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Oxford Cambridge and RSA Examinations GCSEBusinessJ204/02: Business 2: operations, finance and influences on businessGeneral Certificate of Secondary Education (with attached marking scheme)

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Oxford Cambridge and RSA Examinations GCSEBusinessJ204/02: Business 2: operations, finance and influences on businessGeneral Certificate of Secondary Education (with attached marking scheme)

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Oxford Cambridge and RSA
Examinations
GCSEBusinessJ204/02:
Business 2: operations, finance
and influences on
businessGeneral Certificate of
Secondary Education (with
attached marking scheme)

, Oxford Cambridge and RSA

Monday 12 June 2023 – Afternoon
GCSE (9–1) Business
J204/02 Business 2: operations, finance and influences on
business
Time allowed: 1 hour 30 minutes
* 9 9 2 6 3 2 8 0 0 8 *




You can use:
• a calculator




* J 2 0 4 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.
• 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 20 pages.

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




© OCR 2023 [603/0295/1] OCR is an exempt Charity
DC (ST) 320149/4 Turn over

, 2
SECTION A


1 A company makes wooden jigsaw puzzles.

By law, the company must:

A buy its wood from local suppliers

B deliver the jigsaw puzzles in electric vans

C replace any pieces that customers lose

D use paint that is non-toxic and safe


Your answer [1]


2 Which of the following is least likely to be a reason for a business to need finance?

A To decrease the size of the workforce

B To extend a marketing campaign

C To increase the size of its factory

D To reduce the amount of stock it purchases


Your answer [1]


3 Which of the following would be fixed costs of a fruit farm?

A Farm workers’ wages

B Plant food and fertiliser

C Rent and rates

D Seeds and seedlings


Your answer [1]




© OCR 2023

, 3
4 Four years ago an entrepreneur invested £200 000 to start up their own business. The business
is making an average profit of £53 000 per year.

The entrepreneur’s average rate of return is:

A 6.6%

B 26.5%

C 73.5%

D 106%


Your answer [1]


5 Emma and Henry are in a partnership that runs a small building firm. Despite being profitable, the
business is having difficulty paying all its expenses.

Which of the following would help Emma and Henry deal with this problem?

A Holding larger stocks of raw materials

B Increasing the labourers’ wages

C Issuing shares

D Taking on a new partner


Your answer [1]


6 Financial data for Pilti plc in 2022 is shown below.

• Revenue £44 million
• Expenses £12 million
• Net profit £14 million

Pilti plc’s gross profit in 2022 was:

A £18 million

B £26 million

C £32 million

D £58 million


Your answer [1]



© OCR 2023 Turn over
$6.09
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