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Summary AQA A level Business Mock Exam Year 1 content - Questions and Answers

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AQA a level business mock exam including all year 1 content: business objectives & strategies , marketing , finance , operations/productions, human resources (HR). Includes questions, answers, model answers, and all required AO1/AO2/AO3 Points. Includes a printable version.

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AQA A level Business Mock Exam – Year
1 content

Duration: 1hour 45mins
Total Marks: 80
Answer as many questions as you can without checking notes during the exam.
Remove all distractions and ensure you are fully focused.
Answers are at the end of the exam so you can mark your answers.
A printable version is available at the very bottom if you wish to print it.




AQA A-Level Business – Year 1 Mock
Exam
Duration: 1 hour 45 minutes
Total Marks: 80


Section A – Short Answer (20 marks)
Answer all questions.
1. Define the term entrepreneur. (2 marks)
2. Outline two differences between limited and unlimited liability. (4 marks)
3. Which of the following is an internal source of finance?
A) Bank loan
B) Retained profit
C) Share issue
D) Venture capital (1 mark)
4. Explain the difference between product orientation and market orientation. (3 marks)
5. Identify and briefly describe two financial objectives a business might have. (4 marks)
6. Give one limitation of using break-even analysis. (2 marks)
7. Outline one advantage of delegation in business. (2 marks)
8. Explain what is meant by job enrichment. (2 marks)


Section B – Data Response / Extended Answer (40 marks)
Answer all questions.

, Question 1 – Marketing (10 marks)
A local café wants to increase sales by attracting more customers. Explain two ways it could
use market segmentation to achieve this.

Question 2 – Finance (10 marks)
Explain and evaluate the use of ratio analysis to assess business performance. Include
examples.

Question 3 – Operations (10 marks)
Explain how lean production techniques can improve efficiency in a manufacturing business.
Include advantages and disadvantages.

Question 4 – Human Resources (10 marks)
Discuss the impact of motivation on business performance. Evaluate at least two motivational
theories.


Section C – Essay / Extended Business Decision (20 marks)
Answer all questions.
1. A small clothing retailer is considering whether to expand online or open a new
physical store. Using business theory, evaluate which option would be better. Include
consideration of:

 Costs and revenue
 Market research
 Risks and benefits




AQA Year 1 Business Mock Exam – Model
Answers
Section A – Short Answer (20 marks)
1. Define the term entrepreneur. (2 marks)
AO1: An entrepreneur is someone who organises, manages, and takes the risks of a business
in order to make a profit. (2 marks)

2. Two differences between limited and unlimited liability. (4 marks)
AO1/AO2:

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Number of pages
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Written in
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Type
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