As the Head of Business & Economics at a school in Nottingham, my aim is to share high-quality resources to save other schools time, allowing them to focus on learning
As the Head of Business & Economics at a school in Nottingham, my aim is to share high-quality resources to save other schools time, allowing them to focus on learning
Title: GCSE Business Studies: 15 ‘Explain’ Questions and Answers
Overview:
This teaching resource is designed to aid students in their preparation for the GCSE Business Studies examination, specifically for Paper 1. It consists of 15 ‘Explain’ questions and their model answers, covering a wide range of topics from the Edexcel GCSE Business Studies specification. Each question is carefully crafted to address a specific concept within the subject content, and the answers provided exemplify the structure and depth of response expected in the exam.
Topics Covered:
The resource covers key areas of the Edexcel GCSE Business Studies specification, including:
The dynamic nature of business.
Risk and reward in business.
The role of business enterprise.
Spotting a business opportunity.
Customer needs.
Market research.
Market segmentation.
The competitive environment.
Business aims and objectives.
Business revenues, costs, and profits.
Cash and cash-flow.
Sources of business finance.
Business ownership and franchises.
Business location.
The marketing mix.
Business plans.
External influences on business, including stakeholders, technology, legislation, and the economy.
Resource Format:
Each question is presented in the format of “Explain one [concept] (3),” following the Edexcel GCSE examination style. The provided answers follow a structured approach, comprising three logical strands:
Explanation of the concept.
Discussion of the implications or outcomes.
Conclusion, summarizing the importance or impact.
Intended Use:
This resource is intended for GCSE Business Studies students and teachers seeking practice questions and exemplar answers to reinforce understanding and improve exam technique. Students can use this resource for self-study, revision, or classroom practice, while teachers can incorporate these questions into their lesson plans.
By using this resource, students can gain a deeper understanding of key Business Studies concepts, practice concise and coherent writing, and prepare effectively for ‘Explain’ type questions on the GCSE Business Studies Paper 1 examination.
This is my first time sharing some resource on TES any critical reviews please contact me peronally - Any positive reviews will get a free resource.
Understanding financial ratios is a fundamental skill for A-Level Business students, helping them assess business performance and make informed decisions. This lesson provides a structured and accessible introduction to three essential ratios: Return on Capital Employed (ROCE), Current Ratio, and Gearing. Through clear explanations, interactive activities, and scaffolded resources, this lesson builds a strong foundation for future financial analysis.
Not sure if this resource is right for you?
I know it can be difficult to trust online resources, but I assure you these are high quality and classroom-tested. If you’d like to see samples of my work, check out my free resources here:
Creditor, Payable Days & Inventory Management Ratio Analysis: /teaching-resource/resource-13193302
Integrated Marketing Mix: /teaching-resource/resource-13104665
Price Elasticity of Demand: /teaching-resource/resource-13054401
What’s Included in This Lesson?
✔ Concise Explanations: Clear, structured notes that break down each ratio, explaining its purpose, calculation, and business significance in a way that’s easy to grasp.
✔ Targeted Activities: Individual exercises designed to reinforce understanding of each ratio, leading to a cumulative end-of-lesson activity to consolidate learning.
✔ Scaffolding Resources: A cheat sheet to support students in tackling calculations and applying ratios, alongside full answer sets for each task to support self-assessment and independent learning.
✔ Complete Teaching Pack: A fully prepared lesson PowerPoint, worksheet for the final activity, and a cheat sheet for quick reference, ensuring teachers have everything they need for an engaging and effective lesson. Answers included.
This resource is ideal for A-Level Business teachers looking for a well-structured, accessible, and exam-relevant lesson that helps students move from understanding financial ratios to confidently applying them in business scenarios.
Special Offer:
I’d love to hear your feedback! If you leave a review, you can claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and chosen resource.
A-Level Edexcel Theme 1 Recap/Retrieval Questions & Answers (PowerPoint, Worksheet, Homework/Revision) – This resource includes all the recap questions I used throughout Theme 1: Introduction to Markets and Market Failure.
