I had by business exam yesterday and this is all i remember... for current year 10s, this will be your mock paper when you're in y11
2025 GCSE AQA BUSINESS PP1: the first few questions were easy if you know your key words.
12 marker:The business (CP) needs to develop its online website to compete with the competitors, as they are losing customers to them, you need to raise capital for it. also no employee has been made redundant for over 50 years. the business treats its employees like family and pays them well. business is well known for its high quality goods.
option 1: sell 60% of shares to raise capital, a investor is ready to buy these shares from you (she is well known and successful) she will however cut employee costs to maximise profits.
option 2: you change suppliers to a supplier that’s charging half the price for slightly less quality material. you buy 65% of your raw material from there and negotiate the other 35% with your current supplier, to sell for a lower price.
analyse the impact of each option on the businesses main objective.
1 markers:mainly production process - job, lean
2 markers: key term
define decentralisation
advantage of lean production.
6 marker: dynamic nature of a business - technology
a well known business is located in a busy shopping mall. They have a lot of employees around with iPad to help the customers. some of them stand near the escalator, follow them and help them with their purchases. customers can also contact the business online. The business is well known for its great appeal and customer service.
analyse the effect of the businesses services on the business.
9 marker: methods of stock control
the business imports raw material from China as it is cheaper. They import these materials every 3 months. The business predicts the amount of stock they need ahead of time. They also keep some buffer stock in case of a spike in purchases. The business receives a discount on orders that are bought in bulk.
The business could change to a local supplier however material from the UK is over priced. If they do change to a local supplier, they get the material within 24 hours. So they are thinking to change to a JIT method of stock control. They could also expand the production are as the stock room wouldn't be needed.
recommend whether the business should change to a JIT method of stock control.
4 markers: globalisation
figure 2 shows the British pound against the Chinese yen, describe how the information on figure 2 relates to the price of importing goods from China. (the diagram shows like as a couple months go by, it gets more expensive to import from China)