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2025 OCR AS Level Business
H031/02 The wider business environment
Verified Question paper with Marking Scheme Attached
Oxford Cambridge and RSA
Thursday 22 May 2025 – Afternoon
AS Level Business
H031/02 The wider business environment
Time allowed: 1 hour 30 minutes
You must have:
• the Resource Booklet
You can use:
• a calculator
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink.
• Write your answer to each question in the space provided. You can use extra paper if you
need to, but you must clearly show your candidate number, centre number and the question
numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 60.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 12 pages.
ADVICE
• Read each question carefully before you start your answer
© OCR 2025 [601/4674/6] OCR is an exempt Charity
2025 OCR
DC (PQ) 352188/5
Download
AS Level
theBusiness
2025
2025OCR
OCR
H03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widertheVerified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Turn
Attached.pdf
with Marking
Mark
over Attached
Scheme
Scheme
,Page 2Download
Download
the 2025the
OCR
2025
A/AS
OCRLevel
A/ASquestion
Level question
paper, including
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the complete
the complete
Question
Question
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with Exam-Ready
Examiner
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Mark Scheme
Mark Scheme
2
Section A
1 Explain two reasons why the objectives of a business may need to change.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
2 A business is considering investing in new machinery. The estimated net cash-flow for the
investment is shown in the table below.
Net cash-flow
Year
£
0 (47 000)
1 14 000
2 20 000
3 26 000
Calculate the payback period for this investment.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer ................................................................... [2]
© OCR 2025
2025 OCR
Download
AS Level
theBusiness
2025
2025OCR
OCRH03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widerthe
Verified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Attached.pdf
with Marking
MarkScheme
SchemeAttached
, Page 3Download
Download
the 2025the
OCR
2025
A/AS
OCRLevel
A/ASquestion
Level question
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the complete
Question
Question
Paper with
Paper
Exam-Ready
with Exam-Ready
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Mark Scheme
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3
3 Explain what Vroom’s expectancy theory says about how individuals decide to behave.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
. .................................................................................................................................................................... [2]
4 When the average price of margarine increased by 10%, the demand for butter increased by 3%.
Calculate the cross elasticity of demand between the price of margarine and the quantity of butter demanded.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer ................................................................... [2]
5 Explain two reasons why the UK government may impose barriers to international trade.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
© OCR 2025 Turn over
2025 OCR
Download
AS Level
theBusiness
2025
2025OCR
OCRH03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widerthe
Verified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Attached.pdf
with Marking
MarkScheme
SchemeAttached
Download
the 2025the
OCR
2025
A/AS
OCRLevel
A/ASquestion
Level question
paper, including
paper, including
the complete
the complete
Question
Question
Paper with
Paper
Exam-Ready
with Exam-Ready
Examiner
Examiner
Mark Scheme
Mark Scheme
2025 OCR AS Level Business
H031/02 The wider business environment
Verified Question paper with Marking Scheme Attached
Oxford Cambridge and RSA
Thursday 22 May 2025 – Afternoon
AS Level Business
H031/02 The wider business environment
Time allowed: 1 hour 30 minutes
You must have:
• the Resource Booklet
You can use:
• a calculator
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink.
• Write your answer to each question in the space provided. You can use extra paper if you
need to, but you must clearly show your candidate number, centre number and the question
numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
INFORMATION
• The total mark for this paper is 60.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document has 12 pages.
ADVICE
• Read each question carefully before you start your answer
© OCR 2025 [601/4674/6] OCR is an exempt Charity
2025 OCR
DC (PQ) 352188/5
Download
AS Level
theBusiness
2025
2025OCR
OCR
H03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widertheVerified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Turn
Attached.pdf
with Marking
Mark
over Attached
Scheme
Scheme
,Page 2Download
Download
the 2025the
OCR
2025
A/AS
OCRLevel
A/ASquestion
Level question
paper, including
paper, including
the complete
the complete
Question
Question
Paper with
Paper
Exam-Ready
with Exam-Ready
Examiner
Examiner
Mark Scheme
Mark Scheme
2
Section A
1 Explain two reasons why the objectives of a business may need to change.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
2 A business is considering investing in new machinery. The estimated net cash-flow for the
investment is shown in the table below.
Net cash-flow
Year
£
0 (47 000)
1 14 000
2 20 000
3 26 000
Calculate the payback period for this investment.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer ................................................................... [2]
© OCR 2025
2025 OCR
Download
AS Level
theBusiness
2025
2025OCR
OCRH03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widerthe
Verified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Attached.pdf
with Marking
MarkScheme
SchemeAttached
, Page 3Download
Download
the 2025the
OCR
2025
A/AS
OCRLevel
A/ASquestion
Level question
paper, including
paper, including
the complete
the complete
Question
Question
Paper with
Paper
Exam-Ready
with Exam-Ready
Examiner
Examiner
Mark Scheme
Mark Scheme
3
3 Explain what Vroom’s expectancy theory says about how individuals decide to behave.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
. .................................................................................................................................................................... [2]
4 When the average price of margarine increased by 10%, the demand for butter increased by 3%.
Calculate the cross elasticity of demand between the price of margarine and the quantity of butter demanded.
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
Answer ................................................................... [2]
5 Explain two reasons why the UK government may impose barriers to international trade.
1 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
2 .......................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
..........................................................................................................................................................
[4]
© OCR 2025 Turn over
2025 OCR
Download
AS Level
theBusiness
2025
2025OCR
OCRH03102
A/AS
AS Level
Level
The Business
wider
question
business
H03102
paper,
environment
including
The widerthe
Verified
business
complete
Question
environment
Question
paper
Paper
Verified
withwith
Marking
Question
Exam-Ready
Scheme
paper Examiner
Attached.pdf
with Marking
MarkScheme
SchemeAttached
