2011 Syllabus

Syllabus
Cambridge IGCSE Enterprise

Syllabus code 0454
Pilot syllabus for examination in June and
November 2011
Centres wishing to take part in the Pilot scheme are invited

to apply to CIE, quoting Syllabus 0454 as their reference.
[email protected]
Note for Exams Officers: Before making Final Entries, please check availability of the codes for the
components and options in the E3 booklet (titled “Procedures for the Submission of Entries”) relevant to the
exam session. Please note that component and option codes are subject to change.
Contents

Syllabus code 0454
1. Introduction ..................................................................................... 2
1.1 Why choose Cambridge?
1.2 Why choose Cambridge IGCSE Enterprise?
1.3 Cambridge International Certificate of Education (ICE)
1.4 How can I find out more?
2. Assessment at a glance .................................................................. 5
3. Syllabus aims and assessment ....................................................... 6

3.1 Aims
3.2 Assessment objectives
3.3 Weightings
3.4 Exam combinations
4. Curriculum content .......................................................................... 8
5. Coursework: activities and assessment criteria ............................ 21
6. Resource list .................................................................................. 28
Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

© UCLES 2009
1. Introduction
1.1 Why choose Cambridge?

University of Cambridge International Examinations (CIE) is the world’s largest provider of international
qualifications. Around 1.5 million students from 150 countries enter Cambridge examinations every year.
What makes educators around the world choose Cambridge?
Recognition
Cambridge IGCSE is internationally recognised by schools, universities and employers as equivalent to UK
GCSE. Cambridge IGCSE is excellent preparation for A/AS Level, the Advanced International Certificate of
Education (AICE), US Advanced Placement Programme and the International Baccalaureate (IB) Diploma.
Learn more at www.cie.org.uk/recognition.
Support
CIE provides a world-class support service for teachers in pilot schools. We offer a range of teacher
materials to Centres, plus online support. CIE will liaise with pilot schools regularly during that time.
Teachers will have guidance and support from CIE, plus support from teachers in other schools piloting
Cambridge IGCSE Enterprise. Exams officers can trust in reliable, efficient administration of exams entry
and excellent, personal support from CIE Customer Services. Learn more at www.cie.org.uk/teachers.
Excellence in education
Cambridge qualifications develop successful students. They not only build understanding and knowledge
required for progression, but also learning and thinking skills that help students become independent
learners and equip them for life.
Not-for-profit, part of the University of Cambridge

CIE is part of Cambridge Assessment, a not-for-profit organisation and part of the University of Cambridge.
The needs of teachers and learners are at the core of what we do. CIE invests constantly in improving its
qualifications and services. We draw upon education research in developing our qualifications.
2
1. Introduction
1.2 Why choose Cambridge IGCSE Enterprise?

Cambridge IGCSE Enterprise encourages candidates to develop their understanding and the practical
skills associated with the work environment and the running of a small enterprise. The syllabus provides
the knowledge associated with running a small enterprise, and an opportunity for candidates to apply this
knowledge in a practical and engaging way when running their own enterprise project or activity.
We encourage candidates to study enterprise in a local as well as a global context, while enhancing their
skills of investigation, analysis, interpretation, evaluation and practical problem solving.
Cambridge IGCSE candidates should have opportunities to meet with and talk to a range of people involved
in enterprise. This might include:
• people who have set up and run their own enterprise
• people involved in supporting enterprises, e.g. financiers, local business organisations, government
organisations
• people who have shown enterprising skills, e.g. innovators, inventors, marketing people etc.
Cambridge IGCSE Enterprise is a pilot syllabus for first examination in 2011. Any Centre wishing to offer the
qualification must apply to become a Pilot Centre. If you join the pilot group, your school will teach a group
of candidates the Cambridge IGCSE Enterprise curriculum from September 2009 or January 2010, towards
the examination in June or November 2011.
A pilot qualification is, by definition, a work in progress. It is also a collaborative project, allowing teachers to
refine the syllabus and its support materials for the benefit of teachers and students who start Cambridge
IGCSE Enterprise in the future.
3
1. Introduction
1.3 Cambridge International Certificate of Education

