Igcse business exam - Study guides, Class notes & Summaries

IGCSE Business Studies 0450 Exam Questions and Answers (Latest Update 2024)

EDEXCEL- IGCSE Business Studies EXAM 2024/2025 UPDATED WITH CORRECT ANSWERS Quality assurance - CORRECT ANSWER A method of working for businesses that takes into account customers' wants when standardising quality. It often involves guaranteeing that quality standards are met. Quality control - CORRECT ANSWER Making sure that the quality of a product meets specified quality standards. Quota - CORRECT ANSWER A physical limit on the quantity of imports allowed into a country. Rati...

IGCSE Business Final Exam Questions & Answers 2024. CHAPTER 1 - BUSINESS ACTIVITY - CORRECT ANSWER Business - CORRECT ANSWER An organisation which produces goods and services. Need - CORRECT ANSWER A need is a good or service essential for living. Want - CORRECT ANSWER A want is a good or service which people would like to have, but which is not essential for living. People's wants are unlimited. Economic problem - CORRECT ANSWER There exist unlimited wants but limited resourc...

Business Studies – IGCSE Complete Exam Questions & Answers 2024. Needs - CORRECT ANSWER We cannot live without these. Wants - CORRECT ANSWER They benefit us but are not necessary to live. Scarcity - CORRECT ANSWER Lack of sufficient resources. Needs (example) - CORRECT ANSWER Water, food, housing. Wants (example) - CORRECT ANSWER Soft drinks, chocolate, furniture. Opportunity Cost - CORRECT ANSWER The next best alternative. Factors of Production - CORRECT ANSWER Resource...

IGCSE Business Studies - Marketing Exam Latest Update...

IGCSE Travel and Tourism Unit 1 Exam Questions With Revised Answers What is tourism? - answerthe temporary movement of people to destinations outside their normal places of work and residence and the activities during their stay in those destinations What is the Travel and Tourism industry? - answerthe mix of businesses and agencies who work together to serve the needs of people who travel What are the sub-sectors of the T&T industry? - answerTransportation Attractions Accommodation pro...

You may wish to use it to supplement your understanding of the different topics as you work through each chapter of the textbook, or you may prefer to use it to reinforce your skills in dealing with particular topics as you prepare for the examination. The Workbook is intended to be sufficiently flexible to suit whatever you feel is the best approach for your needs.

©THEBRIGHTSTARS 2024 iGCSE Travel & Tourism Paper 1 Exam Questions With Revised Answers Leisure Tourists - answerTourists that visit for pleasure in their free time and engage in leisure-related activities, paid with their own economic resources. As they are on HOLIDAY. Leisure Tourists Examples - answerDay trippers, Holiday takers, Short break & overnight visitors. Business Tourists - answerHigh spending tourists that travel for attendance at conferences, sales trip & trade shows. Th...

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Are you preparing for your IGCSE Business exam and looking for a reliable study resource? Look no further! These detailed study notes cover all the essential topics from Chapters 1 to 18, in Sections 1-4: - Understanding Business Activity - People in Business - Marketing - Operations Management With 46 pages of thorough and concise information, these notes provide everything you need to know to excel in your exam. Key concepts, definitions, and explanations are all carefully organized...