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Business Studies IGCSEPDF 32
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1.3. Enterprise, business growth and size continued
1.3.2 The methods and problems of measuring
business size:
1.3.3 Why some businesses grow and others
remain small:
1.3.4 Why some (new or established) businesses
fail:
14 Types of business organisation
1.4.1 The main features of different forms of
Methods of measuring business size, e.g.
number of people employed, value of output,
Capital employed (profit is not a method of
measuring business size)
Limitations of methods of measuring business
size
Why the owners of a business may want to
expand the business
Different ways in which businesses can grow,
e.g. internal/external
Problems linked to business growth and how
these might be overcome
Why some businesses remain small
Causes of business failure, e.g. lack of
management skills, changes in the business
environment, liquidity problems
Why new businesses are at a greater risk of
falling
Sole traders, partnerships, private and public
limited companies, franchises and joint
ventures
Differences between unincorporated
businesses and limited companies
Concepts of risk, ownership and limited liability
Recommend and justify a suitable form of
business organisation to owners/management
in a given situation
Business organisations in the public sector,
@.g. public corporations