(ICE)
Cambridge ICE is the group award of the International General Certificate of Secondary Education (IGCSE).
It requires the study of subjects drawn from the five different IGCSE subject groups. It gives schools the
opportunity to benefit from offering a broad and balanced curriculum by recognising the achievements of
students who pass examinations in at least seven subjects, including two languages, and one subject from
each of the other subject groups.
The Cambridge portfolio of IGCSE qualifications provides a solid foundation for higher level courses such
as GCE A and AS Levels and the International Baccalaureate Diploma as well as excellent preparation for
employment.
A wide range of IGCSE subjects is available and these are grouped into five curriculum areas. Enterprise
(0454) falls into Group V, Creative, Technical and Vocational.
Learn more about ICE at www.cie.org.uk/qualifications/academic/middlesec/ice.
1.4 How can I find out more?

If you are already a Cambridge Centre
You can apply to register as a Pilot Centre by emailing us at [email protected].
4
2. Assessment at a glance

Syllabus code 0454
Paper 1 (1½ hours, 100 marks)
This paper is based upon a pre-seen case study. Candidates are required to apply their knowledge of
enterprise and entrepreneurship to comment on enterprise issues, and to solve enterprise problems
in the context of the case study, organisations they have studied and their own enterprise.
The paper will consist of two sections:

Section A – short answer questions and structured response questions
Section B – longer, more open-ended questions
Weighting 50% of total marks
Paper 2 (Coursework – Centre-based assessment, 60 marks)
Coursework activities. Candidates will run their own enterprise activity or project, and produce a
portfolio of evidence using a variety of communication methods.
Weighting 50% of total marks
The syllabus is available in the June and November sessions.
5
3. Syllabus aims and assessment
3.1 Aims
A course based on this syllabus should encourage candidates to:
• Make effective use of relevant terms, concepts and methods when discussing enterprise and
enterprising behaviour.
• Develop an understanding of what it means to be enterprising, and the skills that requires.
• Develop the ability to work in an enterprising and independent manner.
• Develop and apply knowledge, understanding and skills to contemporary enterprising issues, in a range
of local, national and global contexts.
• Appreciate the role and perspectives of a range of other people and organisations involved in enterprise,
and the importance of ethical considerations.
• Investigate the world of work and entrepreneurial organisations.
• Develop the ability to communicate effectively, in a variety of situations, using a range of appropriate
techniques.
3.2 Assessment objectives

AO1 Develop knowledge and understanding
Demonstrate knowledge and understanding of the concepts, skills and terminology relating to enterprise.
AO2 Apply the skills of enterprise

Skilfully apply knowledge and critical understanding to familiar and unfamiliar enterprise problems and
issues. Develop communication materials appropriate for the intended audience and purpose.
AO3 Solve enterprise problems

Evaluate, analyse, explain and interpret information, in order to make judgements and conclusions relating to
enterprise problems and situations.
6
3. Syllabus aims and assessment
3.3 Weightings
Weighting Examination Coursework Total
AO1 weighting 20% 5% 25%
Paper weighting 50% 50% 100%
3.4 Exam combinations

Candidates can combine this syllabus in an exam session with any other CIE syllabus, except:
• syllabuses with the same title at the same level
Please note that IGCSE, Cambridge International Level 1/Level 2 Certificates and O level syllabuses are at
the same level.
7
4. Curriculum content
Topic 1: Introduction to enterprise

1 Understand what is meant by enterprise
(a) An introduction, including an understanding that being enterprising underpins the whole course.
(b) Enterprise involves making decisions and taking risks.
2 Know ways of being enterprising at school and home

(a) Enterprise in school:
○ IT
○ designing
○ art
○ film
○ music
○ drama
○ sport
(b) Enterprise at home:
○ organising a household job
○ taking responsibility for younger children
○ taking responsibility for pets
○ earning money for the family
○ organising yourself
(c) Candidates should understand and be able to analyse how the following are linked to being
enterprising at school and at home:
○ using literacy, communication and numeracy skills
○ using technology for learning
○ thinking creatively and independently
○ learning independently and as part of a group
○ making reasoned evaluations
○ linking and applying different kinds of learning in new situations
○ communicating in different ways and in different settings
○ working in partnership and in teams
○ taking the initiative and lead
○ applying critical thinking in new contexts
○ creating and developing
○ solving problems
8
3 Investigate enterprise in history: learning from the past

