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[BUSINESS] PAPER 1A EDEXCEL GCSE BUSINESS QUESTION ONLY – INVESTIGATING SMALL BUSINESS

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[BUSINESS] PAPER 1A EDEXCEL GCSE BUSINESS QUESTION ONLY – INVESTIGATING SMALL BUSINESS Edexcel GCSE Business Paper 1a Section A ANSWER ALL QUESTIONS. WRITE YOUR ANSWERS IN THE SPACES PROVIDED 1 (a) Which one of the following is not a risk of running a business? Select one answer: A Financial loss B Lack of security C Independence D Business failure (1) (b) Which one of the following is an example of secondary market research? Select one answer: A Focus group B Market reports C Observation D Survey (1) (c) Explain one advantage to business owners of having limited liability. (3) (d) Explain one disadvantage to a business of an increase in interest rates. (3) (Total for Question 1 = 8 marks) 2 (a) Which two of the following are examples of variable costs? Select two answers: A Insurance B Production wages C Raw materials D Rent E Salaries (2) (b) Which two of the following are suitable long-term sources of finance for a start-up sole trader? Select two answers: A Crowd funding B Overdraft C Share capital D Trade credit E Venture capital (2) Figure 1 shows the number of customers visiting a business over the first four weeks of this year. Figure 1 The average selling price per customer £5. (c) Using the information in Figure 1, calculate the sales revenue of the business for the first four weeks of this year. You are advised to show your workings. (2)

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Write your name here
Surname Other names


Centre Number Candidate Number




Edexcel GCSE Business
Paper 1a: Investigating small business

Practice paper Paper reference
Time: 1 hour 30 Minutes Paper 1a
You do not need any other materials Total




Instructions
• Use black ink or black ball-point pen
• Fill in the boxes at the top of this page with your name, centre number and candidate number
• There are three sections in this paper
• Answer all questions in each section
• Answer the questions in the spaces provided – there may be more space than you need
• Calculators may be used
• 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
• The marks for each question are shown in brackets – use this as a guide as to how much


Page 2 Edexcel GCSE Business Practice Exam Paper 1a

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time to spend on each question

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




Edexcel GCSE Business Practice Exam Paper 1a Page 3

, ©




[BUSINESS] PAPER 1A EDEXCEL GCSE
BUSINESS QUESTION ONLY –
INVESTIGATING SMALL BUSINESS


Edexcel GCSE Business
Paper 1a
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 not a risk of running a business?
Select one answer:
A Financial loss
B Lack of security
C Independence
D Business failure
(1)


(b) Which one of the following is an example of secondary market research?
Select one answer:
A Focus group
B Market reports
C Observation
D Survey
(1)


(c) Explain one advantage to business owners of having limited liability.
(3)




Page 4 Edexcel GCSE Business Practice Exam Paper 1a

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[BUSINESS] PAPER 1A EDEXCEL GCSE BUSINESS QUESTION
Grado
[BUSINESS] PAPER 1A EDEXCEL GCSE BUSINESS QUESTION

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Subido en
6 de noviembre de 2023
Número de páginas
21
Escrito en
2023/2024
Tipo
Examen
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