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IGCSE Business Studies (450):
UNIT 1 -  Understanding business activity

This section introduces the underlying ideas and concepts of business and includes the purpose and nature of
business activity and how businesses can be classified. Enterprise and entrepreneurs, and why some businesses
grow while others remain small are further important issues. How business size can be measured, types of
business organisation, business objectives and stakeholder objectives are the concluding topics.

1.1 - Business activity

1.2 - Classification of Businesses

1.3 - Enterprise, business growth and size

1.4 - Types of Business Organisation

1.5 - Business and stakeholder objectives

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