Students should study examples of individuals from the past who have demonstrated enterprise skills.
Where possible, candidates should study individuals from their own country: Ghandi (India – politician);
Kamel Ataturk (Turkey – moderniser); Andrew Carnegie (USA – industrialist/philanthropist); William Morris
(UK – designer); Babatunde Olatunji (Nigeria – musician); Rona Jaffe (Sri Lanka – novelist); Cao Yu (China
– dramatist).
Topic 2: Setting up a new enterprise

1 Be able to describe, compare and contrast different types of business organisation
Candidates should understand what is meant by the following, and be able to explain the similarities and
differences between them:
○ sole trader
○ partnership
○ limited company
○ co-operative
○ franchise
○ social enterprise: charities, not-for-profit organisations
The focus must be on the advantages and disadvantages of these types for a new enterprise.
2 Explain the purpose of a business

Candidates should be able to:
(a) Explain that an enterprise exists to meet the needs and wants of customers, clients and members.
(b) Explain the rewards and challenges facing an enterprise.
9
Topic 3: The skills needed to run an enterprise

1 Identify and explain entrepreneurial skills
Candidates should be able to identify and explain the skills needed to be entrepreneurial:
○ leadership
○ self confidence
○ motivation
○ innovation
○ team building
○ determination to succeed
○ creativity
○ problem solving
○ resourcefulness
○ taking initiative
○ taking calculated risks
○ taking responsibility
○ perseverance
2 Analyse the behaviour of entrepreneurs

Candidates should be able to analyse people in the local community, or the whole of society, who have
made great things happen for themselves or others.
Topic 4: Business opportunities and risk

1 Understand how opportunities for enterprise arise
Candidates should understand that opportunities for enterprise arise in many different ways, including:
○ identifying the need or demand for a product or service
○ identifying the ability to meet the demand
○ taking advantage of new technology and R&D
○ recognising areas for expansion
○ taking advantage of changes in taste and fashion
○ carrying out advertising
○ taking advantage of changes in the size and structure of population
○ taking advantage of changes in real income
○ taking advantage of the opportunities offered by globalisation
○ taking advantage of government policies
10
2 Explain the reasons why enterprises and entrepreneurs take and accept risk, and how risk can be
dealt with
Risk involves assessing the likelihood and magnitude of impact, determining a response strategy, and
monitoring progress.
(a) Candidates should understand that dealing with risk involves first identifying the risks and then
choosing which risks to deal with.
Candidates need to understand that it is often not possible to deal with all potential risks, so it is
important to identify those which can be dealt with and are worth dealing with. They could consider the
risks of travelling to school, going to a football match, or staying in bed.

(b) Use PESTEL analysis as a means of identifying risks.
(c) Identify and understand why some people are risk optimisers, others are risk reducers, and others
are risk avoiders.
3 Understand the existence of legal risks in areas such as employment, production, marketing and selling
In setting up an enterprise there are always legal issues which may bring risk. In all cases, candidates
should consider the situation in their economy. They should be aware, not of the law, but of a range of
ways in which clients, consumers, employees and employers are protected and affected by the law in
the following areas:
○ employment
○ production
○ marketing
○ selling
11
Topic 5: Negotiation
1 Understand and explain what is meant by negotiation
Negotiation is an interaction of influences, including:
○ the process of resolving disputes
○ agreeing upon courses of action
○ bargaining for individual or collective advantage
○ reaching outcomes to satisfy the interests of those involved
Candidates should:
(a) Understand that all of us are negotiating almost all of the time, with business partners, clients,
colleagues, family, friends, suppliers or trade unions, and that our success depends entirely on our
understanding of the negotiation process.
(b) Be aware that, in many enterprising situations, it is important to take into account the views and
interests of stakeholders not directly involved in the negotiations.
2 Understand and explain the importance of developing the skills needed for successful negotiation
Emphasise the idea of reaching a satisfactory outcome for all parties. In negotiating, we bargain what
we want from somebody else for what they want from us. The best way of being able to do this is to
know what we want, and what we are prepared to give to get it. It sounds simple, but most people
enter negotiations without planning their desired outcomes, believing, sometimes incorrectly, that the
strongest side will succeed.
Candidates should:
(a) Be able to explain the importance of achieving a satisfactory outcome for all parties.
(b) Understand the need to establish a collaborative approach to ensure trust, rapport and long term
gains.
12
3 Be able to plan for negotiation

