Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 1/Level 2 GCSE (9–1)
Thursday 21 May 2026
Afternoon (Time: 1 hour 45 minutes) Paper
reference 1BS0/02
Business
PAPER 2: Building a business
You must have: Total Marks
Source Booklet (enclosed)
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
•• There are three sections in this paper.
Answer all questions.
• Answer the questions in the spaces provided
– there may be more space than you need.
•• Calculators may be used.
You are advised to show all your working out with your answer clearly
identified at the end of your solution.
Information
•• The total mark for this paper is 90.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
Advice
•• Read each question carefully before you start to answer it.
Try to answer every question.
• Check your answers if you have time at the end.
Turn over
P79921A
©2026 Pearson Education Ltd.
P:1/1/1/1/1
*P79921A0124*
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
1 (a) Which one of the following is the best definition of buffer stock? It is the:
(1)
Select one answer.
A maximum stock level held by a business
B minimum stock level held by a business
C stock level held at the end of a time period
D stock level held at the start of a time period
(b) Which one of the following is an internal source of finance?
(1)
Select one answer.
A Overdraft
B Retained profit
C Sales revenue
D Share capital
2
*P79921A0224*
, (c) Explain one benefit to a business of its product being in the maturity phase of the
product life cycle.
(3)
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
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(d) Explain one advantage to a business from its employees having permanent
contracts.
(3)
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(Total for Question 1 = 8 marks)
3
*P79921A0324* Turn over
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 1/Level 2 GCSE (9–1)
Thursday 21 May 2026
Afternoon (Time: 1 hour 45 minutes) Paper
reference 1BS0/02
Business
PAPER 2: Building a business
You must have: Total Marks
Source Booklet (enclosed)
Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
•• There are three sections in this paper.
Answer all questions.
• Answer the questions in the spaces provided
– there may be more space than you need.
•• Calculators may be used.
You are advised to show all your working out with your answer clearly
identified at the end of your solution.
Information
•• The total mark for this paper is 90.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
Advice
•• Read each question carefully before you start to answer it.
Try to answer every question.
• Check your answers if you have time at the end.
Turn over
P79921A
©2026 Pearson Education Ltd.
P:1/1/1/1/1
*P79921A0124*
, SECTION A
Answer ALL questions. Write your answers in the spaces provided.
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Some questions must be answered with a cross in a box . If you change your mind about an
answer, put a line through the box and then mark your new answer with a cross .
1 (a) Which one of the following is the best definition of buffer stock? It is the:
(1)
Select one answer.
A maximum stock level held by a business
B minimum stock level held by a business
C stock level held at the end of a time period
D stock level held at the start of a time period
(b) Which one of the following is an internal source of finance?
(1)
Select one answer.
A Overdraft
B Retained profit
C Sales revenue
D Share capital
2
*P79921A0224*
, (c) Explain one benefit to a business of its product being in the maturity phase of the
product life cycle.
(3)
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
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(d) Explain one advantage to a business from its employees having permanent
contracts.
(3)
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
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. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
(Total for Question 1 = 8 marks)
3
*P79921A0324* Turn over
