Cambridge IGCSE ™: Business Studies
Cambridge IGCSE ™: Business Studies
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Cambridge IGCSE™
Published
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. It does not indicate the
details of the discussions that took place at an Examiners’ meeting before marking began, which would have
considered the acceptability of alternative answers.
Mark schemes should be read in conjunction with the question paper and the Principal Examiner Report for
Teachers.
Cambridge International will not enter into discussions about these mark schemes.
Cambridge International is publishing the mark schemes for the February/March 2023 series for most
Cambridge IGCSE™, Cambridge International A and AS Level components and some Cambridge O Level
components.
These general marking principles must be applied by all examiners when marking candidate answers.
They should be applied alongside the specific content of the mark scheme or generic level descriptors
for a question. Each question paper and mark scheme will also comply with these marking principles.
• the specific content of the mark scheme or the generic level descriptors for the question
• the specific skills defined in the mark scheme or in the generic level descriptors for the question
• the standard of response required by a candidate as exemplified by the standardisation scripts.
Marks awarded are always whole marks (not half marks, or other fractions).
• marks are awarded for correct/valid answers, as defined in the mark scheme. However, credit
is given for valid answers which go beyond the scope of the syllabus and mark scheme,
referring to your Team Leader as appropriate
• marks are awarded when candidates clearly demonstrate what they know and can do
• marks are not deducted for errors
• marks are not deducted for omissions
• answers should only be judged on the quality of spelling, punctuation and grammar when these
features are specifically assessed by the question as indicated by the mark scheme. The
meaning, however, should be unambiguous.
Rules must be applied consistently, e.g. in situations where candidates have not followed
instructions or in the application of generic level descriptors.
Marks should be awarded using the full range of marks defined in the mark scheme for the question
(however; the use of the full mark range may be limited according to the quality of the candidate
responses seen).
Marks awarded are based solely on the requirements as defined in the mark scheme. Marks should
not be awarded with grade thresholds or grade descriptors in mind.
a DO credit answers which are worded differently from the mark scheme if they clearly
convey the same meaning (unless the mark scheme requires a specific term)
b DO credit alternative answers/examples which are not written in the mark scheme if they
are correct
c DO credit answers where candidates give more than one correct answer in one
prompt/numbered/scaffolded space where extended writing is required rather than list-type
answers. For example, questions that require n reasons (e.g. State two reasons …).
d DO NOT credit answers simply for using a ‘key term’ unless that is all that is required.
(Check for evidence it is understood and not used wrongly.)
e DO NOT credit answers which are obviously self-contradicting or trying to cover all
possibilities
f DO NOT give further credit for what is effectively repetition of a correct point already
credited unless the language itself is being tested. This applies equally to ‘mirror
statements’ (i.e. polluted/not polluted).
g DO NOT require spellings to be correct, unless this is part of the test. However spellings of
syllabus terms must allow for clear and unambiguous separation from other syllabus terms
with which they may be confused (e.g. Corrasion/Corrosion)
3 Calculation questions:
• The mark scheme will show the steps in the most likely correct method(s), the mark for
each step, the correct answer(s) and the mark for each answer
• If working/explanation is considered essential for full credit, this will be indicated in the
question paper and in the mark scheme. In all other instances, the correct answer to a
calculation should be given full credit, even if no supporting working is shown.
• Where the candidate uses a valid method which is not covered by the mark scheme,
award equivalent marks for reaching equivalent stages.
• Where an answer makes use of a candidate’s own incorrect figure from previous working,
the ‘own figure rule’ applies: full marks will be given if a correct and complete method is
used. Further guidance will be included in the mark scheme where necessary and any
exceptions to this general principle will be noted.
4 Annotation:
• For point marking, ticks can be used to indicate correct answers and crosses can be used
to indicate wrong answers. There is no direct relationship between ticks and marks. Ticks
have no defined meaning for levels of response marking.
• For levels of response marking, the level awarded should be annotated on the script.
• Other annotations will be used by examiners as agreed during standardisation, and the
meaning will be understood by all examiners who marked that paper.
BOD Benefit of doubt Used when the benefit of the doubt is given in order to reward
a response.
TV Too vague Used when parts of the answer are considered to be too
vague.
NAQ Not answered Used when the answer or parts of the answer are not
question answering the question asked.
OFR Own figure rule If a mistake is made in a calculation, and the incorrect figure
that results from the mistake is used for subsequent
calculations.
SEEN Noted but no credit Indicates that content has been recognised but not rewarded.
given
For example: A high level of output can be produced (1) of paint for wooden
furniture manufacturers (app) leading to a potential increase in sales (1) and
possibly higher revenue and profit for the business (1).
1(b) Consider how the following three changes may affect RW. Which 12
change is likely to have the most effect on RW’s revenue? Justify your
answer.
0 No creditable response. 0
2(b) Using Appendix 2 and other information, consider the three possible 12
locations for RW’s new factory. Which location should RW choose?
Justify your answer.
0 No creditable response. 0
2(b)
Location Advantages Disadvantages
For example: Should be paid at least the legal minimum wage (1) which
prevents strong employers exploiting workers by paying wages that do not
meet their basic needs (1).
0 No creditable response. 0
3(b)
Training method Advantages Disadvantages
4(a) Explain two external benefits and two external costs from RW’s 8
factories.
One mark for each external benefit /cost (max 2 external benefits / max 2
external costs).
Award a maximum of 1 additional mark for each explanation in the context
of RW of the external benefit/cost.
For example: An external benefit will be the tax paid to the government (1)
out of the profit made by RW from selling paint (app).
Application could include: paint; wooden furniture; furniture manufacturers;
100 skilled employees; 1 million tins of paint produced; public limited
company; specialist shops; new factory; importing raw materials; maintain
the machinery.
0 No creditable response. 0