O Level Business (7115)
About the Paper
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Preferred Book
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Introduction to the Subject
Why do we need Businesses in an Economy/Country?
Because they are the source of Supply for all Goods & Services in an
Economy. Without these we wont have our needs or wants satisfied.
What is the Main Aim of any Business?
Their main Aim is to earn profits, as more as they can by providing
quality products to customers.
What is Classified as a Business?
A French Fries/Juice Corner, A Meat Shop, A Bakery, A SuperStore, A
travel Agency, Schools & Colleges, Banks, Car Manufacturers, Oil
Drilling Companies, Mining Companies etc, are all Businesses, ranging
from Micro, Small, Medium and Large Sizes.
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Introduction to the Subject
The Syllabus Consists of 6 Sections
and approximately 28 Chapters
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Syllabus Contents
Basic Understanding about Business Activity
1. Their Objectives
2. Owners Qualities
3. Sizes of Business
4. Different Types of Business
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Syllabus Contents
People within Business
1. Who are Workers/Labor
2. Why are they Important for any Business
3. How to Motivate them
4. How Leader’s Role is important
5. Trainings & Selection of Right Workers
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Syllabus Contents
Marketing
1. Importance of Research
2. How a Product is Made, for Whom and What Need will the
Product Satisfy?
3. How to Market the Product to Customers?
4. Pricing of Products?
5. How to Make it Easily Available for all Customers?
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Syllabus Contents
Production Decisions
1. How the Product Should be Made? Which Way of Producing is
the Best?
2. Cost of Production should be as Low as Possible
3. Production should Maintain Product Quality
4. Supplier Relationships
5. Which Location for Producing/Supplying will be Best?
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Syllabus Contents
Financial Matters or Financial Decisions
1. From where to Source the Money needed to start any Business
Activity?
2. How to Manage the Cash?
3. Measuring the Profitability of Business
4. What to do if Business if Short on Cash/Money needed to Run
the Business?
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Syllabus Contents
Impact of Government Decisions, Environment & International
Changes on Business.
1. Government Policies such as Taxes or Changes in Labor Laws etc.
2. Changes in Exchange Rates on Business Activity
3. Environmental Impact on Business such as to Produce lesser and lesser CO2
Emitting Engines in Cars
4. Impact of Global Business Changes
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Thank You !