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Title: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged
Description: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged BUSINESS Oxford Cambridge and RSA Wednesday 5 June 2024 – Afternoon GCSE (9–1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes You can use: • a calculator * J 2 0 4 0 2 * Please write clearly in black ink. Do not write in the barcodes. Centre number First name(s) Last name Candidate number INSTRUCTIONS • Use black ink. • Write your answer to each question in the space provided. If you need extra space use the lined pages at the end of this booklet. The question numbers must be clearly shown. • 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. 2 Section A 1 Which is an advantage for a manufacturer of using robotics? A Greater productivity B Initial investment cost C Operatives will require training D Will not break down Your answer [1] 2 In 2023 a business sold 22 million items at an average price of £0.75 per item. Its total costs for the year were £13.5 million. The business made a net profit of: A £3 million B £16.5 million C £1636.5 million D £1650 million Your answer 3 A manufacturer that makes and sells more than its break-even quantity will: A have insufficient revenue to cover costs B make a profit C need to improve its quality control D require an overdraft Your answer [1]
Description: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged BUSINESS Oxford Cambridge and RSA Wednesday 5 June 2024 – Afternoon GCSE (9–1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes You can use: • a calculator * J 2 0 4 0 2 * Please write clearly in black ink. Do not write in the barcodes. Centre number First name(s) Last name Candidate number INSTRUCTIONS • Use black ink. • Write your answer to each question in the space provided. If you need extra space use the lined pages at the end of this booklet. The question numbers must be clearly shown. • 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. 2 Section A 1 Which is an advantage for a manufacturer of using robotics? A Greater productivity B Initial investment cost C Operatives will require training D Will not break down Your answer [1] 2 In 2023 a business sold 22 million items at an average price of £0.75 per item. Its total costs for the year were £13.5 million. The business made a net profit of: A £3 million B £16.5 million C £1636.5 million D £1650 million Your answer 3 A manufacturer that makes and sells more than its break-even quantity will: A have insufficient revenue to cover costs B make a profit C need to improve its quality control D require an overdraft Your answer [1]
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BUSINESS
OCR 2024
GCSE Business
J204/02 Business 2: operations, finance and
influences on business
With Marking Scheme Merged
Oxford Cambridge and RSA
Wednesday 5 June 2024 – Afternoon
GCSE (9–1) Business
J204/02 Business 2: operations, finance and influences on
business
Time allowed: 1 hour 30 minutes
You can use:
• a calculator
*
J
2
0
4
0
2
*
Please write clearly in black ink
...
Centre number
Candidate number
First name(s)
Last name
INSTRUCTIONS
• Use black ink
...
If you need extra space use the
lined pages at the end of this booklet
...
• Answer all the questions
...
• The marks for each question are shown in brackets [ ]
...
• This document has 20 pages
...
2
Section A
1
Which is an advantage for a manufacturer of using robotics?
A Greater productivity
B Initial investment cost
C Operatives will require training D
Will not break down
Your answer
2
[1]
In 2023 a business sold 22 million items at an average price of £0
...
Its total costs for
the year were £13
...
The business made a net profit of:
A £3 million
B £16
...
5 million D
£1650 million
Your answer
3
[1]
A manufacturer that makes and sells more than its break-even quantity
will: A have insufficient revenue to cover costs
B make a profit
C need to improve its quality control D
require an overdraft
Your answer
© OCR 2024
[1]
3
4
Which would be variable costs for a building firm?
A Administrative and legal expenses
B Bricks and roof tiles
C Business rates and buildings insurance D
Cement mixers and tools
Your answer
5
[1]
What has not contributed to increased globalisation?
A A reduction in shipping costs due to bulk containerisation
B An increase in labour migration worldwide
C Restrictions on international trade
D The internet and mobile communication technologies
Your answer
6
[1]
A company has recently experienced a fall in its net profit margin from 4
...
9%
...
30 less net profit than it used to B
for every £100 of sales the company only earns £1
...
3%
D the company has made a net loss of 1
...
The business
has recently experienced an increase in product returns
...
Which
task is most likely to be part of Sam’s job role?
A Phoning garages to negotiate vehicle servicing at reduced prices B
Posting discount codes on social media for pre-booked journeys
C Producing spreadsheets analysing quantitative market research data D
Providing cost data to help decide when to purchase new vehicles
Your answer
9
[1]
In the context of business operations, what does the phrase ‘proximity to market’ refer
to? A Advertising the business specifically to those who live in the local area
B Locating a business close to its potential customers
C Only employing workers who are part of the local community D
Working on a site that is close to a source of raw materials
Your answer
© OCR 2024
[1]
5
10 The table below shows a company’s total costs over the last four years
...
