Commerce GCSE Notes

  • About This Book

    • This book supports the Pearson Edexcel International GCSE (9-1) Commerce specification.
    • It covers both years of the course.
    • The course is structured to allow teaching and learning in any order.
    • The book contains four units that match the content themes in the specification: Commercial Operations, Commercial Risks, Finance for Commerce, Aids for Commerce.
    • Each unit is divided into chapters for manageable content and full coverage of the specification.
    • Chapters include learning, activities, and global case studies.
    • Summary questions help put learning into practice.
    • Paper 1 (Commercial Operations and Associated Risks) tests the first two units.
    • Paper 2 (Facilitating Commercial Operations) tests the last two units.
    • Exam-style questions are at the end of each unit, with two full practice papers at the end of the book.

  • Learning Objectives

    • Each chapter begins with learning objectives tailored to key assessment objectives.

  • Getting started

    • Each chapter includes an introduction to stimulate thinking about the concepts.
    • Questions are designed to stimulate discussion and prior knowledge.

  • Activity

    • Each chapter includes activities to embed understanding through case studies and questions.

  • Case study

    • Case studies, Getting started, Chapter reviews, and activities are based around global real-world examples..

  • Did you know?

    • Interesting facts are included to encourage broader thought and discussion.

  • Subject vocabulary and General vocabulary

    • Useful words and phrases are color-coded and defined to aid understanding, particularly for students whose first language is not English.

  • Multiple-choice questions

    • Each chapter has multiple-choice questions for knowledge testing and exam preparation.

  • Key points

    • Key points are provided for easy understanding and contextualizing learning.

  • Chapter review and Chapter questions

    • Each chapter ends with a case study and associated questions to consolidate learning.

  • Exam practice

    • Exam-style questions at the end of every unit tailored to the Pearson Edexcel specification to allow for practice and development of exam writing technique.

  • Assessment objectives

    • Exam-style questions are tagged with the relevant assessment objectives that are being examined.

  • Skills

    • Exam-style questions are assigned key skills that you will gain from undertaking them, allowing for a strong focus on particular academic qualities. These transferable skills are highly valued in further study and the workplace.

  • Preparing for your International GCSE Commerce examination

    • A full practice exam for both Paper 1 and Paper 2 at the back of the book helps you prepare for the real thing.

  • Assessment overview

    • Paper 1: Commercial Operations and Associated Risks (50%, 80 marks, 1 hour 30 minutes).
    • Paper 2: Facilitating Commercial Operations (50%, 80 marks, 1 hour 30 minutes).

  • Assessment Objectives and Weightings

    • A01: Recall, select and communicate knowledge and understanding of commercial terms, concepts and issues (27-28%).
    • A02: Apply knowledge and understanding using appropriate commercial terms, concepts and calculations effectively in specified contexts (38-39%).
    • A03: Select, organise and interpret commercial information from sources to investigate and analyse issues (22-23%).
    • A04: Evaluate commercial information to make reasoned judgements and draw conclusions (11-12%).

  • Relationship of Assessment Objectives to Units
    Include the relationship between the assessment objectives to each unit in the examination.

  • Theme 1: Commercial Operations

    • This section focuses on production, factors of production, buying and selling, types of commercial enterprises, the roles of retailers and wholesalers, ecommerce, and international trade.