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Free Practice Questions for Made-for-Wales GCSE Business

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Exam Review

Key Facts: Made-for-Wales GCSE Business Exam

3160QS

English qual code (3160CS Cymraeg)

WJEC GCSE Business specification

A*–G

Subject grade scale (U unclassified)

WJEC specification grading

4 units

2 exams + 2 NEAs (unitised)

WJEC Delivery Guide / Specification

£46.80

Typical centre full GCSE entry fee

WJEC entry fees schedules

Sept 2025

First teaching

WJEC / Qualifications Wales

100

Free practice MCQs here

OpenExamPrep

WJEC Made-for-Wales GCSE Business (3160QS): four units—two 1 h 15 min written exams (30% each) plus Unit 2 NEA (15%, WJEC-marked) and Unit 4 NEA (25%, centre-marked). Graded A*–G; first teaching Sept 2025; centre full entry about £46.80. This free bank is 100 English MCQs for study only, not official exam format.

Sample Made-for-Wales GCSE Business Practice Questions

Try these sample questions to review concepts for the Made-for-Wales GCSE Business exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1What is the main purpose of most private sector businesses in Wales?
A.To provide free public services to all residents
B.To generate profit for their owners or shareholders
C.To set interest rates for the UK economy
D.To collect council tax on behalf of local authorities
Explanation: Private sector businesses are owned by individuals or shareholders and primarily aim to make a profit, while still possibly pursuing other objectives such as growth or social responsibility.
2Which of the following is an example of a public sector organisation in Wales?
A.Tesco Extra in Cardiff
B.A family-owned café in Swansea
C.NHS Wales
D.A franchise takeaway on the high street
Explanation: NHS Wales is publicly funded and run to provide healthcare as a public service, so it sits in the public sector.
3An entrepreneur is best described as someone who:
A.Only works in a large multinational headquarters
B.Takes the risk of setting up and running a business
C.Lends money to the government through bonds
D.Marks GCSE exams for WJEC
Explanation: Entrepreneurs organise resources and accept personal/financial risk to start and run a business, often spotting a market opportunity.
4Which legal structure gives the owners limited liability and a separate legal identity from the business?
A.Sole trader
B.Unlimited partnership with no LLP status
C.Private limited company (Ltd)
D.Informal market stall with no registration
Explanation: A private limited company is a separate legal entity; shareholders’ liability is limited to their investment, protecting personal assets (subject to personal guarantees).
5What does unlimited liability mean for a sole trader?
A.The owner can only lose the money invested in company shares
B.The owner’s personal assets can be used to pay business debts
C.The business cannot make a loss in any year
D.Customers must pay all debts before goods are delivered
Explanation: Unlimited liability means business debts can extend to the owner’s personal wealth (e.g. home, savings) if the business cannot pay.
6Which stakeholder group is most likely to prioritise job security and fair wages?
A.Shareholders seeking higher dividends only
B.Employees
C.Competitors
D.Suppliers of raw materials only
Explanation: Employees depend on the business for income and conditions, so they typically prioritise secure jobs, pay and safe working conditions.
7Revenue is best defined as:
A.Total costs minus profit
B.Money received from sales of goods or services
C.Only the cash left in the bank at year end
D.The value of fixed assets on the balance sheet
Explanation: Revenue (sales turnover) is the income earned from selling products or services before costs are deducted.
8If total costs are £40,000 and total revenue is £55,000, profit is:
A.£15,000
B.£40,000
C.£55,000
D.£95,000
Explanation: Profit = revenue − total costs = £55,000 − £40,000 = £15,000.
9Fixed costs are costs that:
A.Change exactly in proportion with every unit sold
B.Stay the same in the short run regardless of output level (within capacity)
C.Are never paid by businesses in Wales
D.Only occur when the firm makes a loss
Explanation: Fixed costs (e.g. rent, salaried managers) do not vary with output in the short run, unlike variable costs.
10Variable costs typically include:
A.Factory annual rent agreed for five years
B.Raw materials used per unit produced
C.Business rates paid once a year
D.A manager’s fixed annual salary
Explanation: Raw materials rise as more units are made, so they are classic variable costs.

About the Made-for-Wales GCSE Business Exam

Made-for-Wales GCSE Business (WJEC qual code 3160QS / 3160CS) is the Curriculum for Wales–aligned Key Stage 4 business qualification first taught from September 2025 and first fully awarded from Summer 2027. It is unitised and untiered, combining two written examinations with two non-examination assessments (including an externally marked local-business investigation for Unit 2). Content develops enterprise, business fundamentals, functional strategies (finance, marketing, HR, production), ethics, sustainability, technology, and the relationship between business and society in local Welsh, UK and global contexts. Assessment languages are English and Welsh; the qualification is not available to centres in England. Distinct from England 9–1 GCSE Business Studies (e.g. AQA/Edexcel/OCR) and from the legacy WJEC GCSE Business (3510) being phased out.

Exam sponsor: WJEC (CBAC), regulated by Qualifications Wales. The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Four compulsory units (unitised, untiered). Unit 1 Introduction to the Business World: written exam 1 h 15 min, 60 marks, 30%. Unit 2 Key Business Considerations: externally assessed NEA ~5 hours, 48 marks, 15% (digital upload, e.g. Surpass). Unit 3 Business Strategies for Success: written exam 1 h 15 min, 60 marks, 30%. Unit 4 Business Creation: centre-marked NEA ~8 hours, 60 marks, 25%, moderated by WJEC. Qual codes 3160QS (English) / 3160CS (Cymraeg).

