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Business Studies · Edexcel 1BS0 · Paper 2: Building a business · November 2021

Edexcel GCSE Business Studies Paper 2: Building a business November 2021 question paper 1BS0/02

1h 45m 90 marks

Practise the past exam questions by topic

Edexcel 1BS0 · Paper 2

7 questions
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Question 1

Figure 1 shows the organisational structure of a business.

(a)

Which one of the following organisational structures is shown in Figure 1?

Figure for question 1

Employees Employees Employees Employees Employees

Figure 1

Select one answer.

Question 1, shown as an image

(1)

(b)

Which one of the following documents states the qualities an employer is looking for in a new employee?

Select one answer.

Question 1, shown as an image

(1)

(c)

Explain one impact that a pressure group can have on a business.

(3)

(d)

Explain one disadvantage to a business of having poor customer service.

(3)

Question 2

(a)

Which two of the following are examples of goods?

Select two answers.

Question 2, shown as an image

(2)

(b)

Which two of the following would allow a business to improve employee retention?

Select two answers.

Question 2, shown as an image

(2)

(c)

Table 1 contains financial information about a business.

Sales revenue£800 000
Cost of sales£225 000
Gross profit£575 000
Other operating expenses and interest£200 000
Question 2, shown as an image

Using the information in Table 1, calculate the net profit of the business.

Figure for question 2

(2)

(d)

Explain one reason why aesthetics may be important in the design mix of a product.

(3)

(e)

Explain one drawback to a business of introducing a system of quality assurance.

(3)

Question 3

(a)

Procurement involves a business having a strong relationship with which one of the following stakeholder groups?

Select one answer.

Question 3, shown as an image

(1)

(b)

Figure 2 shows the market share of each business in a market.

Figure for question 3

Using the information in Figure 2, calculate the market share of Business E. You are advised to show your workings.

Figure for question 3

(2)

(c)

Explain one reason why having a post-sales service may be important to a business.

(3)

(d)

Explain one impact on a business from reducing the size of its workforce.

(3)

(e)

Discuss the disadvantage to a business of using a just in time (JIT) system of stock control.

(6)

Question 5

Table 2 contains information about the price of a Tesla Model 3 car between 2017 and 2019.

YearPrice (in US$)
201750 000
201841 000
201935 000
Question 5, shown as an image
(a)

Using the information in Table 2, calculate, the percentage reduction in the price of a Tesla Model 3 car between 2017 and 2019.

Figure for question 5

(2)

(b)

Using the information in Table 2, calculate the average price of a Tesla Model 3 car over the three year period between 2017 and 2019.

Figure for question 5

(2)

(c)

Analyse the impact on Tesla of increasing levels of globalisation.

(6)

Question 6

(a)

State one impact to Tesla of continuing to make a loss.

(1)

(b)

Outline one drawback to Tesla of a government introducing tariffs on imports from the US.

(2)

(c)

In order to raise the finance for its new Chinese factory, Tesla is considering two options:

Option 1: share capital

Option 2: loan capital.

Justify which one of these two options Tesla should choose.

(9)

Question 7

Figure for question 7
(a)

Give one element of the marketing mix.

(1)

(b)

Figure 6 shows the ASOS share price over time.

Figure for question 7

January 2015 January 2016 January 2017 January 2018 January 2019

Time

Figure 6

(Source: adapted from https://www.asosplc.com/ investors/share-price/share-price-chart)

Using the information in Figure 6, identify the year when the ASOS share price was higher than £70.

(1)

(c)

Outline one advantage to ASOS of increasing the range of products offered for sale on its website.

(2)

(d)

In order to increase its profits, ASOS is considering two options:

Option 1: lower prices

Option 2: advertise on more social media channels.

Justify which one of these two options ASOS should choose.

(9)

(e)

Evaluate whether high quality logistics will give ASOS a competitive advantage. You should use the information provided as well as your knowledge of business.

(12)

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