Edexcel A Level Business Studies Paper 2: Business activities, decisions and strategy June 2024 question paper 9BS0/02

Explain one benefit to Vidsy of having a mission statement.

Using the data in Extract B, calculate Vidsy’s return on capital employed (ROCE) for 2021. State your answer to two decimal places. You are advised to show your working.

Assess whether Vidsy’s directors should focus purely on shareholder returns in the company’s business decisions.

Assess whether offering financial rewards is the best way for Vidsy to reduce its labour turnover.

Vidsy’s directors wish to expand into the US market. To achieve this, the directors are considering whether to finance this expansion either by using retained profit or external finance.

Evaluate these two options and recommend which one Vidsy’s directors should choose to finance the company’s expansion into the US market.

Using the information in Extract E, calculate the difference in the operating profit margin between 2022 and 2021. State your answer to two decimal places. You are advised to show your working.

Explain one benefit to Tesla of its factories achieving high levels of capacity utilisation.

Assess the importance of Tesla having a task culture for its continued success.

Assess the value of lean production as a source of competitive advantage for Tesla.

Elon Musk has set the objective of increasing Tesla’s market share of the electric vehicle market. To achieve this objective, Elon Musk is considering whether to focus on market penetration of the electric car market or product development through electric trucks.

Evaluate these two options and recommend which one Elon Musk should choose to achieve the objective of increasing Tesla’s market share.