edumadeasy

Your Dreams Will Be Achieved Soon!

IGCSE !

Business Activity
SUBJECT : BUSINESS STUDIES(0450)
Components : 12,22

Let’s Get Started

edumadeasy.com 1
 edumadeasy

12/ON/17 Q2a
(a) Identify two advantages of specialisation.
Advantage 1:.....................................................................................................................
...........................................................................................................................................
Advantage 2:.....................................................................................................................
........................................................................................................................................... [2]
12/ON/18 Q1a
(a) What is meant by ‘added value’?
...........................................................................................................................................
...........................................................................................................................................
........................................................................................................................................[2]
12/MJ/20 Q1a
(a) Define ‘specialisation’.
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
........................................................................................................................................[2]
12/MJ/22 Q2b
(b) Identify two reasons (other than financial) why people work.
Reason 1: .........................................................................................................................
...........................................................................................................................................
Reason 2: .........................................................................................................................
.........................................................................................................................................[2]
12/MJ/22 Q4b
(b) Define ‘opportunity cost’.
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
.........................................................................................................................................[2]

edumadeasy.com 2
 edumadeasy

12/ON/22 Q1c
(c) Outline two ways EQR could increase added value.
Way 1: ...............................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
Way 2: ...............................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
.........................................................................................................................................[4]
22/ON/17 Q2a

edumadeasy.com 3
 edumadeasy

(a) Identify and explain two ways GS can increase added value.
Way 1:
.............................................................................................................................................
.............................................................................................................................................
Explanation:
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
.............................................................................................................................................
Way 2:
..............................................................................................................................................
..............................................................................................................................................
Explanation:
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
.........................................................................................................................................[8]

edumadeasy.com 4
 edumadeasy

22/ON/19 Q1 a

edumadeasy.com 5
 edumadeasy

(a) Identify and explain two ways QC can create added value for its new service.
Way 1: ...............................................................................................................................
...........................................................................................................................................
Explanation: ......................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
Way 2: ...............................................................................................................................
...........................................................................................................................................
Explanation: ......................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
.........................................................................................................................................[8]

edumadeasy.com 6
 edumadeasy

22/FM/21 Q2 a

edumadeasy.com 7
 edumadeasy

(a) Explain two ways Saanvi can increase the added value of ST products.
Way 1: ...............................................................................................................................
...........................................................................................................................................
Explanation: ......................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
Way 2: ...............................................................................................................................
...........................................................................................................................................
Explanation:.......................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
...........................................................................................................................................
.........................................................................................................................................[8]

edumadeasy.com 8