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2025 OCR AS Level Business H031/01 The Local Business Environment | Verified Question Paper with Marking Scheme Attached | Complete Exam Prep & Practice Resource

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Download the 2025 OCR AS Level Business H031/01 The Local Business Environment question paper with verified marking scheme. Complete exam prep and practice resources attached, including Oxford Cambridge and RSA past papers, assessment guide, practice set with solutions, and updated study materials.

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OCR. UK STUDIES2025
| Question
OCR AS Paper
Level
with
Business
Exam-Ready
H03101
Examiner
The local
Mark
business
Schemeenvironment
|Page 1 ofVerified
44 Question paper with Marking Scheme Attached.pdf



2025 OCR AS Level Business
H031/01 The local business environment
Verified Question paper with Marking Scheme Attached



Oxford Cambridge and RSA

Friday 16 May 2025 – Morning
AS Level Business
H031/01 The local 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, the centre number and the
question number(s).
• Answer all the questions.
• Use the Resource Booklet to answer the questions in Section B.

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 16 pages.

ADVICE
• Read each question carefully before you start your answer.


© OCR 2025 [601/4674/6] OCR is an exempt Charity
DC (SL) 352175/2 Turn over

2025 OCR AS Level Business H03101 The local business environment Verified
Page 1 Question |paper
Question
with Paper
Marking
with
Scheme
Exam-Ready
Attached
Examiner Mark Scheme |

,OCR. UK STUDIES2025
| Question
OCR AS Paper
Level
with
Business
Exam-Ready
H03101
Examiner
The local
Mark
business
Schemeenvironment
|Page 2 ofVerified
44 Question paper with Marking Scheme Attached.pdf


2
Section A

Put a tick (✓) in the box next to the one correct answer for each question.


1 Four stages of the product life cycle are:

(a) development, globalisation, maturity, decline

(b) development, growth, marketing, recession

(c) development, growth, maturity, decline

(d) diversification, growth, maturity, decline
[1]


2 A business has increased its output in relation to its inputs.

Which statement must be true?

(a) Capacity utilisation has increased

(b) Productivity has increased

(c) Profit levels have increased

(d) Workforce motivation has increased
[1]


3 Rix Ltd is an independent convenience store.

What is Rix Ltd an example of?

(a) A private sector organisation that manufactures goods

(b) A secondary organisation that operates nationally

(c) A tertiary organisation that serves its local market

(d) A third sector organisation that provides a service
[1]


4 What is a short-term source of finance suitable for an entrepreneur starting their first business?

(a) Retained profit

(b) Sale and leaseback

(c) Trade credit
© OCR 2025




2025 OCR AS Level Business H03101 The local business environment Verified
Page 2 Question |paper
Question
with Paper
Marking
with
Scheme
Exam-Ready
Attached
Examiner Mark Scheme |

,OCR. UK STUDIES2025
| Question
OCR AS Paper
Level
with
Business
Exam-Ready
H03101
Examiner
The local
Mark
business
Schemeenvironment
|Page 3 ofVerified
44 Question paper with Marking Scheme Attached.pdf


3

(d) Venture capital
[1]




© OCR 2025 Turn over


2025 OCR AS Level Business H03101 The local business environment Verified
Page 3 Question |paper
Question
with Paper
Marking
with
Scheme
Exam-Ready
Attached
Examiner Mark Scheme |

, OCR. UK STUDIES2025
| Question
OCR AS Paper
Level
with
Business
Exam-Ready
H03101
Examiner
The local
Mark
business
Schemeenvironment
|Page 4 ofVerified
44 Question paper with Marking Scheme Attached.pdf


4
5 A business has seven employees who each work 20 days a month. Last month, a total of 28 days
were lost due to illness.

What was the rate of absenteeism last month?

(a) 5%

(b) 20%

(c) 25%

(d) 40%
[1]


6 A bakery does not have a unique selling point (USP). In which section of the bakery’s SWOT analysis
should this be recorded?

(a) Opportunity

(b) Strength

(c) Threat

(d) Weakness
[1]


7 A business has added value to its products.

What is the most likely disadvantage for a customer of this?

(a) Higher prices

(b) Higher quality

(c) Limited availability

(d) Reduced functionality
[1]


8 What is a social factor that may affect a retailer?

(a) Advances in SMART technologies

(b) Fewer customers are using cash

(c) Government support for electric vehicles

(d) Increases in the cost of living

© OCR 2025




2025 OCR AS Level Business H03101 The local business environment Verified
Page 4 Question |paper
Question
with Paper
Marking
with
Scheme
Exam-Ready
Attached
Examiner Mark Scheme |
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