People in Business

Worked examples (5)

• 1Define economies of scale (3 marks, Paper 2)
• 2Identify internal economies of scale (6 marks, Paper 2)
• 3Explain external economies of scale (5 marks, Paper 2)
• 4Identify diseconomies of scale (5 marks, Paper 2)
• 5Apply the U-curve and optimum size (4 marks, Paper 2)

Model answers (4)

• ✓Model answer — 4BS1-style — Paper 2, 8 mark explain
• ✓Model answer — 4BS1-style — Paper 2, 9 mark discuss
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate (challenge)

Worked examples (4)

• 1Match production method to product (4 marks, Paper 2)
• 2Calculate labour productivity (4 marks, Paper 2)
• 3Explain JIT and kaizen (5 marks, Paper 2)
• 4Discuss the impact of automation on production (6 marks, Paper 2)

Model answers (4)

• ✓Model answer — 4BS1-style — Paper 2, 8 mark explain
• ✓Model answer — 4BS1-style — Paper 2, 9 mark discuss
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate (challenge)

Worked examples (4)

• 1Identify the four factors of production with examples (4 marks, Paper 1)
• 2Calculate productivity of labour and capital (4 marks, Paper 2)
• 3Explain capital-for-labour substitution (5 marks, Paper 2)
• 4Match rewards to factors (4 marks, Paper 1)

Model answers (4)

• ✓Model answer — 4BS1-style — Paper 2, 8 mark explain
• ✓Model answer — 4BS1-style — Paper 2, 9 mark discuss
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate (challenge)

Worked examples (5)

• 1Identify dimensions of quality (4 marks, Paper 2)
• 2Compare quality control and quality assurance (4 marks, Paper 2)
• 3Explain TQM principles (5 marks, Paper 2)
• 4Explain quality circles (4 marks, Paper 2)
• 5Discuss the link between customer service and business success (5 marks, Paper 2)

Model answers (4)

• ✓Model answer — 4BS1-style — Paper 2, 8 mark explain
• ✓Model answer — 4BS1-style — Paper 2, 9 mark discuss
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate
• ✓Model answer — 4BS1-style — Paper 2, 12 mark evaluate (challenge)