Cambridge Preliminary Business Studies

Contents
About the authors
Acknowledgements
How to use this resource
TOPIC 1 
Nature of business
	Chapter 1: Role of business
		1.1 The nature of a business
		1.2 Producing goods and services
		1.3 Economic and social roles of business
		End-of-chapter tasks
	Chapter 2: Types of businesses
		2.1 Classification of business
		2.2 Factors influencing choice of legal structure
		End-of-chapter tasks
	Chapter 3: Influences in the business environment
		3.1 Introduction
		3.2 External influences
		3.3 Internal influences
		3.4 Stakeholders
		End-of-chapter tasks
	Chapter 4: Business growth and
decline
		4.1 The business life cycle
		4.2 The stages of the business life cycle
		4.3 Responding to challenges at each stage of the business life cycle
		4.4 Factors that can contribute to business decline
		4.5 Voluntary and involuntary cessation
		End-of-chapter tasks
TOPIC 2 
Business management
	Chapter 5: Nature of management
		5.1 Introduction
		5.2 The importance of effective management
		5.3 Features of effective management
		5.4 Skills of management
		5.5 Achieving business goals
		End-of-chapter tasks
	Chapter 6: Management approaches
		6.1 Introduction
		6.2 Classical approach
		6.3 Behavioural approach
		6.4 Contingency approach
		6.5 Strengths and weaknesses of the approaches
		End-of-chapter tasks
	Chapter 7: Management process
		7.1 Introduction
		7.2 Coordinating key business functions and resources
		7.3 Operations
		7.4 Marketing
		7.5 Finance
		7.6 Human resources
		7.7 Ethical business behaviour
		End-of-chapter tasks
	Chapter 8: Management and change
		8.1 Introduction
		8.2 Responding to internal and external influences
		8.3 Managing change effectively
		End-of-chapter tasks
TOPIC 3 
Business planning
	Chapter 9: Small to medium enterprises
		9.1 Introduction
		9.2 Definition
		9.3 Role
		9.4 Economic contribution
		9.5 Success and/or failure
		End-of-chapter tasks
	Chapter 10: Influences in establishing a small to medium enterprise
		10.1 Personal qualities
		10.2 Sources of information
		10.3 The business idea
		10.4 Establishment options
		10.5 Market influences
		10.6 Finance
		10.7 Legal
		10.8 Human resources
		10.9 Taxation
		End-of-chapter tasks
	Chapter 11: The business planning
process
		11.1 Introduction
		11.2 Sources of planning ideas
		11.3 Vision, goals and/or objectives
		11.4 Organising resources
		11.5 Forecasting
		11.6 Monitoring and evaluations
		11.7 Taking corrective action
		End-of-chapter tasks
	Chapter 12: Critical issues in business success and failure
		12.1 Introduction
		12.2 The importance of a business plan
		12.3 Management
		12.4 Trend analysis
		12.5 Identifying and sustaining competitive advantage
		12.6 Avoiding over-extension of finance and other resources
		12.7 Using technology
		12.8 Economic conditions
		12.9 Strategies for success in business
		End-of-chapter tasks
	Chapter 13: The business plan using business report format
		13.1 How the business plan is determined
		13.2 Business report format
		13.3 Main title or heading
		13.4 Executive summary
		13.5 Business description
		13.6 Situational analysis
		13.7 Organisation and management
		13.8 Strategies
		End-of-chapter tasks
Solutions to end-of-chapter multiple-choice questions
Glossary
Index