Edexcel A Level Business Studies Paper 3: Investigating business in a competitive environment October 2020 question paper 9BS0/03

Using a supply and demand diagram, assess two reasons why live entertainment business revenues in the UK might have increased in 2017.

Mark Maitland, Media and Entertainment Leader at PwC UK, suggested cinemas might make more use of opportunities to add value, such as providing luxury seats.

Assess whether providing luxury seats is the best way for cinemas to increase added value.

Using the data in Extracts B and C, assess the extent to which saturated markets might stimulate a business such as Netflix to trade internationally.

ITV could either join forces with the UK’s other public broadcasters or operate on its own to offer a viable rival to Netflix for UK consumers.

Using the data in Extracts A to D and your own business knowledge, evaluate these two options and recommend which one ITV should use to best rival Netflix.

Assess two ways Derby Theatre could improve its liquidity.

Assess the likely value of succession planning to Derby Theatre.

Assess the likely value to Derby Theatre of producing and staging shows that recognise the cultural diversity of Derby’s population.

Pre-theatre dining has been unpopular at Derby Theatre. Catering Consultant Andrew Dean has argued that a refurbishment of its cafe and kitchens is required.

In order to finance the £100 000 catering investment, Derby Theatre management is considering using either some of its £120 000 retained profit or a loan.

Evaluate these two methods of finance and recommend which one might be most appropriate to finance the £100 000 catering investment at Derby Theatre.