AQA A Level Business Paper 2
Questions 2024/2025 Exam Questions
and Correct Answers | New Update
Extrapolation - 🧠 ANSWER ✔✔the action of estimating or concluding
something by assuming that existing trends will continue.
Market share calculation - 🧠 ANSWER ✔✔Sales of business / total sales in
market x 100
Market segmentation - 🧠 ANSWER ✔✔splitting consumers into groups
depending on certain characteristics (age, gender, lifestyle)
Benefits of market segmentation - 🧠 ANSWER ✔✔- better understanding of
customer needs
- better targeting of promotional messages - targeted promotion may be a
way to save money as well as being more effective
Elastic goods of demand - 🧠 ANSWER ✔✔- 1 or more value
- demand is more responsive to change in price
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
, - luxury products such as cars, jewellery
Inelastic goods of demand - 🧠 ANSWER ✔✔- 0-1 value
- demand is less responsive to change in price
- necessities such as milk, fuel, rent
Inelastic demand effect on businesses - 🧠 ANSWER ✔✔allows business to
increase prices of goods
Elastic demand effect on businesses - 🧠 ANSWER ✔✔allows business to
decrease price of goods to increase demand
Factors affecting when it's a good time to launch a new brand - 🧠 ANSWER
✔✔- state of market (decline or increasing)
- size and value of market
- divides in the market and growing niches
- looking at different demographics
- ethical factors
- competition
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
Questions 2024/2025 Exam Questions
and Correct Answers | New Update
Extrapolation - 🧠 ANSWER ✔✔the action of estimating or concluding
something by assuming that existing trends will continue.
Market share calculation - 🧠 ANSWER ✔✔Sales of business / total sales in
market x 100
Market segmentation - 🧠 ANSWER ✔✔splitting consumers into groups
depending on certain characteristics (age, gender, lifestyle)
Benefits of market segmentation - 🧠 ANSWER ✔✔- better understanding of
customer needs
- better targeting of promotional messages - targeted promotion may be a
way to save money as well as being more effective
Elastic goods of demand - 🧠 ANSWER ✔✔- 1 or more value
- demand is more responsive to change in price
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
, - luxury products such as cars, jewellery
Inelastic goods of demand - 🧠 ANSWER ✔✔- 0-1 value
- demand is less responsive to change in price
- necessities such as milk, fuel, rent
Inelastic demand effect on businesses - 🧠 ANSWER ✔✔allows business to
increase prices of goods
Elastic demand effect on businesses - 🧠 ANSWER ✔✔allows business to
decrease price of goods to increase demand
Factors affecting when it's a good time to launch a new brand - 🧠 ANSWER
✔✔- state of market (decline or increasing)
- size and value of market
- divides in the market and growing niches
- looking at different demographics
- ethical factors
- competition
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
