Attempt evaluation questions in business

For the students of IGCSE Business Studies, the most frequent questions is how to attempt evaluation questions in business, which is often considered a tough nut to crack. But fear not, as this comprehensive guide will equip you with the knowledge and strategies needed to tackle these questions with confidence and precision. Whether you’re a student or an educator, mastering evaluation-based questions is essential for success in the IGCSE Business exam.

Understanding Evaluation-Based Questions:

Before we dive into strategies, let’s understand what evaluation-based questions entail. These questions require you to analyze, assess, and make judgments about a given scenario, theory, or business concept. You must demonstrate critical thinking and provide well-reasoned arguments in your response.

Step-by-Step Approach:

1. Careful Reading and Understanding:

Begin by reading the question carefully. Identify the key elements, such as the scenario, concepts, and the specific task you’re asked to perform. Understand the context thoroughly.

2. Break Down the Question:

Divide the question into parts. Analyze each component separately to ensure you address all aspects of the question. This helps you structure your answer effectively.

3. Provide Balanced Arguments:

In your response, provide a balanced evaluation. Discuss both sides of the argument, considering the advantages and disadvantages or the strengths and weaknesses of the given scenario or concept.

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4. Use Application from given Case Study:

Enhance your response by incorporating case study that relate to the question. This demonstrates practical understanding and application of business concepts. BUT Remember, only use the examples to enforce arguments only when desired.

5. Clear and Concise Writing:

Write your response in a clear and concise manner. Avoid unnecessary jargon and ensure your points are well-structured and coherent.

Practice Makes Perfect:

To excel in evaluation-based questions, practice is key. Use past exam papers, textbooks, and online resources to find sample questions and practice answering them. Ask for feedback from teachers or peers to improve your skills.

Sample Answer:

Do you think PP is right to sell to customers only using its website? Justify your answer. (Ref Peter Stimpson IGCSE Business Studies, IGCSE Level)

Yes, [KN] as PP will offer convenience to the customers by selling online. [AN] It will make them buy the buy the products while sitting at homes/working in offices. More chances of consumers buying from PP.

Also, [KN] PP won’t have to pay rent & manage the outlets. [AN] This will save business costs which could be invested in advertising online (to increase website sales)

However, some people still want to check the quality /features of the product before buying them. Previous customers reviews will help buyer get an idea of the product & easy return policies will build a trust.

It depends on the culture of a country in sense of “trusting the seller”. It also depends on the availability/speed of internet.

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Topics Covered in post:

  • IGCSE Business Studies
  • Evaluation-based questions
  • Critical thinking
  • Analysis
  • Assessment
  • Judgments
  • IGCSE Business exam
  • Balanced Arguments
  • Clear Writing
  • Concise Writing

Remember, mastering evaluation-based questions is a skill that can significantly boost your performance in the IGCSE Business exam. Keep practicing and refining your approach to achieve the best results.