Category: Paper 1 Solutions

Table Of ContentsThe Purpose and Nature of Business Activity Solution ✍🏽 Classification of Business Solution ✍🏽Enterprise, Business Growth and Size Solution ✍🏽Types of Business Organisation Solution ✍🏽 Business Objectives and Stakeholder Objectives Solution ✍🏽 The Purpose and Nature of Business Activity Solution ✍🏽 WaWay, a large manufacturing business, makes cell (mobile) phones. WaWay exports 30%

Table Of ContentsMarketing, Competition, and the Customer Solution ✍🏽 Market Research Solution ✍🏽Marketing Mix Solution ✍🏽Marketing Strategy Solution ✍🏽 Marketing, Competition, and the Customer Solution ✍🏽 LIT Trendz is a public limited company. It makes a range of clothing products including T-shirts and jeans for the mass market. Last year LIT Trendz’s revenue fell. The

Table Of ContentsProduction of Goods and Services Solutions ✍🏽 Costs, Scale of Production and Break-even Analysis Solutions ✍🏽Achieving Quality Production Solutions ✍🏽Location Decisions Exam Solutions ✍🏽 Production of Goods and Services Solutions ✍🏽 Delishjuice is a small business and produces a range of fruit juice made from fruit using batch production. Delishjuice uses specialisation in

Table Of ContentsBusiness Finance: Needs and Sources Solutions ✍🏽 Cash-Flow Forecasting and Working Capital Solutions ✍🏽Income Statements Solutions ✍🏽Statement of Financial Position Solutions ✍🏽 Analysis of Accounts Solutions ✍🏽 Business Finance: Needs and Sources Solutions ✍🏽 Dika is a sole trader in Country A. He provides removals services to business customers. His business does not

Table Of ContentsEconomic Issues Exam Solutions✍🏽 Environmental and Ethical Issues Solutions ✍🏽Business and the International Economy Solutions ✍🏽 Economic Issues Exam Solutions✍🏽 Ymix is a large cement company based in country B. Ymix is in the private sector. It supplies builders in country X with 20% of the cement they need and the rest is