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9225 Paper 2 Mark Scheme International Gcse Business Jun22

The document is the mark scheme for the International GCSE Business Paper 2 from June 2022, detailing the assessment criteria and marking guidance for examiners. It includes instructions on how to evaluate student responses, the structure of the mark scheme, and specific questions with corresponding answers and marks. The document emphasizes the importance of standardization in marking and provides examples of acceptable answers for various questions.

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0% found this document useful (0 votes)
41 views21 pages

9225 Paper 2 Mark Scheme International Gcse Business Jun22

The document is the mark scheme for the International GCSE Business Paper 2 from June 2022, detailing the assessment criteria and marking guidance for examiners. It includes instructions on how to evaluate student responses, the structure of the mark scheme, and specific questions with corresponding answers and marks. The document emphasizes the importance of standardization in marking and provides examples of acceptable answers for various questions.

Uploaded by

yummypotato29
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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INTERNATIONAL GCSE

BUSINESS
9225/2
Paper 2 Influences of Marketing and Finance on Business Activity

Mark scheme
June 2022
Version: 1.0 Final Mark Scheme

*226Y9225/2/MS*
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant
questions, by a panel of subject teachers. This mark scheme includes any amendments made at the
standardisation events which all associates participate in and is the scheme which was used by them in
this examination. The standardisation process ensures that the mark scheme covers the students’
responses to questions and that every associate understands and applies it in the same correct way.
As preparation for standardisation each associate analyses a number of students’ scripts. Alternative
answers not already covered by the mark scheme are discussed and legislated for. If, after the
standardisation process, associates encounter unusual answers which have not been raised they are
required to refer these to the Lead Examiner.

It must be stressed that a mark scheme is a working document, in many cases further developed and
expanded on the basis of students’ reactions to a particular paper. Assumptions about future mark
schemes on the basis of one year’s document should be avoided; whilst the guiding principles of
assessment remain constant, details will change, depending on the content of a particular examination
paper.

Further copies of this mark scheme are available from oxfordaqaexams.org.uk

Copyright Information

OxfordAQA retains the copyright on all its publications. However, registered schools/colleges for OxfordAQA are permitted to copy material from this booklet for
their own internal use, with the following important exception: OxfordAQA cannot give permission to schools/colleges to photocopy any material that is
acknowledged to a third party even for internal use within the centre.

Copyright © 2022 Oxford International AQA Examinations and its licensors. All rights reserved.

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MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Level of response marking instructions


Level of response mark schemes are broken down into levels, each of which has a descriptor. The
descriptor for the level shows the average performance for the level. There are marks in each level.

Before you apply the mark scheme to a student’s answer read through the answer and annotate it (as
instructed) to show the qualities that are being looked for. You can then apply the mark scheme.

Step 1 Determine a level


Start at the lowest level of the mark scheme and use it as a ladder to see whether the answer meets the
descriptor for that level. The descriptor for the level indicates the different qualities that might be seen in
the student’s answer for that level. If it meets the lowest level then go to the next one and decide if it
meets this level, and so on, until you have a match between the level descriptor and the answer. With
practice and familiarity you will find that for better answers you will be able to quickly skip through the
lower levels of the mark scheme.

When assigning a level you should look at the overall quality of the answer and not look to pick holes in
small and specific parts of the answer where the student has not performed quite as well as the rest. If
the answer covers different aspects of different levels of the mark scheme you should use a best fit
approach for defining the level and then use the variability of the response to help decide the mark within
the level, ie if the response is predominantly level 3 with a small amount of level 4 material it would be
placed in level 3 but be awarded a mark near the top of the level because of the level 4 content.

Step 2 Determine a mark


Once you have assigned a level you need to decide on the mark. The descriptors on how to allocate
marks can help with this. The exemplar materials used during standardisation will help. There will be an
answer in the standardising materials which will correspond with each level of the mark scheme. This
answer will have been awarded a mark by the Lead Examiner. You can compare the student’s answer
with the example to determine if it is the same standard, better or worse than the example. You can then
use this to allocate a mark for the answer based on the Lead Examiner’s mark on the example.

You may well need to read back through the answer as you apply the mark scheme to clarify points and
assure yourself that the level and the mark are appropriate.

Indicative content in the mark scheme is provided as a guide for examiners. It is not intended to be
exhaustive and you must credit other valid points. Students do not have to cover all of the points
mentioned in the Indicative content to reach the highest level of the mark scheme.

An answer which contains nothing of relevance to the question must be awarded no marks.

