EDEXCEL A-LEVEL BUSINESS PAPER 2
QUESTIONS WITH CORRECT ANSWERS
2024
WhatNareNtheN4NtypesNofNeconomiesNofNscale?N-NcorrectNanswer-
technicalNeconomiesNofNscale,NpurchasingNeconomiesNofNscale,NmanagerialNeconomiesNofNscale,Neconomi
esNofNscope,NdiseconomiesNofNscale
AdvantageNofNusingNpersonalNsavings?N-NcorrectNanswer-WillNnotNoweNanybodyNtheNmoneyNback
WhatNisNaNsourceNofNfinance?N-NcorrectNanswer-
WhatNisNlimitedNliability?N-NcorrectNanswer-
IfNtheNcompanyNfallsNintoNdebtNyouNonlyNpayNbackNwhatNyouNinvested
WhatNisNunlimitedNliability?N-NcorrectNanswer-
TheNownerNisNpersonallyNandNfullyNresponsibleNforNallNlossesNandNdebtsNofNtheNbusiness
AdvantageNofNhavingNaNbusinessNplan?N-NcorrectNanswer-
HelpsNfinanceNprovidersNassessNtheNbusinessNmodel;
EncouragesNanalysisNofNtheNcompetitiveNpositionNofNtheNbusinessNandNtheNmarketNattractiveness
InNwhatNmarketNwouldNaNcashNflowNforecastNbeNuselessNin?N-NcorrectNanswer-DynamicNMarkets
WhyNmayNaNcashNflowNforecastNbeNaNbenefitNforNbusiness'?N-NcorrectNanswer-
TheyNwillNknowNifNtheyNareNableNtoNpayNsuppliersNback;
AdvancedNwarningsNofNcashNshortages
WhatNisNventureNcapital?N-NcorrectNanswer-ItNisNmoneyNinvestedNbyNoutsiders
QUESTIONS WITH CORRECT ANSWERS
2024
WhatNareNtheN4NtypesNofNeconomiesNofNscale?N-NcorrectNanswer-
technicalNeconomiesNofNscale,NpurchasingNeconomiesNofNscale,NmanagerialNeconomiesNofNscale,Neconomi
esNofNscope,NdiseconomiesNofNscale
AdvantageNofNusingNpersonalNsavings?N-NcorrectNanswer-WillNnotNoweNanybodyNtheNmoneyNback
WhatNisNaNsourceNofNfinance?N-NcorrectNanswer-
WhatNisNlimitedNliability?N-NcorrectNanswer-
IfNtheNcompanyNfallsNintoNdebtNyouNonlyNpayNbackNwhatNyouNinvested
WhatNisNunlimitedNliability?N-NcorrectNanswer-
TheNownerNisNpersonallyNandNfullyNresponsibleNforNallNlossesNandNdebtsNofNtheNbusiness
AdvantageNofNhavingNaNbusinessNplan?N-NcorrectNanswer-
HelpsNfinanceNprovidersNassessNtheNbusinessNmodel;
EncouragesNanalysisNofNtheNcompetitiveNpositionNofNtheNbusinessNandNtheNmarketNattractiveness
InNwhatNmarketNwouldNaNcashNflowNforecastNbeNuselessNin?N-NcorrectNanswer-DynamicNMarkets
WhyNmayNaNcashNflowNforecastNbeNaNbenefitNforNbusiness'?N-NcorrectNanswer-
TheyNwillNknowNifNtheyNareNableNtoNpayNsuppliersNback;
AdvancedNwarningsNofNcashNshortages
WhatNisNventureNcapital?N-NcorrectNanswer-ItNisNmoneyNinvestedNbyNoutsiders