Pearson Edexcel GCSE In Business (1BS0) Paper 01
Investigating small business Mark Scheme (Results) Summer
2024
Mark Scheme (Results)
Summer 2024
Pearson Edexcel GCSE
In Business (1BS0)
Paper 01 Investigating small business
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• All candidates must receive the same treatment. Examiners must mark the first candidate in exactly
the same way as they mark the last.
• Mark schemes should be applied positively. Candidates must be rewarded for what they have shown
they can do rather than penalised for omissions.
• Examiners should mark according to the mark scheme not according to their perception of where the
grade boundaries may lie.
• There is no ceiling on achievement. All marks on the mark scheme should be used appropriately.
• All the marks on the mark scheme are designed to be awarded. Examiners should always award full
marks if deserved, i.e. if the answer matches the mark scheme. Examiners should also be prepared to
award zero marks if the candidate’s response is not worthy of credit according to the mark scheme.
, • Where some judgement is required, mark schemes will provide the principles by which marks will be
awarded and exemplification may be limited.
• When examiners are in doubt regarding the application of the mark scheme to a candidate’s response,
the team leader must be consulted.
• Crossed out work should be marked UNLESS the candidate has replaced it with an alternative
response.
• Mark schemes will indicate within the table where, and which strands of QWC, are being assessed.
The strands are as follows:
i) ensure that text is legible and that spelling, punctuation and grammar are accurate so
that meaning is clear
ii) elect and use a form and style of writing appropriate to purpose and to complex subject
matter
iii) organise information clearly and coherently, using specialist vocabulary when
appropriate.
Section A
Question Answer Mark
number
1(a) The only correct answer is B – Income (1)
A is not correct because it is not a way of segmenting a market
C is not correct because it is not a way of segmenting a market
D is not correct because it is not a way of segmenting a market
Question Answer Mark
number
1(b) The only correct answer is A – Business failure due to unpaid debts (1)
B is not correct because it is a definition of trade credit
C is not correct because it is a definition of interest
D is not correct because it is a definition of a merger
Question Answer Mark
number
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