Skills You Need to Demonstrate (Edexcel A Level Business)
Revision Note
Written by: Lisa Eades
Reviewed by: Steve Vorster
Skills You Need To Demonstrate in Your Responses
Knowledge
You can gain knowledge marks for recognising and showing understanding key business terms, concepts, formulas, theories, methods and models
Knowledge can also be demonstrated by making relevant points, such as stating a feature, benefit, drawback or implication
In this 4-mark response, knowledge has been demonstrated by giving a definition of the key term in the question, as well as giving a correct benefit:
Explain one benefit to Uber of classifying its drivers as independent contractors. [4 marks] | |
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Application
You can gain application marks in calculations by using key business formulas in an appropriate context
Application can also be awarded for the use of market data or business information from stimulus material to support a point
In this 4-mark response, application has been demonstrated by the use of information from the case study to support a point and recognition of the context of taxi/ride sharing roles:
Explain one benefit to Uber of classifying its drivers as independent contractors. [4 marks] | |
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Analysis
You can gain analysis marks by developing logical chains of reasoning, showing cause and effect, impacts and outcomes
The best analysis considers consequences and impacts for individuals and organisations of external and internal influences
In this 4-mark response, analysis has been demonstrated by a coherent X→Y→Z chain of reasoning that shows effect and impact:
Explain one benefit to Uber of classifying its drivers as independent contractors. [4 marks] | |
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Evaluation
You can gain evaluation marks by showing judgement, weighing up the relative importance of factors, comparing points of view or recommending a course of action
Top-level evaluation needs to be balanced, which requires both sides of an argument to be considered in context
In the extracts below, instances of evaluation in the response are highlighted, both within the main body and the concluding paragraph, including:
Alternative points of view
Recommendations
Consideration of likelihood and significance
Weighing up impact
Assess the likely impact on Aldi’s costs if staff choose to leave due to poor working conditions. [12 marks] | |
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