Karen Borrington - Cambridge IGCSE and O Level Business Studies

This resource is endorsed by Cambridge Assessment International Education

Supports the full Cambridge IGCSE and O Level Business Studies syllabuses (0450/7115/0986) for examination from 2020

Has passed Cambridge Internationals rigorous quality-assurance process

Developed by subject experts

For Cambridge schools worldwide

The Student eTextbook version of this book contains interactive quizzes. Note that these quizzes are not exam-style questions.

All exam-style questions and sample answers in this title were written by the author(s). In examinations, the way marks are awarded may be different.

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IGCSE is a registered trademark

Karen Borrington and Peter Stimpson 2018

First published in 1999 by

Hodder Education

An Hachette UK Company

Carmelite House, 50 Victoria Embankment, London EC4Y 0DZ

Second edition published 2002

Third edition published 2006

Fourth edition published 2013

This fifth edition published 2018

All rights reserved. Apart from any use permitted under UK copyright law, no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying and recording, or held within any information storage and retrieval system, without permission in writing from the publisher or under licence from the Copyright Licensing Agency Limited. Further details of such licences (for reprographic reproduction) may be obtained from the Copyright Licensing Agency Limited, www.cla.co.uk.

Cover photo Shutterstock/Lesia_G

Third edition typeset in ITC Officina Sans 11.5/13 pts. by Aptara Inc.

Illustrations by Oxford Designers and Illustrators Ltd and Aptara Inc.

Printed and bound in Slovenia

A catalogue record for this title is available from the British Library

ISBN 978 1 5104 2123 3
eISBN 978 1 5104 2009 0

This book has been written for all students of Cambridge IGCSE and O Level Business Studies. It carefully and precisely follows the syllabus from Cambridge Assessment International Education. It provides the detail and guidance that are needed to support you throughout the course and help you to prepare for your examinations. It will also prove to be of great use to anyone who wants to learn more about the key concepts of business.

This book will prove to be valuable to students of Business Studies whether you are:

Building on the successful formula of the previous four editions, this fifth edition updates all existing chapters including removing material which is no longer in the syllabus and adds new subject material with additional chapters and new features.

To make your study of Business Studies as rewarding and successful as possible, this Cambridge International endorsed textbook offers the following important features:

Each chapter starts with an outline of the subject material to be covered and ends with a checklist to confirm what you should have learned and understood.

The content is in the same order as the syllabus: chapter titles and chapter section headings match those of the Cambridge IGCSE and O Level Business Studies syllabuses.

The subject material is written in an informative yet lively way that allows for complete understanding of each topic to be gained.

You should be able to perform to the best of your ability if you:

You can also help yourself greatly if you take the following steps.

For Cambridge IGCSE and O Level Business Studies the examination papers are:

Make sure you check the instructions on the question paper, the length of the paper and the number of questions you have to answer. In the case of Cambridge IGCSE and O Level Business Studies examinations you will have to answer every question as there will be no choice.

Allocate your time sensibly between each question. Every year, good students let themselves down by spending too long on some questions and too little time (or no time at all) on others. You will be expected to spend longer writing an answer to a question worth 12 marks than you would when writing an answer worth 8 marks.