General Certificate of Education Advanced Subsidiary Level and Advanced Level
BUSINESS STUDIES
Paper 2 Data Response
1 hour 30 minutes
Additional Materials: Answer Booklet/Paper
Section A (Short Answers)
Answer all questions.
1 (a) State two reasons why the market for a product might reduce in size. [2]
(b) Distinguish between market size and market share. [3]
2 Explain how a manufacturing business might be affected by ethical issues. [5]
3 (a) State two ways in which a business may achieve added value. [2]
(b) Why is added value important for businesses? [3]
4 (a) Define the concept of ‘emotional intelligence’. [2]
(b) Describe two qualities of a successful entrepreneur. [3]
Section B (Essay question)
Answer one question only.
5 (a) Explain the purposes of a company’s Balance Sheet and Income Statement. [8]
(b) Discuss the usefulness of published company accounts to both managers and shareholders.
[12]
6 Discuss the importance of good leadership for a successful business. [20]
7 (a) Analyse how a soft drinks manufacturer might segment the market for its products. [8]
(b) Discuss the most suitable methods of market research for a new product being developed by a soft drinks manufacturer.
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