Multiple-choice, true/false, calculation questions, essay-style questions – a variety of activities to engage students. I have included as many questions and answers as possible, so you can adapt them to your teaching style.
Topics include:
Nature of Economics
Opportunity Cost & Production Possibility Frontiers (PPFs)
Specialisation & Division of Labour
Demand and Supply
Price, Income & Cross Elasticity of Demand
Price Elasticity of Supply
Consumer and Producer Surplus
Market Failure & Externalities
Public Goods & Information Gaps
Government Intervention (Taxes, Subsidies, Price Controls)
Government Failure
Includes diagrams and calculation-based questions to test applied knowledge.
Any queries, don’t hesitate to contact me.
During revision for Year 11’s Paper 2 Edexcel GCSE Business Paper, I like to ask short answer exam questions. For lower stakes and to get them thinking about developing their answers. This pack contain 2.1, 2.2, 2.3 & 2.5 3 marks questions with model answers. Also I have included finance questions for 2.4 which includes gross profit, net profit, margins & ARR. As well some questions where they look at graphs and work on those data reading skills. In total there are over 100 questions here in a easily editable format, to use as you see fit.
My model answers are written in a Point+BLT structure.
This should give you full coverage of questions for students.
Leave a positive review & get a free resource (under £5)
All of the finance/calculation questions for GCSE Edexcel Paper 1, that I have. I use these as assessment, as recap and flashcards. All the same types of questions that have appeared in past exams.
Revenue
Costs
Profit
Breakeven
Margin of Safety
Interest
Cash flow
x10 sets of questions all (but one) have answers included!
These are all of the recap calculation questions I used throughout Year 10 / Paper 1. Could be used in a lesson or a for Y11 revision.
A key thing with a lot of these resources if that they are based on the previous questions that have appeared. Giving students the opportunity to practice these through repetition.
Some of my resources can also be used as flashcards. See my free Costs, Profit & Breakeven worksheet/flashcard resource for free to see what I mean. /teaching-resource/gcse-business-edexcel-costs-profit-and-breakeven-13011803
GCSE Edexcel Paper 1 Recap/Retrieval Questions & Answers (Powerpoint, Worksheet, Homework/ Revision) - There are all of the recap questions I used throughout Year 10 / Paper 1. Could make a lesson or could be used as study notes.
Questions are divided by topics:
● Topic 1.1 Enterprise and entrepreneurship
● Topic 1.2 Spotting a business opportunity
● Topic 1.3 Putting a business idea into practice
● Topic 1.4 Making the business effective
● Topic 1.5 Understanding external influences on business
MCQ, True/False, Essay Questions, Long mark- multiple types of activties, Calcualtion with answers too
Other resources you may be interested in:
/teaching-resource/resource-12825501
/teaching-resource/resource-13041415
/teaching-resource/resource-13011763
GCSE Edexcel Theme 2 Recap/Retrieval Questions & Answers (Powerpoint, Worksheet, Homework/ Revision) - There are all of the recap questions I used throughout Theme2/Paper2 .
MCQ, True/False, Essay Questions, Long mark- multiple types of activities. In this I’ve tried to give as many questions and answers as I can so you can adapt them to your style.
Topics include:
Business Growth
PLCs
Sources of Finance
Aims and Objectives
Globalisation
Ethics
MarketingMix (4ps)
Business Operations
Working with Suppliers
Managing Quality
The Sales Process
Gross and Net Profit
Average Rate of Return
Organisational Structures
Different ways of working
Recruitment
Any queries don’t hesistate to contact me.
65% DISCOUNT AVAILABLE FOR THE LAST TWO WEEKS BEFORE EXAMS!! £9.99 - full price normally £28.81.
Search GCSE in my page to see individual products
GCSE Business Edexcel Paper 1 & Paper 2 Complete Revision Bundle (With Model Answers)
This all-in-one revision bundle is designed to fully prepare students for both Paper 1 and Paper 2 of the Edexcel GCSE Business course. With over 250 expertly written questions and detailed model answers, this pack supports effective retrieval, builds confidence with exam-style questions, and strengthens core calculation and application skills. All resources are editable and classroom-tested.