Time Limit

Written exams: 1 h 15 min each for Units 1 and 3 (2 h 30 min total). NEA: about 5 hours (Unit 2) and about 8 hours (Unit 4), often split across sessions under WJEC control levels.

Passing Score

A*–G subject grades on UMS (subject maximum 400 UMS). Unit UMS maxima: Unit 1 120, Unit 2 60, Unit 3 120, Unit 4 100. Grade U if below G standard.

Exam / Certification Fees

£46.80 centre full-qualification entry fee for Made-for-Wales GCSE single-award subjects on published WJEC fee schedules (confirm current series PDF; unit fees may apply for staged entry).

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

30%

Unit 1 — Introduction to the Business World

Purpose of business activity, enterprise and entrepreneurship, aims and objectives, markets and sectors, consumers, sustainability, careers and employment trends (Wales/UK/global), scales of operation, globalisation and multinationals, internal and external stakeholders.

15%

Unit 2 — Key Business Considerations (NEA)

Business in society; investigating a local business; presenting and evaluating business data; annually set themes from ethics, environment/sustainability, and technology. Externally set and marked by WJEC.

30%

Unit 3 — Business Strategies for Success

Growth (internal and external), external factors affecting business, and strategies across finance (costs, revenue, break-even, cash flow), marketing, human resources, and production/operations.

25%

Unit 4 — Business Creation (NEA)

Synoptic enterprise: identify a local economic, social or environmental need and develop a business creation response using knowledge and enquiry skills from Units 1–3.

Preparing for the Made-for-Wales GCSE Business Exam

What You Need to Know

  • Passing score: A*–G subject grades on UMS (subject maximum 400 UMS). Unit UMS maxima: Unit 1 120, Unit 2 60, Unit 3 120, Unit 4 100. Grade U if below G standard.
  • Assessment: Four compulsory units (unitised, untiered). Unit 1 Introduction to the Business World: written exam 1 h 15 min, 60 marks, 30%. Unit 2 Key Business Considerations: externally assessed NEA ~5 hours, 48 marks, 15% (digital upload, e.g. Surpass). Unit 3 Business Strategies for Success: written exam 1 h 15 min, 60 marks, 30%. Unit 4 Business Creation: centre-marked NEA ~8 hours, 60 marks, 25%, moderated by WJEC. Qual codes 3160QS (English) / 3160CS (Cymraeg).
  • Time limit: Written exams: 1 h 15 min each for Units 1 and 3 (2 h 30 min total). NEA: about 5 hours (Unit 2) and about 8 hours (Unit 4), often split across sessions under WJEC control levels.
  • Exam / certification fees: £46.80 centre full-qualification entry fee for Made-for-Wales GCSE single-award subjects on published WJEC fee schedules (confirm current series PDF; unit fees may apply for staged entry). Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

Made-for-Wales GCSE Business: Suggested Study Strategy

1Learn Unit 1 foundations first (aims, ownership/enterprise, stakeholders, markets) so Unit 2 NEA research and Unit 3 strategies make sense.
2Practise numeracy: revenue, costs, profit, break-even, percentage change and simple cash-flow figures—these appear in written papers and NEA data tasks.
3For Unit 2, practise structuring a local-business investigation with clear data presentation, analysis and evaluation linked to ethics, environment or technology.
4Use Wales/UK examples (local SMEs, Careers Wales, Business Wales, regional industries) to show cynefin and real contexts examiners value.
5Distinguish internal vs external growth and evaluate trade-offs (control, cost, risk, culture) rather than only listing methods.
6Time yourself on short application questions: apply a definition to a Welsh or UK mini-case, then make a supported judgement.

Frequently Asked Questions

What is Made-for-Wales GCSE Business?

It is the WJEC GCSE Business qualification approved by Qualifications Wales for first teaching from September 2025 (qual code 3160QS English / 3160CS Cymraeg). It supports the Curriculum for Wales and is graded A*–G. It is not the same as England 9–1 GCSE Business Studies.

How is the qualification assessed?

Four compulsory units: Unit 1 and Unit 3 written exams (each 1 hour 15 minutes, 60 marks, 30%), Unit 2 externally assessed NEA (about 5 hours, 48 marks, 15%), and Unit 4 centre-marked NEA moderated by WJEC (about 8 hours, 60 marks, 25%). There is no tiering.

What is Unit 2 NEA?

Learners investigate a business operating in their locality and complete an externally set assignment on business and society plus one theme chosen from the pair WJEC sets that year (from ethics, environment, and technology). Work is set and marked by WJEC and submitted digitally (e.g. via Surpass).

When is the first award?

First teaching is September 2025. WJEC materials state the qualification is awarded for the first time from Summer 2027 (Unit 1/2 assessment opportunities begin earlier in the unitised route—follow your centre’s entry plan and WJEC key dates).

Is this the same as GCSE Business Studies in England?

No. Made-for-Wales GCSE Business is regulated by Qualifications Wales, awarded by WJEC for centres in Wales, uses A*–G grades, and includes substantial NEA. England GCSEs typically use the 9–1 scale and different board specifications (AQA, Pearson Edexcel, OCR, etc.).

Are these practice questions official WJEC papers?

No. OpenExamPrep questions are original English multiple-choice items for revision. Official exams mix objective, short and extended responses plus NEA tasks. Always use WJEC sample assessment materials and your teacher’s guidance for exam technique.