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Download AQA A-Level- BUSINESS- Paper 1 Business 1- May 2025 - Question Paper and Marking Scheme Co and more Exams Business Statistics in PDF only on Docsity!
Please write clearly in block capitals. Centre number Candidate number Surmame Forename(s) Candidate signature | declare this is my own work. A-level BUSINESS Paper 1 Business 1 Wednesday 14 May 2025 Morning Time allowed: 2 hours Materials For Examiner's Use For this paper you must have: Question Mark * a calculator. Section A Instructions 16 e Use black ink or black ball-point pen. 7 Fill in the boxes at the top of this page. 18 « Answer all questions in Section A and Section B. e Answer one question from Section C and one question from Section D. 19 « You must answer the questions in the spaces provided. Do not write 20 outside the box around each page or on blank pages. 4 ¢ If you need extra space for your answer(s), use the lined pages at the end of this book. Write the question number against your answer(s). 22 ¢ Do all rough work in this answer book. Cross through any work you do not 23 want to be marked. 24 TOTAL Information « The marks for questions are shown in brackets. * The maximum mark for this paper is 100. JuN257132101 fe ty IB/G/Jun25/G4005/E4 srmor TT32/1 Donot write outside the box Options A to D show four possible changes to the UK economy. Based solely on these changes, which option will lead to the largest increase in UK imports? [1 mark] A A fallin GDP and a fall in the exchange rate value of the pound B A fall in GDP and a rise in the exchange rate value of the pound C Arise in GDP and a fall in the exchange rate value of the pound [o} [o) (4) D Arise in GDP and a rise in the exchange rate value of the pound Product ‘X’ was the market leader in a low growth market. New promotions by competitors lead to rapid growth in the market. However, Product ‘x’ still retains its market leadership. In terms of the Boston Matrix, Product ‘X’ has changed from: [1 mark] A acash cow to a question mark. [es] B acash cow to a star. [eS] C a question mark to a star. fs] D a star to a cash cow. [s] Statement 1: ‘According to Ansoff’s matrix, diversification is the most risky strategy.’ Statement 2: ‘According to Ansoff’s matrix, market penetration is the least risky strategy.” Read statements 1 and 2 and select the correct option from the following: [1 mark] A Statement 1 is true. Statement 2 is true. B Statement 1 is true. Statement 2 is false. C Statement 1 is false. Statement 2 is true. D Statement 1 is false. Statement 2 is false. (o} [o} (o) [ol Turn over > for more: tyrionpapers.com IB/G/Jun25/7132/1 Donot write outside the Figure 1 shows a situation in which there is a change in the break-even point of a product box from point M to point N. Costs / TRI TR2 revenue Hy (£) ---TC1 [e) Output (units) The change in break-even point from M to N has been caused by: [1 mark] A a fallin price and a decrease in fixed costs and an increase in variable costs per unit. B a fall in price and an increase in fixed costs. C arise in price and an increase in fixed costs and a decrease in variable costs per unit. [oJ fo} fo) [o D arise in price and anincrease in variable costs per unit. for more: tyrionpapers.com IB/G/Jun25/7132/1 Donot write outside the As a small business grows, the founder starts to delegate responsibilities. Every employee box will have clear procedures to follow in their jobs. Which statement below describes the change in culture of this business? [1 mark] A Person culture to role culture [eo] B Person culture to task culture [so] C Power culture to role culture fo] D Power culture to task culture [eo] A business sets two operational objectives for its four factories: « to achieve a minimum capacity utilisation of 80% ¢ to achieve a minimum labour productivity of 2 units per employee. The table below provides data for each factory. Which factory achieved both objectives? [1 mark] Factory Capacity Output suployeos A | FactoryA 100 90 50 [e] B_ | Factory B 100 85 45 [e] Cc | Factory C 100 80 40 [e] D_ | Factory D 100 75 30 [e] for more: tyrionpapers.com IB/G/Jun25/7132/1 The success of a firm’s employee engagement may be shown through all of the following outcomes except: [1 mark] A higher labour productivity. [eo] B higher labour retention rates. [es] C higher labour turnover. [es] D lower absence rates. [es] Which one of the following situations is most likely to cause strategic drift? [1 mark] External change Strategic change A High High [2] B High Low [es] c Low High [eo] D Low Low [e] Turn over for the next question Turn over > for more: tyrionpapers.com IB/G/Jun25/7132/1 Donot write outside the ‘box {1[5] Which option below is correct in ranking these actions from long-term to short-term? A Corporate objectives — mission statement — tactics B Corporate objectives — strategies — tactics C Mission statement — tactics — strategies D Tactics — strategies — mission statement Turn over for Section B [1 mark] [4 (2) fe) Turn over > for more: tyrionpapers.com IB/G/Jun25/7132/1 Donot write outside the box 10 Section B Answer all questions in this section. Questions 16 and 17 are based on the data below. Calculate the current ratio for Righton plc for 2024. Show your working. Answer Extract from accounts of Righton plc, 2024 £m £m Non-current assets 335 Inventories 80 Receivables 35 Cash 40 Payables 70 Net current assets 85 Non-current liabilities 230 Total equity 190 [4 marks] Working for more: tyrionpapers.com IB/G/Jun25/7132/1 Donot write outside the box 12 The table below shows changes to the structure of Newtown plc. Feature Before 2024 2024 onwards Number of staff 3906 3616 Average span of control 5 15 Levels of hierarchy 6 4 Analyse how this restructuring of Newtown plc in 2024 might affect its speed of response to customer enquiries. [9 marks] for more: tyrionpapers.com 1B/G/Jun25/7132/1 Donot write outside the ‘box Extra space 13 Donot write outside the box Turn over for the next question Turn over > for more: tyrionpapers.com IB/G/Jun25/7132/1 15 Donot write outside the Analyse how adopting an innovation strategy might affect the human resources function of _ a business. [9 marks] Extra space Turn over > for more: tyrionpapers.com IB/G/Jun25/7132/1 16 Donot write outside the box Section C Answer either Question 21 or Question 22. Shade the lozenge below to indicate which optional question you have answered. ( Question [2] 1[s]} ( Question [2[2[<]] CORRECT METHOD [=] WRONG METHODS [2[1] A UK business's domestic market has stopped growing. The business has decided to become a multinational corporation. To what extent is this decision likely to increase profits? [25 marks] OR [2[2] The marketing department of a business wishes to increase its market share in a growing market. To what extent is market research the most important activity of the marketing department in order to achieve this objective? [25 marks] for more: tyrionpapers.com IB/G/Jun25/7132/1 18 Do not write outside the box Extra space | | | {| ll ll for more: tyrionpapers.com 17 IB/G/Jun25/7132/1 19 Do not write outside the box Turn over > | | | {| ll ll for more: tyrionpapers.com 17 IB/G/Jun25/7132/1 
