7115 business studies mark scheme

They come to know about the importance of a change in their lifestyle and community as the students learn to consider that how much they are influence decisions, activities and objectives. O level Business Studies students with some practice of past papers along with the book and the Business Studies revision notes can improve their grip on questions.

7115 business studies mark scheme

It shows the basis on which Examiners were initially instructed to award marks.

Business-studies-june-question-paper

Any substantial changes to the mark scheme that arose from these discussions will be recorded in the published Report on the Examination.

Mark schemes must be read in conjunction with the question papers and the Report on the Examination. The minimum marks in these components needed for various grades were previously published with these mark schemes, but are now instead included in the Report on the Examination for this session.

7115 business studies mark scheme

However other business objectives might be being pursued e. If so then price may be kept low. Distribution is one element of the marketing mix.

chemistry mark schemes pdf, international gcse grade boundary marks edexcel, free xtremepapers june maths o levels, mark scheme for the june series business studies /21 paper 2 (case study. business studies papers/ xtremepapers 7. _s14_qp_pdf BUSINESS STUDIES /12 - Online Exam. MARK SCHEME for the May/June series BUSINESS STUDIES /12 Paper 1 (Short Answer/Structured Response), maximum raw mark 80 This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. MARK SCHEME for the October/November question paper BUSINESS STUDIES /02 Paper 2 (Case Study), maximum raw mark This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks.

Thus it is important as part of an overall strategy of generating sales. Knowledge [1] per point identified. Thus showing higher level of understanding. They might reduce the number of employees needed because of their labour saving potential.

They might speed up activities and hence allow more work to be completed in a given time period. Thus overheads spread over more work.

Business Studies 7115

Identification of ways costs might be cut [] Explanation of ways showing how gains might be achieved [] c i Stakeholders refer to any group which has an interest in business activity. Simple answer plus appropriate examples will get two marks. Shareholders would have an objective to get a satisfactory return on their investment.

This means that they buy shares usually in anticipation of a financial gain achieved either through dividend income or appreciation in capital value.

Employees have objectives like high wages or job security. People work primarily for money and hence wage rates very important or job security helps satisfy basic needs which provides stability that people enjoy. The objectives must be of TWO different groups of stakeholders.

OFR applies [max of 2 marks] c Basically it is because it produces a product that satisfies customer demand at a price that is thought to acceptable which more than covers the costs incurred.

Understanding of why a business might be profitable [] Evaluation of why factors can change involving a justified conclusion [] 4 a Flow production usually involves large scale production where each operation on a unit is performed continuously, one after the other, often on a production line.

Thus companies use the technique as a means of reducing unit costs when large volumes are being produced. Thus 2 times 3 marks available.

To gain the third mark it is necessary to show how the method specifically creates a motivational force [by helping satisfying a need perhaps] c Productivity is a measure of the effective use of a resource measured in terms of the output generated by that resource.

It is important to the management of a business because it has a direct impact on unit cost and hence on competitiveness and profitability.

Past Papers Maldives: English June Papers

Knowledge of productivity [] Evaluation of implications [] d Social costs usually refer to the costs to society as well as to a business. They are usually regarded as being the negative externalities associated with business activity.

Simple answer like less business production [1] ii Recession likely to have had an impact because consumer spending falls in a recession and hence sales of Easy Chairs likely to have been reduced.

This will reduce revenue and cash inflows. Costs however would not be reduced proportionally. Thus financial problems likely to follow.

7115 business studies mark scheme

Explanation of financial problems [] Linkage with recession [] b All three options are damaging to the interests of trade union members but in different ways. Option 1 clearly results in job losses but no loss of income for those who remain in work.

Aug 21,  · Can someone provide me with marking schemes for O levels as from BACKWARDS? CaptainDanger. Log in or Sign up. XtremePapers Community. Home Forums > Qualifications, Business studies O levels Marking schemes. Discussion in 'Cambridge O Levels' started by Amy Bloom, Aug 11, Amy Bloom. Messages: 1, Likes Received: 2, O Level Business Studies Past Papers Learners consider a range of stakeholder perspectives, from the individual to national government, when studying the Cambridge O Level Business Studies syllabus. Paper – Download Mark Scheme. Business Studies Paper 2: /21– Download Insert - Download. chemistry mark schemes pdf, international gcse grade boundary marks edexcel, free xtremepapers june maths o levels, mark scheme for the june series business studies /21 paper 2 (case study. business studies papers/ xtremepapers 7. _s14_qp_pdf BUSINESS STUDIES /12 - Online Exam.

Option 2 affects everyone in the form of lower wages for the same work but no loss of jobs. Option 3 means lower wages but less hours, again with no job losses.

Thus Option 3 better than 2. Option 1 better for those left in a job.MARK SCHEME for the October/November question paper BUSINESS STUDIES /02 Paper 2 (Case Study), maximum raw mark This mark scheme is published as an aid to teachers and candidates, to indicate the requirements of the examination.

It shows the basis on which Examiners were instructed to award marks. Business Studies June Paper 22 - XtremePapers MARK SCHEME for the May/June question paper for the guidance of teachers BUSINESS STUDIES /22 Paper 2 (Case Study), maximum raw mark This mark Sat, 22 Dec GMT A l business studies past paper - 10 pdf files | Past - Business Studies Section III 20 marks.

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