2 BUSINESS 2 QUESTION PAPER AND
MARK SCHEME { MERGED} JUNE 2023
, Pleasewriteclearlyinblockcapitals.
Centrenumber
Candidatenumber
Surname
Forename(s)
Candidatesignature
Ideclarethisismyownwork.
A-level
BUSINESS
Paper2Business2
Wednesday7June 2023 Morning Timeallowed:2 hours
Materials ForExaminer’sUse
Forthispaperyoumusthave:
• a calculator. Question Mark
1.1
Instructions
1.2
• Useblackinkorblackball-pointpen.
• Fillintheboxesatthetopofthispage. 1.3
• Answerallquestions. 1.4
• Youmustanswerthequestionsinthespacesprovided.Donot write 2.1
outside the box around each page or on blank pages.
• Ifyouneedextraspaceforyouranswer(s),usethelinedpagesattheendof this 2.2
book. Write the question number against your answer(s). 2.3
• Doallroughworkinthisanswerbook.Crossthroughanyworkyou do not 2.4
want to be marked.
3.1
Information 3.2
• Themarksforquestionsareshowninbrackets. 3.3
• Themaximummarkforthispaperis100. 3.4
TOTAL
, 2
Donotwrite
outsidethe
Answerallquestionsinthespacesprovided. box
0 1Readtheinformationbelowandthenanswerthequestionsthatfollow.
AJS plc
AJSplcisamanufacturerofnon-recyclablepackaging.Thispackagingiswidelyusedby
takeaway food outlets. AJS plc plans to invest £500 000 in new technology to increase
capacity and make its factory more capital intensive.
AppendixADataonproposedinvestment(producedbyAJSplc’soperationsmanager)
Annualnetcash flow Discountfactor
Year
£000s (10%)
0 (500) 1.00
1 (50) 0.91
2 250 0.83
3 600 0.75
AppendixBUKmarketfornon-recyclabletakeawayfoodpackaging
*02*
IB/G/Jun23/7132/2
, 3
Donotwriteo
utsidethe
AppendixCUKmarketforrecyclabletakeawayfoodpackaging box
AppendixDSelectedHumanResourcedata 2022
Industry
AJS plc
average
Averagesalary £22000 £26000
Salarycostsasapercentageofturnover (%) 40 35
Labourturnover(%) 15 4
Workingdayslostthroughindustrialaction 25 5
Averagenumberofapplicantsforvacancies 14 55
AppendixESelectedFinancialdataforAJSplc
2022
Currentassets £550000
Currentliabilities £270000
Non-currentliabilities £4m
Operatingprofit £3m
Gearing 22%
ChangeinthesharepriceofAJSplcovertheyear –15%
Changeinthesharepriceofthetop100UKcompanies
overtheyear +8%
Turnover►
*03*
IB/G/Jun23/7132/2