Principles of Business Syllabus

Caribbean Secondary Education Certificate?

SYLLABUS PRINCIPLES OF BUSINESS

CXC 08/G/SYLL 17

Effective for examinations from May?June 2019

Correspondence related to the syllabus should be addressed to: The Pro-Registrar Caribbean Examinations Council Caenwood Centre 37 Arnold Road, Kingston 5, Jamaica Telephone Number: + 1 (876) 630-5200 Facsimile Number: + 1 (876) 967-4972 E-mail Address: cxcwzo@ Website: Copyright ?2017 by Caribbean Examinations Council Prince Road, Pine Plantation Road, St Michael BB11091

CXC 08/G/SYLL 17

Contents

RATIONALE .............................................................................................................................................. 1 AIMS..... ................................................................................................................................................... 1 GENERAL OBJECTIVES ............................................................................................................................. 2 SKILLS AND ABILITIES TO BE ASSESSED ................................................................................................... 2 ORGANISATION OF THE SYLLABUS ......................................................................................................... 3 SUGGESTED TIMETABLE ALLOCATION .................................................................................................... 3 APPROACHES TO TEACHING SYLLABUS .................................................................................................. 3 CERTIFICATION....................................................................................................................................... 4 DEFINITION OF PROFILE DIMENSIONS................................................................................................. 4 FORMAT OF THE EXAMINATIONS ........................................................................................................... 5 REGULATIONS FOR PRIVATE CANDIDATES ............................................................................................. 6 REGULATIONS FOR RESIT CANDIDATES .................................................................................................. 6 REGULATIONS FOR THE JANUARY SITTING............................................................................................. 6 SECTION 1: THE NATURE OF BUSINESS................................................................................................... 8 SECTION 2: INTERNAL ORGANISATIONAL ENVIRONMENT ................................................................... 13 SECTION 3: ESTABLISHING A BUSINESS ................................................................................................ 17 SECTION 4: LEGAL ASPECTS OF BUSINESS ............................................................................................ 22 SECTION 5: PRODUCTION ..................................................................................................................... 25 SECTION 6: MARKETING........................................................................................................................29 SECTION 7: LOGISTICS AND SUPPLY CHAIN .......................................................................................... 34 SECTION 8: BUSINESS FINANCE ............................................................................................................ 38 SECTION 9: ROLE OF GOVERNMENT IN AN ECONOMY ........................................................................ 43

CXC 08/G/SYLL 17

SECTION 10: TECHNOLOGY AND THE GLOBAL BUSINESS ENVIRONMENT ........................................... 47 GUIDELINES FOR THE CONDUCT OF THE SCHOOL-BASED ASSESSMENT IN BUSINESS STUDIES (PRINCIPLES OF ACCOUNTS, PRINCIPLES OF BUSINESS AN ECONOMICS) ............................................ 56 GUIDELINES TO TEACHERS FOR THE ALTERNATIVE TO SCHOOL-BASED ASSESSMENT ........................ 61 GLOSSARY OF BUSINESS TERMS ........................................................................................................... 62

CXC 08/G/SYLL 17

The Principles of Business Syllabus (CXC 08/G/SYLL 17) was revised in 2016 for first examination in 2019.

Teaching is expected to commence on the revised syllabus in September 2017. First Published in 1978

Revised in 1990, 1998, 2006 and 2016 Amended 2013 Revised 2017

Please check the website, for updates on CXC?'s syllabuses.

CXC 08/G/SYLL 17

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