Page 404 - Cambridge IGCSE Business Studies

IGCSE Business Studies Student CD-ROM

3 Enterprise, business growth and size

Characteristics of entrepreneurs

Skills of an
entrepreneur

Strong
Good at
Innovative Self-motivated Self-confident Multi-skilled leadership Results driven Risk-taker networking
qualities

Contents of a business plan

Contents of a
business plan

Financial
Outline of Details of business Objectives of the forecasts – sales,
business proposal opportunity Potential market business revenue, profit and
cash-flow forecasts

Measuring business size

Measuring
business size

Capital Number of Value of Market share
employed employees output

Ways businesses grow

Forms of business
growth

External
Internal growth
growth

Horizontal Vertical Conglomerate
integration integration integration

Backward vertical Forward vertical
integration integration

© Cambridge University Press 2014 IGCSE Business Studies Section 1 – Mind maps 3