← all papers · Business · 9609 · Paper 1 variant 29609/12/M/J/23

Practice

1. Question 15 marks
   • 1(a)Define the term demand.2 marks
   • 1(b)Explain one factor that influences the supply of a product.3 marks
2. Question 25 marks
   • 2(a)Define the term factors of production.2 marks
   • 2(b)Explain one stage of the transformational process.3 marks
3. Question 35 marks
   • 3(a)Define the term equality.2 marks
   • 3(b)Explain one benefit to a business of employing a diverse workforce.3 marks
4. Question 45 marks
   • 4Analyse one way in which conflict between stakeholders may affect a business.5 marks
5. Question 520 marks
   • 5(a)Analyse two benefits to a business of government grants as a source of finance.8 marks
   • 5(b)Evaluate whether the most likely reason for the failure of a small retailer is poor management of its working capital.12 marks
6. Question 620 marks
   • 6(a)Analyse two benefits to a business of having a product with a unique selling point (USP).8 marks
   • 6(b)'Marketing is the most important factor that will affect the success of a new coffee shop.' Evaluate this view.12 marks