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Mark Scheme (Results) Summer 2022 Pearson Edexcel International GCSE In Business (4BS1) Paper 02 Investigating large businesses

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Question Number Which one of the following types of business ownership would usually be formed by a business of two solicitors? Answer Mark 1 (a) (i) AO1 - 1 mark B Partnership A A sole trader ... is only one person C Public Corporation is a large business run by many D Public Limited Company has directors and can be quite a large business (1) Question Number Which one of the following would show a business its cash flow forecast? Answer Mark 1 (a)(ii) AO1 - 1 mark A Cash inflows and outflows B Money owed to its creditors is a debt and is not a forecast C Net cash flow is the difference between money in and money out D Opening and closing balances are actual amounts and not a forecast (1) Question Number Which one of the following would a customer in South Africa pay in ZAR for two 850 gram Cadbury Dairy Milk Bars? Answer Mark 1 (a) (iii) AO2 - 1 mark C 411.19 A 20.59 (20.58 + 1) B 205.60 (20.58 x 9.99) D 411.60 (20.58 x 10.00 x 2) (1)Question Number Which one of the following functional areas would a skilled machinist work in? Answer Mark 1 (a)(iv) AO1 - 1 mark C Production A Finance deals with the money side of the business B Human Resources deals with recruitment D Marketing deals with advertising the products (1) Question Number What is the percentage decrease in the price of the Cadbury Crunchie? Answer Mark 1 (a) (v) AO2 - 1 mark D 8.42% A 0.92% (0.87 ÷ 0.95) B 1.09% (0.95 ÷ 0.87) C 8.00% (0.95 - 0.87) (1) Question Number Which one of the following is an example of secondary market research? Answer Mark 1 (a)(vi) AO1 - 1 mark [Show More]

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