BUSINESS STUDIES - O Level
O Level is the first step in the GCE qualification, is offered in Pakistan by a variety of private institutions based on the examination standards of the UK. Spanning across Pre-Engineering, Business, Computing, Art or Pre-Medical
Cambridge O Level Business Studies (7115)
The Cambridge O Level Business studies information evolves students with an understanding of business activities publicly and private sectors, and also the importance of innovation and alter. In this course, students understand how the major types of business organizations are established, financed and run, and how their activities are regulated. Factors influencing business decision-making are also contemplated, as are the important values of cooperation and connection. Learners not only study business concepts but also enhance related skills such as numeracy and inquiry. This course offers both a foundation for further study at Cambridge International A Level and ideal preparation for the world of work.
Importance of Business Studies:
Business is extremely important to a country’s economy because it provides both goods, services and jobs. Business Studies helps you to create a lot of knowledgeable choices within the everyday business of living. It gives you a better understanding of the world of work. It encourages you to think about how and why people start up in business and why you too might think about beginning a business.
How you will be assessed
You will be assessed at the end of the course with these two components:
- Paper 1 Short Answer and Data Response
- Paper 2 Case Study
Components at a glance
The following summarizes the key information about each examination paper.
Paper 1
Type: Short Answer and Data Response
Duration: 1 hour 30 minutes
Marks: 80 marks
Skills Assessed: Knowledge and understanding Application, Analysis Evaluation
Details: You have to answer all four questions which are a mixture of short answers and structured data responses
Percentage of Qualification: 50%
Paper 2
Type: Case Study
Duration: 1 hour 30 minutes
Marks: 80
Skills Assessed: Knowledge and understanding Analysis Evaluation
Details: You have to answer all four questions which are based on an unseen case study, provided as an insert with the paper
Percentage of Qualification: 50%
Course Contents
Understanding business activity
- Purpose of business activity
- How businesses are classified
- Enterprise and entrepreneurs
- Business size and growth
- Types of business organization
- Business objectives and stakeholder objectives
- Sources and recording of data
People in business
- Motivation theory and methods
- Business organization and management
- Recruitment, selection and training of employees and communication
Marketing
- The role of marketing
- Market research
- Marketing mix and marketing strategy
Operations management
- Production methods
- Costs
- Break-even analysis
- Quality and location decisions
Financial information and decisions
- Sources of finance
- Cash-flow forecasting
- Working capital
- Simple income statements
- Simple statements of financial position and analysis of accounts
External influences on business activity
- Economic
- Legal
- Environmental and ethical issues
- Globalization
- Multinational companies and exchange rates
Business Studies O Level Past Papers
You can download one or more papers from a previous session. Please note that these papers may or may not reflect the content of the current syllabus.
Cambridge O Level Business Studies Past Papers PDF Download
Cambridge O Level Business Studies Books
Resource 1:
Cambridge O Level Biology (Hodder Education)
Written by renowned expert authors, this resource enables the learner to effectively navigate through the content of the revised Cambridge O Level Business Studies syllabus (7115).
Recommended GCE Guide O Level Business Studies
Save My Exams Business Studies O Level
CLA is the top-ranked institution delivering the best education at O and A Levels. You can join only for the past paper session that lasts 30 days before the commencement of the Cambridge exams.