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2025 OCR AS Level Business H031/02 The Wider Business Environment | Verified Question Paper with Marking Scheme Attached | Complete Exam Prep & Practice Resource

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2025 OCR AS Level Business H031/02 The Wider Business Environment | Verified Question Paper with Marking Scheme Attached | Complete Exam Prep & Practice Resource

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the 2025UK.STUDIES//2025
OCR A/AS Level question
OCR AS paper,
Levelincluding
Businessthe
H03102
complete
TheQuestion
wider business
Paper with
environment
Exam-Ready
Verified
Examiner
Question
Mark
paper
Scheme.
with Marking
Covers Scheme
all examinable
Attached.pdf
Page
content
1 of 18
with Verifie



2025 OCR AS Level Business
H031/02 The wider business environment
Verified Question paper with Marking Scheme Attached



Oxford Cambridge and RSA

Thursday 22 May 2025 – Afternoon
AS Level Business
H031/02 The wider business environment
Time allowed: 1 hour 30 minutes

You must have:
• the Resource Booklet
You can use:
• a calculator




Please write clearly in black ink. Do not write in the barcodes.

Centre number Candidate number


First name(s)

Last name



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, centre number and the question
numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.

INFORMATION
• The total mark for this paper is 60.
• 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 12 pages.

ADVICE
• Read each question carefully before you start your answer



© OCR 2025 [601/4674/6] OCR is an exempt Charity
S Level question
Downloadpaper,
DC (PQ) 352188/5
the 2025
including
OCRthe
A/AS
complete
Level question
Questionpaper,
Paperincluding
with Exam-Ready
the complete
PageExaminer
1 of
Question
18 MarkPaper
Scheme.
with Exam-Ready
Covers all examinable
Examinercontent
Turn over
Mark Scheme.
with Verified
CoversAnswers
all examinable

,the 2025UK.STUDIES//2025
OCR A/AS Level question
OCR AS paper,
Levelincluding
Businessthe
H03102
complete
TheQuestion
wider business
Paper with
environment
Exam-Ready
Verified
Examiner
Question
Mark
paper
Scheme.
with Marking
Covers Scheme
all examinable
Attached.pdf
Page
content
2 of 18
with Verifie


2
Section A

1 Explain two reasons why the objectives of a business may need to change.

1 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

2 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................
[4]


2 A business is considering investing in new machinery. The estimated net cash-flow for the
investment is shown in the table below.

Net cash-flow
Year
£
0 (47 000)

1 14 000

2 20 000

3 26 000

Calculate the payback period for this investment.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

Answer ................................................................... [2]




© OCR 2025




S Level question
Downloadpaper,
the 2025
including
OCRthe
A/AS
complete
Level question
Questionpaper,
Paperincluding
with Exam-Ready
the complete
Page
Examiner
2 of
Question
18 Mark
Paper
Scheme.
with Exam-Ready
Covers all examinable
Examinercontent
Mark Scheme.
with Verified
CoversAnswers
all examinable

,the 2025UK.STUDIES//2025
OCR A/AS Level question
OCR AS paper,
Levelincluding
Businessthe
H03102
complete
TheQuestion
wider business
Paper with
environment
Exam-Ready
Verified
Examiner
Question
Mark
paper
Scheme.
with Marking
Covers Scheme
all examinable
Attached.pdf
Page
content
3 of 18
with Verifie


3
3 Explain what Vroom’s expectancy theory says about how individuals decide to behave.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

. .................................................................................................................................................................... [2]


4 When the average price of margarine increased by 10%, the demand for butter increased by 3%.

Calculate the cross elasticity of demand between the price of margarine and the quantity of butter demanded.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

Answer ................................................................... [2]


5 Explain two reasons why the UK government may impose barriers to international trade.

1 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

2 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................
[4]




© OCR 2025 Turn over


S Level question
Downloadpaper,
the 2025
including
OCRthe
A/AS
complete
Level question
Questionpaper,
Paperincluding
with Exam-Ready
the complete
Page
Examiner
3 of
Question
18 Mark
Paper
Scheme.
with Exam-Ready
Covers all examinable
Examinercontent
Mark Scheme.
with Verified
CoversAnswers
all examinable
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