Podcast
Questions and Answers
Which subjects are covered in Business studies at the General Certificate of Secondary Education (GCSE) level?
Which subjects are covered in Business studies at the General Certificate of Secondary Education (GCSE) level?
- Business Organization, People in Business, Marketing, Operations & Production, Finance, and Strategic Management (correct)
- Computer Science, Physical Education, Modern Languages, Design & Technology
- History, Geography, English Literature, Art, Music
- Accountancy, Biology, Chemistry, Physics, Mathematics
In which countries is Business studies taught under the name 'business studies'?
In which countries is Business studies taught under the name 'business studies'?
- France, Germany, Italy, Spain, Portugal, Greece, Netherlands
- Mauritius, Oman, South Korea, Argentina, Australia, Bangladesh, Nepal (correct)
- China, Japan, Thailand, Vietnam, Philippines, Malaysia, Indonesia
- Russia, Ukraine, Belarus, Kazakhstan, Uzbekistan, Turkmenistan, Tajikistan
What does Business studies combine elements of?
What does Business studies combine elements of?
- Physics, Mathematics, Design & Technology, Music, Modern Languages, Biology
- Accountancy, Finance, Marketing, Organizational Studies, Human Resource Management, and Operations (correct)
- Biology, Chemistry, Physics, Mathematics, Computer Science, Physical Education
- History, Geography, English Literature, Art, Music, Modern Languages
At what levels can Business studies be taken as part of the education system in England?
At what levels can Business studies be taken as part of the education system in England?
What is the teaching of Business studies known as?
What is the teaching of Business studies known as?
What are the two broad categories of small business financing options mentioned in the text?
What are the two broad categories of small business financing options mentioned in the text?
What are the principal advantages of borrowing funds for financing a small business?
What are the principal advantages of borrowing funds for financing a small business?
What decreased in availability in the wake of the financial crisis of 2007–08?
What decreased in availability in the wake of the financial crisis of 2007–08?
What does equity financing involve?
What does equity financing involve?
When referring to an investment in a startup company, what is business financing often called?
When referring to an investment in a startup company, what is business financing often called?
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Study Notes
Business Studies Overview
- Business studies is taught at the General Certificate of Secondary Education (GCSE) level, covering various subjects.
Global Presence
- Business studies is taught under the same name in the UK, Australia, and New Zealand.
Interdisciplinary Nature
- Business studies combines elements of economics, accounting, and management.
Education System in England
- Business studies can be taken at GCSE, A-level, and degree levels as part of the education system in England.
Teaching of Business Studies
- The teaching of business studies is known as business education.
Small Business Financing
- There are two broad categories of small business financing options: debt financing and equity financing.
Debt Financing
- The principal advantages of borrowing funds for financing a small business include the ability to maintain ownership and control, and the potential for tax deductions.
Impact of Financial Crisis
- The availability of debt financing decreased in the wake of the financial crisis of 2007–08.
Equity Financing
- Equity financing involves selling shares or ownership stakes in a business to raise capital.
Startup Financing
- Business financing is often referred to as venture capital when referring to an investment in a startup company.
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