Practice (Mock) Paper for Edexcel A Level Business (Paper 3 format) – with questions on the The Market for Entertainment (the 2020 Paper 3 Context)
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This resource consists of a practice paper (with detailed mark scheme / answers) that tests various aspects of the Edexcel A Level specification (see below) in relation to the 2020 context of the Market for Entertainment.
It includes stimulus material, questions and detailed answers on the following specification topics:
- Theme 1: 1.4.3 Organisational design (structure and impact – centralised and decentralised); 1.5.3 Business objectives.
- Theme 2: 2.1.2 External finance (loans, shares); 2.1.3 Liability; 2.3.1 Profit; 2.3.2 Liquidity; 2.5.1 Economic influences (interest rates); 2.5.2 Ratio analysis; 2.5.3 The competitive environment.
- Theme 3: 3.1.1 Corporate objectives; 3.1.4 Impact of external influences (PESTLE – economic, technological; The changing competitive environment) 3.2.2 Mergers and takeovers (reasons for).
- Theme 4: 4.2.5 Global competitiveness (skill shortages); 4.3.1 Marketing; 4.3.3 Cultural / social factors.
The practice paper and mark scheme (level descriptors) are based on the structure, style and format of recent examinations set by Edexcel (at the time of writing) for the A Level Business Paper 3 exam.
The question paper includes space for students to write down their answers.
Answers are provided in paragraph form, rather than a list of relevant points anticipated to be raised in the answer.
Answers typically contain a range of examples of comments which can earn high marks in relation to the question set.
The author, Claire Baker, is an experienced teacher, examiner, author and the founder and Managing Director of APT. She has taught Business from ages 11 to 19 and has been an Examiner, Principal Examiner and Reviser for Business and Business related courses for a leading awarding body.
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