Edexcel GCSE Business Studies (Short Course) - Unit 6: Introduction to Small Business

Sep 5, 2026

Upload by Rizky

Edexcel GCSE Business Studies (Short Course) Unit 6: Introduction to Small Business exam paper (Wednesday 21 May 2014, morning, 45 minutes). The paper assesses learners through multiple-choice questions and short selection tasks covering short-term finance, entrepreneur/customer-market questions, business failure risks, and analysing provided profit and interest-rate information. It also tests understanding of venture capital advantages, interpretation of tables/graphs, and applying business concepts to realistic scenarios such as a planned juice bar with competitor strengths and weaknesses.

LanguageEnglish

CategoryExam

FormatPDF

Pages16

Reading Time40 min

AccessFree to download

Instructions and information

Question 1: Short-term finance

Question 2: Customer-market questions

Question 3: Risks of business failure

Questions 4-5: Monthly profit impacts

Question 6: Effects of interest rate changes

Question 7: Advantages of venture capital

Questions 8-10: Juice bar and competitors

| Write your name here
Surname Other names
Centre Number Candidate Number | | | --- | --- | | Edexcel GCSE | | | Business Studies (Short Course)
Unit 6: Introduction to Small Business Wednesday 21 May 2014 – Morning
Time: 45 minutes Paper Reference
5BS06/01
You do not need any other materials. Total Marks | | Instructions • Use black ink or ball-point pen. • Fill in the boxes at the top of this page with your name, centre number and candidate number. • Answer all questions. • Answer the questions in the spaces provided – there may be more space than you need. Information • The total mark for this paper is 40. • The marks for each question are shown in brackets – use this as a guide as to how much time to spend on each question. • Questions labelled with an asterisk (*) are ones where the quality of your written communication will be assessed –you should take particular care on these questions with your spelling, punctuation and grammar, as well as the clarity of expression. • A calculator may be used. Advice • Read each question carefully before you start to answer it. • Keep an eye on the time . • Try to answer every question . • Check your answers if you have time at the end . P40512RRA ©2014 Pearson Education Ltd. 5/5/6/3/1/2/5/2/2 *P40512RRA0116* Turn over Answer ALL the questions. Some questions must be answered with a cross in a box . If you change your mind about an answer, put a line through the box and then mark your new answer with a cross . 1 Which one of the following is an example of short-term finance for a small business? Select one answer: A Bank loan B Overdraft C Share capital D Personal savings (Total for Question 1 = 1 mark) | 2 Which two of the following are questions an entrepreneur should ask to find out if there would be enough customers for a new business idea? | | --- | | Select two answers: | | A What is the average level of income of local people? | | B What if fixed costs increase in the first six months? | | C What type of promotion should I use? | | D How many people live in the area? | | E How much should I spend on advertising? | | (Total for Question 2 = 2 marks) | | 3 Which two of the following are examples of risks which increase the chance of a new business failing in its first year? | | Select two answers: | | A Variable costs turn out to be lower than forecast | | B The bank increases interest rates on business loans | | C There is less competition than expected in the local area | | D There are more potential customers than market research suggested | | E There is a downturn in economic activity | | (Total for Question 3 = 2 marks) | 2 *P40512RRA0216* Questions 4 and 5 are based on the information below. Northern Coffee Merchants Ltd – Monthly Profit (January to June) January February March April May June 4 What is the total profit that Northern Coffee Merchants Ltd made between January and June? Select one answer: A £4 500 B £9 500 C £10 500 D £12 000 (Total for Question 4 = 1 mark) 5 Identify two likely impacts for the owners of Northern Coffee Merchants Ltd as a result of the information shown in the graph above. Select two answers: A Money will be available to reinvest in the business B Greater risk of losing personal possessions C More difficult to pay suppliers D Higher rate of Value Added Tax E Less risk of insolvency (Total for Question 5 = 2 marks) *P40512RRA0316* 3 Turn over | Question 6 is based on the graph below.
Interest Rate (January to December) | | | | --- | --- | --- | | Interest Rate (%) | 4.00 3.50 3.00 2.50 2.00 1.50 1.00 0.50
0.00 | | | 6 Identify the two most likely effects on small businesses of the changes in the interest rate shown in the graph.
Select two answers:
A Increased consumer spending using credit B Lower costs for businesses with overdrafts
C Less consumer spending with sma

FAQs

What is the total mark and time allowed for this paper?

The paper has a total of 40 marks and is to be completed in 45 minutes.

Which options are correct examples of short-term finance for a small business?

Choose the example listed among: bank loan, overdraft, share capital, or personal savings.

What are the two likely impacts of interest rate changes shown in the graph?

Select two effects related to consumer spending and businesses’ fixed or variable costs for small businesses.

Sep 5, 2026

Upload by Rizky