EIP Mathayom Course Description

First Semester

Subject: Business
Studies Department: Math
Grade: Mathayom 4 Course Code: MA30261
Periods: 4 Credit: 2

Course Description:

This course is intended to introduce students to the purpose and nature of business activity. We
will discuss the factors that influence business decisions and behaviors and provide a basic
framework around business development and implementation. This course also provides a look
at the means for integrating business activities as a whole. As change is the only constant, this
course will look at how new enterprises are created in response to economic, cultural and/or
technological changes and how existing businesses must adapt if they are to survive and grow.

Course Objectives:

1. Examine the nature of business activity in terms of what businesses do and what is their
purpose.
2. Identify the role of entrepreneurs and why they are important to the economy.
3. Outline social enterprises and how they benefit society.
4. Recognize the different economic sectors (primary, secondary, tertiary, private and
public).
5. Discuss the advantages and disadvantages of legal structures for companies and sole
traders.
6. Identify how to measure the size of a business.
7. Describe the nature and significance of business objectives in the private and public
sectors.
8. Relate the significance of small and family-run businesses to the economy.
9. Define the decision making process and its influences on business objectives.
10. Identify different groups affected by business behavior and the relationship between these
groups.
 EIP Mathayom Course Description
First Semester

Cambridge International AS and A Level

Business Studies

Chapter 1: Enterprise
1.1 The nature of business activity
1.2 The role of an entrepreneur
1.3 Social enterprise

Chapter 2: Business structure

2.1 Economic sectors
2.2 Legal structures

Chapter 3: Business size

3.1 Measuring the size of a business
3.2 Small businesses

Chapter 4: Business objectives

4.1 Business objectives
4.2 The role of objectives in the stages of business decision-making

Chapter 5: Stakeholders in a business

5.1 Stakeholder groups
5.2 The importance and influence of stakeholders

Chapter 19: Business structure and size

19.1 Local, national and multinational businesses
19.2 International trading links
19.3 Governments and businesses
19.4 Business growth

Chapter 20: The economic environment

20.1 The governments economic objectives
20.2 Economic growth and the business cycle
20.3 Inflation
20.4 Unemployment
20.5 Exchange rates
20.6 Redistributing income and wealth
20.7 The governments economic policies
20.8 Market failure
20.9 Conclusion

Chapter 21: Other external influences on business activity

21.1 Introduction
21.2 Political and legal factors
21.3 Consumer protection legislation
21.4 Technological change
21.5 Competitors and suppliers
21.6 Social Factors

Grade breakdown:

Chapter 1-2 quiz 5%

Chapter 3-5 quiz 10%
Chapter 19 quiz 5%
Chapter 20-21 quiz 10%

Project work 10%

Homework 15%
Participation 5%

Midterm exam 20%

Final exam 20%