BIB1W Marking Scheme

Grade 9 Introduction to Business Marking Scheme

Trade Show

Business Name: ________________________________________

Student Name (i) : _______________________________________

Student Name (ii) : _______________________________________

Item Mark Level 1 Level 2 Level 3 Level 4

1. Explain the need or want that your business is responding to. Is there sufficient demand to support the business?
20 Demonstrates limited awareness of demand associated with the product/service. Demonstrates some awareness of demand associated with the product/service. Demonstrates thorough understanding of demand associated with the product/service. Demonstrates sophisticated command of demand associated with the product/service.

2. Explain and demonstrate the product or service that your business will provide. Are there actual samples, demonstrations and or evidence of effectiveness?
20 Demonstrates limited exploration of the product/service. Demonstrates some exploration of the product/service. Demonstrates thorough exploration of the product/service. Demonstrates sophisticated exploration of the product/service.
3. Prove that you can produce this good or service at a profit. Can the business idea translate into an economically viable operation?
20 Demonstrates limited understanding of the financial projections (Income Statement/Balance Sheet) associated with the business. Demonstrates some understanding of the financial projections (Income Statement/Balance Sheet) associated with the business.. Demonstrates thorough understanding of the financial projections (Income Statement/Balance Sheet) associated with the business.. Demonstrates sophisticated understanding of the financial projections (Income Statement/Balance Sheet) associated with the business..
4. Visual and emotional appeal of the display. Does the display present the business concept in an effective and persuasive manner?
20 Display generates limited understanding of, or interest in, the business venture. Display generates some understanding of, or interest in, the business venture. Display generates excellent understanding of, or interest in, the business venture. Display generates thorough, broad, and insightful understanding of, or keen and enthusiastic interest in, the business venture.
Total (Notes)
80

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Item	Mark	Level 1	Level 2	Level 3	Level 4
1. Explain the need or want that your business is responding to. Is there sufficient demand to support the business?	20	Demonstrates limited awareness of demand associated with the product/service.	Demonstrates some awareness of demand associated with the product/service.	Demonstrates thorough understanding of demand associated with the product/service.	Demonstrates sophisticated command of demand associated with the product/service.
2. Explain and demonstrate the product or service that your business will provide. Are there actual samples, demonstrations and or evidence of effectiveness?	20	Demonstrates limited exploration of the product/service.	Demonstrates some exploration of the product/service.	Demonstrates thorough exploration of the product/service.	Demonstrates sophisticated exploration of the product/service.
3. Prove that you can produce this good or service at a profit. Can the business idea translate into an economically viable operation?	20	Demonstrates limited understanding of the financial projections (Income Statement/Balance Sheet) associated with the business.	Demonstrates some understanding of the financial projections (Income Statement/Balance Sheet) associated with the business..	Demonstrates thorough understanding of the financial projections (Income Statement/Balance Sheet) associated with the business..	Demonstrates sophisticated understanding of the financial projections (Income Statement/Balance Sheet) associated with the business..
4. Visual and emotional appeal of the display. Does the display present the business concept in an effective and persuasive manner?	20	Display generates limited understanding of, or interest in, the business venture.	Display generates some understanding of, or interest in, the business venture.	Display generates excellent understanding of, or interest in, the business venture.	Display generates thorough, broad, and insightful understanding of, or keen and enthusiastic interest in, the business venture.
Total (Notes)	80