AQA GCSE Business Studies Paper 2
2024/2025 Exam Questions and Answers
| 100% Solved
Aim - 🧠 ANSWER ✔✔The intention to reach a goal.
Asset - 🧠 ANSWER ✔✔Something the business owns; it has a value.
Air pollution - 🧠 ANSWER ✔✔The presence or introduction of harmful
substances into the air causing disease, allergies or damage to humans,
animals, plants or the built environment.
Advertising - 🧠 ANSWER ✔✔A method of communicating information about
the product; the business pays for advertising time/space.
Consumer law - 🧠 ANSWER ✔✔Laws designed to ensure that businesses
make products that are safe and of good quality, and that they deal with
customers honestly and fairly.
Brand image - 🧠 ANSWER ✔✔The consumers' perception of the brand; its
character, qualities and shortcomings. It is developed over time and
operates as a consistent theme through advertising campaigns.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
,Average rate of return - 🧠 ANSWER ✔✔The average profit for the year as a
percentage of the original investment.
Business plan - 🧠 ANSWER ✔✔A detailed statement of how the business
intends to operate, either at start-up or during a given period of time.
Competition - 🧠 ANSWER ✔✔The rivalry between businesses looking to
sell their goods/services in the same market.
Consumer spending - 🧠 ANSWER ✔✔The money spent by households on
goods and services to satisfy their needs and wants.
Channels of distribution - 🧠 ANSWER ✔✔The route the ownership of the
product transfers from the seller to the buyer; it may be a single transaction
or pass through others such as wholesalers, distributors, agents and
retailers.
Break-even chart - 🧠 ANSWER ✔✔A diagrammatic representation of the
costs and revenue for a product; it plots total costs against total sales
revenue, showing the break-even point where they cross.
Break-even output - 🧠 ANSWER ✔✔The point at which the business' total
sales equals the total costs. There is neither profit nor loss.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
, Cost - 🧠 ANSWER ✔✔The money spent by a business on goods and
services.
Competitive pricing - 🧠 ANSWER ✔✔Setting the price of a product so that it
is in line with competitors' prices.
Contracts of employment - 🧠 ANSWER ✔✔A legal document that sets out
the terms and conditions of the job for the employer and the employee.
Customer - 🧠 ANSWER ✔✔Individuals, businesses or organisations that
purchase goods/services and make decisions about which supplier to
choose.
Disposal of waste - 🧠 ANSWER ✔✔The removal, storage or destruction of
unwanted material. Methods include recycling, burning and landfill sites.
Cost-plus pricing - 🧠 ANSWER ✔✔Setting the price of a good or service at
an amount higher than the cost of producing it so that a profit is made.
Cash - 🧠 ANSWER ✔✔Money that the business has in cash or at the bank.
Cash flow forecast - 🧠 ANSWER ✔✔A financial planning tool that estimates
the money coming into and going out of the business on a month-by-month
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
2024/2025 Exam Questions and Answers
| 100% Solved
Aim - 🧠 ANSWER ✔✔The intention to reach a goal.
Asset - 🧠 ANSWER ✔✔Something the business owns; it has a value.
Air pollution - 🧠 ANSWER ✔✔The presence or introduction of harmful
substances into the air causing disease, allergies or damage to humans,
animals, plants or the built environment.
Advertising - 🧠 ANSWER ✔✔A method of communicating information about
the product; the business pays for advertising time/space.
Consumer law - 🧠 ANSWER ✔✔Laws designed to ensure that businesses
make products that are safe and of good quality, and that they deal with
customers honestly and fairly.
Brand image - 🧠 ANSWER ✔✔The consumers' perception of the brand; its
character, qualities and shortcomings. It is developed over time and
operates as a consistent theme through advertising campaigns.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
,Average rate of return - 🧠 ANSWER ✔✔The average profit for the year as a
percentage of the original investment.
Business plan - 🧠 ANSWER ✔✔A detailed statement of how the business
intends to operate, either at start-up or during a given period of time.
Competition - 🧠 ANSWER ✔✔The rivalry between businesses looking to
sell their goods/services in the same market.
Consumer spending - 🧠 ANSWER ✔✔The money spent by households on
goods and services to satisfy their needs and wants.
Channels of distribution - 🧠 ANSWER ✔✔The route the ownership of the
product transfers from the seller to the buyer; it may be a single transaction
or pass through others such as wholesalers, distributors, agents and
retailers.
Break-even chart - 🧠 ANSWER ✔✔A diagrammatic representation of the
costs and revenue for a product; it plots total costs against total sales
revenue, showing the break-even point where they cross.
Break-even output - 🧠 ANSWER ✔✔The point at which the business' total
sales equals the total costs. There is neither profit nor loss.
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
, Cost - 🧠 ANSWER ✔✔The money spent by a business on goods and
services.
Competitive pricing - 🧠 ANSWER ✔✔Setting the price of a product so that it
is in line with competitors' prices.
Contracts of employment - 🧠 ANSWER ✔✔A legal document that sets out
the terms and conditions of the job for the employer and the employee.
Customer - 🧠 ANSWER ✔✔Individuals, businesses or organisations that
purchase goods/services and make decisions about which supplier to
choose.
Disposal of waste - 🧠 ANSWER ✔✔The removal, storage or destruction of
unwanted material. Methods include recycling, burning and landfill sites.
Cost-plus pricing - 🧠 ANSWER ✔✔Setting the price of a good or service at
an amount higher than the cost of producing it so that a profit is made.
Cash - 🧠 ANSWER ✔✔Money that the business has in cash or at the bank.
Cash flow forecast - 🧠 ANSWER ✔✔A financial planning tool that estimates
the money coming into and going out of the business on a month-by-month
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
3
STATEMENT. ALL RIGHTS RESERVED
