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Cambridge IGCSE Business Paper 2 is the Case Study exam – 80 marks, 1hr 30min, 50% of IGCSE. Four compulsory questions based on a single case study insert. AO2 Application = 30%, AO4 Evaluation = 15% – higher than Paper 1. This guide, updated May 2026, transforms case study analysis.

What’s inside (35 pages):

Case study mastery – 10-minute reading & annotation protocol. Annotate: key facts (✱), financial figures (£), problems (?), trends (↑↓), stakeholders (S). Name the business in EVERY answer – generic answers score zero.

PEEL+C paragraph structure – Point → Explain → Evidence (quote case figure) → Link → Conclude. Mandatory for 4+ mark questions. Model paragraphs for 4-mark, 6-mark, and 8-mark questions.

Topic priority heatmap for Paper 2 – CRITICAL: business growth & mergers, business organisation (recommend change), stakeholder conflict (evaluate), leadership styles, motivation methods, market share calculation, marketing mix (4Ps), break-even from case data, cash flow forecast completion, ratio analysis (GPM, PM, ROCE, current ratio, acid test), sources of finance, exchange rate impacts, ethics evaluation.

Model answer structures – 4-mark recommend & justify, 6-mark recommend & justify, 8-mark evaluate. Each with case evidence, counter-argument, and justified conclusion specific to the case business.

Complete formulas master reference – Market share, labour productivity, contribution, break-even, margin of safety, gross/net profit, GPM, PM, ROCE, current ratio, acid test, net cash flow, closing balance, working capital. Each with formula + case application note.

Topic guides applied to case context – Topic 1 (business types recommend, stakeholder conflict evaluate). Topic 2 (motivation recommend, leadership styles). Topic 3 (market share calc, marketing mix recommend). Topic 4 (break-even, production method recommend). Topic 5 (cash flow completion, ratio analysis, sources of finance). Topic 6 (exchange rate impacts, ethics evaluate).

6-week revision plan – Week 1 (case study skills + Topics 1–2 applied), Week 2 (Topic 3 marketing applied), Week 3 (operations & finance calculations), Week 4 (financial evaluation – ratios + sources), Week 5 (Topic 6 + full past paper), Week 6.

Independently produced by Samata Reviews. Not affiliated with or endorsed by Cambridge Assessment International Education.

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