Exam (elaborations)
2024 Pearson Edexcel GCSE In Business (1BS0) Paper 02 Building a business QUESTION PAPER AND MARKING SCHEME (MERGED)
Institution
PEARSON EDEXCEL
2024 Pearson Edexcel GCSE In Business (1BS0) Paper 02 Building a business QUESTION PAPER AND MARKING SCHEME (MERGED)
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December 21, 2024
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Institution
PEARSON EDEXCEL
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Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 1/Level 2 GCSE (9–1)
Wednesday 5 June 2024
Afternoon (Time: 1 hour 45 minutes) Paper
reference 1BS0/02
Business
Total Marks
Instructions
• Fill in the boxes at the top of this page with your name,
• There are three sections in this paper.
– there may be more space than you need.
You are advised to show all your working out with your answer clearly
identified at the end of your solution.
Information
• The total mark for this paper is 90.
– use this as a guide as to how much time to spend on each question.
Advice
• Read each question carefully before you start to answer it.
• Check your answers if you have time at the end.
Turn over
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
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 an element of the design mix?
(1)
Select one answer.
A Aesthetics
B Extension
C Packaging
D Production
(b) Which one of the following is the best definition of a trade bloc?
(1)
Select one answer.
A A group of countries that trade freely between themselves
B A problem involving suppliers not delivering raw materials
C A tariff on exported goods and services
D A tariff on imported goods and services
2
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, (c) Explain one reason why a business may increase its product range.
(3)
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(d) Explain one advantage to a business of using just in time (JIT) stock control.
(3)
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(Total for Question 1 = 8 marks)
3
■■■■ Turn over
, 2 (a) Which two of the following documents would be sent to a business by a person
when applying for a job?
(2)
Select two answers.
A Application form
B Curriculum vitae (CV)
C Job description
D Performance review
E Person specification
(b) Which two of the following are stages in the sales process?
(2)
Select two answers.
A Customer engagement
B Longer opening hours
C Market data
D Product knowledge
E Product promotion
Table 1 contains information about a machine that a business is
considering purchasing.
Total profit from the machine £500 000
Length of time the business will own the machine 5 years
Cost of the machine £200 000
Table 1
(c) Using the information in Table 1, calculate the average rate of return for
the machine.
(2)
. ................................................... %
4
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