Friday 17 May 2024 – Morning
AS Level Business
H031/01 The local business environment
Time allowed: 1 hour 30 minutes
Turn over
, 2
Section A
Put a tick (✓) in the box next to the one correct answer for each question.
1 Lean production:
(a) focuses on addressing environmental issues
(b) maximises output and technological efficiency
(c) minimises waste whilst ensuring quality
(d) reduces specialisation and the division of labour
[1]
2 What is the correct term for a company that has branches in several countries?
(a) A global exporter
(b) A multinational business
(c) A public sector organisation
(d) An international market
[1]
3 Yoshi has worked as a sales assistant at a local garden centre since leaving school. He now
wishes to start his own business, making and selling plant pots and vases.
Which of the following would not be included in Yoshi’s business plan?
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