Candidate signature
I declare this is my own work.
A-level
BUSINE
SS
Paper 2 Business 2
Tuesday 21 May 2024 Morning Time allowed: 2 hours
Materials For Examiner’s Use
For this paper you must have:
a calculator. Question Mark
1.1
Instructions 1.2
Use black ink or black ball-point pen. 1.3
Fill in the boxes at the top of this page.
1.4
Answer all questions.
You must answer the questions in the spaces provided. Do not write 2.1
outside the box around each page or on blank pages. 2.2
If you need extra space for your answer(s), use the lined pages at the end of
2.3
this book. Write the question number against your answer(s).
Do all rough work in this answer book. Cross through any work you 3.1
do not want to be marked. 3.2
3.3
Information
The marks for questions are shown in brackets. TOTAL
The maximum mark for this paper is 100.
,7132/2
, 2
Do not write
outside the
Answer all questions in the spaces provided. box
0 1 Read the information below and then answer the questions that follow.
Biggs Ltd
Biggs Ltd operates in the snack food market, selling crisps, nuts and other savoury
products. Potatoes are a key ingredient in its snacks. The price of potatoes has risen by
35% over the last two years.
The company is one of six firms who dominate a market that has been growing strongly for
ten years. The market growth is largely due to the development of new snacks designed
for children. However, Biggs Ltd’s market share has been falling since 2019.
Biggs Ltd plans to launch a completely new range of products in 2024. It will promote this
by sponsoring a major televised sporting competition which has children and families as its
audience.
Appendix A Extract from Biggs Ltd’s recent financial statements
2023 2022
£000s £000s
Revenue 47 569 46 994
Gross profit 22 289 22 820
Operating profit 4 650 4 701
Payables 5 056 5 221
Appendix B Labour productivity for Biggs Ltd and the snack food industry average
(shown as an index number, base year = 2017)
Year Biggs Ltd Industry average
2020 104.2 104.3
2023 100.3 105.9
approved
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestPaperPro. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.