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OCR 2023 GCSE Business J204/02: Business 2: operations, finance and influences on business Question Paper & Mark Scheme (Merged $7.99
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OCR 2023 GCSE Business J204/02: Business 2: operations, finance and influences on business Question Paper & Mark Scheme (Merged

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2 © OCR 2023 SECTION A 1 A company makes wooden jigsaw puzzles. By law, the company must: A buy its wood from local suppliers B deliver the jigsaw puzzles in electric vans C replace any pieces that customers lose D use paint that is non-toxic and safe Your answer [1] 2 Which of the follo...

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  • May 13, 2024
  • 50
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • ocr 2023 gcse business j20402 business 2 operat

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  • OCR 2023 GCSE Business
  • OCR 2023 GCSE Business

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OCR 2023 GCSE Business J204/02: Business 2: operations, finance and influences on business Question Paper & Mark Scheme (Merged) GCSE BUSINESS Please write clearly in black ink. Do not write in the barcodes. Centre number Candidate number First name(s) Last name Oxford Cambridge and RSA Monday 12 June 2023 – Afternoon GCSE (9 –1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes INSTRUCTIONS • Use black ink. • Write your answer to each question in the space provided. You can use extra paper if you need to, but you must clearly show your candidate number, the centre number and the question numbers. • Answer all the questions. INFORMATION • The total mark for this paper is 80. • The marks for each question are shown in brackets [ ]. • Quality of extended response will be assessed in questions marked with an asterisk (*). • This document has 20 pages. ADVICE • Read each question carefully before you start your answer. © OCR 2023 [603/0295/1] DC (ST) 320149/4 OCR is an exempt Charity Turn over You can use: •a calculator 2 © OCR 2023 SECTION A 1 A company makes wooden jigsaw puzzles. By law, the company must: A buy its wood from local suppliers B deliver the jigsaw puzzles in electric vans C replace any pieces that customers lose D use paint that is non-toxic and safe Your answer [1] 2 Which of the following is least likely to be a reason for a business to need finance? A To decrease the size of the workforce B To extend a marketing campaign C To increase the size of its factory D To reduce the amount of stock it purchases Your answer [1] 3 Which of the following would be fixed costs of a fruit farm? A Farm workers’ wages B Plant food and fertiliser C Rent and rates D Seeds and seedlings Your answer [1] 3 Turn over © OCR 2023 4 Four years ago an entrepreneur invested £200 000 to start up their own business. The business is making an average profit of £53 000 per year. The entrepreneur’s average rate of return is: A 6.6% B 26.5% C 73.5% D 106% Your answer [1] 5 Emma and Henry are in a partnership that runs a small building firm. Despite being profitable, the business is having difficulty paying all its expenses. Which of the following would help Emma and Henry deal with this problem? A Holding larger stocks of raw materials B Increasing the labourers’ wages C Issuing shares D Taking on a new partner Your answer [1] 6 Financial data for Pilti plc in 2022 is shown below. • Revenue £44 million • Expenses £12 million • Net profit £14 million Pilti plc’s gross profit in 2022 was: A £18 million B £26 million C £32 million D £58 million Your answer [1]

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