What’s Included:
✅ Theme 1 & Theme 2 Exam Style Questions + Model Answers
3-mark and ‘Explain’ questions across all key subtopics
✅ Retrieval & Recap PowerPoints – Theme 1 & Theme 2
MCQs, True/False, Essay questions, and long-mark answers
Designed for whole-topic review or independent homework
✅ Paper 1 & Paper 2 Help Sheets
Double-sided, student-friendly revision aids with:
Timings, top tips, calculation formulas
BLT + AJIM writing structures with model examples
Perfect for last-minute cramming or revision booklets
✅ Calculation Practice Packs – Theme 1 & Theme 2
All key finance topics with answer sets
Based on real past paper question types
Includes: Profit, Breakeven, Interest, Margin of Safety, Cash Flow, ARR
✅ Theme 2 finance questions (gross/net profit, margins, ARR, data/graph interpretation)
100+ editable questions – ideal for warm-ups, homework, or revision
✅ ARR Practice Booklet (20 Questions + Answers)
Covers both styles of ARR questions found in exams
Includes step-by-step workings
Student guidance notes included – perfect for lower to mid-attaining learners
Ideal for Year 10 consolidation or Year 11 revision
Whether you’re a teacher looking to save time or a student aiming for a top grade, this bundle ensures full specification coverage, targeted practice, and structured model responses.
⭐ Bonus: Positive reviews get a free resource (under £5) – just message me!
AQA A Level Business Studies - 3.3.4 Making Marketing Decisions: Using the Marketing Mix (9 Lessons) - Over 200 slides
This comprehensive bundle contains nine detailed lessons covering the entire specification for 3.3.4 Making Marketing Decisions: Using the Marketing Mix for AQA A Level Business Studies. Each lesson in this bundle includes a full presentation, model answers, and a variety of engaging activities designed to ensure students fully grasp the concepts necessary for exam success.
Included Lessons:
Introduction to the Marketing Mix
Overview of the 7Ps, key influences, and real-world application with Bosch & Toyota case studies.
Product: Boston Matrix
In-depth analysis of the Boston Matrix, with a focus on product portfolio management, featuring a Samsung case study.
Product: Product Life Cycle
Comprehensive coverage of each stage of the Product Life Cycle and its impact on key business functions, with practical application tasks.
Price
Detailed exploration of pricing strategies and their effects on marketing decisions, featuring Tesla and Netflix as real-world examples.
Promotion
Engaging lesson on various promotional strategies, with group activities and a case study on Abercrombie and Fitch.
Branding
Focused lesson on the role of branding in the marketing mix, including an exam-style case study and fun brand recognition activity.
Place – Distribution
Analysis of distribution strategies with practical examples from Cadburys and Nike, along with revision activities.
Digital Marketing & E-commerce
Detailed coverage of digital marketing and e-commerce, featuring case studies from Primark & Missguided.
Integrated Marketing Mix
Final lesson on integrating the 7Ps for a cohesive marketing strategy, with a focus on the extended marketing mix and a Carlsberg project.
Key Features of the Bundle:
Full presentations with editable pre-formatted slides.
Model answers and mark schemes provided for all exam-style questions.
Recap questions with answers to consolidate learning.
Real-life case studies and practical application tasks.
Scaffolding and support for lower ability students.
Fully aligned with the latest AQA A Level Business Studies specification.
This bundle is ideal for teachers looking to provide their students with a thorough understanding of the marketing mix and equip them with the tools needed to excel in their exams.
**Free sample
If you’re curious at the quality of my resources please see below for free versions of my lessons:
Integrated Marketing Mix /teaching-resource/resource-13104665
Price Elasticity of Demand:
/teaching-resource/resource-13054401
Special Offer:
I would really appreciate feedback if you kindly leave a review down below. You will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
Comprehensive lesson pack containing a full presentation and model answers included.
The lesson pack outlines all the specification of 3.3.2 Understanding markets and customers
8 lessons, 179 slides, Case Studies, Questions, Answers & Formative Assessment. I aim to make high quality lessons & my lessons are very focused on exam technique.
