P1 & P2 (SL)

● Paper 1 assesses students' knowledge and understanding of key business concepts

and theories. It consists of a multiple-choice section, followed by a series of
short-answer questions that require students to apply their knowledge to real-world
scenarios.
● Paper 2 assesses students' ability to analyze and evaluate business information. It
consists of a case study that students must read and analyze, followed by a series of
structured questions that require students to apply their knowledge and understanding
of business concepts and theories to the case study.
● Paper 3 assesses students' ability to evaluate and synthesize business information. It
consists of four extended-response questions, each focused on a different topic within
the syllabus. Students must choose two of the four questions to answer, and are
expected to demonstrate their ability to critically evaluate business concepts and
theories, as well as their ability to apply these concepts and theories to real-world
scenarios.
P1 (SL & HL)
● Instructions to candidates
● Do not open this examination paper until instructed to do so.
● Read the case study carefully.
● Section A: answer all questions.
● Section B: answer one question.
● A calculator is required for this examination paper.
● The maximum mark for this examination paper is [30 marks]
Section A
➔ All questions to be answered
➔ Two definition questions total 4 marks
➔ 4 marks question on marketing mix
➔ Advantage / Disadvantage of small business 4 marks
➔ Reasoning question 2 marks
➔ Question on ethical objectives 6 marks
Section B
➢ Answer one question of two
➢ One is to discuss sources of finance and reasoning question 10 marks
➢ Other is reasoning question 10 marks related to purchase offer
Marks assigned
P2 SL
● Instructions to candidates
Do not open this examination paper until instructed to do so.
● A clean copy of the business management formulae sheet is required for this
examination paper.
● Section A: answer all questions.
● Section B: answer one question.
● Answers must be written within the answer boxes provided.
● A calculator is required for this examination paper.
● The maximum mark for this examination paper is [40 marks]
Section A
Question 1(a) is advantages of Private limited company
Question (b) is based on calculating:
➔ Payback period
➔ Average rate of return
And comments on either of them.
Q1(c) is about explaining and reasoning for a specific manufacturing GM does for
ISS
Q2.
● 2 advantages of sole trader
● Preparing cash-flow forecast for four months of operation
● Give comment on whether or not the company should continue to operate
after 2 years
Q3.
● 2 features of social enterprise
● Comment on the data sets of fig.1
● Calculate from the table the total liabilities, capital, surplus
● Discuss rewards and challenges of company
Q4.
● Define mass customization
● Use data to calculate sales revenue
● Make gross profit margin and profit margin
● Calculate forecasted sales revenue
Q5.
● Calculate forecasted contribution per unit
● Calculate forecasted profit margin for a specific year
● Evaluate decision of the company
Individual student Reflection
Paper 1 and Paper 2 both mainly consisted concept based question required the
student to give comments, suggestions, reasoning, and point out the challenges of
the company. In Paper 2 student is expected to do calculations based upon
diagrams, figures or table provided. Student is also expected to make forecasts,
make gross profit margins/ profit margins or