Candidates need to understand the importance of deciding the following when planning to negotiate:
○ Am I clear in my mind what it is that I am trying to achieve?
○ Have I sorted out the information that I will use in discussion (because it will stand up to counter-
argument) from the information which I can’t use (because it won’t)?
○ Have I written down the strengths and weaknesses of my position?
○ Have I considered what I am going to say when others talk about these weaknesses and put
forward their own case?
○ Have I listed the benefits to them of accepting my proposal?
○ Equally, have I listed any unpleasant consequences for them of accepting it?
○ How am I going to counter their objections?
○ Have I listed the consequences for both sides if my proposal is not accepted?
○ Have I thought about not only what I am going to say, but also how I am going to say it?
○ Have I considered with whom I am going to negotiate?
○ Have I chosen an appropriate negotiating style and strategy?
○ Are my objectives SMART?
4 Analyse the process of negotiation

Candidates need to be able to analyse the significance of each of the following in the negotiating
process:
○ preparation
○ establishing the negotiating environment
○ exploring needs
○ testing understanding and summarising
○ negotiating your position
○ reaching agreement
13
Topic 6: Understanding finance

1 Know the differences between investment and saving, including in the local context
Candidates should know that:
(a) Investment is expenditure on capital goods, including buildings, equipment, machinery and tools,
new shares, etc.
(b) Saving is money which is not spent, including bank accounts, keeping money in the house,
government bonds, etc.
(c) There is a range of different investment and savings products relating to their own country.
2 Evaluate and choose sources of finance appropriate for different types of enterprise
Candidates should be able to explain and evaluate the different sources of finance, and their
appropriateness to a new or expanding enterprise:
○ banks and other financial institutions, including loans, overdrafts, mortgages
○ community sources, including charities and social enterprises
○ family and friends
○ government grants and subsidies
○ personal savings
○ profits for reinvestment
○ private institutions, e.g. venture capital trusts
○ shares in limited companies
3 Be aware of sources of credit, and evaluate the provision of credit in different situations
Candidates should:
(a) Be able to define the terms credit, creditors, debt and debtors.
(b) Understand that businesses often offer purchasers a 30, 60 or 90 day payment.
(c) Be able to analyse and evaluate the advantages and disadvantages, to both creditors and debtors, of
providing such credit.
4 Understand the reasons for producing budgets

Candidates should:
(a) Understand the concept of a simple budget, including these terms: income, revenue, expenditure,
spending, direct cost, variable cost, indirect costs, overheads, fixed costs, profit, surplus, loss and
deficit.
(b) Be familiar with examples of budgets of larger enterprises.
(c) Be able to explain the importance of budgeting, to both individuals and enterprises.
14
5 Be able to explain and compare the concepts of cash flow with profit and loss and be able to produce a
cash flow budget and profit and loss account for a new enterprise
(a) Understand what is meant by cash flow, and profit and loss.
(b) Explain and compare cash flow with profit and loss.
(c) Be able to explain why a ‘profitable’ business may go bankrupt because of negative cash flow.
Cash Flow
Candidates should:
(d) Be able to draw up a cash flow budget for a new enterprise.
(e) Be able to explain why an enterprise would draw up a cash flow budget.
(f) Understand the significance of a having a cash flow deficit or surplus.
Profit and Loss

Candidates should:
(g) Be able to draw up a Profit and Loss account for a new enterprise.
(h) Be able to explain why an enterprise would draw up a Profit and Loss account.
(i) Understand the significance of making a profit or a loss.
6 Explain the importance of keeping accurate financial records

Candidates should be able to explain why it is important for an enterprise to keep and maintain accurate
financial records.
15
Topic 7: Business planning

