IB/G/J un23/E13 7132/1 For Examiner’s Use Question Mark Section A 16 17 18 19 20 21 22 23 24 TOTAL Morning Time allowed: 2 hours Tuesday 23 May 2023 Materials For thi s pap er you mus t have: •a c
alculator.
Instructions •Use black ink or black ball-point pen.
•Fill in the boxes at the top of this page.
•Answer all questions in Section A and Section B .
•Answer one question from Section C and one question from Section D .
•You must answer the questions in the spaces provided. Do not wri te
outs
ide the box around each page or on blank pages.
•If you need extra space for your answer(s), use the lined pages at the en d of
thi
s book. Write the question number against your answer(s).
•Do all rough work in this answer book. Cross through any work y ou do not
w
ant to be marked.
Information •The marks for questions are shown in brackets.
•The m axim um mark for this paper is 100.Please write clearly in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature I declare this is my own work. A-level
BUSINESS
Paper 1 Business 1 2 *02*
I
B/G/Jun23 /7132/1Do not write outside the box Section A Answer all questions in this section. O
nly one answer per question is allowed. For each question completely fill in the circle alongside the appropriate answer. CORRECT METHOD WRONG METHODS If you want to change your answer you must cross out your original answer as shown. If y
ou wish to return to an answer previously crossed out, ring the answer you now wish to select as shown. 0 1 Which of the following will cause spare capacity in a business to rise? [1 mark] A New competitors are entering the market . B The business closes some factories . C The business’s product becomes more fashionable. D There is a successful advertising campaign . 0 2 Statement 1 : ‘Value added can be increased by creating barriers to entry.’ Statement 2 : ‘Value added can be increased by lowering unit costs.’ Read statements 1 and 2 and select the correct option from the following : [1 mark] A Statement 1 is true. Statement 2 is true. B Statement 1 is true. Statement 2 is false. C Statement 1 is false. Statement 2 is true. D Statement 1 is false. Statement 2 is false. 3 *03*Turn over ► IB/G/ Jun23 /7132/1 Do not write outside the box 0 3 A women’s clothes store adds furniture to its range in order to increase spending by its existing customers. According to Ansoff’s matrix this is an example of [1 mark] A diversification. B market development . C market penetration . D product development . Tur
n over for the next question