
2.3.1 Recruitment and Selection
04:23
2.3.2 Importance and Methods of Training
04:21
2.3.3 Workforce Reduction
03:32
2.3.4 Legal Controls over Employment
03:55
2.4 Internal and External Communication
2.4.1 Importance and Methods of Communication
05:12
2.4.2 Communication Barriers
03:58
Chapter 3 : Marketing
3.1 Marketing, Competition and the Customer
3.1.1 Role of Marketing
02:38
3.1.2 Market Changes
04:06
3.1.3 Niche vs Mass Marketing
02:42
3.1.4 Market Segmentation
03:58
3.2 Market Research
3.2.1 Role and Methods of Research
03:52
3.2.2 Presentation and Use of Results
03:48
3.3 Marketing Mix
3.3.1 Product
04:10
3.3.2 Price
03:47
3.3.3 Place – Distribution
03:37
3.3.4 Promotion
04:29
3.3.5 Technology and the Marketing Mix
05:58
3.4 Marketing Strategy
3.4.1 Justify Marketing Strategies
05:48
3.4.2 Legal Controls in Marketing
04:48
3.4.3 Entering Foreign Markets
05:48
Chapter 4 : Operations management
4.1 Production of Goods and Services
4.1.1 Meaning of Production
06:03
4.1.2 Methods of Production
03:00
4.1.3 Impact of Technology
05:05
4.2 Costs, Scale of Production and Break-even
4.2.1 Identify and Classify Costs
04:15
4.2.2 Economies and Diseconomies of Scale
05:20
4.2.3 Break-Even Analysis
05:04
4.3 Achieving Quality Production
4.3.1 Importance and Methods of Quality Control
05:04
4.4 Location Decisions
4.4.1 Factors Affecting Location
05:32
Chapter 5 : Financial information and decisions
5.1 Business Finance : Needs and Sources
5.1.1 Why Businesses need Finance
03:08
5.1.2 Sources of Finance
04:13
5.2 Cash-flow Forecasting and working Captial
5.2.1 Importance of Cash and Forecasting
02:53
5.2.2 Working Capital
04:05
5.3 Income Statements
5.3.1 Profit and its Importance
03:39
5.3.2 Income Statements
03:48
5.4 Statement of Financial Position
5.4.1 Main Elements
04:29
5.4.2 Interpreting a Statement
05:18
5.5 Analysis of Accounts
5.5.1 Profitability
05:18
5.5.2 Liquidity
03:53
5.5.3 Interpreting Performance
04:40
5.5.4 Use of Accounts
03:58
Chapter 6 : External influences on business activity
6.1 Economic Issues
6.1.1 Business Cycle
03:50
6.1.2 Government Economic Control
04:12
6.2 Environmental and Ethical Issues
6.2.1 Environment and Ethical Concerns
03:46
6.3 Business and the International Economy
6.3.1 Globalisation
04:51
6.3.2 Multinational Companies (MCNs)
05:51
6.3.3 Exchange Rate Changes
04:11
Week 1: Introduction to Business Activity
0/4
Class 1: Understanding Business Activity
Class 2: Classification of Businesses
Class 3: Enterprise & Entrepreneurship
Class 4: Business Growth & Objectives
Week 2: Forms of Business Organization
0/4
Class 1: Sole Traders & Partnerships
Class 2: Companies & Franchises
Class 3: Public Sector Enterprises
Class 4: Business Stakeholders
Week 3: Human Resource Management
0/4
Class 1: Workforce Planning & Recruitment
Class 2: Selection & Training
Class 3: Motivation at Work
Class 4: Organization & Management
Week 4: Marketing Basics
0/4
Class 1: Purpose of Marketing
Class 2: Market Research
Class 3: Market Segmentation
Class 4: Product & Branding
Week 5: Marketing Mix
0/4
Class 1: Pricing Methods
Class 2: Promotion
Class 3: Place & Distribution
Class 4: Marketing Strategy
Week 6: Operations Management
0/4
Class 1: Production Methods
Class 2: Costs & Break-even Analysis
Class 3: Quality Production
Class 4: Location & Inventory Management
Week 7: Financial Information & Decisions
0/4
Class 1: Business Finance
Class 2: Cash Flow Forecasting
Class 3: Income Statements
Class 4: Statement of Financial Position
Week 8: Financial Analysis
0/4
Class 1: Ratio Analysis
Class 2: Budgeting
Class 3: Economic Issues
Class 4: External Influences
Week 9: International Business
0/4
Class 1: Globalization
Class 2: International Trade
Class 3: Exchange Rates
Class 4: International Marketing
Week 10: Business Strategy & Decision Making
0/4
Class 1: Business Planning
Class 2: SWOT Analysis
Class 3: Decision Making
Class 4: Business Ethics
Week 11: Examination Preparation
0/4
Class 1: Short-Answer Techniques
Class 2: Case Study Techniques
Class 3: Evaluation & Analysis Skills
Class 4: Past Paper Practice
Week 12: Revision & Mock Exams
0/4
Class 1: Full Syllabus Revision
Class 2: Mock Examination
Class 3: Feedback & Improvement
Class 4: Final Revision & Course Wrap-Up
Business Studies : 7142 : IGCSE : LIVE SESSION 📺

1.2 Classification of Business

Here, students learn how businesses are classified into primary, secondary, and tertiary sectors based on their activities. The section also explains the role of these sectors in a country’s economic development and how their relative importance changes over time as economies grow and evolve.

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