GCSE Business Paper 1: Investigating small business - Extra Assessment Material Set 2 Paper 1 Question 1

Sep 5, 2026

Exam preparation paper for Pearson Edexcel GCSE (9–1) Business, Paper 1: Investigating small business, Extra Assessment Material Set 2. The booklet provides standard exam instructions, time guidance, and marking information, and includes Section A with questions requiring single-answer selections and short written explanations. Topics cover entrepreneurial objectives, defining stakeholders, risks when starting a new business, and benefits of social media for small businesses. It also includes further questions on entrepreneurship roles and effects on small firms.

LanguageEnglish

CategoryExam

FormatPDF

Pages20

Reading Time50 min

AccessFree to download

Section A

Question 1

(a) Financial aim for an entrepreneur

(b) Definition of stakeholder

(d) Benefit of social media for customers

Question 2

(a) Roles of entrepreneurship

| Write your name here
Surname Other names
Centre Number Candidate Number | | | --- | --- | | Pearson Edexcel
Level 1/Level 2 GCSE (9–1) | | | Business
Paper 1: Investigating small business Extra Assessment Material Set 2 for first teaching September 2017
Time: 1 hour 30 minutes Paper Reference
1BS0/01
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. • Calculators may be used • You are advised to show all your working out with your answer clearly . identified at the end of your solution. Information • The total mark for this paper is 90 • The marks for each question are s.hown in brackets – use this as a guide as to how much time to spend on each question. Advice • Read each question carefully before you start to answer it • Try to answer every question . • Check your answers if you have time at the end . . Turn over S58457A ©2017 Pearson Education Ltd. 1/1/1 *S58457A0120* SECTION A Answer ALL questions. Write your answers in the spaces provided. 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 (a) Which one of the following is a financial aim for an entrepreneur when starting anew business? Select one answer. (1) A Personal satisfaction B Independence C Market share D Challenge (b) Which one of the following best defines the term stakeholder? Select one answer. (1) A An owner of a private limited company B Someone with an interest in the success of a business C Any individual who takes decisions within a business D An individual who owns shares in a business (c) Explain one risk an entrepreneur takes when starting a new business. (3) ............................................................................................................................... ............................................................................................................................... ...................... ............................................................................................................................... ............................................................................................................................... ...................... ............................................................................................................................... ............................................................................................................................... ...................... ............................................................................................................................... ............................................................................................................................... ...................... ............................................................................................................................... ............................................................................................................................... ...................... ............................................................................................................................... ............................................................................................................................... ...................... 2 *S58457A0220* (d) Explain one benefit to a small business of using social media as a method of communicating with customers. (3) .........................................................................................................

FAQs

What does Question 1(a) ask you to do?

Select one answer identifying a financial aim for an entrepreneur when starting a new business.

How is stakeholder defined in Question 1(b)?

Stakeholder is defined as someone with an interest in the success of a business.

What is Question 1(d) about?

It asks for one benefit to a small business of using social media to communicate with customers.

Sep 5, 2026

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