In addition, she does all the administration such as ordering inventory, accounts and paying invoices when the spa is closed. (1), Explain two factors UDig should consider when deciding which mines to close (6 marks). GCSE Business Studies will do more than just equip you with the required knowledge for business success. For example, the questions above can be applied to this case study on British Airways, from Complete Business Studies for Cambridge IGCSE and O Level. Paper 1 and 2 will have questions based on fictional businesses. A set of 15 case studies for use in GCSE Business Studies. The resources include teaching/learning class notes, Topical (topic by topic) Questions and Answers, Termly Examination Papers and Marking Schemes, Lesson Plans, Powerpoint Notes and Slides, Schemes of Work, KCSE KNEC Past Papers, Confidentials and Marking … Prepping for the IGCSE Business Studies examinations can be made easy if you know how to organize and plan. With customized lesson plans, feedback, lifetime access to resources the students are in safe hands. Hence, it is important to have a sound knowledge of all the keywords concepts on the syllabus. Tutor2U. Candidates discussing two or more factors in detail and applying it to the case should be rewarded with the top marks in the band. These would be the 1 or 2 mark questions. Download study resources, notes and mind maps Try past year exam questions for every topic Get online guidance on answering strategies and grading prediction from certified graders By using answering techniques shown below: “Although decision A results in a lower short term cost, decision B will rapidly increase income and allow greater profitability in the long term”. The Cambridge IGCSE Business Studies syllabus develops learners' understanding of business activity in the public and private sectors, and the importance of innovation and change. It is important that the students show their full working and calculations steps to get the full allocated marks. Students explore how business ideas are created and developed. Making flashcards and short notes to help remember and understand keywords and concepts will benefit the students. Award 1 mark for each relevant reason (maximum of two reasons): Award a maximum of 3 additional marks for each explanation – one of which must be applied to this context – of the reasons why the owner wants the business to remain small. These are a description of the educational purposes of the course. Students should justify why particular decisions were made when answering a question. Understanding Business Activity 1.1 - Business Activity 1.2 - Classification of Businesses 1.3 - Enterprise, Business Growth and Size 1.4 - Types of Business Organizations 1.5 - Business Objectives… This GCSE course provides you with knowledge and understanding upon which you can build through further study. Regular homework will really help after concentrating in the class. (2) The income of the business (1) from the sale of goods or services. Cambridge IGCSE Business Studies Book PDF by Peter Stimpson, Karen Borrington (4th edition) Endorsed by Cambridge Assessment International Education for full syllabus coverage. My mock result of business studies is A* but I'm still in panic because I think I … All Rights Reserved. Customers book appointments using the telephone and Bethany later telephones them to remind them when an appointment is due. Relax, enjoy and have fun throughout the year. On the contrary, it is this illusion that makes the examination tricky. The examiners will grade the answer based on how well the students have addressed the requirements of the points needed to be made. Be prepared well before three months of exam. Just study like you study any subject in IGCSE. (1), Ease of access (1) of the eight locations (1) as sites difficult to reach could help lower transport costs. This GCSE course provides you with knowledge and understanding upon which you can build through further study. GCSE Business Studies is designed for students finishing secondary school to learn skills for running a business, such as managing money, advertising and employing staff. Some spas nearby have the latest equipment but these spas charge much higher prices than The BB Health Spa. Cambridge IGCSE Business Studies (0450) PapaCambridge provides Cambridge IGCSE Business Studies (0450) latest past papers and resources that includes syllabus, specimens, question papers, marking schemes, resource booklet, FAQ’s, Teacher’s resources and a lot more. Tips and Tricks to Crack IGCSE Exams. Paper 2 is 1 hour and 30 minutes long and makes up for 50% of the total grade. The following file includes terms, definitions and thorough explanations along with formulas for Business studies (0450) students. If you have Cambridge IGCSE Business Studies 4th edition then these summary notes are perfect for you. They are simple and easy to read, memorize and understand. This gives the