Business 1BS0/01 May June 2019 | Edexcel GCSE Past Papers With Mark Scheme

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1. Business Finance and Costs | Short-term and long-term sources of finance, calculating total costs, break-even analysis, and understanding financial information in business planning.

2. Market Research and Customer Needs | Advantages and disadvantages of qualitative and secondary market research, importance of customer understanding, and market segmentation for targeting customers.

3. Marketing and Business Strategy | Elements of the marketing mix (price, product), competitive advantage through product range, impact of changing consumer incomes, and use of social media for promotion.

4. Business Ownership and Structure | Risks of starting a small business, benefits and limitations of private limited companies, financial decisions for expansion, and the impact of relocation on stakeholders.

5. Cash Flow and Business Survival | Importance of cash in small business sustainability, identifying cash outflows, impact of interest rates on business borrowing, and financial stability considerations.

6. Expansion and Investment Decisions | Justification of investment in machinery vs. hiring staff, financing options (bank loan vs. crowdfunding), and assessing the risks and rewards of business growth strategies.

Edexcel GCSE Business (1BS0) Jun 2019

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Classification: Edexcel Paper 1

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Last update: 2 months ago

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Business 1BS0/01 May June 2019 | Edexcel GCSE Past Papers With Mark Scheme

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