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Understanding the nature and purpose of business: AQA A‑Level Business questions

Every AQA A-Level Business exam question on 3.1.1 Understanding the nature and purpose of business, 2020–2025, with its mark scheme and examiner’s report.

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393 questions

  1. Q03

    June 2025 · AS Paper 2

    4 marks3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    June 2025 AS Paper 2, question 03: Explain one benefit to Hoods Ltd of having a mission statement. [4 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells hoodies and other sportswear to re

  2. Q01

    June 2024 · AS Paper 1

    1 mark3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    June 2024 AS Paper 1, question 01: Statement 1: ‘Profit is important because it can measure success.’ Statement 2: ‘Profit is important because it can reward shareholders.’ Read statements 1 and

  3. Q10

    June 2023 · Paper 1

    1 mark3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    June 2023 Paper 1, question 10: Which of the following statements is false? [1 mark] A Profit is a financial target for all businesses. B Profit is a measure of performance in Elkington’s trip

  4. Q02

    June 2023 · AS Paper 1

    1 mark3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    June 2023 AS Paper 1, question 02: When will a business’s corporate objectives be agreed? [1 mark] A After its mission and after its financial objectives B After its mission and before its financ

  5. Q05

    November 2020 · AS Paper 1

    1 mark3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    November 2020 AS Paper 1, question 05: The data below in Table 1 shows the weekly output and total costs of a business. Table 1 Weekly output (units) Total costs (£) 0 420 1 700 2 950 3 1320 4 1750 T

  6. Q12

    November 2020 · AS Paper 1

    3 marks3.1.1 Understanding the nature and purpose of business
    The whole paper ↗
    November 2020 AS Paper 1, question 12: The following data applies to a business: Fixed costs £1.5 million Total costs £6 million Output 2 million units Profit £3 million Calculate the selling price p
All 6 questions on Understanding the nature and purpose of business, as a list
  1. June 2025, AS Paper 2, Q03 (4 marks): Explain one benefit to Hoods Ltd of having a mission statement. [4 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells hoodies and other sportswear to re
  2. June 2024, AS Paper 1, Q01 (1 mark): Statement 1: ‘Profit is important because it can measure success.’ Statement 2: ‘Profit is important because it can reward shareholders.’ Read statements 1 and
  3. June 2023, Paper 1, Q10 (1 mark): Which of the following statements is false? [1 mark] A Profit is a financial target for all businesses. B Profit is a measure of performance in Elkington’s trip
  4. June 2023, AS Paper 1, Q02 (1 mark): When will a business’s corporate objectives be agreed? [1 mark] A After its mission and after its financial objectives B After its mission and before its financ
  5. November 2020, AS Paper 1, Q05 (1 mark): The data below in Table 1 shows the weekly output and total costs of a business. Table 1 Weekly output (units) Total costs (£) 0 420 1 700 2 950 3 1320 4 1750 T
  6. November 2020, AS Paper 1, Q12 (3 marks): The following data applies to a business: Fixed costs £1.5 million Total costs £6 million Output 2 million units Profit £3 million Calculate the selling price p

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