Students who wish to take the examination for Business Studies will be assessed in four areas:

• AO1: Knowledge and understanding
• AO2: Application
• AO3: Analysis
• AO4: Evaluation

AO1: Knowledge and understanding

Candidates should be able to:

1. demonstrate knowledge and understanding of facts, terms, concepts and conventions appropriate to the syllabus;
2. demonstrate knowledge and understanding of theories and techniques commonly applied to or used as part of business behaviour.

AO2: Application

Candidates should be able to:

1. apply their knowledge and understanding of facts, terms, concepts and conventions to business problems and issues;
2. apply their knowledge and understanding of theories and techniques to business problems and issues.

AO3: Analysis

Candidates should be able to:

1. distinguish between evidence and opinion in a business context;
2. order, analyse and interpret information, in narrative, numerical and graphical forms, using appropriate techniques.

AO4: Evaluation

Candidates should be able to:

1. present reasoned explanations, develop arguments, understand implications and draw inferences;
2. make judgements, recommendations and decisions.