This lesson teaches the following content:
• Marketing Calculations
• Types of Market Research
• Value of Market Research
• Sampling
• Interpreting marketing data
• Price Elasticity of Demand
• Income Elasticity of Demand
Key features of this lesson include:
• Retrieval practice questions
• Pre-Formatted slides (with the option of editing them too with slide master)
• PeCanPie Essay Planner Free
• Answers given
• Real life examples
• Scaffolding for lower ability
• Updated to new specification
• All questions based on real questions that have appeared in exams
Click on the link below to check out a FREE AQA A Level Business lesson to get an idea of what this resource entails:
Price Elasticity of Demand
/teaching-resource/resource-13054401
Buy all resource individually:
• Calculating Market Size, Share & Growth: /teaching-resource/resource-12951569
• Types of Market Research: /teaching-resource/resource-13040149
• Types of Market Research: /teaching-resource/resource-13054410
• Sampling: /teaching-resource/resource-13054415
• Interpreting marketing data: /teaching-resource/resource-13054417
• Price Elasticity of Demand: /teaching-resource/resource-13054401
• Income Elasticity of Demand: /teaching-resource/resource-13054420
• The Use of Data in Marketing Decision Making: https://tes.com/teaching-resource/resource-13054423
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
AQA A Level Business Studies - 3.3.3 Making Marketing Decisions: Segmentation, Targeting, Positioning
Comprehensive lesson containing a full presentation and activities included. The lesson outlines all the specification of 3.3.3 Making Marketing Decisions: Segmentation, Targeting, Positioning for AQA A Level Business Studies.
This lesson covers the entire process and value of segmentation, targeting, and positioning, as well as the key influences on choosing a target market and positioning strategy.
This lesson teaches the following content:
Overview of segmentation methods: demographic, geographic, income, and behavioural segmentation.
Explanation of targeting strategies, including niche and mass marketing.
Market mapping and its importance in positioning.
Influences on choosing a target market and positioning approach.
Key features of this lesson include:
Recap questions with answers to consolidate understanding.
Engaging starter activity to introduce key concepts.
Full explanation with real-life examples from McDonald’s and Aldi.
Activity at the end where students develop their own business idea and apply segmentation, targeting, and positioning strategies.
Editable pre-formatted slides, updated to the latest specification.
I would really appreciate feedback if you kindly leave a review down below. You will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
A resource for GCSE Edexcel Business Studies - 36 unique questions on 2.4.1 Gross Profit, Net Profit & Margins (for each) with Answers. All on the back of the sheet for self assessment.
Provides a large quanitity of questions which have been tailored to how this topic appears in the exam.
This worksheet in powerpoint form is perfect for different abilities and really helps me differentiate in class.
Comprehensive lesson containing a full presentation and model answers included.
The lesson outlines all the specification of 3.3.2 Understanding markets and customers
This is lesson 5/8 in 3.3.2
This lesson teaches the following content:
Correlations
Scatter Charts
Extrapolation
Confidence Intervals
Key features of this lesson include:
• Retrieval practice questions
• Pre-Formatted slides (with the option of editing them too with slide master)
• PeCanPie Essay Planner Free
• Answers given
• Real life examples
• Scaffolding for lower ability
• Updated to new specification
• All questions based on real questions that have appeared in exams
Click on the link below to check out a FREE AQA A Level Business lesson to get an idea of what this resource entails:
Price Elasticity of Demand
/teaching-resource/resource-13054401
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
This PowerPoint lesson (covers 2 lessons) on 3.3.2 The value of primary and secondary marketing
research covers market research as whole. Covering topics such as:
Primary & Secondary research
Market reports example
Qualitative & quantitative research
Target markets
Market maps
Purpose of market research
Limitations of market research
I have always found on TES that A Level Business Studies resources were informative but lacked activities. This engaging lesson is packed full of them along with:
Retrieval practice questions
Real life examples
Plenary MCQ linked to exam (Statement 1 & 2 questions)
True & False Questions
Case Study
16 mark questions
Example answers
If you you leave a positive review, you may get a free resource of your choice (below £5) - just email mchughteaching with your receipt.
