Correlation What is correlation? What does the phrase “correlation does not imply causation” mean? Scatter graphs What are scatter graphs? Examples (1) “We can more ice cream as the temperature rises.” What type of correlation is this? [1] Answer: Positive (2) What type of correlation does the scatter diagram show? [1] Answer: Negative
Linear Graphs Equations of Straight Lines (y = mx + c)Drawing Straight Line GraphsParallel LinesPerpendicular Lines Equations of Straight Lines (y = mx + c) Finding equations of straight lines What is the equation of a straight line? How to find the equation of a straight line from a graph? What if no y-intercept is…
SubTopics Coordinate Geometry-1 3.1 Coordinates3.2 Drawing linear graphs (click to learn)*3.3 Gradient of linear graphs (click to learn)*3.4 Length and midpoint (extended) Co-ordinate Geometry-23.5 Equations of linear graphs (click to learn)*3.6 Parallel lines (click to learn)*3.7 Perpendicular lines (extended) (click to learn)* 3.1 Coordinates 3.1. 2-D coordinates What is the Cartesian plane? What are coordinates? Remember Examples (a) Write down…
Number Sets For the ACT®, be familiar with these number sets and their basic properties. 1. Whole numbers are also known as “counting numbers“: 0, 1, 2, 3, 4, 5, 6, … 2. Integers are positive and negative whole numbers, including zero: …, −3, −2, −1, 0, 1, 2, 3, … 3. Rational numbers are all numbers that…
SECTION 1: UNDERSTANDING BUSINESS ACTIVITY: 1.1: Business Activity 1.2: Classification of Businesses 1.3: Enterprise, Business Growth and Size 1.4: Types of Business Organizations 1.5: Business Objectives and Stakeholder Objectives SECTION 2: PEOPLE IN BUSINESS: 2.1: Motivating Employees 2.2: Organization and Management 2.3: Recruitment, Selection, and Training of Workers 2.4: Internal and External Communication SECTION 3: MARKETING: 3.1: Marketing,…
OBJECTIVES: The aim/target a business works for is called an objective BENEFITS: But what are the most common objectives found in private sector businesses? STAKEHOLDERS: INTERNAL STAKEHOLDERS: EXTERNAL STAKEHOLDERS: Objectives: Objectives: Objective: Objectives: Credit for the images: from “Cambridge IGCSE and O Level Business Studies 5th edition (Karen Borrington Peter Stimpson)”
PRIVATE SECTOR – BUSINESS ORGANIZATION: SOLE TRADERS: PARTNERSHIPS: Agreement between 2 or more people to own, run, and finance a business jointly NOTE: an incorporated business is: PRIVATE LIMITED COMPANY: Shareholders: people that buy shares in the company and appoint directors to run business FRANCHISES: Credits of the table: Cambridge IGCSE and O Level Business…
ENTERPRISE: An entrepreneur is a person who organizes and operates a business. But what makes an entrepreneur successful? Being: BUSINESS PLAN: ADVANTAGES: But what does the plan contain? Provides a brief history and objectives of the business GOVERNMENT SUPPORT: WHY DO THEY SUPPORT BUSINESSES? HOW DOES THE GOVERNMENT HELP? BUSINESS SIZE: BUSINESS GROWTH: WHY GROW?…
CLASSIFICATION: PRIMARY: SECONDARY: TERTIARY: *Overall example: extracting wood (primary) —-> furniture makers make a sofa (secondary) —-> retailers sell sofa (tertiary) PRIMARY —-> SECONDARY —-> TERTIARY = CHAIN OF PRODUCTION —-> Results: country X focuses more on extracting oil than making manufactured goods, so it is known as a developing country. On the other hand, country…
Businesses provide us (the customers) with goods and services that meet our needs and wants. GOODS AND SERVICES: Goods are considered products that a person can PHYSICALLY TOUCH such as cars, water, food, etc. On the other hand, a service is something intangible (you cannot touch) yet still maintains its value such as car insurance, knowledge,…