student an idea of how much time to give to the question and what to write. Well-justified conclusion/recommendation. Knowledge is the foundation of each question and makes up 40% of your final grade. Required fields are marked *. For more information, visit this page. Using Tutopiya’s IGCSE Business Studies 2019: Our Comprehensive Free Notes and Tips 2019 students can get an informative view of the assessment objectives and techniques to get better grades. Making simple changes to your study routines will help the candidates ace the examinations. Your email address will not be published. (1), Pollution levels (1) as new legal controls have been introduced (1) so high polluting sites might be forced to close anyway. In Paper 1 the student will find various questions that might require him or her to do calculations based on the problems provided. This will threaten 1800 employees with redundancy. The following file includes terms definitions and thorough explanations along with formulas for Business studies 0450 students. Students can show their level of evaluation when answering questions in Paper 1 and 2. Level of output (1) where UDig extract the least amount of coal (1) could be closed as it will make fewer sales revenue. Candidates outlining three factors in context should be rewarded with the top marks in the band. Instead, think long term. (12 marks). The customers of The BB Health Spa are people of all ages who are interested in their health. Cambridge IGCSE Business Studies revision & notes page. It consists of four questions requiring a mixture of short answers and structured data responses. This will mean you can quickly get the marks on the paper 1 definition questions, allowing you more time on the more difficult questions. Economic growth has been high for the last few years. It really is rally intriguing throgh reading time. The numbers of marks allocated to each question are given on the right-hand side at the end of the question. I am happy to tell you that this is basically the greatest book i have go through in my own lifestyle and might be he greatest book for ever. Even in Paper 2 the marks rewarded for each question are allocated on the right-hand side of the question. HOME. Using study planners to keep track of progress and chapters studied will help organize students. STUDY RESOURCES. Getting into the habit of highlighting key terms and question words in the question can help students answer to point. The BB Health Spa is very busy and Bethany is considering taking on a partner to help manage the business and give her more free time. Due to this their answers stay on point and portray their skills of knowledge, application, analysis and evaluation. Foster a deeper understanding with a wide range of international case studies and exam preparation matched to the key knowledge students need for success. Hence, highlighting the important keywords, statistics, and question words help students organize their answers in a methodical manner. Third, award 1 mark for each relevant explanation (maximum of 2). If there are 2 marks involved then the student must know that the question requires them to provide a definition and an example. (1), Not as competitive (1) so may have to reduce its profit margin (1) by lowering the cost of coal (1) so not as much money to reinvest in the business. Examiners reward points for application and as a result, review how students apply the theoretical knowledge to the business in the case study. Furthermore, questions that ask the student to ‘Outline’, and ‘Explain’, require the candidates to show their technique of application and analysis of the theories learnt. However, students forget to show this link or application process between the knowledge and information in the question. According to Cambridge UK Syllabus Content of IGCSE Business Studies (0450) is divided into 6 major sections. If you have Cambridge IGCSE Business Studies 4th edition then these summary notes are perfect for you. GET ALL YOU NEED TO SCORE THE BEST GRADE. Furthermore, a thorough analysis and evaluation of the data provided in the Paper are vital. Answer lots and lots of past papers even the varients of these papers. PRACTICE QUESTIONS. For Heidi with blue hair – Fleur Adcock Poem Analysis, 1.5 Business objectives and stakeholder objectives, 2.3 Recruitment, selection and training of workers, 3.1 Marketing, competition and the customer, 4.2 Costs, scale of production and break-even analysis, 5.2 Cash-flow forecasting and working capital, 6. Examiners grade answers on the basis of the evaluations students provide. When answering a question that asks the student to Evaluate, students need to show why a decision is better than the other and in which way. Sound application of knowledge and understanding of relevant business concepts using appropriate terminology. TutorComps Online tutoring UK, enables students to progress directly to employment or to proceed to further study. Our IGCSE Business Studies tutors provide a foundation for further study at Level 2 and 3 of the National qualifications. State the advantages and disadvantages of the following three ways to achieve good quality service at the health spa: Which do you think is the most important way? (1), Not as competitive (1) so UDig may have to cut costs (1) by closing mines (1) and making people redundant. So, it makes it easier for candidates to address the assessment objectives in their answer. 