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Exam (elaborations)

Pearson Edexcel Level 1/Level 2 GCSE

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Please check the examination details below before entering your candidate information Centre Number Candidate Number Pearson Edexcel Level 1/Level 2 GCSE (9–1) Tuesday 14 May 2024 Afternoon (Time: 1 hour 45 minutes) Business Paper reference 1BS0/01 Total ...

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  • October 24, 2024
  • 35
  • 2024/2025
  • Exam (elaborations)
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Please check the examination details below before entering your candidate information

Candidate surname Other names


Centre Number Candidate Number



Pearson Edexcel Level 1/Level 2 GCSE (9–1)
Tuesday 14 May 2024
Afternoon (Time: 1 hour 45
minutes)
Paper
referenc
e
1BS0/01
Busines
s
🞍 🞍


PAPER 1: Investigating small business



You must have: Total Marks
Source Booklet (enclosed)



Instructions
• Use black ink or ball-point
• Fill in the boxes at the top of this page with your name,
centre number and candidate
pen.
• number.
There are three sections in this paper.
• Answer all questions in the spaces
– there may be more space than you need.


• Calculators
provided may be
You are advised to show all your working out with your answer
clearly identified at the end of your solution.
used.
Information

• The total mark for this paper is 90.
• The marks for each question are shown in
– use this as a guide as to how much time to spend on each question.
brackets
Advice
• Read each question carefully before you start to answer it.
• Try to answer every
• Check your answers if you have time at the end.
question.

Turn over


P75525A
©2024 Pearson Education

,Ltd. F:1/1/1/1/1/

, SECTION A
Answer ALL questions. Write your answers in the spaces provided.




AREA
DO NOT WRITE IN THIS
Some questions must be answered with a cross in a box . If you
change your mind about an answer, put a line through the box and
then mark your new answer with a cross .
1 (a) Which one of the following is a way of segmenting a market?
(1)
Select one answer.

A Cost
B Income
C Media
D Profit
(b) Which one of the following is a definition of
insolvency? (1)




AREA
DO NOT WRITE IN THIS
Select one answer.

A Business failure due to unpaid debts
B Credit offered by suppliers
C The cost of borrowing money
D When two businesses join together




AREA
DO NOT WRITE IN THIS




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, (c) Explain one disadvantage of starting a business as a
partnership.
(3)

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DO NOT WRITE IN THIS




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AREA




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(d) Explain one advantage to customers from increased competition.
DO NOT WRITE IN THIS




(3)

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AREA




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DO NOT WRITE IN THIS




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(Total for Question 1 = 8 marks)
AREA




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