Edexcel GCSE Business Studies Paper 2: Building a business June 2019 question paper 1BS0/02

Which one of the following is an element of the design mix?

Select one answer.

Which one of the following is an example of an internal source of finance?

Select one answer.

Explain one drawback to a business of using job production.

Explain one advantage to a business of producing a high quality product.

Which two of the following are likely to be sent to a business by a person applying for a job?

Select two answers.

Which two of the following are likely to increase the productivity of a business?

Select two answers.

Table 1 contains information about a new piece of machinery that a business wants to purchase.

Using the information in Table 1, calculate the average rate of return. You are advised to show your workings.

Explain one benefit to a business of having a good relationship with its suppliers.

Explain one advantage to a business of improving its environmental sustainability.

Which one of the following is a barrier to international trade?

Select one answer.

Figure 1 shows the sales revenue of a business over three years.

Using the information in Figure 1, calculate the percentage increase in sales revenue from 2015 to 2016. You are advised to show your workings.

Explain one method a business could use to differentiate its product.

Explain one possible barrier to effective communication within a business.

Discuss the impact on a business of giving employees permanent contracts.

Outline one method Mind Candy could use to extend the product life cycle of one of its games.

Analyse the impact on Mind Candy of reducing the size of its workforce.

Table 2 contains information about Mind Candy’ s performance in 2013.

(Source: adapted from https://beta.companieshouse.gov.uk/ company/05119483/filing-history)

Table 2

Using the information in Table 2, calculate Mind Candy ’s cost of sales. You are advised to show your workings.

Using the information in Table 2, calculate, to 2 decimal places, Mind Candy’s gross profit margin. You are advised to show your workings.

As a result of the problems it faced in 2013, Mind Candy changed its main business objective from growth to survival.

Analyse the impact on Mind Candy of changing its main business objective to survival.

State one drawback to Mind Candy of organic growth.

Outline one method Mind Candy could use to promote its new app.

In order to raise the £1.2 million of extra finance needed, Mind Candy considered two options:

Option 1: retained profit

Option 2: share capital.

Justify which one of these two options Mind Candy should choose.

Give one stage of the sales process.

Using the information in Figure 2, identify the UK supermarket with a larger market share than Sainsbury’s.

Outline one advantage to Sainsbury’s of improving its customer service.

In order to improve the motivation of its shop floor employees, Sainsbury’s is considering two options:

Option 1: retraining

Option 2: increase wages.

Justify which one of these two options Sainsbury’s should choose.

Evaluate the likely impact on Sainsbury’s of replacing Fairtrade with its own Fairly Traded scheme. You should use the information provided as well as your knowledge of business.