A Level Business Exam Questions by Topic
Practise A Level Business one topic at a time with original AQA, OCR, WJEC, Eduqas, CCEA and Edexcel-style questions. The 23 topic sets below contain 104 printable pages, with the mark scheme beside the questions so you can check the method before moving on.
How to practise exam questions by topic
- Choose the topic that cost marks in classwork or a past paper. Try the questions without notes so the first attempt shows what the student can actually recall.
- Use the mark scheme to compare the method as well as the final answer. For written subjects, check that each credited point is stated clearly; for calculations, identify the first step that went wrong.
- Revisit the same topic after a gap, then mix it into a full paper. Topic practice repairs one weakness at a time, while a timed paper checks whether the method can still be recognised among other questions.
A business is choosing between launching Product A, which costs 100,000 pounds, with a 0.6 probability of high sales generating revenue of 400,000 pounds and a 0.4 probability of low sales generating revenue of 150,000 pounds, or launching Product B, which costs 60,000 pounds, with a 0.7 probability of high sales generating revenue of 250,000 pounds and a 0.3 probability of low sales generating revenue of 90,000 pounds. Use decision tree analysis to recommend which product to launch.
- Check probabilities: Product A, 0.6 + 0.4 = 1. Product B, 0.7 + 0.3 = 1. Both valid.
- Expected value of Product A's outcomes: (0.6 x 400,000) + (0.4 x 150,000) = 240,000 + 60,000 = 300,000 pounds.
- Net gain of Product A: 300,000 - 100,000 (the launch cost) = 200,000 pounds.
- Expected value of Product B's outcomes: (0.7 x 250,000) + (0.3 x 90,000) = 175,000 + 27,000 = 202,000 pounds.
- Net gain of Product B: 202,000 - 60,000 (the launch cost) = 142,000 pounds.
- Compare: 200,000 pounds is greater than 142,000 pounds, so the quantitative recommendation is to launch Product A, though a full answer should also weigh how reliable the 0.6/0.4 probability estimates are.
Free for personal and classroom use - see copyright & terms. Every pack ends with its full mark scheme.
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