Comprehensive lesson containing a full presentation and model answers included.
The lesson outlines all the specification of 3.3.2 Understanding markets and customers
This is lesson 1/8 in 3.3.2
This lesson teaches the following content:
Calculating Market Size
Calculating Market Share
Calculating Market Growth
Key features of this lesson include:
• Retrieval practice questions
• Pre-Formatted slides (with the option of editing them too with slide master)
• Answers given
• Scaffolding for lower ability
• Updated to new specification
• All questions based on real questions that have appeared in exams
Click on the link below to check out a FREE AQA A Level Business lesson to get an idea of what this resource entails:
Price Elasticity of Demand
/teaching-resource/resource-13054401
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
Average Rate of Return (ARR) questions & answers, specifically for the Edexcel GCSE specification. In order to help my Year 11 revise, I had a look at exam style questions they were likely to face in Paper 2. Perfect for revision or for when you introduce the topic. I have also included some notes on the pages to help guide students.
I’ve identified two types with ARR and created questions which practice the method of answering, for both styles. The booklet then gives a mix of these questions for students to answer.
Perfect for lower-middle ability students
Answers provided show working out
Same type of questions they will get in the exam
20 questions in total.
If there are any errors in my calculations (there shouldn’t be I have double checked) email me at mchughteaching@gmail.com & I’ll fix it. I would really appreciate not leaving a negative review for an easy fix, thank you.
Comprehensive lesson containing a full PowerPoint presentation and model answers included. The lesson outlines all the specification of 3.3.4 Making Marketing Decisions: Using the Marketing Mix for AQA A Level Business Studies.
This is lesson 2/9.
This lesson teaches the following content:
• Explanation of the Boston Matrix (Stars, Question Marks, Cash Cows, Dogs)
• Impact of the Boston Matrix on marketing strategies
• Application to real-world products: Samsung
Key features of this lesson include:
• Recap questions
• Detailed discussion questions
• Case study-based 9 mark question
• Model answer with mark scheme
• Editable pre-formatted slides
• Real exam-style questions
**Free sample
If you’re curious at the quality of my resources please see below for free versions of my lessons:
Integrated Marketing Mix:
/teaching-resource/resource-13104665
Price Elasticity of Demand:
/teaching-resource/resource-13054401
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
GCSE Edexcel Paper 1 Recap/Retrieval Finance Calculation Questions & Answers (Flashcards Worksheet, Homework/ Revision) -
x48 questions where students have the opportunity to practice exam style questions. this can either be for revision or straight after teaching the key content. With answers!
Resources can also be used as flashcards. See instructions on the download.
Comprehensive lesson containing a full presentation and model answers included.
The lesson outlines all the specification of 3.3.2 Understanding markets and customers. Lesson 6/8.
This lesson teaches the following content:
Interpretation of PED figures
Calculating PED
Influences on PED
PED impact on revenue & profit
Key features of this lesson include:
• Retrieval practice questions
• Pre-Formatted slides (with the option of editing them too with slide master)
• PeCanPie Essay Planner Free
• Answers given
• Real life examples
• Scaffolding for lower ability
• Updated to new specification
• All questions based on real questions that have appeared in exams
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.
Comprehensive lesson containing a full PowerPoint presentation and model answers included. The lesson outlines all the specification of 3.3.4 Making Marketing Decisions: Using the Marketing Mix for AQA A Level Business Studies.
This is lesson 9/9.
This lesson teaches the following content:
• How to integrate the 7Ps for a cohesive marketing strategy
• Extended marketing mix considerations
• Case study: Oura Ring Gen 3
Key features of this lesson include:
• Recap questions with answers
• MCQ practice in exam format
• Research task with a focus on integration
• Carlsberg marketing brief project
• Model example provided
• Editable slides designed for easy use in exams
I would really appreciate feedback if you kindly leave a review down below, you will be able to claim any resource (up to £5) for FREE. Just email mchughteaching@gmail.com with your username and your chosen resource.