Business Studies / Past papers

CAIE 7115 Business Studies Paper 1 — October/November 2022 Question Paper

The real October/November 2022 Paper 1 (Short Answer and Data Response) question paper for CAIE 7115 Business Studies (7115_w22_qp_12).

20 questions, 80 marks total.

Ask CIEMate to help you answer these questions.

1. Question 1a2 marks

   Define 'market share'.

2. Question 1b2 marks

   Define 'statement of financial position'.

3. Question 1c4 marks

   Outline two ways EQR could increase added value.

4. Question 1d6 marks

   Explain two advantages to EQR of selling franchises as a way to grow its business.

5. Question 1e6 marks

   Do you think a business being ethical will always lead to lower profits? Justify your answer.

6. Question 2a2 marks

   Define 'revenue'.

7. Question 2b2 marks

   Calculate Kemala's profit margin. Show your working.

8. Question 2c4 marks

   Outline two reasons why cash is important for Kemala's business.

9. Question 2d6 marks

   Explain two possible reasons why demand for Kemala's best-selling product is price inelastic.

10. Question 2e6 marks

    Do you think advertising in specialist magazines is the best way for a business to promote high-quality products? Justify your answer.

11. Question 3a2 marks

    Identify two reasons why effective internal communication is important for a business.

12. Question 3b2 marks

    Define 'organisational structure'.

13. Question 3c4 marks

    State four factors a business should consider when deciding which employees to make redundant.

14. Question 3d6 marks

    Explain two advantages to DBG of its managers using a democratic leadership style.

15. Question 3e6 marks

    Do you think all businesses benefit from an increase in government spending? Justify your answer.

16. Question 4a2 marks

    Define 'globalisation'.

17. Question 4b2 marks

    Identify two examples of fixed costs.

18. Question 4c4 marks

    Outline, with reference to TYA, the difference between a limited company and an unincorporated business.

19. Question 4d6 marks

    Explain two methods TYA could use to increase efficiency.

20. Question 4e6 marks

    Do you think legal controls are the most important factor for a manufacturing business to consider when deciding which country to locate its operations in? Justify your answer.