All of IGCSE Business Studies in 12 minutes (summary)

Todays video is a summary of the entire IGCSE Business Studies 0450 covering all 6 chapters you need to know.
NOTE: This video is for summary purposes only kindly don't fully rely on it!

IGCSE Business Studies detailed notes:

Business Studies summary notes used in todays video:

Thanks for watching!

[sahasracorp.productions]

extra:

FORMULAS:
r = p x q
GP = r - cos
NP - GP - overheads
capital employed = total assets - cl
Working capital = ca - cl
current ratio = ca/cl (quick ratio)
(1.5 - 2 is ideal.)
acid test = ca - inventory/cl
ROCE = 100 x NP/CE
BEO = fixed price/ sp-vc
mos = output - BEO
output/input = productivity
output/no of workers
avg price = TR/output
profit = TR-TC
profit margin
NP/TR x 100

ORGANISATIONAL STRUCTURE:
WIDE SPAN OF CONTROL
- faster communication
- Fewer supervisors
- Encouraging delegation
HOWEVER,
- less control
- Workers may not have the skill
- communication with more delegates

NARROW SPAN OF CONTROL:
- fewer employees to supervise
- opportunity for promotions
HOWEVER,
- employees are disconnected from higher officials
- Slow communication

SHORT or LONG chain of command

SHORT:
- quick communication
- Easier to delegate tasks
- Workers are more motivated
- Less managers are needed
- BUT,
- limited promotions
- increased workload for managers
- Increased span of control

LONG:
- Clear hierarchy
- Allows specialisation
- BUT
- delayed decision making
- Communication breakdown
- Reduce autonomy

[rxdiogoblin]

PERFECT TIMING I HAVE BUSINESS EXAMS TOMORROW

[lynnisleen]

BUSINESS BOARD EXAM IN LESS THAN 24 HOURS

[doom-zk]

BRO THIS CAME OUT JUST AFTER MY FINAL MOCKS. at least I can use for my boards- Thanks

[lvstfv]

About to have my business studies paper 1, thaks a lot

[shriyamandavkar]

Thanks for finally posting this! I watched this like 40 minutes before my paper! Thanks!

[dxmn]

Finna enter the mocks examination hall with 100% general knowledge and this.

[thunder_]

plz make videos like these for accounting and additional maths

[deadshotplays_mc]

thanks u so much i have my paper tommo

[DioHawthorne]

thank you so much for this. please do one for mathamatics core and accounting.

[shrehere]

Can you do Biology (quickly too if possible!!)

[ZainSiddiqui-oj]

Plz upload more business vids and cover all the sections

[-rf]

Hello do you do online classes for cambridge lower secondary checkpoint classes

[anonymousgirluser]

PLS UPLOAD GUESS PAPER FOR 2025 MAY JUNE

[NandiniRaibole]

why quality is important foR that Q , ,maintaining good reputation lend to establishment of business RIGHT ?, if yes then why is it written as two different pointer