0450 Business Studies Paper 1 Structure – Easy Way

0450 IGCSE Business Studies Paper 1 Structure is made of 4 questions. Each question have 5 parts. Each part with Mark Scheme is defined below. 0450 Business Studies Syllabus 2020 can be of help before reading this article.

Part a) 2 Marks Question

Normally a Definition, Basic Calculation or Identification style question. For detailed explanation of 2 marks question, refer paragraph given above.

Part b) 2 Marks Question

Normally a definition, calculation, Identify advantages / disadvantages, features, reasons or types of a term given. For detailed explanation of 2 marks question, click here.

Part c) 4 Marks Question

This part normally starts by Identify & Explain two Advantages / Disadvantages / Features of a particular business term. The question is similar to 2 marks question in part b, but need an explanation to each advantage / disadvantage / feature is required. This part carries 2 marks for identifying the advantage / disadvantage / feature and 2 marks for explanation of that advantage / disadvantage / feature.

Looking for Help in Business?

Sir Afzal Shad is here to help you out in understanding the syllabus content, how to attempt questions according to Cambridge & Edexcel approved Structure. Also, you can see the lecture videos at our YouTube Channel | Connect at Facebook | Instagram | WhatsApp

Part d) 6 Marks Question

This 6 Marks Part of IGCSE Business Studies consists of two/three parts in 0450 IGCSE Business Studies Paper 1 Structure

If there are 2 sub-parts of this section then each part has 3 marks allocated. Alternatively, if there are 3 sub-parts then 2 marks are allocated for each sub-part. Each part needs an identification as well as explanation. 1 Mark is allocated to Identification 1 for Analysis and 1 mark for each evaluation.

• Knowledge [2 × 1] Award 1 mark for each relevant factor
• Application [2 × 1] Award 1 mark for each relevant reference to this business
• Analysis [2 × 1] Award 1 mark for each relevant explanation

Part e) 6 Marks Question

As per the 0450 Business Studies New 2020 Syllabus, the 6 marks are distributed as per the following criteria;

• Knowledge [1] Award 1 mark for identification of relevant ways(s)
• Application [1] Award 1 mark for a relevant reference to this business
• Analysis [2]: Award up to 2 marks for relevant development of point(s)
• Evaluation [2] Award up to 2 marks for a justified decision on which of the two options DPC should choose.

Part e) 6 Marks Sample Answer – Business Studies Paper 1 Structure

Do you think Lance is right to be concerned about Leroy s plan for growth? Justify your answer.

[Point in Favour of Argument 1] They will be learning about changes in demand patterns.

[AN] Consumers demands will be met, no consumer will leave without buying developing sense of loyalty.

[Point in Favour of Argument 2] For milk & vegetables, delivering fresh & in right quantities is more important.

[AN] going for forward integration would help lance in lowering wastages.

[Point against the Argument] However, lance is moving towards the tertiary sector (selling the products), which requires skillset related to selling the produce.

[AN] Additional trainings might be required along with the time to get experienced in selling the vegetables, milk & eggs to consumers.

[EVALUATION]

[STS /LTS] Rather than getting the training, we can hire an experienced seller who can give training to unskilled employees and can be used later on. (succession planning)

[External Factors] It depends on level of competition in area where we are opening an outlet of vegetables.

Sample Answer by Sir Afzal Shad from IGCSE Business Studies Past Papers Solution Notes

Must Read Topic: How to Attempt 2 marks question in IGCSE Business Studies

If you are looking to get help in IGCSE Business Studies in terms of understanding Business Studies Paper 1 Structure, feel free to comment or contact. My social profiles (Facebook, LinkedIn, Instagram) are mentioned at the end. Feel Free to Contact anytime. If you are IGCSE Business Studies Teacher, feel free to provide feedback on this writing. Your valuable experience matters a lot to me and my students.