
Preparing with the 2022 Edexcel iGCSE Business Past Papers is one of the fastest ways for Sri Lankan students to turn revision time into higher marks. EDUS Wiki gathers the 2022 papers, marking schemes, and examiner-style insights so you can focus on what markers reward: tight application to context, accurate business calculations, and balanced evaluation. With our step-by-step guidance—and internal links to checklists, formula sheets, and time-management strategies—you’ll practise efficiently, avoid recurring mistakes, and arrive on exam day with a clear plan.
2022 Edexcel iGCSE Business Past Papers: What to Expect
The 2022 set typically includes Paper 1 (short/structured items focused on smaller businesses and start-ups) and Paper 2 (longer responses built around larger or growing businesses). Questions commonly assess:
- Business activity & objectives (enterprise, aims, stakeholders, growth and scale)
- Marketing (market research, segmentation, and the marketing mix—product, price, place, promotion)
- Operations (methods of production, quality, lean ideas, stock control, suppliers)
- Human resources (recruitment, training, motivation, organisational structures, leadership styles)
- Finance (revenue, cost & profit; break-even; cash-flow forecasts; sources of finance; simple ratios)
- External influences (economic changes, technology, competition, legal/ethical issues, sustainability)
- Data interpretation (tables, charts, mini-case studies) and extended evaluation questions
How this helps you: Practising the exact formats you’ll face reduces surprises under timed conditions. Consistent exposure to Edexcel command words—“define,” “explain,” “analyse,” “discuss,” “evaluate,” “justify”—improves speed, structure, and the quality of your final judgement.
Common Examiner Priorities (Seen Year After Year)
- Answer in context: name the business, use scenario data, and refer to figures given.
- Clear chains of reasoning: cause → effect → business impact → final judgement.
- Accurate calculations: show formulas, units, and workings (part-marks protect you).
- Balanced evaluation: benefits and drawbacks, finishing with a justified recommendation.
- Evidence-led writing: quote or reference numbers from charts/tables to back claims.
- Organised paragraphs: PEEL/PEE structure with precise business terminology.
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How to Use the 2022 Edexcel iGCSE Business Past Papers for Maximum Marks
1) Do a Timed Mock (Paper 1, then Paper 2)
- Simulate exam conditions with strict timing.
- Allocate minutes by mark weight; move on when time is up and return later.
- For 9–12 mark items, sketch a 20–30 second mini plan before writing.
2) Mark Against the Official Scheme
- Use the iGCSE Business marking scheme 2022 to award part-marks fairly.
- Highlight missed method marks (e.g., contribution in break-even, missing units on cash-flow).
- Compare phrasing with model answers and upgrade weak wording to specific business terms.
3) Decode the Examiner Report
- Log recurring errors: generic analysis, no context, missing final judgement, weak data use.
- Practise sentence frames like:
“If the firm uses penetration pricing, sales may rise due to lower prices; however, margins fall, so cash flow could tighten unless volume offsets the cut.”
4) Build a Rapid-Review Folder
- Formula sheet: revenue, total/average cost, profit, contribution, break-even = fixed costs ÷ contribution per unit, margin of safety, simple ratios.
- Paragraph templates: Analysis (Because → So → Therefore) and Evaluation (Advantage → However → Depends on…).
- One-pagers: marketing mix grid; sources of finance table; recruitment process steps.
5) Drill High-Yield Calculations & Data Use
- Daily 10-minute sets: break-even, margin of safety, cash-flow variances, % change, simple ratios (gross profit margin, net profit margin, current ratio).
- Practise extracting and quoting numbers from charts/tables, then link them directly to your point.
6) Train Evaluation, Not Just Knowledge
- Always end long answers with a judgement that answers the question.
- Add conditions (“depends on demand elasticity, cash position, interest rates…”) to show realistic decision-making.
4-Week Smart Study Plan (Sri Lanka Friendly)
Week 1: Core concepts & calculation basics
- Enterprise, aims, stakeholders, growth; revenue/cost/profit; contribution and break-even.
- End-week mini-mock (selected Paper 1 sections); mark and update error log.
Week 2: Marketing & operations
- Research methods, segmentation, 4Ps; methods of production, capacity, quality.
- One timed Paper 1; focus on using case data in every paragraph.
Week 3: Human resources & finance depth
- Recruitment, training, motivation; cash-flow forecasts, sources of finance, simple ratios.
- Mid-week timed Paper 2; practise 9–12 mark evaluations with firm judgements.
Week 4: Consolidation & exam craft
- Two full mocks (P1 + P2), strict marking, refine templates and calculation speed.
- Revisit only the highest-cost errors (e.g., missing workings, weak judgement, no context).
Aim for 80%+ by Week 4. If below, drill the 2–3 areas that lost the most marks rather than rereading everything.
Working through the 2022 Edexcel iGCSE Business Past Papers—and marking with the 2022 schemes—builds the exact skills examiners want: accurate calculations, context-rich analysis, and decisive evaluation. EDUS Wiki organises everything you need—downloads, formula sheets, writing templates, and a practical 4-week plan—so you can revise purposefully and convert knowledge into marks.
Next steps on EDUS Wiki:
- Download the 2022 papers and the 2022 marking schemes
- Follow the 4-week plan and use our formula sheets & writing templates
- Explore related years for spiral practice and stronger exam stamina
Do you have any doubts, join our classes. Call. +94 70 414 1333
Start preparing with EDUS Wiki — your trusted study partner for Edexcel success.