0450.1.3.1.01 — Contents of a business plan and how business plans assist entrepreneurs: past paper questions
Real questions on 0450.1.3.1.01 — contents of a business plan and how business plans assist entrepreneurs
The newest 20 of 78 written questions. Open one to see it on the real paper.
- 0450/11 · May/June 2026 · Q1d[6]
Explain one advantage and one disadvantage to Peter of using crowdfunding as a source of finance. advantage explanation disadvantage explanation
See it on the paper → - 0450/12 · May/June 2026 · Q2a[2]
Define ‘entrepreneur’.
See it on the paper → - 0450/13 · May/June 2026 · Q1e[6]
Do you think the advantages for a small retail business of buying products from a wholesaler are greater than the disadvantages? Justify your answer.
See it on the paper → - 0450/21 · May/June 2026 · Q1b[12]
Consider the advantages and disadvantages of the following three sources of finance Ashanti could use for the new equipment. Which source should she use? Justify your answer. • • • owners’ savings bank loan leasing owners’ savings bank loan leasing recommendation
See it on the paper → - 0450/21 · May/June 2026 · Q2a[8]
Explain how the following two sections of a business plan could help Ashanti when starting her business. • • market research human resources market research explanation human resources explanation
See it on the paper → - 0450/23 · May/June 2026 · Q4b[12]
Using Appendix 3 and other information, consider KH’s financial position and that of its main competitor. Which business was in a better financial position in 2025? Justify your answer using suitable calculations. KH’s financial position main competitor’s financial position conclusion
See it on the paper → - 0450/12 · February/March 2026 · Q1d[6]
Explain two ways MCL could overcome its cash flow problem. way explanation way explanation
See it on the paper → - 0450/12 · February/March 2026 · Q4a[2]
Define ‘business plan’.
See it on the paper → - 0450/12 · February/March 2026 · Q4d[6]
Explain two ways ASW could be affected by an increase in taxes. way explanation way explanation
See it on the paper → - 0450/22 · February/March 2026 · Q3a[8]
Explain one reason why CTD might need short-term finance and one reason why CTD might need long-term finance. reason for short-term finance explanation reason for long-term finance explanation
See it on the paper → - 0450/11 · October/November 2025 · Q2d[6]
Explain two factors CPW should consider when deciding on a source of finance for the new vehicles. Factor 1: Explanation: Factor 2: Explanation:
See it on the paper → - 0450/13 · October/November 2025 · Q2a[2]
Define ‘entrepreneur’.
See it on the paper → - 0450/21 · October/November 2025 · Q3a[8]
Explain two reasons why working capital is important to LB. Reason 1: Explanation: Reason 2: Explanation:
See it on the paper → - 0450/22 · October/November 2025 · Q1a[8]
Explain four ways a business plan could help Kathryn. Way 1: Way 2: Way 3: Way 4:
See it on the paper → - 0450/22 · October/November 2025 · Q3b[12]
Consider the following two sources of finance which could be used for working capital when FF’s new shop opens. Which would be the best source for Kathryn to use? Justify your answer. • • Bank overdraft Trade credit Bank overdraft: Trade credit: Recommendation:
See it on the paper → - 0450/12 · May/June 2025 · Q3a[2]
Define ‘private sector’.
See it on the paper → - 0450/13 · May/June 2025 · Q2d[6]
Explain two reasons why Jonathon’s business might have a cash flow problem. Reason 1: Explanation: Reason 2: Explanation:
See it on the paper → - 0450/11 · October/November 2024 · Q2a[2]
Define ‘entrepreneur’.
See it on the paper → - 0450/11 · October/November 2024 · Q2b[2]
Define ‘business plan’.
See it on the paper → - 0450/11 · October/November 2024 · Q2c[4]
Outline one advantage and one disadvantage to Mitchell of using microfinance as a source of finance. Advantage: Disadvantage:
See it on the paper →
What examiners said
Comprehensive responses • Most candidates were clearly familiar with ways to overcome a cash flow problem. • These responses then explained how ways such as bank loan and delaying payments to suppliers could help increase cash inflows or reduce cash outflows respectively. • Good use of the information from the stem was made to link the point to the context, with appropriate references to toys and...
— Examiner report, February/March 2026, 0450/12 Q1(d) (Cambridge)
Comprehensive responses • The key element of a business plan was that it included business objectives. Comprehensive responses recognised this and then proceeded to name another element such as details of its operations or finance. Instead of identifying another element, others stated uses of a business plan. Limited responses • Some candidates did not include any reference to objectives which wa...
— Examiner report, February/March 2026, 0450/12 Q4(a) (Cambridge)
Comprehensive responses • Most candidates understood the potential impact on ASW of an increase in taxes. Namely, it could lower demand, increase costs and decrease profit. • These responses were able to explain two relevant effects of an increase in taxes on the business. For example, explaining how lower profits could reduce the funds available for reinvestment or fewer sales could lead to lower...
— Examiner report, February/March 2026, 0450/12 Q4(d) (Cambridge)
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