(Question Paper) | Official PDF 📄
Description: Official A-Level Business Paper 2 Question Paper (Nov 2021) used for
mocks. Great for practice and revision with real exam questions.
Keywords: Edexcel A-Level Business Paper 2 question paper official document
mock exam business studies revision
Section A: Multiple Choice & Short Answer Questions (1-30)
1. What is the primary purpose of a cash flow forecast?
a) To predict future profitability
b) To identify potential cash shortages and surpluses
c) To calculate the break-even level of output
d) To set marketing objectives
2. A business has a gearing ratio of 65%. This indicates:
a) High liquidity
b) Low reliance on debt
c) High reliance on debt finance
d) High profitability
3. Which of the following is an example of a porters generic strategy?
a) Market Penetration
b) Cost Leadership
c) Market Development
d) Product Development
, 4. 'Capacity Utilisation' is best defined as:
a) The total output a business can produce
b) The percentage of a firm's total possible output that is actually being achieved
c) The efficiency of a firm's production process
d) The level of sales as a percentage of the market total
5. A business selling luxury sports cars is most likely to use which pricing
strategy?
a) Penetration Pricing
b) Price Skimming
c) Competitive Pricing
d) Predatory Pricing
6. What does the 'M' in the MARS model of effective teamwork stand for?
a) Motivation
b) Mission
c) Mutual understanding
d) Management
7. An increase in corporation tax is most likely to impact a business's:
a) Cash Flow
b) Market Share
c) Employee Motivation
d) Production Capacity
8. Which financial ratio would be most useful to assess a firm's short-term
financial stability?
a) Return on Capital Employed (ROCE)
b) Current Ratio
c) Gearing Ratio
d) Gross Profit Margin
9. Outsourcing a non-core business function, like payroll, is primarily done to:
a) Increase staff headcount