1 Understand and explain business objectives
Candidates should:
(a) Understand that enterprises may have a range of business objectives including:
○ profit
○ growth
○ survival
○ sales revenue
○ satisficing
○ environmental
○ ethical
(b) Be able to explain how different business objectives can affect how an enterprise behaves.
2 Understand the content and purpose of a business plan and evaluate the need for an entrepreneur to
produce one
Candidates should:
(a) Know what is meant by a business plan, what is included in one, and why an enterprise would draw
one up.
(b) Be able to analyse and evaluate the importance of a business plan in the start up of an enterprise.
(c) Be able to explain why it is often necessary for an enterprise to update its business plan.
16
3 Understand the concept of time periods when planning, and the need to plan regularly
To remain successful, it is vital that an enterprise regularly sets aside time to ask the following key
strategic questions:
○ Where has the business come from?
○ Where is the business now?
○ Where is it going?
○ How is it going to get there?
○ How long will it take?
Candidates should:
(a) Be able to analyse the importance of these key strategic questions.
(b) Understand that there are different time periods in planning: short term, medium term and long
term.
Often, business owners are able to decide what they want to achieve but don't draw up a plan of action.
If this happens, their business will lack direction.
4 Understand and explain why laws and regulations affecting enterprise start-up are needed
Candidates should understand the reasons why governments set laws and regulations affecting the
start-up and operation of an enterprise. Details of laws and regulations are not required.
Topic 8: Markets and customers

1 Understand the purpose and benefits of marketing
Candidates should:
(a) Understand the purpose and benefits of marketing for an enterprise, including:
○ increasing consumers’ awareness of the enterprise
○ increasing consumers’ awareness of the product
○ establishing and maintaining brand loyalty
○ increasing or defending sales and market share
○ increasing profits
(b) Be able to explain the benefits to the customer of marketing, including:

○ greater knowledge
○ the ability to make more informed decisions
○ time saving
17
2 Understand customer wants and needs, and explain ways of researching potential customers
Candidates should:
(a) Understand the difference between a want and a need.
(b) Understand the difference between existing and potential customers.
(c) Understand that market research may take a variety of forms, both primary and secondary.
(d) Be able to explain ways of identifying potential customers.
3 Explain the importance of retaining customers, and evaluate ways in which this can be done
Candidates should:
(a) Be able to explain ways of identifying potential customers.
(b) Be able to explain why enterprises need to retain existing customers.
(c) Be able to explain what is meant by customer satisfaction, and how it can be measured.
(d) Understand how an enterprise receives complaints, and how it should deal with them.
(e) Be able to evaluate ways in which customers can be retained and satisfaction increased.
4 Understand and evaluate the different methods of communicating with a market for different types
of enterprise
Candidates should:
(a) Be aware that different methods will be more or less appropriate for different types of enterprise,
including:
○ mass media: television, radio, cinema, newspapers and magazines
○ posters and leaflets, etc.
○ electronic: company website, email and internet advertising
○ word of mouth
○ sponsorship
(b) Be able to analyse and evaluate the use of these different methods.
18
Topic 9: Help and support for enterprise

1 Identify and understand the sources of help and support available to enterprises, and evaluate
their effectiveness
The sources will clearly differ from country to country. Candidates need to be aware of:
○ formal sources of support, e.g. government bodies, business agencies, financial institutions,
charities, etc.
○ informal sources of support, e.g. friends, other business people, etc.
○ business networks – these are forums for advice and discussion.
Candidates should be able to identify examples of the above, explain how they can be of assistance to
enterprises, and evaluate their effectiveness.
Topic 10: Communicating with other people

1 Identify, analyse and evaluate the advantages and disadvantages of different types of communication
Candidates should:
(a) Be able to identify, analyse and evaluate the advantages and disadvantages of different types of
communication, including oral and written, for different situations.
(b) Recognise that communication can be of a formal or an informal nature.
(c) Recognise that, in some enterprises, there may be both horizontal and vertical lines of
communication.
2 Understand the importance and differences in types of appropriate language

Candidates need to:
(a) Understand that the language used in communication will differ, depending on the context and the
people involved.
(b) Be able to explain why the language used may differ, depending on the situation.
(c) Understand how they might communicate with: customers, someone senior to them, an employee,
a friend, someone who they hoped would provide them with finance, and someone via a letter, etc.
(d) Be able to explain why it is important to use an appropriate form of language.
19
3 Explain how internal and external communications take place in an enterprise

