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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
...
Do not use the comments box for any other reason
...
8
...
3
J204/02
Mark Scheme
June 2024
9
...
ARA – Any Reasonable Answer - Where ARA is indicated within the Guidance column for any item on this mark scheme, examiners
must accept any reasonable answer that in their professional opinion is as worthy of merit as those indicated on the final mark sc
heme
...
4
J204/02
Mark Scheme
Question
Answer
June 2024
Marks
Assessment Objective
SECTION A
1
A
1
1b
2
3
A
B
1
1
2Q
1b
4
5
B
C
1
1
2
1a
6
A
1
2Q
7
B
1
2 (PS)
8
D
1
2
9
B
1
1a
10
C
1
2Q
11
12
C
C
1
1
2
2
13
B
1
2Q
14
D
1
2Q
15
C
1
2Q
5
J204/02
Question
Mark Scheme
June 2024
Answer
Marks
Guidance
SECTION B
16 a
Identify two characteristics of flow production
...
One mark for each correct characteristic,
up to a maximum of two marks
...
No reward for the time it takes
...
Understanding may include:
• Advertising/promotion may take place
• Price changes
• New product development
• Identifying new markets / market research
• Using different selling methods – online & high street
Application may include:
• Global markets; 190 countries
• Wide range of products
• International brands – including Lynx, Dove, Hellmann’s, Persil
• Factories around the globe
• Flow and batch production used
• Average revenue has grown
• Economic climate is difficult, adapting to changes
...
No further marks can be gained without
understanding
...
One further mark for analysis of how
marketing impacts on the operations
function
...
The understanding mark is awarded for a specific
aspect of the marketing function (no reward for
J204/02
Mark Scheme
Question
June 2024
Answer
Analysis may include:
• Changes in output / production / quantity produced
...
• Find new ways to produce a product
• Need to invest in capital to increase / improve / enable
production
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]