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Updated: May 20, 2021

Syllabus Overview

The focus is the functional area of production and includes the meaning and methods of production and how productivity can be increased. The different costs of production and break-even analysis are covered. The section concludes with the importance and methods of achieving quality in the production process and location decisions of businesses. 

Production of goods and services

What is production

What are the methods of production

How has technology change production methods

Costs, scale of production and break-even analysis

What are cost

What is economies and diseconomies of scale

Achieving quality production

How to ensure quality in production?

Location decisions

Where should you locate your business?

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Syllabus Cambridge IGCSE™ Business Studies 0450 by CAIE

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