A-level BUSINESS Paper 2 Business 2. PREDICTOR EXAM QUESTIONS. RATED A+

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Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not wr... ite outside the box around each page or on blank pages. • If you need extra space for your answer(s), use the lined pages at the end of this book. Write the question number against your answer(s). • Do all rough work in this answer book. Cross through any work you do not want to be marked. Information • The marks for questions are shown in brackets. • The maximum mark for this paper is 100. Please write clearly in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature I declare this is my own work. A-level BUSINESS Paper 2 Business 22 *02* IB/G/Jun21/7132/2 Do not write outside the Answer all questions in the spaces provided. box 0 1 Read the information below and then answer the questions that follow. Banking on change The UK banking industry is dominated by the ‘Big 5’ banks. These banks have had costly networks of physical branches. Recently they have closed many branches, particularly in rural areas. New technology and changes to government rules have opened the market to competition from relatively new entrants called ‘challengers’. Challenger banks target a niche and aim to provide better customer service. Metro Bank, like other challengers, has grown fast, but unfortunately it had to declare losses after a major accounting error in early 2019. Appendix A Examples of types of challenger bank Bank(s) Type of service Monzo, Starling Fully online bank (this type includes 90% of challengers) Tesco, M&S Bank linked to retailer brand Metro Bank City branches open 12 hours a day Appendix B Market share of banks in UK, 2019 (%) Note: The ‘Big 5’ banks are Lloyds, Barclays, RBS/NatWest, HSBC, Santander3 *03* Turn [Show More]

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