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Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

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Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

Institution
BUSINESS STUDIES
Course
BUSINESS STUDIES











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Institution
BUSINESS STUDIES
Course
BUSINESS STUDIES

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Uploaded on
January 24, 2025
Number of pages
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Written in
2024/2025
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Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+


1. Stakeholders Individuals or groups of individuals who affect or ar
affected by a business

2. Give 8 1. Government
examples of 2. Owner
stakeholders 3. Employees
4. Financiers
5. Community
6. Costumers
7. Managers
8. Suppliers

Goods and services that are produced for
3. Consumer consumers
Goods

4. Producer Goods Goods or products sold from one business to
another

5. Needs Essentials needed for human survivial
6. Wants Luxury items that are desired but not required

7. What are objec- 1. Survival
tives that busi- 2. Image
nesses have? 3. Growth
4. Profit
5.Market Share
8. What are Specific
SMART Measurabl
objectives? e
Achievabl
e Realistic
Timely

9. Entrepreneurs Individuals that takes risks on new business ideas

10. What are some of the qualities or skills that a suc- cessful
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,Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

entrepre- neur 1.Risk taker
must have? 2. Organsied
3. Leader
4. Confident
5. Brave




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,Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

6. Positive
7. Smart
8. Determined
9. Innovative
10.Responsible
11. Sole Trader A business owned by one person

12. Three advan- 1.All profits are kept
tages of being a 2.Full control of business
Sole Trader? 3.Can apply for government help or support
13. Three 1.Unlimited liability
disadvan- tages 2. Unincorporated
of being a Sole 3.No continuity
Trader?

14. Partnerships Business owned by 2 - 20 people and are of two
forms:
limited liability partnerships and unlimited liability
partner- ships

15. Three advan- 1.More capitol
tages of partner- 2.Shared workload
ships 3.No legal formalities
4.Partners can specialise in differnet fields or
depart- ments
16. Three disadvan- 1.Conflicts and issues may arise
tages of partner- 2.Unlimited liability
ships 3.Profits shared
4.Tend to be small

17. Sleeping Partner A partner who has a share in the business but does
not
work in it

18. Deed of partner-
ship 19. Why are they used?
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,Edexcel GCSE Business Studies Exam 2025 ACTUAL EXAM COMPLETE 180 QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) ALREADY GRADED A+

A document
containing an
agreement between
all part- ners that
details the rights
and obligations of
each partner
participating in the
venture

They are used to
sort out which
department or area
each partner
specifies in




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