AQA_A Level Business Studies Paper 1-QP2020 VERIFIED.

A-level BUSINESS Paper 1 Business 1 2 *02* IB/G/Jun20/7132/1 Do not write outside the Section A box Answer all questions in this section. 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 process of transforming raw information into useful information that can support various activities of a business’. The definition above most accurately describes [1 mark] A data mining. B e-commerce. C enterprise resource planning. D gathering big data. 0 2 Despite a significant increase in its sales revenue, a product’s market share falls from 60% to 50%. This product is a [1 mark] A cash cow. B dog. C problem child/question mark. D star. 3 *03* Turn over ► IB/G/Jun20/7132/1 Do not write outside the 0 3 Statement 1: box ‘An increase in its level of capacity utilisation can help a business because it allows it more time for maintenance and repair of equipment.’ Statement 2: ‘An increase in its level of capacity utilisation can help a business because it allows it to meet unexpected increases in demand.’ Read statements 1 and 2 and select the correct option from the following options. [1 mark] A Statement 1 is true. Statement 2 is true. B Statement 1 is true. Statement 2 is false. C Statement 1 is false. Statement 2 is true. D Statement 1 is false. Statement 2 is false. 0 4 The table below shows data from a company’s accounts. Item £ (million) Cost of sales 4 Other expenses 3 Sales revenue 12 Taxation 2 The company’s operating profit is [1 mark] A £3 million. B £5 million. C £6 million. D £8 million. 4 *04* IB/G/Jun20/7132/1 Do not write outside the box 0 5 Statement 1: ‘Lean production should reduce unit costs because it involves a business buying raw materials in greater bulk.’ Statement 2: ‘Lean production should reduce unit costs because it reduces wastage of raw materials.’ Read statements 1 and 2 and select the correct option from the following options. [1 mark] A Statement 1 is true. Statement 2 is true. B Statement 1 is true. Statement 2 is false. C Statement 1 is false. Statement 2 is true. D Statement 1 is false. Statement 2 is false. 0 6 The table below shows four possible scenarios. Scenario Managers’ willingness to make internal changes Likelihood of external changes in market A High High B High Low C Low High D Low Low In which of these scenarios is strategic drift least likely to occur?