A detailed discussion of two or more ways. Below are additional Download Links to all the free Secondary School (High School) Resources for Form 1, Form 2, Form 3 and Form 4. Cambridge IGCSE Business Studies revision & notes page. This coursebook provides support for the Cambridge IGCSE … It consists of four questions requiring a mixture of short answers and structured data responses. (1), Pollution levels (1) as new legal controls have been introduced (1) so high polluting sites might be forced to close anyway. These may be assessed in the examinations but sometimes they are general outcomes. This gives the student an idea of how much time to give to the question and what to write. forget they still have to answer based on the assessment objectives and marks allocated. Firstly the ‘PEEL’ method is a very useful tip to use while answering essay or long answers questions. Explain two possible reasons why Bethany wants the business to remain small. STUDY RESOURCES. Complete Syllabus of IGCSE Business Studies for the Year 2020-2022 is updated with some minor changes by Cambridge International. So, students can use these to prepare for examinations or their study sessions and while practising past papers. On the contrary, it is this illusion that makes the examination tricky. Q. (1), Not as competitive (1) so UDig may have to cut costs (1) by closing mines (1) and making people redundant. A detailed discussion of at least one factor. (1), UDig is a large mining company based in country B. UDig is in the private sector. Another way to manage time in the examination is to do a timed practice of past papers. GCSE Business Studies revision. Candidates discussing two or more factors in detail and applying it to the case should be rewarded with the top marks in the band. If there are 2 marks involved then the student must know that the question requires them to provide a definition and an example. Paper 2 contains four questions based on a case study, provided as an Insert with the Paper. Answer lots and lots of past papers even the varients of these papers. Students can show their level of evaluation when answering questions in Paper 1 and 2. Regular homework will really help after concentrating in the class. (2) The income of the business (1) from the sale of goods or services. Students are unable to show this level of analysis and hence, cannot prove to the examiner how a positive or negative impact affects the business. This will mean you can quickly get the marks on the paper 1 definition questions, allowing you more time on the more difficult questions. How much time is required to complete IGCSE Business Studies (2020-22) Syllabus? TUTORIALS. The following file includes terms definitions and thorough explanations along with formulas for Business studies 0450 students. IGCSE Business Studies: Questions and Answers 3 Chapter 1.3 Factors of Production Questions a. Simple judgment with limited justification/limited evaluation of choices made. GCSE Business Studies will do more than just equip you with the required knowledge for business success. Level of output (1) where UDig extract the least amount of coal (1) could be closed as it will make fewer sales revenue. Our IGCSE Business Studies tutors provide a foundation for further study at Level 2 and 3 of the National qualifications. This study guide is going to be about IGCSE Business Studies, Third Edition by Karen Borrington and Peter Stimpson. Customers book appointments using the telephone and Bethany later telephones them to remind them when an appointment is due. Tutopiya offers a wide range of printable study planners and materials that will aid students in their preparation towards exams, Outline how the appreciation of country B’s exchange rate might affect UDig. This is my third blog looking at how to develop your exam skills and maximise your marks in GCSE (AQA) Business Studies. Application is all about applying concepts and theory to the case study mentioned in the questions. Knowledge is the foundation of each question and makes up 40% of your final grade. I took the 0450 exam in the March of 2018 and was awarded an A* To prepare for the business studies examination, I would advise you to first go through the entire book. From judging the candidate’s knowledge and ability to apply, analyze and evaluate information, the examiners look at all aspects of the candidate’s answers. Candidates discussing all three factors in detail, in context and with well-justified conclusion/recommendation including why the alternative points are rejected should be rewarded with the top marks in the band. Then the student should focus on questions that are allocated more marks, calculations and require analysis. 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. The aims for IGCSE Business Studies are to be found in the syllabus. 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. Just study like you study any subject in IGCSE. 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. 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 Tutopiya offers a pool of expert and internationally qualified IGCSE Business Studies tutors. Prepping for the IGCSE Business Studies examinations can be made easy if you know how to organize and plan. Paper 2 is 1 hour and 30 minutes long and makes up for 50% of the total grade. With customized lesson plans, feedback, lifetime access to resources the students are in safe hands. Be prepared well before three months of exam. More. (1), Ease of access (1) of the eight locations (1) as sites difficult to reach could help lower transport costs. Introduction. 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. Data response questions require students to answer questions based on the data provided in Paper 1. This GCSE course provides you with knowledge and understanding upon which you can build through further study. A 1 mark question will mostly ask the student to ‘define’ or ‘give an example’ of a keyword. 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? For this reason, when students answer questions it is critical to go back and review the information. Using study planners to keep track of progress and chapters studied will help organize students. However, she has been a sole trader for 10 years and wants the business to stay small. This Study Guide has been written especially for students preparing from the University of Cambridge International Examination IGCSE Business Studies syllabus. Your email address will not be published. According to Cambridge UK Syllabus Content of IGCSE Business Studies (0450) is divided into 6 major sections. Is the business a single product or multi-product firm and which product lines are loss making? The best way to manage time in the examinations is the age-old trick of focusing on easy questions first. Economic growth has been high for the last few years. Satisficing/happy with the level of profit. Prepping for the IGCSE Business Studies examinations can be made easy if you know how to organize and plan. The world of Business affects all of us and influences our daily lives greatly. 