2023 AQA AS BUSINESS 7131/1 Paper 1 Business 1 Question Paper & Mark scheme (Merged) June 2023 [VERIFIED]

2023 AQA AS BUSINESS 7131/1 Paper 1 Business 1 Question Paper & Mark scheme (Merged) June 2023 [VERIFIED] Please write clearly in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature I declare this is my own work. AS BUSINESS Paper 1 Business 1 Friday 19 May 2023 Morning Time allowed: 1 hour 30 minutes Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the box at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside the box around each page or on blank pages. • If you need extra space for your answer(s), use the lined pages at the end of this book. Write the question number against your answer(s). • Do all rough work in this answer book. Cross through any work you do not want to be marked. Information • The marks for questions are shown in brackets. • The maximum mark for this paper is 80. For Examiner’s Use Question Mark Section A 11 12 13 14 15 16.1 16.2 17.1 17.2 TOTAL 2 Section A Answer all questions in this section. Only 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 you wish to return to an answer previously crossed out, ring the answer you now wish to select as shown. 0 1 A company decides to rely only on decision trees to decide whether to accept a project. If decisions are based on the financial outcome, what is the most important factor in these decisions? [1 mark] A Expected value B Initial cost C Net gain D Probability of success 0 2 When will a business’s corporate objectives be agreed? [1 mark] A After its mission and after its financial objectives B After its mission and before its financial objectives C Before its mission and after its financial objectives D Before its mission and before its financial objectives