3
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Marking guidance

• Read the response as a whole; follow the flow of reasoning as a whole.


• Remember that the indicative content provides possible lines of argument but there may be others that
are equally valid. Be willing to credit other lines of argument.
• Annotate the script as you read using the annotations for application, analysis and evaluation shown
below.
• Refer back to the standardisation scripts and guidance to help you benchmark. Marking must be in
line with the standard agreed at standardisation. Refer back to standardisation scripts regularly.
• Summarise your findings briefly at the end of the response. This will help you decide on the overall
level and is helpful for others to understand the mark given. Make sure the comments fit with the level
awarded.
• Within your comment put the level awarded, eg L4, and any further explanation of that decision
needed most commonly where performance has varied across the answer.
• If in doubt about an approach contact your Team Leader, so that we can ensure we have a
standardised approach across all marking.
• Be positive in your marking. Look to reward what is there.

Standard annotations:

Annotation Skill being evidenced


Uses context AO2 – application to context

Analysed in depth
Partial analysis AO3 - analysis
Simplistic analysis

Evaluation fully justified


Evaluation with some justification AO3 - evaluation
Evaluation with limited justification
Evaluation with no justification

4
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Section A Total for this section: 15 marks

Total
Question Part Marking guidance
marks

01 Which one of the following is an advantage of being a sole trader? 1

Answer: B (Does not have to share profits) AO1=1

Total
Question Part Marking guidance
marks

02 Which one of the following stakeholders will benefit from a 1


business closing down?
AO1=1
Answer: A (Competitors)

Total
Question Part Marking guidance
marks

03 Which one of the following is a variable cost? 1

Answer: C (Raw materials) AO1=1

Total
Question Part Marking guidance
marks

04 The four elements of product, price, promotion and place are 1


known as:
AO1=1
Answer: D (Marketing mix)

Total
Question Part Marking guidance
marks

05 Which one of the following is a pricing strategy that sets a high 1


price for a new product at first and then lowers this over time?
AO1=1
Answer: D (Price skimming)

5
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

06 Explain what is meant by ‘quantitative market research’. 2

One mark for identifying research that can be measured, plus one AO1=2
mark for development such as involving large samples.

Possible answers include:

• research dealing with large samples


• research that generates results that can be measured or
counted
• research that uses closed questions or limited options
• collection of numerical data.

Specimen response:

Quantitative research generates results that can be measured or


counted (1) and usually involves very large samples (1).

Total
Question Part Marking guidance
marks

07 Explain why it is important for a business to satisfy customers’ 2


expectations.
AO1=2
One mark for identifying a valid reason, plus one mark for offering
some explanation or development.

Possible answers include:

• will attract more customers leading to increased sales


• will improve the name and brand of the business
• promotes consumer loyalty and retention
• can act as a USP
• will increase the competitive edge of the business
• will lead to positive customer reviews.

Specimen response:

Satisfying customers’ expectations will attract more customers (1).


This is likely to lead to an increase in sales and profits (1).

6
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

08 Explain one way a business can minimise risk. 2

One mark for identifying a valid way, plus one mark for offering AO1=2
some explanation or development.

Possible answers include:

• ensure that products or services are of high quality


• limited liability to reduce owner’s risk
• market research
• have a range of diversified products or services
• careful business planning
• continuous cash flow management
• purchase insurance
• manage loans effectively
• develop the business reputation and brand.

Specimen response:

A business can minimise risk by making sure that products are of a


high quality (1). This will build the reputation of the business, win
the trust of consumers and ensure ongoing sales and profit (1).

7
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

09 Identify and explain two ways in which a business might be affected 4


by an increase in the number of unemployed people in the country.
AO1=4
One mark for identifying a valid way, plus one mark for offering
some explanation or development. (2x2)

Possible answers include:

• lower sales because consumers will have less income, so will


spend less
• profits could fall as consumers may choose to shop at other
businesses where goods are cheaper
• less staff turnover as employees are less likely to be able to find
other jobs or want to move
• recruiting new staff becomes easier - there will be more
applicants for each vacancy
• greater supply of labour means potentially lower wage/salary
levels
• possibility of a high-quality field of applicants.

Markers note: award – sales/profit increase if the answer talks


about a fall in income resulting in consumers purchasing more
goods that are cheap(er).

Specimen response:

The business will have fewer sales (1) because consumers will
have less money to spend (1).

8
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Section B Total for this section: 75 marks

Total
Question Part Marking guidance
marks

10 1 Identify and explain one disadvantage of using a loan to start-up 2


RRC.
AO1=1
One mark for identifying a valid disadvantage, plus one mark for AO2=1
offering development related to RRC/start-up.

