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2026 Update OCR AS Level Business H031-02 The Wider Business Environment Verified Question Paper with Marking Scheme

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he OCR AS Level Business H031-02 The Wider Business Environment Verified Question Paper with Marking Scheme is part of the OCR Business specification. It assesses students on external influences on business, including economic conditions, globalisation, competition, market structure, and government impact. This paper supports AS Level revision and exam preparation through structured business analysis and application questions.

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2025 OCR
2025
AS Level
OCR2025
AS
Business
Level
OCR ASBusiness
H03102
Level The
Business
H03102
widerThe
H03102
business
widerThe
business
environment
wider business
environment
Verified
environment
Question
Verified Question
paper
Verified
with
Question
paper
Marking
withpaper
Scheme
Marking
withAttached.pdf
Scheme
Marking Attached.pdf
Scheme Attached.pdf




2025 OCR AS Level Business
H031/02 The wider business environment
Verified Question paper with Marking Scheme Attached



Oxford Cambridge and RSA

Thursday 22 May 2025 – Afternoon
AS Level Business
H031/02 The wider business environment
Time allowed: 1 hour 30 minutes

You must have:
• the Resource Booklet
You can use:
• a calculator




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

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 12 pages.

ADVICE
• Read each question carefully before you start your answer



© OCR 2025 [601/4674/6] OCR is an exempt Charity
DC (PQ) 352188/5 Turn over
2025 OCR
2025
AS Level
OCR ASBusiness
Level Business
H03102 The
H03102
widerThe
business
wider business
environment
environment
Verified Question
Verified Question
paper withpaper
Marking
withScheme
Marking Attached.pdf
Scheme Attached.pdf4/28/2026

,2025 OCR
2025
AS Level
OCR2025
AS
Business
Level
OCR ASBusiness
H03102
Level The
Business
H03102
widerThe
H03102
business
widerThe
business
environment
wider business
environment
Verified
environment
Question
Verified Question
paper
Verified
with
Question
paper
Marking
withpaper
Scheme
Marking
withAttached.pdf
Scheme
Marking Attached.pdf
Scheme Attached.pdf



2
Section A

1 Explain two reasons why the objectives of a business may need to change.

1 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

2 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................
[4]


2 A business is considering investing in new machinery. The estimated net cash-flow for the
investment is shown in the table below.

Net cash-flow
Year
£
0 (47 000)

1 14 000

2 20 000

3 26 000

Calculate the payback period for this investment.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

Answer ................................................................... [2]




© OCR 2025




2025 OCR
2025
AS Level
OCR ASBusiness
Level Business
H03102 The
H03102
widerThe
business
wider business
environment
environment
Verified Question
Verified Question
paper withpaper
Marking
withScheme
Marking Attached.pdf
Scheme Attached.pdf4/28/2026

, 2025 OCR
2025
AS Level
OCR2025
AS
Business
Level
OCR ASBusiness
H03102
Level The
Business
H03102
widerThe
H03102
business
widerThe
business
environment
wider business
environment
Verified
environment
Question
Verified Question
paper
Verified
with
Question
paper
Marking
withpaper
Scheme
Marking
withAttached.pdf
Scheme
Marking Attached.pdf
Scheme Attached.pdf



3
3 Explain what Vroom’s expectancy theory says about how individuals decide to behave.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

. .................................................................................................................................................................... [2]


4 When the average price of margarine increased by 10%, the demand for butter increased by 3%.

Calculate the cross elasticity of demand between the price of margarine and the quantity of butter demanded.

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

Answer ................................................................... [2]


5 Explain two reasons why the UK government may impose barriers to international trade.

1 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

2 .......................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................

..........................................................................................................................................................
[4]




© OCR 2025 Turn over



2025 OCR
2025
AS Level
OCR ASBusiness
Level Business
H03102 The
H03102
widerThe
business
wider business
environment
environment
Verified Question
Verified Question
paper withpaper
Marking
withScheme
Marking Attached.pdf
Scheme Attached.pdf4/28/2026

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Geüpload op
28 april 2026
Aantal pagina's
18
Geschreven in
2024/2025
Type
Tentamen (uitwerkingen)
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