(a) Explain how an enterprise would communicate with internal stakeholders, such as managers,
employees and shareholders.
(b) Explain how an enterprise would communicate with external stakeholders, such as suppliers,
customers, local community and government.
4 Understand the importance of planning for a meeting

Candidates should be aware of the need for careful preparation both before and between meetings,
including:
○ notice of meeting
○ agenda
○ minutes
5 Understand the importance of effective communication to running an effective meeting and evaluate the
effectiveness of a meeting
Candidates should:
(a) Understand the importance of effective communication in the efficient running of meetings,
including:
○ board meetings
○ meetings with employees or trade unions
○ meetings with customers and suppliers
○ annual general meeting
○ meetings with the local community
(b) Be able to analyse and evaluate whether meetings have been effective.
20
5. Coursework: activities and
assessment criteria
Candidates should carry out their own enterprise project or activity, either on their own or as a member of a
group (usually of no more than six candidates). Candidates working on their own will take sole responsibility
for carrying out a small, relatively simple project or activity. Candidates working in groups should carry
out a larger, more complex project or activity that allows each person to play a separate, defined role.
All candidates should be encouraged to produce and implement a business plan.
The individual role played by candidates and their perspective on the overall project is assessed, not the
execution of, or the success of, the project or activity itself.
21
assessment criteria
Task 1: Identifying a suitable project or activity

The candidate should present evidence that consideration has gone into the process of choosing a project or
activity to undertake, and that they have evaluated a number of activities before making a final choice. They
should provide evidence that they have considered the needs and wants of customers, the entrepreneurial
skills the candidate(s) have that could be useful for different projects or activities, as well as the skills that
they do not possess, and that they have evaluated a number of different projects or activities.
Candidates must submit a formal written report about the process and outcome of choosing a suitable
project or activity. The report, which should consist of approximately 1000 words, should include appropriate
titles and subheadings, and should cover:
(a) The skills that the candidate believes are important for entrepreneurs to possess, and an evaluation of
the extent to which the candidate believes that they possess these skills.
(b) Proof of the ways in which a problem or need was identified and researched by the candidate, including
the sources used (questionnaire, internet, brainstorming, etc.).
(c) A description of the candidate’s understanding of the identified problem or need.
(d) An outline of the ways in which the problem or need could be solved or satisfied in an enterprising way
(evidence could include PESTEL analysis).
(e) An explanation of the reasons for their final choice of project or activity, and the reasons why the other
ideas were rejected.
(f) A statement of what the candidate believes the purpose of the project or activity to be.
Candidates must submit one of the following:

• A wall chart, suitable for their classroom, telling students about an entrepreneur (preferably a local
one) giving details of what they do that is enterprising and the entrepreneurial skills they have
shown.
• An information leaflet, suitable for the other IGCSE Enterprise candidates, summarising the project
or activity chosen.
22
assessment criteria
AO Assessment guidelines for Task 1 Marks
AO3 • Ability to analyse information and evaluate courses of action before 8–10
making decisions.
AO2 • Good ability to apply the skills of enterprise to the identification of a
suitable project or activity.
• A variety of communication methods employed, fully suitable for the
audience.
AO3 • Some attempt to analyse information before making decisions. 5–7

AO2 • Reasonable ability to apply the skills of enterprise to the identification of a
• A variety of communication methods employed, but not completely
suitable for the audience.
AO3 • Very little, if any, successful attempt to analyse or evaluate information 1–4
before making decisions.
AO2 • Limited ability to apply the skills of enterprise to the identification of a
• No variety in the methods of communication employed, or the
communication was not suitable for the intended audience.
AO1 • Some knowledge of enterprise concepts and terminology.
23
assessment criteria
Task 2: Planning the project or activity

The candidate should present evidence that they have been carried out planning to try and ensure the
success of the chosen project or activity. There should be evidence that the candidate has considered the
activities and tasks to be undertaken, the need to deal with risk, and either the need for finance or the need
to tell the potential market about the project or activity.
Candidates must submit:

