Oxford Cambridge and RSA
Examinations GCENew
BusinessH431/01: Operating in a
local business environment A
Level with marking scheme
, Oxford Cambridge and RSA
Tuesday 23 May 2023 – Morning
A Level Business
H431/01 Operating in a local business environment
Time allowed: 2 hours
You must have:
* 9 8 9 9 2 6 1 0 3 4 *
• the Resource Booklet
You can use:
• a calculator
* H 4 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 numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
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 has 20 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2023 [601/4675/8] OCR is an exempt Charity
DC (PQ) 315888/2 Turn over
, 2
Section A
Put a tick (✓) in the box next to the one correct answer for each question.
1 A co-operative is owned by its:
(a) competitors
(b) external stakeholders
(c) members
(d) shareholders
[1]
2 A company frequently changes the way its assets are valued in its published accounts.
Which accounting convention has the company ignored?
(a) Accruals
(b) Consistency
(c) Going concern
(d) Prudence
[1]
3 Canta Ltd makes drum kits. The company has fixed costs of £18 000 per year. The average
selling price for a drum kit is £690. The variable cost to make one drum kit is £440.
How many drum kits does Canta Ltd need to sell to earn a profit of £27 000 per year?
(a) 40
(b) 72
(c) 108
(d) 180
[1]
© OCR 2023
, 3
4 When making strategic decisions, opportunity cost should be:
(a) avoided
(b) considered
(c) ignored
(d) maximised
[1]
5 Which needs does McClelland identify in his theory of motivation?
(a) Achievement, affiliation, power
(b) Challenge, commitment, feedback
(c) Individual, task, team
(d) Psychological, safety, social
[1]
6 What is an example of a factor of production for a hospital?
(a) Finance used to buy new beds
(b) Patient waiting times
(c) Salaries of doctors
(d) X-ray machines
[1]
7 The owner of a hair salon wishes to open a second salon in a nearby town.
What might be a barrier to change for the owner?
(a) A fall in interest rates
(b) A flexible workforce
(c) A lack of finance
(d) A trading bloc
[1]
© OCR 2023 Turn over
Examinations GCENew
BusinessH431/01: Operating in a
local business environment A
Level with marking scheme
, Oxford Cambridge and RSA
Tuesday 23 May 2023 – Morning
A Level Business
H431/01 Operating in a local business environment
Time allowed: 2 hours
You must have:
* 9 8 9 9 2 6 1 0 3 4 *
• the Resource Booklet
You can use:
• a calculator
* H 4 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 numbers.
• Use the Resource Booklet to answer the questions in Section B.
• Answer all the questions.
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 has 20 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2023 [601/4675/8] OCR is an exempt Charity
DC (PQ) 315888/2 Turn over
, 2
Section A
Put a tick (✓) in the box next to the one correct answer for each question.
1 A co-operative is owned by its:
(a) competitors
(b) external stakeholders
(c) members
(d) shareholders
[1]
2 A company frequently changes the way its assets are valued in its published accounts.
Which accounting convention has the company ignored?
(a) Accruals
(b) Consistency
(c) Going concern
(d) Prudence
[1]
3 Canta Ltd makes drum kits. The company has fixed costs of £18 000 per year. The average
selling price for a drum kit is £690. The variable cost to make one drum kit is £440.
How many drum kits does Canta Ltd need to sell to earn a profit of £27 000 per year?
(a) 40
(b) 72
(c) 108
(d) 180
[1]
© OCR 2023
, 3
4 When making strategic decisions, opportunity cost should be:
(a) avoided
(b) considered
(c) ignored
(d) maximised
[1]
5 Which needs does McClelland identify in his theory of motivation?
(a) Achievement, affiliation, power
(b) Challenge, commitment, feedback
(c) Individual, task, team
(d) Psychological, safety, social
[1]
6 What is an example of a factor of production for a hospital?
(a) Finance used to buy new beds
(b) Patient waiting times
(c) Salaries of doctors
(d) X-ray machines
[1]
7 The owner of a hair salon wishes to open a second salon in a nearby town.
What might be a barrier to change for the owner?
(a) A fall in interest rates
(b) A flexible workforce
(c) A lack of finance
(d) A trading bloc
[1]
© OCR 2023 Turn over