Possible answers include:

• as a start-up it may be difficult to acquire a loan


• will not cover all the funding needed
• has to be paid back
• interest payments have to be met whether RRC is making a
profit or not
• interest rate rises.

Specimen answer:

It may be difficult for RRC to acquire a loan (1) because it is a


start-up business (1).

Total
Question Part Marking guidance
marks

10 2 RRC took a loan and sold shares in the business when it started. 4

Identify and explain two other sources of finance that RRC could AO1=2
have used when starting up. AO2=2

One mark for identifying a valid source, plus one mark for offering
some context related to starting a business. (2x2)

Possible answers include:

• family and friends


• government grant
• charitable grant
• crowdfunding
• overdraft
• mortgage
• owner’s personal capital/savings.

Specimen response:

9
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

RRC could use a government grant. (1) This is because the


government may wish to encourage start-ups such as RRC to
create new jobs (1).

Total
Question Part Marking guidance
marks

10 3 Identify and explain two benefits to RRC of being a limited liability 6


business.
AO1=2
1 mark for identifying a suitable benefit, 1 mark for providing some AO2=4
valid development and 1 mark for incorporating the context. (2x3)

Possible answers include:

• recognised as a separate legal entity


• owners not responsible for company debts
• easier for RRC to secure business finance to grow the business
• can issue shares to raise additional finance
• increased credibility and recognition.

Specimen response:

As a limited company RRC is recognised as a separate legal entity


(1). If RRC gets into financial trouble and cannot pay back the
60 000 SGD (1), there is no personal liability to shareholders for
any financial losses (1).

Total
Question Part Marking guidance
marks

10 4 Using Table 1, calculate the percentage increase in basic wage 2


costs from 2019 to 2021. Show your calculations. AO1=1
AO2=1
1.5 – 0.8 = 0.7 (1)
0.7 / 0.8 x100 = 87.5% (1) OFR

10
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

10 5 Explain two problems that RRC could experience from its decision 6
to reduce the number of office-based staff. AO1=2
AO2=4
1 mark for identifying a valid problem, 1 mark for providing some
valid development and 1 mark for incorporating the context. (2x3)

Possible answers include:

• poor communication
• coordination issues
• reduced staff motivation/well-being
• security of data
• management issues
• quality issues
• problem solving issues
• lack of teamwork.

Specimen response:
Department managers may become demotivated and feel
devalued by the business (1). They may feel that they are no
longer valued as much as they were before as most of their staff
are now working from home (1). As a result, they may
underperform and be less efficient in their work (1).

Total
Question Part Marking guidance
marks

10 6 Analyse the benefits to RRC of using franchising to expand the 6


business. AO2=2
AO3=4
Possible answers include:

• enables RRC to grow rapidly which will increase sales and


receive profits from the franchisee
• will reduce overheads
• franchisees are responsible for their company’s success, so they
are likely to be highly motivated
• only have to invest a limited amount of capital in each franchise.

Specimen response:

RRC will only have to invest a limited amount of capital in each


franchise and not have to risk their capital. In addition, franchisees
are responsible for their company’s success, so they are likely to
be highly motivated. This will enable RRC to grow rapidly which is
likely to increase sales and profit. Furthermore, RRC will not have
to expand by recruiting more staff or opening more offices. This
will reduce both the cost and the risks to RRC and will also

11
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

increase RRC’s competitiveness. Franchising will also reduce


overheads, improve cash flow and RRC’s profitability. RRC’s
reputation and brand will also grow which will ensure repeat
business. (L3).

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. Due to the greater number of marks
available for AO3, answers at level 3 will have a greater depth of analysis (AO3) but may show similar
levels of application of knowledge and understanding (AO2) to a level 2 answer.

Level Marks Descriptor

3 5–6 Detailed analysis of topics based on the context


AO3×2 • Business areas are analysed in depth.
• Applies knowledge and understanding to the context sufficiently, throughout
the answer.

2 3–4 Sound analysis of topics based on the context


AO3 • Business areas are partially analysed.
AO2 • Applies knowledge and understanding to the context sufficiently, in most
areas.

1 1–2 Basic analysis of topics based on the context


AO3 • Analysis of business areas is simplistic.
AO2 • Knowledge and understanding is applied to the context, but may be
fragmented.

0 0 Nothing worthy of credit.

