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Cambridge IGCSE Business Studies

5.3.1What is profit and why it is important

What is profit and why it is important in Cambridge IGCSE Business Studies: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 5.3.1.1Explain what profit is and why it is important to private sector businesses.

Lessons

  • Profit and why it matters

    25 min

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Sample question

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What is profit and why it is important: sample question

1 mark

Why is retained profit often called the cheapest source of finance?

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