Business Studies / Past papers

CAIE 7115 Business Studies Paper 2 — October/November 2021 Question Paper

The real October/November 2021 Paper 2 (Case Study) question paper for CAIE 7115 Business Studies (7115_w21_qp_22).

8 questions, 80 marks total.

Ask CIEMate to help you answer these questions.

1. Question 1a8 marks

   Explain two reasons why PPE may remain small.

2. Question 1b12 marks

   Consider the advantages and disadvantages of two suitable types of business organisation for PPE. Which do you think is the best one if PPE grows? Justify your answer.

3. Question 2a8 marks

   Explain two advantages and two disadvantages of using job production.

4. Question 2b12 marks

   Consider the advantages and disadvantages to PPE of using the following three sources of finance to obtain new machinery. Which source should PPE choose? Justify your answer. Crowd-funding • Bank loan • Leasing •

5. Question 3a8 marks

   Explain one cost and one benefit for PPE of developing a new product.

6. Question 3b12 marks

   Consider the following three pricing methods PPE could use when launching its new product. Which pricing method should it use? Justify your answer. Cost-plus • Penetration • Skimming •

7. Question 4a8 marks

   Explain four functions of management carried out by Kaari.

8. Question 4b12 marks

   Using Appendix 2 and other information, consider whether PPE should produce only large items of playground equipment or produce only small items of playground equipment. Justify your answer using suitable calculations.