12
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

10 7 RRC is considering changing its current pricing strategy. 12

Using information from Items A, B, C and D: AO2=4


AO3=8
• analyse the arguments for and against RRC changing its current
pricing strategy
• use your analysis to recommend whether RRC should change
its current pricing strategy.

Possible answers include:

Arguments for:

• RRC has the largest market share and could lower its prices to
drive out competitors thereby countering their price advantage
• RRC could focus on competitive pricing simply to maintain its
market share and leadership
• RRC has the resources that will enable it to set prices that its
competitors cannot match
• RRC is already established in the market with a good reputation
which will make it easier to change prices in order to retain sales
and revenue
• the demand for RRC services is high which would allow it to
charge prices based on the level of service provided.

Arguments against:

• competitors have yet to gain a foothold in the market


• existing businesses are happy with RRC’s current pricing model
as demand for their services is greater than RRC can supply
• lowering prices could increase sales but revenue could fall
• RRC has time to review its pricing model and does not need to
react immediately to the competitive threat
• setting prices equal to or lower than competitors’ prices, could
be risky.

Possible themes for evaluation

RRC has not previously needed to focus on pricing. This could be


a good opportunity for them to explore different pricing strategies.

RRC is already established with a high demand for its services.


Existing customers may not be motivated by lower prices but could
be influenced by other factors such as more service provision
offers.

Focusing on pricing strategies may not be the answer. RRC could


choose to focus on differentiating their service from competitors’
services. For example, RRC could offer dedicated customer
service reps to answer questions and resolve issues within a very
short timeframe as part of a premium service package.

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MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

RRC is an established company with a good reputation and could


simply respond by using promotional pricing to boost sales and
revenue. Changing its pricing strategy may give RRC more power
in the market but it could be a costly and risky venture.

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. More weight should therefore be given to
AO3 than AO2.

Level Marks Descriptor

4 10–12 Detailed analysis and evaluation of topics based on the context


• Coherent line of reasoning followed, which is sustained, relevant and
AO3 substantiated. There is a focused conclusion that is fully justified and follows
clearly from the analysis.
• Business areas are analysed in depth.
AO3 • Knowledge and understanding is consistently detailed and appropriately
AO2 applied within context.

3 7–9 Sound analysis and evaluation of topics based on the context


• Coherent line of reasoning given and the conclusion is appropriate and
AO3 related to the preceding analysis.
• Business areas are partially analysed.
AO3 • Knowledge and understanding is detailed and appropriately applied within
AO2 context.

2 4–6 Limited attempt made to analyse the topics based on the context
• Evidence of some line of reasoning, with a conclusion that has limited
AO3 justification.
• Analysis of business areas is simplistic.
AO3 • Some knowledge and understanding is applied within context.
AO2

1 1–3 Basic evaluation of topics but without any real support or analysis
AO3 • A conclusion is present but without any reasoned support.
AO3 • No discernible or relevant analysis.
AO2 • A clear attempt to apply knowledge and understanding, but context may be
lacking.

0 0 Nothing worthy of credit.

14
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

11 1 Calculate SDL’s net profit margin in 2021. Give your answer to 2


one decimal place.
AO1=1
9 x 100 (1) = 18.37% AO2=1
49
18.4 %(1)

Answer = 18.4% (% sign not required)

2 marks for correct answer without working shown


1 mark for 18.37

OR
2 marks for rounding to 0.2
1 mark for 0.1836.. (1)

Total
Question Part Marking guidance
marks

11 2 Analyse how conducting market research may have led to the 6


success of SDL. AO2=2
AO3=4
Possible answers include:

• can gain insight into potential customers and attract them to


SDL’s products
• can listen to customers and provide SDL with what it wants
thereby increasing customer loyalty
• identify new market opportunities through understanding which
of SDL’s products are attractive to customers
• finding out what other companies are doing and offering better
• understanding the current market conditions
• testing the feasibility of SDL’s products before bringing them to
market.

Specimen response:

SDL was able to gain an understanding of whether its ethical


objectives were likely to attract customers. They would have been
able to test whether the emphasis on producing clothes in an
ethical and sustainable way would be attractive to customers. This
enabled SDL to successfully launch its products which built the
company’s reputation and established its brand. SDL was able to
listen to customers and provide them with what they desired,
resulting in increased customer satisfaction and loyalty. This
ensured repeat purchases, which in turn, boosted sales and profit.
(L3).

15
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. Due to the greater number of marks
available for AO3, answers at level 3 will have a greater depth of analysis (AO3) but may show similar
levels of application of knowledge and understanding (AO2) to a level 2 answer.

