0450 Business Studies November 2025 Question Paper 22

1 (a) Explain four ways a business plan could help Kathryn. Way 1: Way 2: Way 3: Way 4: [8] , ,

(b) Consider the following two methods Kathryn could use to communicate with her suppliers. Which method should Kathryn use if an order is needed quickly? Justify your answer. • Telephone calls • Emails Telephone calls: Emails: Recommendation: [12] , ,

2 (a) Explain two benefits and two limitations of a business operating in a niche market. Benefit 1: Benefit 2: Limitation 1: Limitation 2: [8] , ,

(b) Using Appendix 2 and other information, consider the following three elements of the possible marketing mix for FF’s new shop. Which element is likely to be the most important? Justify your answer. • Price – cost-plus pricing • Place – selling some flowers through wedding planners • Promotion – television advertising Price – cost-plus pricing: Place – selling some flowers through wedding planners: Promotion – television advertising: Conclusion: [12] , ,

3 (a) Explain two reasons why FF uses job production. Reason 1: Explanation: Reason 2: Explanation: [8] , ,

(b) 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: [12] , ,

4 (a) Explain two reasons why high quality is important for FF. Reason 1: Explanation: Reason 2: Explanation: [8] , ,

(b) Using Appendix 3 and other information, consider the following two ways FF could contribute to sustainable development. Which way should Kathryn choose? Justify your answer. • Buying all flowers from sustainable sources • Using electricity from renewable sources Buying all flowers from sustainable sources: Using electricity from renewable sources: Recommendation: [12] , ,