lOMoAR cPSD| 56342273
Please write clearly in block capitals.
Centre number Candidate number
Surname
Forename(s)
Candidate signature
I declare this is my own work.
A-level BUSINESS
Paper 1 Business 1
Time allowed: 2 hours
Materials
For Examiner’s Use
For this paper you must have:
• a calculator.
Question Mark
Instructions
Section A
• Use black ink or black ball-point pen.
• Fill in the boxes at the top of this page. 16
• Answer all questions in Section A and Section B.
• Answer one question from Section C and one question from Section D. 17
• You must answer the questions in the spaces provided. Do not write outside the
box around each page or on blank pages. 18
• 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). 19
• Do all rough work in this answer book. Cross through any work you do not want
to be marked. 20
Information 21
• The marks for questions are shown in brackets.
22
• The maximum mark for this paper is 100.
23
24
25
TOTAL
, lOMoAR cPSD| 56342273
2
Do not write
outside the
box
*jun227132101* IB/G/Jun22/E11 7132/1
Section A
Answer all questions in this section.
IB/G/Jun22/7132/1
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, lOMoAR cPSD| 56342273
3
Do not write
outside the
box
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 The managers of a business propose to retain all of its profit to finance automation of
its production. This is most likely to cause conflict with:
[1 mark]
A employees and lenders.
B employees and shareholders.
C lenders and suppliers.
D shareholders and suppliers.
0 2 A business is able to reduce unit costs because of lessons learned throughout the
period in which it has existed. This is known as:
[1 mark]
A economies of scale.
B economies of scope.
C synergy.
D the experience curve.
*02*
, lOMoAR cPSD| 56342273
4
Do not write
outside the
box
0 3 In a decision tree the net gain of a decision is the:
[1 mark]
A average pay-off of the outcomes.
B expected value of the best decision minus the expected value of
the next best decision.
C expected value minus the initial cost.
D total pay-off of the outcomes minus the initial cost.
IB/G/Jun22/7132/1
get similar tests @ Legit Actualexams ()
Please write clearly in block capitals.
Centre number Candidate number
Surname
Forename(s)
Candidate signature
I declare this is my own work.
A-level BUSINESS
Paper 1 Business 1
Time allowed: 2 hours
Materials
For Examiner’s Use
For this paper you must have:
• a calculator.
Question Mark
Instructions
Section A
• Use black ink or black ball-point pen.
• Fill in the boxes at the top of this page. 16
• Answer all questions in Section A and Section B.
• Answer one question from Section C and one question from Section D. 17
• You must answer the questions in the spaces provided. Do not write outside the
box around each page or on blank pages. 18
• 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). 19
• Do all rough work in this answer book. Cross through any work you do not want
to be marked. 20
Information 21
• The marks for questions are shown in brackets.
22
• The maximum mark for this paper is 100.
23
24
25
TOTAL
, lOMoAR cPSD| 56342273
2
Do not write
outside the
box
*jun227132101* IB/G/Jun22/E11 7132/1
Section A
Answer all questions in this section.
IB/G/Jun22/7132/1
get similar tests @ Legit Actualexams ()
, lOMoAR cPSD| 56342273
3
Do not write
outside the
box
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 The managers of a business propose to retain all of its profit to finance automation of
its production. This is most likely to cause conflict with:
[1 mark]
A employees and lenders.
B employees and shareholders.
C lenders and suppliers.
D shareholders and suppliers.
0 2 A business is able to reduce unit costs because of lessons learned throughout the
period in which it has existed. This is known as:
[1 mark]
A economies of scale.
B economies of scope.
C synergy.
D the experience curve.
*02*
, lOMoAR cPSD| 56342273
4
Do not write
outside the
box
0 3 In a decision tree the net gain of a decision is the:
[1 mark]
A average pay-off of the outcomes.
B expected value of the best decision minus the expected value of
the next best decision.
C expected value minus the initial cost.
D total pay-off of the outcomes minus the initial cost.
IB/G/Jun22/7132/1
get similar tests @ Legit Actualexams ()