Level Marks Descriptor

3 5–6 Detailed analysis of topics based on the context


AO3×2 • Business areas are analysed in depth.
• Applies knowledge and understanding to the context sufficiently, throughout
the answer.

2 3–4 Sound analysis of topics based on the context


AO3 • Business areas are partially analysed.
AO2 • Applies knowledge and understanding to the context sufficiently, in most
areas.

1 1–2 Basic analysis of topics based on the context


AO3 • Analysis of business areas is simplistic.
AO2 • Knowledge and understanding is applied to the context, but may be
fragmented.

0 0 Nothing worthy of credit.

Total
Question Part Marking guidance
marks

11 3 Explain what is meant by ‘non-current assets’. 2

One mark for making a valid point, plus one mark for offering some AO1=2
explanation or appropriate examples.

Possible answers include:

• items owned by a business that it expects to keep in the


business for more than one year
• Items owned by a business such as buildings
• investments that will be used for a long time
• IT equipment and machinery.

Specimen response:

Non-current assets are items owned by a business (1) that it


expects to keep in the business for more than one year (1).

16
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

11 4 Using the information in Tables 2 and Table 3, analyse how 6


SDL’s financial position has changed during 2021.
AO2=2
NB - no credit will be given to answers that just describe the data AO3=4
changes without any attempt to analyse them.

Possible answers include:

• SDL’s liquidity (ability to pay short term debts) has reduced, but
there are just enough current assets to cover the current
liabilities
• SDL has invested in non-current assets (fixed assets) but this
seems to have been mostly funded by loans/mortgages (non-
current liabilities) which is a long-term commitment for the
business
• Share capital has remained the same so SDL has not issued
more shares to fund its expansion relying on retained profit and
loans which carries a risk as the loans need regular repayments
and interest
• Retained profits have fallen which could be because net profits
have fallen, or dividend payments have increased.

Specimen response:

Some aspects of SDL’s financial position at the end of 2021 are


good and others are not so good. Whilst total assets have
increased, it is worrying that SDL’s liquidity has gone down.

In 2020 SDL was able to comfortably pay its current liabilities with
its current assets. This liquidity fell a lot in 2021and left SDL with
slightly more current assets than liabilities. This means that if any
of its debtors failed to pay on time, SDL might not be able to pay
its own debts. This could lead to SDL getting a poor credit rating
and having to take out expensive overdrafts.

SDL made net profits of 7m EGP in 2020 and 9m EGP in 2021


(Table 2) and put 5m EGP and 4m EGP back into the business in
these years. This means that shareholders received much higher
dividends in 2021 than they did in 2020. The shareholders would
be happy with this but it does mean SDL probably had to borrow
money from banks to pay for the increase in non-current assets.
Borrowing money from banks is expensive because interest has to
be paid which is not the case with retained profits. (L3)

17
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. Due to the greater number of marks
available for AO3, answers at level 3 will have a greater depth of analysis (AO3) but may show similar
levels of application of knowledge and understanding (AO2) to a level 2 answer.

Level Marks Descriptor

3 5–6 Detailed analysis of topics based on the context


AO3×2 • Business areas are analysed in depth.
• Applies knowledge and understanding to the context sufficiently, throughout
the answer.

2 3–4 Sound analysis of topics based on the context


AO3 • Business areas are partially analysed.
AO2 • Applies knowledge and understanding to the context sufficiently, in most
areas.

1 1–2 Basic analysis of topics based on the context


AO3 • Analysis of business areas is simplistic.
AO2 • Knowledge and understanding is applied to the context, but may be
fragmented.

0 0 Nothing worthy of credit.

Total
Question Part Marking guidance
marks

11 5 Explain how having a unique selling point (USP) may affect SDL’s 3
profits. AO1=1
AO2=2
One mark for making a valid point, plus one mark for offering some
explanation or development and one mark for incorporating the
context.

Possible answers include:

• enables SDL to distinguish itself from other competitors


• greater potential revenue
• loyal customers and repeat purchases
• boosts SDL’s reputation which in turn, can boost sales
• increase costs may reduce profit.

Specimen response:

SDL’s ethical unique selling point (USP) enables SDL to distinguish


itself from other clothes producers in the market. (1) This can give
SDL a competitive edge over its competitors (1) which can boost
SDL’s sales and increase its profit (1).

