Students are to choose ONE aspect of the establishment of a business, namely 1) Production OR 2) Marketing OR 3) Finance. Each aspect has its own criteria and mark scheme. Each is described below. All SBA projects are marked out of 40 distributed as follows:
P1 - Organizational Principles P2 - Production, Marketing and Finance P3 - The Business Environment
- 10 marks - 20 marks - 10 marks
Specific Guidelines 1) All proposed business activities must be legal activities and approved by the coordinating teacher.
2) Each report must be between 1000 and 1200 words (not including appendices).
3) Getting ideas for your proposed idea can be conducted through interviews, research and observation. Any findings and information gathering documents e.g. questionnaires should be included in your report.
POB SBA Project presentation This mandatory report which comprises 20% of the student’s CSEC mark is graded by the student’s teacher who then submits final results to the Ministry.
Project should be presented in an ordinary and inexpensive soft folder bearing the students name, registration number, name of subject, school, center number and the date submitted.
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For students doing the topic: Establishing a business: Production CRITERIA description of the business - Type of business - Nature of business - Objectives/mission statement (any TWO, 1 mark; all THREE 2 marks) P1 P2 P3 TOTAL
2
2
justification of the location State location (1 mark) Outline three reasons to justify the location (3 marks) 4 4
selection of appropriate labour Type of labour necessary (1mark) Number of persons to be employed and their duties or functions (2 marks) Outline one reason why this type of labour is necessary (1 mark)
4
4
sources of fixed and working capital Identify sources of fixed capital and give examples (2 marks) Identify sources of working