5%
C
50%
D
60%
Your answer
[1]
11 The role of procurement for a car manufacturer might involve:
A advertising a new range of electric vehicles
B negotiating deals with car showrooms
C receiving deliveries of tyres and windscreens D
testing the brakes of every new car
Your answer
[1]
12 The bank statement for an established firm shows that it ended 2023 close to its overdraft limit
with an overdrawn balance of £5000
...
These figures show that:
A an accounting error has been made because the firm is not profitable B
at least £49 000 must have been stolen from the firm’s bank account
C despite being profitable, the firm may be unable to pay its short-term debts D
the firm is unlikely to experience cash shortages and is highly profitable
Your answer
© OCR 2024
[1]
Turn over
6
13 A market trader paid £4600 for goods which they sold for £12
500
...
Their expected
average rate of return is 10% per annum for the first three years
...
Financial data about two
of its recent advertising campaigns are shown below
...
6 million
£4 million
£5 million
£5 million
This data helps the company understand its business performance because it shows that:
A
both advertising campaigns were cost effective
B
campaign A was cost effective, but campaign B was not
C
campaign B was cost effective, but campaign A was not
D
neither of the advertising campaigns were cost effective
Your answer
© OCR 2024
[1]
Turn over
8
Section B
16
Text 1
Unilever plc
Unilever plc is a multinational company that makes and sells a wide range of quality
products including food, cleaning agents and beauty products across 190 countries
...
Some of its branded products include Lynx Body Spray, Dove Soap, Hellmann’s
Mayonnaise, Ben & Jerry’s ice cream and Persil washing machine detergent
...
Unilever plc’s average revenue has grown over the last five years
...
62 000
60 000
60 000
58 000
56 000
Revenue in
€ millions
54 000
52 000
52 400
51 900
50 900
50 700
50 000
48 000
46 000
2018
2019
2020
2021
2022
Year
Fig
...
1
...
[2]
© OCR 2024
9
(b) Analyse one way the marketing function impacts on the operations function of Unilever plc
...
...
...
...
...
[3]
(c)
(i) Calculate Unilever plc’s average revenue from 2019 to 2022
...
[2]
(ii) Explain one way revenue affects a business’ decision making
...
...
...
...
...
[2]
© OCR 2024
Turn over
10
(e)
(i) State what is meant by international branding
...
...
...
...
...
...
...
...
...
...
...
...
...
...
Anika and Charlie own the hotel in
a business partnership
...
It would cost them £1
...
5 million for redecoration
...
The partnership already has one bank loan but has worked out it can
afford a second loan as long as the cost of borrowing does not rise too much
...
Finley is currently unemployed but
is a keen photographer and environmental campaigner
...
(a) Identify one reason, other than expansion, why a business needs finance
...
...
...
...
...
...
...
...
...
...
...
...
Advantage
...
...
...
Title: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged
Description: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged BUSINESS Oxford Cambridge and RSA Wednesday 5 June 2024 – Afternoon GCSE (9–1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes You can use: • a calculator * J 2 0 4 0 2 * Please write clearly in black ink. Do not write in the barcodes. Centre number First name(s) Last name Candidate number INSTRUCTIONS • Use black ink. • Write your answer to each question in the space provided. If you need extra space use the lined pages at the end of this booklet. The question numbers must be clearly shown. • 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. 2 Section A 1 Which is an advantage for a manufacturer of using robotics? A Greater productivity B Initial investment cost C Operatives will require training D Will not break down Your answer [1] 2 In 2023 a business sold 22 million items at an average price of £0.75 per item. Its total costs for the year were £13.5 million. The business made a net profit of: A £3 million B £16.5 million C £1636.5 million D £1650 million Your answer 3 A manufacturer that makes and sells more than its break-even quantity will: A have insufficient revenue to cover costs B make a profit C need to improve its quality control D require an overdraft Your answer [1]
Description: OCR 2024 GCSE Business J204/02 Business 2: operations, finance and influences on business With Marking Scheme Merged BUSINESS Oxford Cambridge and RSA Wednesday 5 June 2024 – Afternoon GCSE (9–1) Business J204/02 Business 2: operations, finance and influences on business Time allowed: 1 hour 30 minutes You can use: • a calculator * J 2 0 4 0 2 * Please write clearly in black ink. Do not write in the barcodes. Centre number First name(s) Last name Candidate number INSTRUCTIONS • Use black ink. • Write your answer to each question in the space provided. If you need extra space use the lined pages at the end of this booklet. The question numbers must be clearly shown. • 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. 2 Section A 1 Which is an advantage for a manufacturer of using robotics? A Greater productivity B Initial investment cost C Operatives will require training D Will not break down Your answer [1] 2 In 2023 a business sold 22 million items at an average price of £0.75 per item. Its total costs for the year were £13.5 million. The business made a net profit of: A £3 million B £16.5 million C £1636.5 million D £1650 million Your answer 3 A manufacturer that makes and sells more than its break-even quantity will: A have insufficient revenue to cover costs B make a profit C need to improve its quality control D require an overdraft Your answer [1]