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OCR AS LEVEL 2025 BUSINESS Paper 1 QP

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OCR AS LEVEL 2025 BUSINESS Paper 1 QP

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TYRIONPAPERS.COM

, Oxford Cambridge and RSA

Friday 16 May 2025 – Morning
AS Level Business
H031/01 The local business environment
Time allowed: 1 hour 30 minutes

You must have:
* 1 8 7 7 8 4 8 7 3 8 *




• the Resource Booklet
You can use:
• a calculator




* H 0 3 1 0 1 *




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, the centre number and
the question number(s).
• Answer all the questions.
• Use the Resource Booklet to answer the questions in Section B.

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 16 pages.

ADVICE
• Read each question carefully before you start your answer.




© OCR 2025 [601/4674/6] OCR is an exempt Charity
DC (SL) 352175/2 Turn over


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, 2
Section A

Put a tick (✓) in the box next to the one correct answer for each question.


1 Four stages of the product life cycle are:

(a) development, globalisation, maturity, decline

(b) development, growth, marketing, recession

(c) development, growth, maturity, decline

(d) diversification, growth, maturity, decline
[1]


2 A business has increased its output in relation to its inputs.

Which statement must be true?

(a) Capacity utilisation has increased

(b) Productivity has increased

(c) Profit levels have increased

(d) Workforce motivation has increased
[1]


3 Rix Ltd is an independent convenience store.

What is Rix Ltd an example of?

(a) A private sector organisation that manufactures goods

(b) A secondary organisation that operates nationally

(c) A tertiary organisation that serves its local market

(d) A third sector organisation that provides a service
[1]


4 What is a short-term source of finance suitable for an entrepreneur starting their first business?

(a) Retained profit

(b) Sale and leaseback

(c) Trade credit

(d) Venture capital
[1]
© OCR 2025



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