(a) An action plan covering the preparation for and implementation of the project, containing:
• the activities that are to be undertaken, and by whom
• timings of the activities
• proposed methods of monitoring progress with the plan
(b) The outcome of a risk assessment carried out by the candidate, together with an explanation of how the
candidate thinks the most significant risks should be dealt with.
(c) One of the following (either Financial Planning or Planning Market Communication):
• Financial planning
○ A simple income and expenditure budget for the project or activity, showing the candidate’s own
financial estimates.
○ A record (written witness statement or video recording) of a presentation by the individual
candidate, to a teacher or business person, including the use of visual materials. The
presentation should describe the candidate’s proposals for financing the project or activity,
together with the reasons for their choices of finance.
○ Written evidence of the sources of finance the candidate considered for the different financial
needs of the project or activity, a decision as to which sources should be used, and an
explanation of why they believe that these are the best sources.
• Planning market communications
○ Two examples of market communications, using different media, suitable for telling potential
customers about the project or activity. Evidence could include, for example, a poster, a leaflet, a
website plan or sponsorship materials.
○ Written evidence of the candidate’s decision as to which market communication the candidate
believes should be used, together with an explanation of why they believe that this method of
market communication will be successful. The candidate should refer to reaching the potential
market, attracting and retaining customers.
24
assessment criteria
AO3 • Very good ability to analyse information and evaluate courses of action 19–23
before making decisions.
AO2 • Excellent application of the skills of enterprise to the planning of a project
or activity.
• Communication is very suitable for the audience or purpose.
AO3 • Good ability to analyse information and evaluate courses of action before 15–18
making decisions.
AO2 • Good application of the skills of enterprise to the planning of a project or
activity.
• Communication is very suitable for the audience or purpose.
AO3 • Reasonable attempt to analyse information before making decisions. 11–14

AO2 • Reasonable ability to apply the skills of enterprise to the planning of a
project or activity.
• Communication is reasonably suitable for the audience or purpose.
AO3 • Limited attempt to analyse or evaluate information before making 5–10

decisions.
AO2 • Some ability to apply the skills of enterprise to the planning of a project or
activity.
• Communication is of limited suitability for the audience or purpose.
AO1 • Some knowledge of enterprise concepts and terminology.
AO3 • Very little, if any, attempt to analyse or evaluate information before making 1–4
decisions.
AO2 • Limited ability to apply the skills of enterprise to the planning of a project
or activity.
• Communication is generally not suitable for the audience or purpose.
AO1 • Limited knowledge of enterprise concepts and terminology.
25
assessment criteria
Task 3: Implementing the plan

(a) The candidate must carry out their project or activity using the action plan produced in Task 2. They
must present a written record of:
• the tasks they carried out
• the results of monitoring of progress against their identified criteria
Candidates working on their own should describe how the plans for the project or activity were
implemented. Candidates working in a group should describe how they carried out their own role.
(b) Candidates must present evidence of preparing to negotiate at a meeting with another person or
group of people, regarding an aspect of planning the project or activity, or implementing the plans.
The candidate must also provide a written description of the situation in which they negotiated, and the
outcome of the negotiation.
AO2 • Good ability to apply the skills of enterprise when implementing a plan or 6–7
negotiating with others.
AO2 • Reasonable ability to apply the skills of enterprise when implementing a 3–5
plan or negotiating with others.
AO2 • Limited ability to apply the skills of enterprise when implementing a plan 1–2
or negotiating with others.
26
assessment criteria
Task 4: Evaluating the project or activity

The candidate should evaluate the success of how the project or activity was implemented and the outcome
or the project or activity, not their own performance.
Evidence for this task should be in the form of a written report of approximately 1000 words. The report
should include appropriate titles and subheadings and should cover two of the following:
(a) Evaluation of the financial success of the project or activity, with clear and reasoned recommendations
for improvement.
(b) An evaluation of the success of the marketing communication(s) used, with clear and reasoned
recommendations for improvement.
(c) An evaluation of the success of the internal communications used during the planning and
implementation of the project or activity, with clear and reasoned recommendations for improvement.
(d) An evaluation of the success of the planning and implementation of the project, with clear and reasoned
recommendations for improvement.
AO3 • Excellent analysis and evaluation, with comprehensive use of evidence to 17–20
substantiate claims.
AO3 • Good analysis and evaluation, with reasonable use of evidence to 13–16
AO3 • Some analysis and evaluation, with reasonable use of evidence to 9–12
AO3 • Limited analysis and evaluation, with reasonable use of evidence to 5–8
AO3 • Very limited analysis and evaluation, with reasonable use of evidence to 1–4
27
6. Resource list
Centres may find the following books and websites useful as sources of information on particular enterprise
concepts, ideas and terms, but they are not endorsed by CIE.
Author Title Date Publisher ISBN Number

