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Business objectives: OCR A‑Level Economics questions

Every OCR A-Level Economics exam question on 3.1 Business objectives, 2021–2025, with its mark scheme and examiner’s report.

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478 questions

  1. Q2

    June 2025 · Paper 1

    25 marks3.1 Business objectives
    The whole paper ↗
    June 2025 Paper 1, question 2: 2* The term ‘Pepsi price power’ has been used to describe how the soft drink giant has been able to increase their revenue by raising price even against the bac

  2. Q29

    June 2025 · Paper 3

    1 mark3.1 Business objectives
    The whole paper ↗
    June 2025 Paper 3, question 29: If a firm is operating a quantity of Q1 which objective is it most likely pursuing? Costs / MC revenues AC AR O Q1 Quantity MR A Corporate social responsibility
    Your answer

  3. Q1(d)

    June 2023 · Paper 1

    8 marks5.3 The interaction of labour markets3.1 Business objectives
    The whole paper ↗
    June 2023 Paper 1, question 1(d): A number of policies have been suggested to affect Chief Executive remuneration including ‘Allowing greater use of ‘say on pay’ which allows a firm’s shareholde

  4. Q3

    June 2023 · Paper 3

    1 mark3.1 Business objectives
    The whole paper ↗
    June 2023 Paper 3, question 3: A firm is producing Q1 units of output at a price of P1 in the diagram below. What objective is it likely to be pursuing? Costs and revenues MC AC P1 AR 0 Q1 Ou
    Your answer

  5. Q1(e)

    June 2022 · Paper 1

    12 marks3.1 Business objectives
    The whole paper ↗
    June 2022 Paper 1, question 1(e): (e)* Evaluate, using evidence from the stimulus material, the factors which may influence the choice of objectives for a firm such as Shell. [12]

  6. Q19

    June 2022 · Paper 3

    1 mark3.1 Business objectives
    The whole paper ↗
    June 2022 Paper 3, question 19: The separation between ownership and control means managers are likely to be more incentivised to pursue sales revenue maximisation over profit maximisation. Wh
    Your answer

  7. Q3

    November 2021 · Paper 1

    25 marks3.1 Business objectives
    The whole paper ↗
    November 2021 Paper 1, question 3: 3* The nature of the market experienced by internet-based firms, such as Amazon Marketplace, eBay and Alibaba, means that they may not have an objective of prof

  8. Q29

    November 2021 · Paper 3

    1 mark3.1 Business objectives
    The whole paper ↗
    November 2021 Paper 3, question 29: What type of firm is most likely to engage in profit satisficing? A Charity B Public limited company C Public sector D Sole trader [1]
    Your answer
All 8 questions on Business objectives, as a list
  1. June 2025, Paper 1, Q2 (25 marks): 2* The term ‘Pepsi price power’ has been used to describe how the soft drink giant has been able to increase their revenue by raising price even against the bac
  2. June 2025, Paper 3, Q29 (1 mark): If a firm is operating a quantity of Q1 which objective is it most likely pursuing? Costs / MC revenues AC AR O Q1 Quantity MR A Corporate social responsibility
  3. June 2023, Paper 1, Q1(d) (8 marks): A number of policies have been suggested to affect Chief Executive remuneration including ‘Allowing greater use of ‘say on pay’ which allows a firm’s shareholde
  4. June 2023, Paper 3, Q3 (1 mark): A firm is producing Q1 units of output at a price of P1 in the diagram below. What objective is it likely to be pursuing? Costs and revenues MC AC P1 AR 0 Q1 Ou
  5. June 2022, Paper 1, Q1(e) (12 marks): (e)* Evaluate, using evidence from the stimulus material, the factors which may influence the choice of objectives for a firm such as Shell. [12]
  6. June 2022, Paper 3, Q19 (1 mark): The separation between ownership and control means managers are likely to be more incentivised to pursue sales revenue maximisation over profit maximisation. Wh
  7. November 2021, Paper 1, Q3 (25 marks): 3* The nature of the market experienced by internet-based firms, such as Amazon Marketplace, eBay and Alibaba, means that they may not have an objective of prof
  8. November 2021, Paper 3, Q29 (1 mark): What type of firm is most likely to engage in profit satisficing? A Charity B Public limited company C Public sector D Sole trader [1]

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