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. Instead, think long term. It can be very helpful to learn a short definition and example for each of the key words on the syllabus. Tutors are handpicked and trained to provide full-proof guidance and support for IGCSE Business Studies irrespective student’s level of understanding. Refer textbooks and sources provided by the Wisdom Academy institute for better explanations. Examiners grade answers on the basis of the evaluations students provide. Candidates outlining three factors in context should be rewarded with the top marks in the band. To show application skills the students should link their answers, theories and explanation to the business in the case study question. GET ALL YOU NEED TO SCORE THE BEST GRADE. Hence, the student will know what points need to be made in the answer and what examples need to be given. (1) The business idea is all her own and so she does not want any conflict which might cause important decisions to be delayed giving problems for the business. These are a description of the educational purposes of the course. The Managing Director said: ‘I blame the appreciation of country B’s exchange rate and new legal controls, including those to protect the environment. Now that work has been done for you so use these pre-prepared case 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 … Making simple changes to your study routines will help the candidates ace the examinations. Data is provided in the form of graphs, statistics, short case studies, and picture or illustrations. Justify your answer. Try to engage in communtities like the Xtremepapers commnuty where you get to discuss specific questions with other colleagues from around the world. Business Studies IGCSE. Bethany owns The BB Health Spa in Main City in country X. Tutopiya IGCSE Business Studies Comprehensive Free Notes and Tips 2019 are documented under the subheadings of the TWO papers that all candidates take for the examination. SIGN UP. As a result, students lose marks in meeting this assessment objective of Analysis. Therefore, it is essential to have a secure knowledge base of all the key words and concepts on the syllabus. Beginning sentences with “this means that” or “this will impact the business positively because”. The assessment objective of Analysis makes up for 25% of the grade. So, it makes it easier for candidates to address the assessment objectives in their answer. There is really no need to work your butt off for the internal examinations or try to impress your teachers because, in the IGCSEs, "only the boards matter! Firstly, award 1 mark for identification of each relevant factor (maximum of 2). Your email address will not be published. Judgment with some justification/some evaluation of choices made. Evaluation makes up for 15% of the grade and is the most difficult assessment criteria. A set of 15 case studies for use in GCSE Business Studies. (1), Explain two factors UDig should consider when deciding which mines to close (6 marks). Bethany employs two qualified workers to provide the treatments for customers. All credit goes to the authors. It is all about explaining the effect a problem has on an issue or a business. They are simple and easy to read memorize and understand. It will be helpful to study in groups with friends. Making simple changes to your study routines will help the candidates ace the examinations. A café serving coffee, tea and snacks ii. 1.Both papers are out of 60 marks and are worth 75% of the total marks for the GCSE – make sure you revise every word mentioned on the specification carefully! It supplies businesses in country B with 30% of the coal they need and the rest is imported. 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… (12 marks). (1). Well-justified conclusion/recommendation. Students should justify why particular decisions were made when answering a question. If you have Cambridge IGCSE Business Studies 4th edition then these summary notes are perfect for you. Hence, highlighting the important keywords, statistics, and question words help students organize their answers in a methodical manner. Cambridge IGCSE Business Studies develops learners' understanding of business activity in multiple sectors and the importance of innovation and change. I have finished IGCSE business studies paper 1 exam and I'm preparing for paper 2 on this Wednesday, May 30. The customers of The BB Health Spa are people of all ages who are interested in their health. The IGCSE Business Studies curriculum has been created with certain assessment objectives in mind. In Paper 1 the student will find various questions that might require him or her to do calculations based on the problems provided. 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. Available now – IGCSE Business Studies (0450) Complete Model Answers. 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. Relax, enjoy and have fun throughout the year. Students explore how business ideas are created and developed. PRACTICE QUESTIONS. Bethany herself also provides customers with treatments. TutorComps Online tutoring UK, enables students to progress directly to employment or to proceed to further study. This GCSE course provides you with knowledge and understanding upon which you can build through further study. Paper 1 and 2 will have questions based on fictional businesses. 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) . Q. Some spas nearby have the latest equipment but these spas charge much higher prices than The BB Health Spa. Class Clips for Business Studies GCSE can now be found alongside the content at BBC Bitesize. This will threaten 1800 employees with redundancy. Topics include Business Environment, Business Organisations, Organisation Structure, Supporting and Controlling Business Activity, Managing Human Resources, Finance and Accounting and Marketing Production The important components of the syllabus include the following: The aims of the syllabus. Sound application of knowledge and understanding of relevant business concepts using appropriate terminology. These assessment objectives are the key aspects that will be assessed during the examinations. UDig now has eight mines but plans to close two of them. Such questions require providing a ‘definition, an example for application and some analysis from the student. 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. As a regular practice, it is advisable to students to carry out the timed practice of past papers to help them understand how much time needs to be spent on each question. Moreover, they help explain the theories and key concepts in IGCSE Business Studies. External influences on business activity, 6.1 Government economic objectives and policies, IGCSE Maths Percentage increase and decrease. Just the idea that Paper 1 has short answers and data response questions, makes it easier to assume that managing time in this Paper will be a piece of cake. This course will introduce you to the essential components of any business, including marketing, business operations and economics. Short answer questions require the students to show their knowledge of IGCSE Business Studies keywords and key concepts through questions like ‘Define’ and ‘Give examples of ‘. Even in Paper 2 the marks rewarded for each question are allocated on the right-hand side of the question. Making flashcards and short notes to help remember and understand keywords and concepts will benefit the students. 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. Highlighting are two techniques that students can use these pre-prepared case Studies prepping for IGCSE. Made to this their answers in a question foundation of each question are given on the assessment objectives marks... 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