Archive for the tag: Studies

Decoding How to Get an A* in Business Studies (7115)

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📌Decoding How to Get an A* in Business Studies
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IGCSE Business Studies _Chapter 1 "Business Activity "

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This chapter covers the following points.

The purpose and nature of business activity:
• Concepts of needs, wants, scarcity and opportunity cost
• Importance of specialization
• Purpose of business activity
• The concept of adding value and how added value can be increased
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