18
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

11 6 Analyse how shareholders might be affected by SDL’s 6


commitment to producing clothes in a sustainable way.
AO2=2
Possible answers include: AO3=4

• shareholders expect a high rate of return on their capital


• shareholder dividends may be less than they are used to
• maximising profits for shareholders may no longer be the main
focus of the business
• shareholders may find customers are prioritised over them
• customers like SDL’s ethical stance so sales could increase,
shareholders will be pleased as dividends may increase.

Specimen response:

Maximising profits for shareholders may no longer be the focus for


SDL because fulfilling their ethical responsibility is a priority.
Shareholders invest in the business and expect a high rate of
return on their capital. As a consequence of the emphasis on
sustainability shareholders’ dividends are likely to be less than
they are used to. They may become disgruntled and remove their
investment from the business. This could affect the long-term
growth and profitability of SDL’s sustainable clothing business.

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. Due to the greater number of marks
available for AO3, answers at level 3 will have a greater depth of analysis (AO3) but may show similar
levels of application of knowledge and understanding (AO2) to a level 2 answer.

Level Marks Descriptor

3 5–6 Detailed analysis of topics based on the context


AO3×2 • Business areas are analysed in depth.
• Applies knowledge and understanding to the context sufficiently,
throughout the answer.

2 3–4 Sound analysis of topics based on the context


AO3 • Business areas are partially analysed.
AO2 • Applies knowledge and understanding to the context sufficiently, in most
areas.

1 1–2 Basic analysis of topics based on the context


AO3 • Analysis of business areas is simplistic.
AO2 • Knowledge and understanding is applied to the context, but may be
fragmented.

0 0 Nothing worthy of credit.

19
MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Total
Question Part Marking guidance
marks

11 7 Zahra would like to improve SDL’s profitability. She is considering


12
two possible ways to do this.
AO2=4
Using information from Items E, F, G and H, analyse the
AO3=8
advantages of:

• increasing the price of SDL’s clothing


• reducing SDL’s production costs.

Use your analysis to recommend which of these two options SDL


should choose.

Issues for consideration include:

Increasing prices:

• revenue has been increasing


• raising prices could increase revenue
• raising prices could reduce sales and profit.

Reducing costs:

• it is expensive to produce the clothes sustainably


• cheaper supplies are likely to reduce costs
• cheaper materials could lead to lower prices and greater sales
• cutting costs could affect the quality of the clothes
• unethical sources could damage SDL’s sustainability
credentials.

Possible themes for evaluation

Consumers are increasingly demanding that goods are produced


more ethically and would be willing to pay higher prices.
Increasing prices could reduce sales and could further worsen the
situation but could also increase revenue.

Costs are rising so something has to be done. Cutting costs saves


money for SDL but it could also damage SDL’s reputation. SDL
could lose customers as a result.

SDL could cut costs by investing in cost-effective machinery. SDL


has the resources to be able to do this. It would not damage
SDL’s sustainability credentials.

Inventory levels are high. Do they need to be this high given that
the emphasis is on sustainability?

SDL’s current net assets are high so could focus on reducing


costs.

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MARK SCHEME – INTERNATIONAL GCSE BUSINESS – 9225/2 – JUNE 2022

Examiners are reminded that AO2 and AO3 are regarded as interdependent. When deciding on a mark
all should be considered together using the best fit approach. In doing so, examiners should bear in
mind the relative weightings of the Assessment Objectives. More weight should therefore be given to
AO3 than AO2.

Level Marks Descriptor

4 10–12 Detailed analysis and evaluation of topics based on the context


• Coherent line of reasoning followed, which is sustained, relevant and
AO3 substantiated. There is a focused conclusion that is fully justified and follows
clearly from the analysis.
• Business areas are analysed in depth.
AO3 • Knowledge and understanding is consistently detailed and appropriately
AO2 applied within context.

3 7–9 Sound analysis and evaluation of topics based on the context


• Coherent line of reasoning given and the conclusion is appropriate and
AO3 related to the preceding analysis.
• Business areas are partially analysed.
AO3 • Knowledge and understanding is detailed and appropriately applied within
AO2 context.

2 4–6 Limited attempt made to analyse the topics based on the context
• Evidence of some line of reasoning, with a conclusion that has limited
AO3 justification.
• Analysis of business areas is simplistic.
AO3 • Some knowledge and understanding is applied within context.
AO2

1 1–3 Basic evaluation of topics but without any real support or analysis
AO3 • A conclusion is present but without any reasoned support.
AO3 • No discernible or relevant analysis.
AO2 • A clear attempt to apply knowledge and understanding, but context may be
lacking.

0 0 Nothing worthy of credit.

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