business structuring answers

[Ali Qew]

guys can anyone help me out with structuring the answers in busi p2.
in the mark scheme it goes like
1.knowledge
2.analysis
3.evaluation
4.application

what do each of these mean exactly?

 

[Nilmani]

All these roughly mean:
-knowledge: You obviously should know what's going on, you should have the information about a certain topic.
-analysis: This usually means you have to tell both, advantages and disadvantages. Or, when its related to stuff like net profit, gross profits, ratio etc, you have to calculate those.
-evaluation: Just say what's the best option to choose from, giving a short, brief reason why do you think 'x' is the best option.
application- Not sure, but I think they mean that you have to stick close to what information they've given. For example, lets says that Company 'Y' cannot afford/has less capital at current time. And lets says the question is how can the company overcome this problem. Now if someone writes that 'Get some new machines so that the company becomes money intensive, this the production will be more, and hopefully, sales will be more too, more sales means that the company is making more money. Now this actually true, but you'll get 0 marks if you write this answer. The thing is, as the company does not have much money, it won't be able to buy the machines. All I mean to say is your answer should be close to the text given in the question paper.

And not only for application, your whole answer should be related to the information given.

 

[Ali Qew]

Thanks so much man ! helped alottt

 

[shefali]

Thanks so much man ! helped alottt

Here is what CIE exactly says
Go to section 2

 

[Nilmani]

Thanks so much man ! helped alottt

Your welcome

 

[skittles]

thankss

All these roughly mean:
-knowledge: You obviously should know what's going on, you should have the information about a certain topic.
-analysis: This usually means you have to tell both, advantages and disadvantages. Or, when its related to stuff like net profit, gross profits, ratio etc, you have to calculate those.
-evaluation: Just say what's the best option to choose from, giving a short, brief reason why do you think 'x' is the best option.
application- Not sure, but I think they mean that you have to stick close to what information they've given. For example, lets says that Company 'Y' cannot afford/has less capital at current time. And lets says the question is how can the company overcome this problem. Now if someone writes that 'Get some new machines so that the company becomes money intensive, this the production will be more, and hopefully, sales will be more too, more sales means that the company is making more money. Now this actually true, but you'll get 0 marks if you write this answer. The thing is, as the company does not have much money, it won't be able to buy the machines. All I mean to say is your answer should be close to the text given in the question paper.

And not only for application, your whole answer should be related to the information given.

 

[Nilmani]

thankss

Your welcome