7115 business studies mark scheme

Business studies o level past papers xtremepapers

Better decisions could be made [k] as managers in each country are likely to know what their customers want [an] so more delegation could be very beneficial leading to higher sales and profits [eval]. Developed example: They could advertise [k] so attracting more shops to stock their products [app] increasing sales revenue [an]. The benefits to employers are less clear, although few would argue that it is morally right to be able to exploit anyone. Much depends upon the importance of WLP as a business. However, the staff may already be well motivated perhaps because of their innate qualities. You will get to start your practice with subject Business Studies year by year in descending order like ,,……and so on. Disadvantage is that the salary does not reflect individual work effort and hence some people might feel exploited. Do you agree? If price is too low, profit margins may not be high enough to generate the level of profits needed by the business. Getting the correct answer without knowing the required steps does not ensure full marks. It also means no feeling of resentment about someone earning more than another. They manage by telling and directing not by discussion and persuasion.

In such cases, professional judgement should be exercised in assessing the merits of the answer and the senior examiners should be consulted if further guidance is required.

We have uploaded all the latest Business Studies marking scheme. Do you think that such laws benefit both ATC and its staff?

Business studies o level notes

If demand is price inelastic, they might sell enough extra to make it worthwhile [eval]. In this way every previous year will make your grip strong and you will feel it gradually gets easier. If numbers are used, candidate must have correct values including units. How many jobs will be lost? NB: Answers clearly limited to one stakeholder gain maximum of 3 marks. For example, if the packaging is attractive, this will gain customer attention. Yes, unlike others we set the marking schemes of Business Studies on a yearly basis. For 2 evaluation marks justification must be in context, e. It sells on the basis of technical innovation. NB: Do not accept wild assumptions such as: increase profits; become a market leader. Explanation shows why this creates a potential disadvantage.

Given that responsibility and involvement are thought to be strong motivators this would imply that the approach is a de-motivating one.

Examples of possible answers are also included in this mark scheme. Justify your answer. Alternatively, they could increase prices. Do NOT accept delayed payments.

Xtremepapers business studies

If demand is price inelastic, they might sell enough extra to make it worthwhile [eval]. Identification of issues [2] Analysis of issues [2] Evaluation of issues [2] Z provide Syllabus financial support Paper 12 in these [6] If WLP collapses then most stakeholders lose out. Identification of advantages [2] Explanation of advantages showing how the advantages come about. In case of missing any Business Studies marking scheme, you can mail us the missing marking scheme at upload paperpdf. NB: Answers clearly limited to one stakeholder gain maximum of 3 marks. Business has downsized and in certain situations this is a good thing! It is quite possible that among the scripts there will be some candidate answers that are not covered directly by the content of this mark scheme.

Do NOT credit two examples of same type, e. NB: Do not accept workers being more efficient or similar ideas that are not Trade Union methods. For 2 evaluation marks justification must be in context, e.

7115 business studies mark scheme

However sales revenue might not increase [k]. Do NOT accept salaries, overdraft, electricity or other overheads. Justify your answer.

igcse business studies past papers 2017
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