Pob Sba Mark Scheme

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Mark Scheme for CXC CSEC Principles of Business SBA Research Projects

Students are to choose ONE aspect of the establishment of a business, namely 1) Production OR 2) Marketing OR 3) Finance. Each aspect has its own criteria and mark scheme. Each is described below. All SBA projects are marked out of 40 distributed as follows:

P1 - Organizational Principles P2 - Production, Marketing and Finance P3 - The Business Environment

- 10 marks - 20 marks - 10 marks

Specific Guidelines 1) All proposed business activities must be legal activities and approved by the coordinating teacher.

2) Each report must be between 1000 and 1200 words (not including appendices).

3) Getting ideas for your proposed idea can be conducted through interviews, research and observation. Any findings and information gathering documents e.g. questionnaires should be included in your report.

POB SBA Project presentation This mandatory report which comprises 20% of the student’s CSEC mark is graded by the student’s teacher who then submits final results to the Ministry.

Project should be presented in an ordinary and inexpensive soft folder bearing the students name, registration number, name of subject, school, center number and the date submitted.

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For students doing the topic: Establishing a business: Production CRITERIA description of the business - Type of business - Nature of business - Objectives/mission statement (any TWO, 1 mark; all THREE 2 marks) P1 P2 P3 TOTAL

2

2

justification of the location State location (1 mark) Outline three reasons to justify the location (3 marks) 4 4

selection of appropriate labour Type of labour necessary (1mark) Number of persons to be employed and their duties or functions (2 marks) Outline one reason why this type of labour is necessary (1 mark)

4

4

sources of fixed and working capital Identify sources of fixed capital and give examples (2 marks) Identify sources of working capital and give examples (2 marks) 4 4

role of the entrepreneur Define the role of the entrepreneur (1 mark) Outline three functions of the entrepreneur (1 mark each) 4 4

type of production Identify the type of production (1 mark) Describe the type of production (1 mark) 2 2

levels of production Identify the level of production (1 mark) Describe the level of production (1 mark) 2 2

quality control measures Describe two quality control measures the business should adhere to (1 mark each) 2 2

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use of technology Identify two types of technology used (1 mark) Outline how the technology used is used to enhance the efficiency of the business (1 mark) 2 2

linkages State the type of linkage to be derived from the business (1 mark) Outline one benefit of that type of linkage (1 mark) 2 2

potential for growth Explain potential for growth internally and externally (2 marks each) 2 2 4

government regulations identify government regulations that impact on the business (1 mark) explaining how it impacts (1 mark) 2 2

ethical issues Discuss one ethical issue relating to production, showing how it impacts on the business (2 marks) 2 2

communication of information in a logical way using correct grammar - Demonstrates Excellent command of the English Language (3 marks) Good command of the English Language (2 marks) Fair command of the English Language (1 mark) Overall presentation: Title page, Table of contents Bibliography (Sources of information/data) (1 mark) Total

4

4

10

20

10

40

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For students doing the topic: Establishing a business: Marketing CRITERIA description of the business Type of business Nature of business, that is industry type Objectives/mission statement (any TWO, 1 mark; all THREE 2 marks) organization of the marketing department Identify and describe organizational structure of the marketing department with the aid of a diagram (2 marks)...
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