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OCR MERGED QUESTION PAPER AND MARK SCHEME GCSE (9–1) BUSINESSJ204/02 BUSINESS 2: OPERATIONS, FINANCE AND INFLUENCES ON BUSINESS FOR JUNE 2024 $12.09   Add to cart

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OCR MERGED QUESTION PAPER AND MARK SCHEME GCSE (9–1) BUSINESSJ204/02 BUSINESS 2: OPERATIONS, FINANCE AND INFLUENCES ON BUSINESS FOR JUNE 2024

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  • ABA - Accredited Business Accountant/Advisor
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  • ABA - Accredited Business Accountant/Advisor

OCR MERGED QUESTION PAPER AND MARK SCHEME GCSE (9–1) BUSINESSJ204/02 BUSINESS 2: OPERATIONS, FINANCE AND INFLUENCES ON BUSINESS FOR JUNE 2024

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  • October 16, 2024
  • 45
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ABA - Accredited Business Accountant/Advisor
  • ABA - Accredited Business Accountant/Advisor
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williesmaish2999
Wednesday 5 June 2024 – Afternoon
GCSE (9–1) Business
J204/02 Business 2: operations, finance and influences on
business

, 2
Section A


1 Which is an advantage for a manufacturer of using robotics?

A Greater productivity

B Initial investment cost

C Operatives will require training

D Will not break down


Your answer [1]


2 In 2023 a business sold 22 million items at an average price of £0.75 per item. Its total costs for
the year were £13.5 million.

The business made a net profit of:

A £3 million

B £16.5 million

C £1636.5 million

D £1650 million


Your answer [1]


3 A manufacturer that makes and sells more than its break-even quantity will:

A have insufficient revenue to cover costs

B make a profit

C need to improve its quality control

D require an overdraft


Your answer [1]




© OCR 2024

, 3
4 Which would be variable costs for a building firm?

A Administrative and legal expenses

B Bricks and roof tiles

C Business rates and buildings insurance

D Cement mixers and tools


Your answer [1]


5 What has not contributed to increased globalisation?

A A reduction in shipping costs due to bulk containerisation

B An increase in labour migration worldwide

C Restrictions on international trade

D The internet and mobile communication technologies


Your answer [1]


6 A company has recently experienced a fall in its net profit margin from 4.2% to 2.9%.

This means that:

A every £100 of sales earns £1.30 less net profit than it used to

B for every £100 of sales the company only earns £1.30

C net profit levels have fallen by 1.3%

D the company has made a net loss of 1.3%


Your answer [1]




© OCR 2024 Turn over

, 4
7 Zayn is the owner of an established business that makes heated gloves. The business has
recently experienced an increase in product returns.

Which of the following would help Zayn deal with this problem?

A Giving a bonus to the employee who sews the most gloves each month

B Improving quality checks to ensure every glove heats up correctly

C Researching other types of heated clothing that the business could make

D Segmenting the market by age, gender and lifestyle


Your answer [1]


8 Sam is a finance assistant for a national taxi firm.

Which task is most likely to be part of Sam’s job role?

A Phoning garages to negotiate vehicle servicing at reduced prices

B Posting discount codes on social media for pre-booked journeys

C Producing spreadsheets analysing quantitative market research data

D Providing cost data to help decide when to purchase new vehicles


Your answer [1]


9 In the context of business operations, what does the phrase ‘proximity to market’ refer to?

A Advertising the business specifically to those who live in the local area

B Locating a business close to its potential customers

C Only employing workers who are part of the local community

D Working on a site that is close to a source of raw materials


Your answer [1]




© OCR 2024

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