Oxford Cambridge and RSA
Tuesday 20 May 2025 – Morning
A Level Business
H431/02 The UK business environment
Time allowed: 2 hours
You must have:
* 1 8 8 5 1 6 3 8 0 9 *
• the Resource Booklet
You can use:
• a calculator
* H 4 3 1 0 2 *
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 numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• 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 [601/4675/8] OCR is an exempt Charity
DC (DE) 342416/3 Turn over
for more: tyrionpapers.com
, 2
Section A
1 Define the term ‘business plan’.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..................................................................................................................................................... [2]
2 State two types of communication media a business may use.
1 .......................................................................................................................................................
2 .......................................................................................................................................................
[2]
3 A UK-based business exports its products to Greece, which uses the Euro (€) as its currency.
The product’s selling price, including transportation, is £165.
If the exchange rate is £1 = €1.22, calculate the price paid in Euros by a Greek importer. Show
your working.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer = € ........................................................... [2]
© OCR 2025
for more: tyrionpapers.com
, 3
4 Explain two reasons why the dismissal of an employee would be considered unfair.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 ........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
5 Explain one reason why a business may choose to operate in each of the following markets:
Physical market ................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Non-physical market ........................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
6 State two characteristics of a public limited company.
1 .......................................................................................................................................................
2 .......................................................................................................................................................
[2]
© OCR 2025 Turn over
for more: tyrionpapers.com
, 4
7 A business buys a new vehicle for £35 000. The Finance Director is considering which method of
depreciation to use.
Option 1: Straight line method
The vehicle will be depreciated over a five-year period with no residual value.
Option 2: Reducing balance method
The vehicle will be depreciated at a rate of 25% per year.
Using both these options, calculate the difference between the recorded value for each option at
the end of Year one. Show your working.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer = £ ........................................................... [4]
© OCR 2025
for more: tyrionpapers.com
Tuesday 20 May 2025 – Morning
A Level Business
H431/02 The UK business environment
Time allowed: 2 hours
You must have:
* 1 8 8 5 1 6 3 8 0 9 *
• the Resource Booklet
You can use:
• a calculator
* H 4 3 1 0 2 *
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 numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 80.
• 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 [601/4675/8] OCR is an exempt Charity
DC (DE) 342416/3 Turn over
for more: tyrionpapers.com
, 2
Section A
1 Define the term ‘business plan’.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..................................................................................................................................................... [2]
2 State two types of communication media a business may use.
1 .......................................................................................................................................................
2 .......................................................................................................................................................
[2]
3 A UK-based business exports its products to Greece, which uses the Euro (€) as its currency.
The product’s selling price, including transportation, is £165.
If the exchange rate is £1 = €1.22, calculate the price paid in Euros by a Greek importer. Show
your working.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer = € ........................................................... [2]
© OCR 2025
for more: tyrionpapers.com
, 3
4 Explain two reasons why the dismissal of an employee would be considered unfair.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 ........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
5 Explain one reason why a business may choose to operate in each of the following markets:
Physical market ................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Non-physical market ........................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
6 State two characteristics of a public limited company.
1 .......................................................................................................................................................
2 .......................................................................................................................................................
[2]
© OCR 2025 Turn over
for more: tyrionpapers.com
, 4
7 A business buys a new vehicle for £35 000. The Finance Director is considering which method of
depreciation to use.
Option 1: Straight line method
The vehicle will be depreciated over a five-year period with no residual value.
Option 2: Reducing balance method
The vehicle will be depreciated at a rate of 25% per year.
Using both these options, calculate the difference between the recorded value for each option at
the end of Year one. Show your working.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer = £ ........................................................... [4]
© OCR 2025
for more: tyrionpapers.com