3LDZFFJ6LCWR < Doc / IGCSE Study Guide for Business Studies IGCSE Study Guide for Business Studies Filesize: 2.11 MB Reviews Merely no phrases to describe. Data response questions require students to answer questions based on the data provided in Paper 1. This course will introduce you to the essential components of any business, including marketing, business operations and economics. Tutor2u is a vibrant teacher download website which truly keeps students and teachers up-to-date on the very latest events (conferences and workshops), focussing on correct exam and revision techniques for GCSE Business Studies exams. Application points are rewarded when examiners can see how students apply the theoretical knowledge to the case study in the paper and come up with practical answers. cambridge igcse and o level business studies second edition revision guide.pdf : cie-igcse-businessstudies-0450-v1-znotes.pdf : gcse business studies instant revision.pdf : igcse-study-guide-for-business-studies.pdf Making simple changes to your study routines will help the candidates ace the examinations. These are all part of the analysis and evaluations assessment objectives and will rank higher in terms of candidate grade allocation. Likewise, if there are more marks involved, then the question will ask the student to ‘outline’ about a particular keyword or given data response information. These questions require students to use their knowledge of the theoretical concepts and how they link to the questions. 1. There is a certain amount of calculations that the student needs to spend time on. Hence, the student will know what points need to be made in the answer and what examples need to be given. Satisficing/happy with the level of profit. It can be very helpful to learn a short definition and example for each of the key words on the syllabus. (1), Better communication with customers and employees. It provides all the explanation and advice students need to study efficiently for the exam. Buy only the best quality materials to use in the health spa. External influences on business activity, 6.1 Government economic objectives and policies, IGCSE Maths Percentage increase and decrease. Underlining and highlighting are two techniques that students can use to read the case study text properly. Introduction. Secondly, the assessment objectives that need to be kept in mind to answer questions well are all taken into account in the PEEL method, As a result, using the PEEL method will give a very well rounded answer that addresses the assessment objectives. in Business Studies. All credit goes to the authors. Candidates must answer all questions and the whole paper adds up to 80 marks in total. If students are not able to highlight, they can at least circle or underline to organize their thought processes while answering. - The subject is divided into topics. Making flashcards and short notes to help remember and understand keywords and concepts will benefit the students. Firstly the ‘PEEL’ method is a very useful tip to use while answering essay or long answers questions. Time management is a critical factor in Paper 1 as it is in other exam papers. Bethany owns The BB Health Spa in Main City in country X. IGCSE Economics 2019: Free Comprehensive Notes, GCE A-Level Singapore – H1, H2 and H3 Explained, Tip 6: Online Tuition for IGCSE Business Studies, Tutopiya offers a pool of expert and internationally qualified IGCSE Business Studies tutors. To gain top grades in IGCSE Business Studies, students have to know the precise criteria that examiners are looking for. (4 marks). ". A 1 mark question will mostly ask the student to ‘define’ or ‘give an example’ of a keyword. Remember that you have very limited time duration to write your answers in the limited writing space for Paper 1 (scenario questions) and Paper 2 (Case Study questions) . Past papers of Cambridge IGCSE Business Studies (0450) are available from 2002 up to the latest session. Business activity, 6.1 Government economic objectives and policies, IGCSE Maths Percentage increase and.. 1, is 1 hour and 30 minutes long and makes up %... Engage in communtities like the Xtremepapers commnuty where you get to discuss specific questions ease. Answers and structured data responses from students, but very often the students greatly... Perfect for you so use these to prepare for examinations or their study sessions while... 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