published
C. Barrow Business Enterprise: Starting a 2008 Kogan Page Ltd 0749451947
Business from Home
R. Jones, Business Studies Causeway Press 9781405892315
C. Raffo and
D. Hall
D. Lester How They Started: How 30 Good 2007 Crimson Publishing 1854584006
Ideas Became Great Businesses
D. Lester Starting Your Own Business 2007 Crimson Publishing 1854584014
I. Marcouse Business Case Studies 2003 Longman 0582406374
and D. Lines
I. Marcouse, Complete A-Z Business Studies 2008 Hodder Arnold 0340915161
B. Martin and Handbook
D. Lines
I. Marcouse GCSE Business Studies: 2006 Hodder Arnold 0340926988
Introduction to Enterprise
Websites
www.britishchambers.org.uk/
www.businessownersideacafe.com/genx/
www.mindyourownbiz.org/default.shtml
www.entrepreneur.com/tsu
www.inc.com/guides/
www.bbc.co.uk/schools/gcsebitesize/business/
www.bized.co.uk/
www.tutor2u.net/
28
University of Cambridge International Examinations
1 Hills Road, Cambridge, CB1 2EU, United Kingdom
Tel: +44 (0)1223 553554 Fax: +44 (0)1223 553558
Email: [email protected] Website: www.cie.org.uk
© University of Cambridge International Examinations 2009

2011 Syllabus

Uploaded by

Copyright:

Available Formats

2011 Syllabus

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

2011 Syllabus

Uploaded by

Copyright:

Available Formats

Syllabus

Cambridge IGCSE Enterprise

Centres wishing to take part in the Pilot scheme are invited

Cambridge IGCSE Enterprise

2. Assessment at a glance .................................................................. 5

3. Syllabus aims and assessment ....................................................... 6

4. Curriculum content .......................................................................... 8

5. Coursework: activities and assessment criteria ............................ 21

6. Resource list .................................................................................. 28

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

1.1 Why choose Cambridge?

Not-for-profit, part of the University of Cambridge

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

1.2 Why choose Cambridge IGCSE Enterprise?

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

1.3 Cambridge International Certificate of Education

Learn more about ICE at www.cie.org.uk/qualifications/academic/middlesec/ice.

1.4 How can I find out more?

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Cambridge IGCSE Enterprise

Paper 1 (1½ hours, 100 marks)

The paper will consist of two sections:

Weighting 50% of total marks

Paper 2 (Coursework – Centre-based assessment, 60 marks)

Weighting 50% of total marks

The syllabus is available in the June and November sessions.

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

3.2 Assessment objectives

AO2 Apply the skills of enterprise

AO3 Solve enterprise problems

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

AO1 weighting 20% 5% 25%

AO2 weighting 10% 15% 25%

AO3 weighting 20% 30% 50%

Paper weighting 50% 50% 100%

3.4 Exam combinations

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Topic 1: Introduction to enterprise

2 Know ways of being enterprising at school and home

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

3 Investigate enterprise in history: learning from the past

Topic 2: Setting up a new enterprise

2 Explain the purpose of a business

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Topic 3: The skills needed to run an enterprise

2 Analyse the behaviour of entrepreneurs

Topic 4: Business opportunities and risk

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Candidates should be able to:

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

3 Be able to plan for negotiation

4 Analyse the process of negotiation

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Topic 6: Understanding finance

4 Understand the reasons for producing budgets

Cambridge IGCSE Enterprise 0454. Examination in June and November 2011.

Profit and Loss

6 Explain the importance of keeping accurate financial records