Cambridge O Level Business Studies 7115 Mark Scheme

Cambridge O Level Business Studies 7115 Mark Scheme

Cambridge O Level Business Studies 7115 mark scheme provides detailed grading criteria and answers for the May/June 2020 examination. It outlines the marking principles and specific content requirements for each question, ensuring clarity for educators and students. This resource is essential for understanding how to effectively assess student performance in business studies. It includes various topics relevant to the syllabus, making it a comprehensive guide for exam preparation.

Key Points

  • Detailed marking criteria for Cambridge O Level Business Studies
  • Guidance on assessing student performance in business studies
, ,
  • Ayesha Siddiqui
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This document consists of 14 printed pages.
©
UCLES 2020
[Turn ove
r
Cambridge O Level
BUSINESS STUDIES 7115/22
Paper 2 Case Study May/June 2020
MARK SCHEME
Maximum Mark: 80
Published
Students did not sit exam papers in the June 2020 series due to the Covid-19 global pandemic.
This mark scheme is published to support teachers and students and should be read together with the
question paper. It shows the requirements of the exam. The answer column of the mark scheme shows the
proposed basis on which Examiners would award marks for this exam. Where appropriate, this column also
provides the most likely acceptable alternative responses expected from students. Examiners usually review
the mark scheme after they have seen student responses and update the mark scheme if appropriate. In the
June series, Examiners were unable to consider the acceptability of alternative responses, as there were no
student responses to consider.
Mark schemes should usually be read together with the Principal Examiner Report for Teachers. However,
because students did not sit exam papers, there is no Principal Examiner Report for Teachers for the June
2020 series.
Cambridge International will not enter into discussions about these mark schemes.
Cambridge International is publishing the mark schemes for the June 2020 series for most Cambridge
IGCSE™ and Cambridge International A & AS Level components, and some Cambridge O Level
components.
7115/22 Cambridge O Level – Mark Scheme
PUBLISHED
May/June 2020
© UCLES 2020 Page 2 of 14
Generic Marking Principles
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.
GENERIC MARKING PRINCIPLE 1:
Marks must be awarded in line with:
• 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.
GENERIC MARKING PRINCIPLE 2:
Marks awarded are always whole marks (not half marks, or other fractions).
GENERIC MARKING PRINCIPLE 3:
Marks must be awarded positively:
• 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.
GENERIC MARKING PRINCIPLE 4:
Rules must be applied consistently e.g. in situations where candidates have not followed
instructions or in the application of generic level descriptors.
GENERIC MARKING PRINCIPLE 5:
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).
GENERIC MARKING PRINCIPLE 6:
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.
7115/22 Cambridge O Level – Mark Scheme
PUBLISHED
May/June 2020
© UCLES 2020 Page 3 of 14
Question Answer Marks
1(a) Explain one benefit and one problem for ES of taking over other
businesses.
Award 1 mark for each relevant benefit/problem (maximum of two):
Relevant benefits might include:
• Assets already set up for use – can use existing scooter factories and
skilled employees
• Makes it quicker to grow – as the existing production facilities can be
used to increase the output of scooters – faster than setting up own
factories
• Have access to ready trained/skilled staff
Relevant problems might include:
• High cost of buying other business – may need to sell additional shares
on the stock exchange
• May be difficult integrating the two companies – as the way of working
may be very different in the smaller scooter businesses – and
employees may not like the changes – leading to less efficiency
• More difficult to control larger business – many more skilled employees
in the business – possible diseconomies of scale
Award a maximum of 3 additional marks for each explanation of the benefits
and problems of growing by taking over other businesses – one of which
must be applied to this context.
For example:
The cost of buying other companies is high (1) and ES will have to raise large
amounts of funds to allow them to do this (1). As a public limited company
(app), it could sell additional shares to raise the finance, but this may lead to
the existing shareholders losing some control over the business (1).
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FAQs of Cambridge O Level Business Studies 7115 Mark Scheme

What are the key marking principles for the Cambridge O Level Business Studies exam?
The marking principles for the Cambridge O Level Business Studies exam emphasize the importance of awarding marks based on specific content requirements and skills defined in the mark scheme. Examiners are instructed to apply these principles consistently, ensuring that marks are awarded positively for valid answers. Additionally, the principles highlight the necessity of using the full range of marks available and ensuring clarity in communication between examiners.
How does the mark scheme assist teachers in evaluating student performance?
The mark scheme assists teachers by providing a clear framework for evaluating student performance in the Cambridge O Level Business Studies exam. It outlines specific criteria for each question, allowing teachers to assess answers based on predetermined standards. This ensures that grading is fair and consistent, helping educators identify areas where students excel or need improvement.
What topics are covered in the Cambridge O Level Business Studies mark scheme?
The Cambridge O Level Business Studies mark scheme covers a wide range of topics relevant to the syllabus, including business management, marketing, finance, and operations. Each section provides detailed guidance on how to approach questions, ensuring that students understand the expectations for their responses and can prepare effectively for the examination.
What is the significance of the mark scheme for students preparing for exams?
The mark scheme is significant for students as it provides insight into how their answers will be evaluated. By understanding the marking criteria and the types of responses that earn marks, students can tailor their study strategies to focus on key areas. This resource helps them grasp the expectations of the examiners, ultimately leading to better performance.

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