Pearson Edexcel GCSE In Business (1BS0) Paper 01 Investigating small business - Mark Scheme (Results) - Summer 2024

Sep 5, 2026

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Mark scheme for Pearson Edexcel GCSE In Business (1BS0), Paper 01 Investigating small business, Summer 2024. Provides general marking guidance for examiners, emphasizing consistent treatment, positive application of the scheme, appropriate use of all marks, and consultation when unsure. Section A includes model answers and mark allocations for multiple-choice items and structured responses, including guidance on awarding partial marks and allowable alternative answers. Also outlines assessment of QWC strands including legibility, suitable writing style, and clear organisation using specialist vocabulary.

LanguageEnglish

CategoryExam

FormatPDF

Pages18

Reading Time45 min

AccessFree to download

General Marking Guidance

Section A - Question 1

1(a)

1(b)

1(c)

1(d)

Section A - Question 2

2(a)

2(b)

Mark Scheme ( Results) Summer 2024 Pearson Edexcel GCSE In Business (1BS0) Paper 01 Investigating small business Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world’s leading learning company. We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. For further information, please visit our website [at](at www.edexcel.com)[ ](at www.edexcel.com)[www.edexcel.com](at www.edexcel.com). Our website subject pages hold useful resources, support material and live feeds from our subject advisors giving you access to a portal of information. If you have any subject specific questions about this specification that require the help of a subject specialist, you may find our Ask The Expert email service helpful. [www.edexcel.com/contactus](www.edexcel.com/contactus) Pearson: helping people progress, everywhere Our aim is to help everyone progress in their lives through education. We believe in every kind of learning, for all kinds of people, wherever they are in the world. We’ve been involved in education for over 150 years, and by working across 70 countries, in 100 languages, we have built an international reputation for our commitment to high standards and raising achievement through innovation in education. Find out more about how we can help you and your students at: [www.pearson.com/uk](www.pearson.com/uk) Summer 2024 Question Paper Log Number P75525A Publications Code 1BS0_01_ 2406_MS All the material in this publication is copyright © Pearson Education Ltd 2024 General Marking Guidance • 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 isnot 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 number | Answer | Mark | | --- | --- | --- | | 1(a) | The only correct answer is B – Income
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 | (1) | | Question number | Answer | Mark | | --- | --- | --- | | 1(b) | The only correct answer is A – Business failure due to unpaid debts
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 | (1) | | Question number | Answer | Mark | | --- | --- | --- | | 1(c) | Award 1

FAQs

What marking principles does the mark scheme require examiners to follow?

Examiners must treat all candidates the same, apply the mark scheme positively, reward what answers demonstrate, and mark according to the scheme rather than assumptions about grade boundaries. All marks should be used appropriately, with full marks awarded when the response matches the scheme.

How are answers marked when judgement is involved or examiners are uncertain?

Where judgement is required, the mark scheme provides principles for mark allocation, with limited exemplification. If there is doubt about applying the mark scheme, the team leader must be consulted.

How are marks allocated for disadvantage and advantage questions (e.g., 1(c) and 1(d))?

For each disadvantage/advantage question, the scheme awards 1 mark for identification and up to 2 further marks for explaining, making a total of 3 marks. Answers listing more than one point without explanation are capped at a maximum of 1 mark.

Sep 5, 2026

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