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2022 pearson june booklet + mark scheme Edexcel International GCSE 4BS1/01R Business PAPER 1: Investigating small businesses

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Answer ALL questions. Write your answers in the spaces provided. Some questions must be answered with a cross in a box . If you change your mind about an answer, put a line through the box and then ... mark your new answer with a cross . 1 Can Culleretes is a restaurant based in the Spanish city of Barcelona. Opening in 1786 it is the second oldest restaurant in Spain. It has been run by the Agut-Manubens family since 1958 and serves a variety of Mediterranean food. Sisters Montserrat and Alicia are co-owners of the restaurant with six members of the family working for them. The restaurant is near to popular tourist attractions and close to many other restaurants. It opens for lunch and dinner only. (a) (i) Which one of the following could immediately improve cash flow? Select one answer. (1) A Allow customers to pay later B Launch an advertising campaign C Increase inventory of raw materials D Pay suppliers later (ii) Which one of the following is an example of primary market research? Select one answer. (1) A Internet B Postal survey C Newspaper D Government report (iii) Which one of the following is a fixed cost? Select one answer. (1) A Rent B Packaging C Weekly wages D Raw materials4 *P70736A0420*  (iv) Which one of the following is used to calculate the break-even point? Select one answer. (1) A Fixed costs × (selling price + variable costs) B Fixed costs × (selling price – variable costs) C Fixed costs ÷ (selling price + variable costs) D Fixed costs ÷ (selling price – variable costs) For its Winter menu Can Culleretes buys 10 kilograms (kg) of salmon from Scotland every week at a cost of £19.17 per kilogram. In November 2021 the exchange rate was £1 = €1.17 (v) Which one of the following is the total cost in euros of buying a two week supply of salmon? Select one answer. (1) A €191.70 B €224.29 C €383.40 D €448.58 Can Culleretes buys its prawns from a local fishmonger at a cost of €11.50 a kilogram. It is then sold to customers for €13.70 a kilogram. (vi) What is the markup on a kilogram of prawns? Select one answer. (1) A 11.5% B 13.7% C 19.1% D 23.0% [Show More]

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