Look inside the Edexcel A-Level Business guide (9BS0)

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Look inside the Edexcel A-Level Business guide

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Edexcel · A-Level · 9BS0
Business
Active Recall Guide
2,305 questions
BusinessContents
Contents
20 topics, 80 subtopics
  1. Meeting Customer Needs121
  2. The Market140
  3. Marketing Mix and Strategy138
  4. Managing People197
  5. Entrepreneurs and Leaders146
  6. Raising Finance90
  7. Financial Planning129
  8. Managing Finance85
  9. Resource Management98
  10. External Influences112
  11. Business Objectives and Strategy137
  12. Business Growth97
  13. and 8 more
ii
The MarketQuestions
The Market
Demand
  1. Define demand in economic terms.
  2. What happens to demand for a product if the price of a substitute good rises?
  3. What are substitute goods?
  4. If the price of a complementary good rises, what happens to demand for the related product?
  5. Define complementary goods.
  6. How does an increase in consumer incomes typically affect demand for normal goods?
  7. How does a decrease in consumer incomes typically affect demand for normal goods?
  8. Why do changes in fashions, tastes and preferences cause demand to shift?
  9. Explain how advertising increases demand for a product.
12
The MarketAnswers
Answers
Demand
  1. Demand is the quantity of a good or service that consumers are willing and able to purchase at a given price in a given time period.
  2. Demand for the original product increases, as consumers switch away from the now more expensive substitute.
  3. Substitute goods are products that can be used in place of one another to satisfy the same consumer need.
  4. Demand for the related product decreases.
  5. Complementary goods are products that are consumed together, where purchase of one increases demand for the other.
  6. An increase in consumer incomes generally leads to an increase in demand for normal goods.
  7. A decrease in consumer incomes generally leads to a decrease in demand for normal goods.
  8. Because consumer desires evolve over time, altering what products they want to buy regardless of price.
  9. Advertising increases demand by raising consumer awareness, creating desire, and differentiating products from competitors.
13
Resource ManagementQuestions
Resource Management
Capacity utilisation
  1. What is capacity utilisation?
  2. State the formula for calculating capacity utilisation.
  3. In the capacity utilisation formula, what does 'current output' represent?
  4. In the capacity utilisation formula, what does 'maximum possible output' represent?
  5. Calculate the capacity utilisation when current output = 1300 units, maximum possible output = 3000 units.
  6. Explain how under-utilisation of capacity affects unit costs.
  7. What would happen to unit costs if a factory increased its capacity utilisation from 50% to 80%?
  8. Why does under-utilisation of capacity lead to lower profitability?
  9. What might under-utilisation of capacity indicate about a business's market position or planning?
34
Resource ManagementAnswers
Answers
Capacity utilisation
  1. The percentage of a firm's maximum possible output that is currently being used.
  2. Capacity utilisation (%) = (Current output ÷ Maximum possible output) × 100
  3. The actual level of output the business is currently producing.
  4. The highest level of output a business can achieve using all its available resources.
  5. Capacity utilisation = (1300 ÷ 3000) × 100 = 43.3 %.
  6. Fixed costs are spread over fewer units of output, which raises the cost per unit.
  7. Unit costs would fall because fixed costs would be spread over a greater number of units.
  8. Resources are used inefficiently, meaning the business incurs costs without generating corresponding revenue.
  9. It may indicate weak demand for products or poor sales forecasting.
35
Managing ChangeQuestions
Managing Change
Causes and effects of change
  1. What is organic growth as a cause of change in business?
  2. How does growth through acquisition cause change in a business?
  3. What is retrenchment or downsizing as a cause of change?
  4. What responses might poor business performance trigger in an organisation?
  5. Why does poor business performance act as a cause of change?
  6. How does new ownership cause change in a business?
  7. What aspects of a business might change following new ownership?
  8. Define transformational leadership.
  9. How does transformational leadership act as a cause of change?
56
Managing ChangeAnswers
Answers
Causes and effects of change
  1. Organic growth is internal expansion achieved through increasing sales, developing new products, or entering new markets using the business's own resources, requiring structural and operational adjustments as the organisation expands.
  2. Growth through acquisition involves purchasing or merging with another business, causing change through integration of different systems, cultures, workforces, and operations, requiring significant structural and operational adjustments.
  3. Retrenchment is a reduction in organisational size through cutting operations, closing sites, or reducing workforce, requiring structural adjustments such as delayering, consolidation, and reallocation of resources.
  4. Poor business performance may trigger cost-cutting measures, organisational restructuring, strategic repositioning, or leadership changes to address declining results.
  5. Poor performance creates pressure to improve results, forcing businesses to reassess their strategies, operations, and management approaches to restore profitability and competitiveness.
  6. New ownership brings different objectives, management styles, cultures, and strategic priorities, leading to changes in direction, operations, and organisational practices.
  7. New ownership may alter the business's objectives, management style, organisational culture, and strategic priorities.
  8. Transformational leadership is a leadership style where leaders inspire and motivate employees to embrace new visions, challenge existing practices, and drive innovation within the organisation.
  9. Transformational leaders inspire employees to embrace new visions and challenge existing practices, creating a culture of innovation and continuous improvement that drives organisational change.
57
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2,305
questions
80 subtopics

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2,305 questions
Across 80 subtopics, every one of them from specification 9BS0.
One PDF
Print it, or work from a screen with a notebook beside you.
Answers after, not beside
Covering the answers is a matter of not turning the page, which is what makes the closed-book pass possible.

How the guide is worked

Answering a question from memory stores it far better than reading the answer again. The guide runs that as a fixed procedure on one subtopic at a time, about twenty minutes a session.

  1. Step 1 · Closed book

    Cover the answers. Work through one subtopic and write down what you can. Leave blanks where you have nothing.

  2. Step 2 · Open book

    Go back to the top. Read each printed answer and write it out in full, including the ones you had right.

  3. Step 3 · Closed book again

    Same questions, same order, from memory. The gap between pass one and pass three is the session result.

Read the full method, the return schedule and the research behind it.

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