100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Past GCSE Paper: OCR Business Paper 1 (May 2019) $3.89   Add to cart

Exam (elaborations)

Past GCSE Paper: OCR Business Paper 1 (May 2019)

 9 views  0 purchase
  • Course
  • Institution

This is the OCR GCSE Business Paper 1 exam completed on 24/5/2019 which covers business activity, marketing and people.

Preview 3 out of 20  pages

  • July 12, 2023
  • 20
  • 2019/2020
  • Exam (elaborations)
  • Only questions
  • 4
avatar-seller
Oxford Cambridge and RSA

Friday 24 May 2019 – Morning
GCSE (9–1) Business
J204/01 Business 1: business activity, marketing and people
Time allowed: 1 hour 30 minutes

You may use:
* 7 7 0 4 0 3 2 3 4 6 *




• a calculator




* J 2 0 4 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.
• Sections A and B: answer all the questions.
• Write your answer to each question in the space provided. Additional paper may be
used if required but you must clearly show your candidate number, centre number and
question number(s).

INFORMATION
• The total mark for this paper is 80.
• The marks for each question are shown in brackets [ ].
• Quality of extended response will be assessed in questions marked with an asterisk (*).
• This document consists of 20 pages.




© OCR 2019 [603/0295/1] OCR is an exempt Charity
DC (KS/TP) 174344/4 Turn over

, 2
Section A

Answer all the questions.

1 Which one of the following is a role of human resources in business?

A Developing new products

B Increasing employee retention

C Maximising revenue

D Offering price reductions


Your answer  [1]


2 A fast food restaurant is currently charging a price of 60p for its new healthy snack. The fast
food restaurant intends to increase the price to £2.25 once the healthy snack has become more
popular with customers.

The current price is an example of:

A competitor pricing

B cost-plus pricing

C penetration pricing

D price skimming


Your answer  [1]


3 Which one of the following is unlikely to be a characteristic of a successful entrepreneur?

A Being able to create opportunities

B Being confident in new situations

C Being determined to work through problems

D Being uncomfortable with taking risks


Your answer  [1]




© OCR 2019

, 3
4 Which of the following is a benefit to a business of advertising on local radio?

A Can target a specific geographical area

B Detailed financial information can be included

C Free samples can be given out with the advertisement

D The product can be seen and demonstrated


Your answer  [1]


5 Madame Co is a women’s clothing manufacturer. To identify trends in the market, the firm carries
out a lot of market research.

The cost of the market research for Madame Co in the last year is shown in the table below.

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Cost of
market £1.2 million £0.7 million £1.5 million £0.9 million
research


Madame Co’s average quarterly spend on market research is:

A £1.05 million

B £1.075 million

C £2.15 million

D £4.3 million


Your answer  [1]


6 Which of the following is a benefit to an entrepreneur of having limited liability?

A All profits are tax free

B Own possessions are not at risk

C Productivity will fall

D Suppliers are more willing to supply


Your answer  [1]




© OCR 2019 Turn over

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller studyforlife. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $3.89. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75057 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$3.89
  • (0)
  Add to cart