Mini practice paper: 8 questions
Mixed-difficulty questions from across the Business Studies syllabus. Tap "Show answer" after each to check yourself.
Q1 · Difficulty 1/3
A general rise in the average level of prices in an economy is called:
- Deflation
- Recession
- Depreciation
- Inflation
Show answer & explanation
✓ Answer: D — Inflation
Inflation is a sustained rise in prices, reducing the purchasing power of money and often increasing a business's costs.
Q2 · Difficulty 1/3
An individual or group with an interest in how a business performs (e.g. employees, customers, suppliers) is a:
- Shareholder only
- Competitor
- Regulator only
- Stakeholder
Show answer & explanation
✓ Answer: D — Stakeholder
Stakeholders include anyone affected by or interested in the business — owners, employees, customers, suppliers, the local community and government.
Q3 · Difficulty 1/3
Training carried out away from the normal workplace, for example at a college, is called:
- Induction only
- Appraisal
- Off-the-job training
- On-the-job training
Show answer & explanation
✓ Answer: C — Off-the-job training
Off-the-job training takes place away from the workstation (e.g. courses), while on-the-job training happens while doing the actual work.
Q4 · Difficulty 2/3
During the 'growth' stage, sales typically:
- reach zero
- fall
- rise rapidly
- stay flat
Show answer & explanation
✓ Answer: C — rise rapidly
Sales grow quickly.
Q5 · Difficulty 2/3
A sports clothing brand launches separate product ranges for teenagers, young adults, and over-50s. Which targeting strategy is the brand using?
- Undifferentiated marketing
- Differentiated marketing
- Niche marketing
- Concentrated marketing
Show answer & explanation
✓ Answer: B — Differentiated marketing
Differentiated marketing means targeting two or more segments with a distinct marketing mix for each. Because the brand addresses three age segments with separate ranges, this is differentiated marketing. Concentrated (niche) marketing focuses on just one segment. Undifferentiated marketing uses a single offer for the whole market.
Q6 · Difficulty 2/3
During the 'decline' stage of the product life cycle, sales are:
- Falling
- Rising rapidly
- At their highest
- Just beginning
Show answer & explanation
✓ Answer: A — Falling
In the decline stage sales fall as the product loses appeal; businesses may use extension strategies, discount it or withdraw it.
Q7 · Difficulty 1/3
Which stage of the product life cycle typically generates the highest total profit for a business?
- Introduction stage
- Decline stage
- Maturity stage
- Growth stage
Show answer & explanation
✓ Answer: C — Maturity stage
The maturity stage generates the highest total profit because sales volume is at its peak and development/launch costs have already been recovered. The growth stage sees rising profits but they have not yet peaked. The introduction stage usually runs at a loss due to high launch costs. The decline stage sees falling sales and profits.
Q8 · Difficulty 1/3
Total revenue is calculated as:
- Selling price × quantity sold
- Fixed costs + variable costs
- Revenue − costs
- Assets − liabilities
Show answer & explanation
✓ Answer: A — Selling price × quantity sold
Revenue (turnover) = price per unit × number of units sold. Profit is then revenue minus total costs.
AQA GCSE Business Studies FAQ
What does the AQA GCSE Business Studies exam look like?
The AQA GCSE Business Studies exam is structured across 3 components. Paper 1: Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 1-4 of the specification. Paper 2: Approximately 1 hour 30 minutes, ~70-100 marks. Covers Topics 5-8 of the specification. Paper 3: Where applicable — e.g. Combined Science, Languages. Includes synoptic and applied questions. Total exam time: ~3 hours across two or three papers.
Can I download a free AQA GCSE Business Studies past paper?
Real AQA past papers are published directly by AQA on their official website. Kramizo doesn't redistribute copyrighted past papers, but we do generate free AI-written practice papers in the exact same style — same command words, same difficulty tier, same mark conventions. Use this practice paper as warm-up, then time yourself on official past papers before exam day.
How is AQA GCSE Business Studies graded?
Grades: 9 (highest) to 1 (lowest), with U (ungraded). A grade of 4 is a standard pass; 5 is a strong pass. Kramizo's practice questions are tagged with difficulty 1-3 mapping roughly to the lower, middle, and top grade boundaries you'll encounter in the real exam.