AQA BUSINESS

0 1 Analyse how Speed-e-Puds Ltd benefits from operating with a high level of capacity utilisation. [12 marks] Marks for this question: AO1 = 3, AO2 = 3, AO3 = 6 Level The student will typically demonstrate: Marks 3 A good response overall that focuses on many of the demands of the question. Provides an answer to the question set that: • demonstrates a depth and range of knowledge and understanding of issues in the question • demonstrates analysis which is well developed, ap...

0 1 . 1 Using Appendix A, calculate Biggs Ltd’s payables days ratio for 2023. [4 marks] Marks for this question: AO1 = 1, AO2 = 3 Payables (days) ratio = payables cost of sales × 365 Payables days = 73 days (4 marks) 1 mark for correct selection of payables £5 056 000 1 mark for calculation of cost of sales £ (£ – £) 1 mark for £5 056 000 £ × 365 1 mark for Payables days = 73 OFR applies so students calculating cost of sales incorrectly can receive 3 marks if th...

Question number Answer 01 D Sole traders only 02 B Statement 1 is true. Statement 2 is false. 03 B improve the speed of vertical communication. 04 D an adverse variance of £32 million. 05 C an increase in the number of patents held by a business is a strength. 06 C Statement 1 is false. Statement 2 is true. 07 A incomes rise by 10% and the income elasticity of demand for the product is 0 08 C cumulative output. 09 A 0.04 10 B Statement 1 is true. Statement 2 is false. ...

0 1 In 2023, PE Ltd had 120 employees. The number of products it produced increased by 10% from 2022 to 2023. Using Figure 1, calculate PE Ltd’s annual labour productivity in 2023. [3 marks] Marks for this question: AO1 = 1, AO2 = 2 3 marks for correct answer 253.44. Accept 253 and 253.4. 2 marks for selecting correct figures of 31 350 and 95 workers but arithmetical error made. 1 mark if calculates 10% increase as 2764.8 only. 1 mark for stating labour productivity formula only...

Question number Answer 01 A Statement 1 is true. Statement 2 is true. 02 B Long lead times 03 B set a high price and use price skimming. 04 D reduce the level of legal regulations required. 05 C Social/belonging needs must be satisfied before ego/esteem needs can be used to motivate employees. 06 D Statement 1 is false. Statement 2 is false. 07 D £27 000 08 C Increasing the price of a good which has price inelastic demand 09 D Lower labour turnover 10 C 50% (1 mark for...

0 1 Analyse how Speed-e-Puds Ltd benefits from operating with a high level of capacity utilisation. [12 marks] Answer all questions. Read the case study in the Insert. 000002 Page 2 of 28 ALL THE BEST 3 *03* Turn over ► IB/G/Jun24/7132/3 Do not write outside the box Extra space Page 3 of 24 4 *04* IB/G/Jun24/7132/3 Do not write outside the box *05* Turn over ► IB/G/Jun24/7132/3 Do not write outside the box 0 2 Sanjay has a marketing objective of achi...

Answer all questions in the spaces provided. box 0 1 Read the information below and then answer the questions that follow. Biggs Ltd Biggs Ltd operates in the snack food market, selling crisps, nuts and other savoury products. Potatoes are a key ingredient in its snacks. The price of potatoes has risen by 35% over the last two years. The company is one of six firms who dominate a market that has been growing strongly for ten years. The market growth is largely due to the development o...

0 1 In which of these business forms could the owner/owners be required to sell personal assets to pay for business liabilities? [1 mark] A Private limited companies and public limited companies B Private limited companies and sole traders C Public limited companies only D Sole traders only 0 2 Statement 1: ‘Cheaper resources overseas would discourage a UK business which has a low-cost positioning strategy from re-shoring production.’ Statement 2: ‘Political instability overseas...

0 1 In 2023, PE Ltd had 120 employees. The number of products it produced increased by 10% from 2022 to 2023. Using Figure 1, calculate PE Ltd’s annual labour productivity in 2023. [3 marks] 0 2 Using Figure 2, calculate the monthly margin of safety for PE Ltd in 2023. [3 marks] 3 *03* Turn over ► IB/G/G4001/7131/2 Do not write outside the 0 3 PE Ltd is considering targeting individual customers directly in addition to selling to box businesses. Explain one impact this cha...

This is AQA A level Business paper 1 marking scheme (7131/1) June 2023