Interpreting business performance data

Which one of the following is the best definition of the term ‘logistics’?

Select one answer.

Figure 2 shows the profit of a business from its four locations in south-west England

Using the information in Figure 2, calculate the percentage of total profit made by the business in Devon in 2023. You are advised to show your workings.

Explain one reason why businesses train their employees.

Explain one method that a business could use to retain employees.

Discuss the impact on a business from using job enrichment.

In the Source Booklet, look at Figure 4 and read Extract B, then answer Question 7.

Give the name of one document a business may send to an applicant during the recruitment process.

Figure 5 shows the percentage of new car and electric vehicle (EV) registrations in the

(Source: https://cleantechnica.com/2023/08/05/uk-ev-share-at-24-1-bevs-double-model-y-top/)

Figure 5

Using the information in Figure 5, identify the type of electric vehicle (EV) that had the highest percentage of registrations.

Outline one impact globalisation may have on Polestar.

In order to reduce its costs of production, Polestar is considering the following two options:

Option 1: increased use of just in time (JIT) stock control

Option 2: finding new suppliers for its components.

Justify which one of these two options Polestar should choose.

Evaluate the importance of the aesthetics element of the design mix for Polestar ’s electric vehicles (EVs). You should use the information provided as well as your knowledge of business.

Table 2 shows the price of items in an order placed by a customer at Popeyes.

Using the information in Table 2, calculate the average price of the items ordered by the customer.

Using the information in Table 2, calculate, to 2 decimal places, the percentage of the total order spent on Chicken wings.

Analyse the drawback to Popeyes from trying to improve productivity.

In the Source Booklet, look at Figure 3 and read Extract B, then answer Question 7.

Give one non-financial method to motivate employees in a business.

Figure 4 shows the UK market share of the four largest cinema chains in 2016 and 2019.

(Source: https://www.bfi.org.uk/industry-data-insights/statistical-yearbook 2017 and 2020)

Using the information in Figure 4, identify the only cinema chain that increased its market share in 2019 .

Outline one likely responsibility for a manager of a Cineworld cinema.

In order to cover its loan repayments, Cineworld plc is considering the following two options:

Option 1: selling assets

Option 2: issue new share capital.

Justify which one of these two options Cineworld plc should choose.

Evaluate the importance of charging lower prices to allow Cineworld to return to profit. You should use the information provided as well as your knowledge of business.

Table 2 contains information about the price of an annual supermarket delivery pass

(Source: adapted from https://www.lovemoney.com/guides/3444/ cheapest-supermarket-online-delivery-deals-asda-tesco-iceland-cost)

Using the information in Table 2, calculate the average price of an annual supermarket delivery pass.

Table 3 contains information about Ocado’s financial performance in 2019.

(Source: adapted from https://www.ocadogroup.com/investors/annual-report-2019)

Using the information in Table 3, calculate Ocado ’s sales revenue in 2019. You are advised to show your workings.

Analyse the benefit to Ocado of using new technology in its warehouses.

In the Source Booklet, look at Figure 4 and read Extract B, then answer Question 7.

Give one stage of the sales process.

Figure 5 shows the market share for each company in the virtual reality headset market in 2018 and 2019.

(Source: adapted from https://www.statista.com/statistics/755645/ global-vr-device-market-share-by-vendor/)

Using Figure 5, identify the company that left the virtual reality headset market in 2019.

Outline one advantage to Facebook of becoming a public limited company (plc).

In order to increase its profit, Facebook is considering two options:

Option 1: grow internally

Option 2: grow externally.

Justify which one of these two options Facebook should choose to increase its profit.

Evaluate the impact on Facebook of its decision to allow its employees to use remote working from home. You should use the information provided as well as your knowledge of business.

Which one of the following is a stage in the sales process?

Select one answer.

Figure 2 shows a business’ sales revenue from each of its four locations in South Yorkshire in 2020.

Using the information in Figure 2, calculate the average sales revenue for this business in 2020. You are advised to show your workings.

Explain one method that a business could use to reduce its environmental impact.

Explain one method that a business could use to extend the life cycle of one of its products.

Discuss the impact on a company of using retained profit as a source of finance for expansion.

Define the term multinational.

Figure 5 shows the percentage of customers the website www.jdsports.co.uk has had from various social media websites in 2020.

(Source: adapted from https://www.similarweb.com/website/jdsports.co.uk#social)

Using the information in Figure 5, identify the social media site that generated the smallest percentage of customers for www.jdsports.co.uk.

Outline one benefit to JD Sports of having a website.

In order to improve its competitive advantage JD Sports is considering two options:

Option 1: targeted online advertising

Option 2: sponsorship.

Justify which one of these two options JD Sports should choose.

Evaluate whether the takeover of Footasylum will allow JD Sports to increase its profit. You should use the information provided as well as your knowledge of business.

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

Select one answer.

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

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

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

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

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

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

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

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.

Analyse the impact on Tesla of increasing levels of globalisation.

Give one element of the marketing mix.

Figure 6 shows the ASOS share price over time.

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.

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

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.

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

Which one of the following is a stage in the sales process?

Select one answer.

In 2018 a business sold three products, X, Y and Z. Figure 1 shows the sales revenue generated for each of these products.

Sales revenue for products X, Y and Z in 2018

Using the information in Figure 1, calculate, to 2 decimal places, the percentage of total sales revenue made by product X in 2018. You are advised to show your workings.

Explain one drawback to a business from differentiating its product.

Explain one impact on a business from increased globalisation.

Discuss the impact on a business of becoming a public limited company (plc).

Define the term pressure group.

Figure 4 shows information about the change in Iceland’ s sales revenue between 2013 and 2017.

Percentage change in sales revenue 2013 to 2017

(Source: http://about.iceland.co.uk/wp-content/uploads/2017/12/ Iceland-Topco-Ltd-2017-results.pdf)

Using the information in Figure 4, identify the year with the smallest percentage change in Iceland’ s sales revenue.

Outline one factor that could influence Iceland’ s choice of pricing strategy for its range of new products.

In order to recruit employees for its new ‘The Food Warehouse’ stores, Iceland is considering two options:

Option 1: offer permanent contracts

Option 2: offer temporary contracts.

Justify which one of these two options Iceland should choose.

Evaluate whether Iceland is likely to benefit from its decision to ban all plastic packaging on its own-brand products. You should use the information provided as well as your knowledge of business.

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.

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.