A-level BUSINESS 7132/2 PAPER 2 BUSINESS 2 Mark scheme June 2020 Version: 1.0 Final Mark Scheme. 100% pass rate

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Marking guidance • Be clear on the focus of the question. • Read the response as a whole; follow the flow of the argument as a whole. • Remember that the indicative content provides possible ... lines of argument but there may be others that are equally valid. Be willing to credit other lines of argument. • Annotate the script as you read in accordance with the instructions given at standardisation. • Consider what it all adds up to, eg is this a good response? A reasonable one? A limited one? Refer back to the standardisation scripts and guidance to help you benchmark. You are marking to the standard agreed at standardisation. Be careful of the standard you are marking at drifting when you have a big centre; refer back to standardisation scripts. • Summarise your findings briefly at the end of the response. This will help you decide on the overall level and is helpful for others to understand the mark given, eg for an extended response ‘well-argued’ but does not focus fully on the issue of ‘long-term’ feels as if it might be good rather than excellent. Make sure the comments fit with the level awarded: ‘unbalanced and not comparing with alternative solutions’ does not sound as if it is ‘good’. • Next to your comment put the level awarded, eg L4. • If in doubt about an approach contact your Team Leader, do not make up your own rules because we must have a standardised approach across all marking. Be positive in your marking. Look to reward what is there. Annotations Key AO linked: KU Knowledge and Understanding AN Analysis without context DEV Developed argument BAL Balance of arguments RNG Range of arguments (will have to be in a comment box) Eval Judgement/Evaluation General ? Question mark - uncertain Tick Correct point Cross Incorrect BOD Benefit of Doubt LF / NFF Losing Focus / Not Fully Focused NAQ Not answered question OFR Own figure rule – REP Repetition -MARK SCHEME – A-LEVEL BUSINESS – 7132/2 – JUNE 2020 5 SEEN Indicates that the point has been noted, but no credit has been given Highlighter High-lighter tool – use to emphasise particular sections Free text box – use this for making comments at end of sections/answers. It is expected that examiners will make comments outlining/summarising marking decisions as appropriate.MARK SCHEME – A-LEVEL BUSINESS – 7132/2 – JUNE 2020 6 0 1 . 1 Using the data in Appendix C, calculate the following ratios for Drake Hotels PLC in 2020. [6 marks] Marks for this question: AO1 = 2, AO2= 4 Current ratio 0.83:1 or 0.83 (3 marks) 3 marks for correct answer 1 mark for correct selection of current asset £15m 1 mark for correct selection of current liabilities £18m Formula alone = 1 mark Gearing 62.22% (3 marks) 3 marks for correct answer 1 mark for correct selection of non-current liabilities £280m 1 mark for correct calculation of capital employed £450m Formula alone = 1 mark OFR applies.MARK SCHEME – A-LEVEL BUSINESS – 7132/2 – JUNE 2020 7 0 1 . 2 Use Appendix B to explain one reason why Drake Hotels PLC has used sensitivity analysis for the investment proposal. [4 marks] Marks for this question: AO1 = 2, AO2 = 2 Level The student will typically demonstrate: Marks 3 A reasonable response overall that focuses on many of the demands of the question. • Explains one reason why Drake Hotels uses sensitivity analysis for this investment proposal. 4 2 A reasonable response overall that focuses on some of the demands of the question. • Explains one reason why a business might use sensitivity analysis when making a decision. 3–2 1 A limited response overall that focuses on a few demands of the question. • Some understanding of the sensitivity analysis. 1 The demands of the question are: [Show More]

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