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EDEXCEL AS LEVEL JUNE 2023 BUSINESS 8BS0 QUESTION PAPER 2
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EDEXCEL AS LEVEL JUNE 2023 BUSINESS 8BS0 QUESTION PAPER 2
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STRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGE STRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIPEDEXCEL 2023 papers AND markschemes
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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 3 GCE
Friday 26 May 2023
Afternoon (Time: 1 hour 30 minutes) Paper
reference 8BS0/02
Business
Advanced Subsidiary
PAPER 2: Managing Business Activities
You do not need any other materials. Total Marks
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
•• Answer all questions.
Answer the questions in the spaces provided
– there may be more space than you need.
Information
•• The total mark for this paper is 80.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
• You may use a calculator.
Advice
•• Read each question carefully before you start to answer it.
Try to answer every question.
• Check your answers if you have time at the end.
Turn over
P66540RA
©2023 Pearson Education Ltd.
N:1/1/1/1/1/1/1/
*P66540RA0124*
, Answer ALL questions.
SECTION A
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Read the following Extracts (A and B) before answering Question 1.
Write your answers in the spaces provided.
Extract A
Jack Wills Ltd to reconsider its future
In 2019, fashion retailer, Jack Wills, appointed advisors to look at options for the future of
the business. This included the possible sale of the business. Since 2017, the retailer has
suffered from falling sales and has used up a £20m cash injection from owners, Bluegem
Capital. 5
Rumours suggest that Jack Wills is suffering from poor working capital. It has already
asked its landlords to reduce store rental costs in an effort to reduce its fixed costs. Jack
Wills’ suppliers have also been affected by the problems at the business, with each store
reducing the amount of buffer stock held. Suppliers have been asked to extend the trade
credit period. Jack Wills has negotiated an increased overdraft facility with its bank, HSBC. 10
Jack Wills was not the only retailer to face difficulties on the UK high street. In 2019,
upmarket retailers Pretty Green and Karen Millen, both failed as high street stores, and
continued to lose footfall to online retailers such as Boohoo.com and ASOS.
(Source: adapted from © Guardian News & Media Ltd)
Extract B
Selected information from Jack Wills Ltd’s Statement of Comprehensive Income (2018)
£000s
Revenue 129 297
Cost of sales (63 380)
Other operating expenses (80 149)
Operating profit (14 232)
Profit for the year (net profit) (14 838)
(Source: adapted from https://beta.companieshouse.gov.uk/company/03504842/filing-history)
2
*P66540RA0224*
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