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GCSE Business Studies Revision Notes

GCSE Business Studies revision notes provide a quick reference guide, helping you to quickly access important information for each topic. If you’re looking to test your newfound knowledge, you can practise exam questions with our bank of past papers.

Quality 

Factors of Production 

Technology in Production 

Lean Production 

Economies and Diseconomies of Scale 

Promotion 

Place 

Price 

Product 

Market Segmentation 

The Importance of Marketing 

Market Research 

Ratio Analysis 

Statement of Financial Position 

Statement of Comprehensive Income 

Break-Even Analysis 

Costs

Cash Flow Forecast 

Sources of Finance 

Departmental Function 

Organisation Structure and Employee 

Methods of Motivation at Work 

The Importance of Motivation in the Workplace 

Training 

Legal Controls Over Employment 

Recruitment And Selection 

Barriers to Communication in Business

The Importance of Good Communication in Business 

Reasons for Business Failure 

Measuring Success in Business 

External Factors 

Government Objectives and Policies 

International Trade and Exchange Rates

The Importance and Growth of Multinational Companies 

Globalisation

Decisions on Location 

Classification of Businesses 

Appropriateness of Different Forms of Ownership 

Public Corporation 

Limited Companies and Multinationals 

Sole Traders, Partnerships, Social Enterprises and Franchises 

Business Objectives 

What is Business Activity? 

GCSE Business Studies Key Terms

What are methods of promotion?

Explain one benefit of providing induction training for employees (3 marks).

What is the difference between a public limited company and a private limited company?

What is the difference between limited and unlimited liability?

FAQs

Read some of our most frequently asked questions and answers

How can I effectively revise for business case studies in the GCSE Business Studies exam?

Analyze case studies by identifying key issues, stakeholders, and possible solutions. Create detailed notes that summarize each case study and link these to relevant business concepts and theories.

What strategies can I use to understand financial statements and business calculations?

Practice interpreting balance sheets, income statements, and cash flow statements. Calculate financial ratios and use them to evaluate a company's performance. Solve business calculations regularly to reinforce your mathematical skills and understanding of financial concepts.

How can I improve my understanding of marketing and business strategy concepts for the GCSE Business Studies exam?

Studying real-world examples of marketing campaigns and business strategies will help to make sense of these concepts. Create mind maps or diagrams to visualize marketing principles, such as the marketing mix (4Ps). Practice analyzing market research data and identifying marketing opportunities.