IGCSE Business Studies – Chapter 1: Business Activity, Specialisation & Added Value
This is Chapter 1 of a 5-chapter IGCSE Business Studies series, covering the fundamentals of business activity. It explains: The difference between wants and needs Why scarcity of resources leads to choices and opportunity cost The importance of specialisation The purpose and nature of business activity How businesses can increase added value The notes are clearly structured, include diagrams to aid understanding, and feature a short test to help students check their knowledge. Designed to help students revise efficiently and prepare confidently for exams.
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- Igcse business studies 0450
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- 13 november 2025
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- 2025/2026
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