Cambridge A Level Business (for first examination in 2016) 9609 — 2025 Oct/Nov Paper 3 · Variant 3
9609/33/O/N/25 · 60 marks · ≈68 min
The question paper and its mark scheme, free to read here and free to download. This is Cambridge’s own paper, exactly as it was sat.
Question paper12 pages












Mark scheme
No mark scheme is in the library for this paper.
Paper as text
Question paper, page 1
This document has 12 pages. Any blank pages are indicated. [Turn over Cambridge International AS & A Level * 2 2 3 0 5 2 0 0 5 9 * DC (EV) 348722/2 © UCLES 2025 BUSINESS 9609/33 Paper 3 Business Decision-Making October/November 2025 1 hour 45 minutes You must answer on the question paper. You will need: Insert (enclosed) INSTRUCTIONS ● Answer all questions. ● Use a black or dark blue pen. ● Write your name, centre number and candidate number in the boxes at the top of the page. ● Write your answer to each question in the space provided. ● Do not use an erasable pen or correction fluid. ● Do not write on any bar codes. ● You may use an HB pencil for any diagrams, graphs or rough working. INFORMATION ● The total mark for this paper is 60. ● The number of marks for each question or part question is shown in brackets [ ]. ● The insert contains the case study. , , * 0000800000001 * ¬Wz> 4mHuOªE`z6W ¬£:qQ¡¡cqKyr ¥5UU5UE5¥e ¥UeU DFD
Question paper, page 2
2 9609/33/O/N/25 © UCLES 2025 1 Analyse two advantages to the government of country G that could result from the nationalisation of LBM. … … … … … … … … … … … … … … … … … … … … … … … … [8] * 0000800000002 * , , ĬÕú¾Ġ´íÈõÏĪÅĊÝü¸þ× Ĭģ¼òÔĥĥóÜĀñĄóăì¹úĂ ĥĥÅÕõµąÕÕĥÅÅąÕąĕąÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 3
3 9609/33/O/N/25 © UCLES 2025 [Turn over 2 Analyse one benefit and one limitation of sales forecasting to LBM as it begins its mining operations. … … … … … … … … … … … … … … … … … … … … … … … … [8] * 0000800000003 * , , Ĭ×ú¾Ġ´íÈõÏĪÅĊÝú¸þ× Ĭģ»ñÜģĩăÝúĀÅçûð¹ĊĂ ĥĥµĕµÕĥµÅĕĕÅąµĥÕĕÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 4
4 9609/33/O/N/25 © UCLES 2025 3 (a) Using the data in Table 1.1, calculate the payback period. … … … … … … [2] (b) Using the data in Table 1.1, calculate the net present value (NPV) over six years discounted at 8%. … … … … … … [2] (c) Evaluate LBM’s decision to go ahead with the hot water mine. … … … … … … … … … … … … * 0000800000004 * , , ĬÕú¾Ġ´íÈõÏĪÅĊßü¸Ā× Ĭģ»ôÜĩěĆÚøć¾ą×ÎéòĂ ĥÕĥĕõÕĥĕåµĥÅŵÅÕąÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 5
5 9609/33/O/N/25 © UCLES 2025 [Turn over … … … … … … … … … … … … … … … … … … … … … … … … [12] * 0000800000005 * , , Ĭ×ú¾Ġ´íÈõÏĪÅĊßú¸Ā× Ĭģ¼óÔğėößĂúċÑßĊéĂĂ ĥÕĕÕµµąõµÅµÅÅÕåĕĕÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 6
6 9609/33/O/N/25 © UCLES 2025 4 (a) Using Figure 1.1: (i) calculate the total float for activity C … … … … … … … … … [3] (ii) identify the minimum project duration. … [1] (b) Evaluate the importance of Critical Path Analysis (CPA) to the success of the hard rock mine. … … … … … … … … … … … … … … * 0000800000006 * , , ĬÙú¾Ġ´íÈõÏĪÅĊÞúµþ× Ĭģ»óÏĥïðçąċò±×īāòĂ ĥąµÕµĕąÕõåĕÅąÕąÕÅÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 7
7 9609/33/O/N/25 © UCLES 2025 [Turn over … … … … … … … … … … … … … … … … … … … … … … [12] * 0000800000007 * , , ĬÛú¾Ġ´íÈõÏĪÅĊÞüµþ× Ĭģ¼ô×ģóĀÒóö·ĥ߯āĂĂ ĥąÅĕõõĥµĥÕÅÅąµĥĕÕÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 8
8 9609/33/O/N/25 © UCLES 2025 5 Evaluate LBM’s decision to use two different approaches to HRM. … … … … … … … … … … … … … … … … … … … … … … … … … … … * 0000800000008 * , , ĬÙú¾Ġ´íÈõÏĪÅĊàúµĀ× Ĭģ¼ñ×ĩāĉåíí°ÇăčđúĂ ĥµĕĕµõĥĕąõµÅŵÅĕÅÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 9
9 9609/33/O/N/25 © UCLES 2025 … … … … … … … … … [12] * 0000800000009 * , , ĬÛú¾Ġ´íÈõÏĪÅĊàüµĀ× Ĭģ»òÏğýùÔċĄùēûÉđĊĂ ĥµĥÕõĕąõĕąĥÅÅÕåÕÕÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 10
10 9609/33/O/N/25 © UCLES 2025 BLANK PAGE * 0000800000010 * , , ĬÙú¾Ġ´íÈõÏĪÅĊÝú·þ× Ĭģ¹ñÎīĉďëööĖëāùéĂĂ ĥĥõÕµõÅĕåŵąÅĕÅĕõÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 11
11 9609/33/O/N/25 © UCLES 2025 BLANK PAGE * 0000800000011 * , , ĬÛú¾Ġ´íÈõÏĪÅĊÝü·þ× ĬģºòÖĝąğÎĄċÓïùÝéòĂ ĥĥąĕõĕåõµµĥąÅõåÕĥÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
Question paper, page 12
12 9609/33/O/N/25 © UCLES 2025 Permission to reproduce items where third-party owned material protected by copyright is included has been sought and cleared where possible. Every reasonable effort has been made by the publisher (UCLES) to trace copyright holders, but if any items requiring clearance have unwittingly been included, the publisher will be pleased to make amends at the earliest possible opportunity. To avoid the issue of disclosure of answer-related information to candidates, all copyright acknowledgements are reproduced online in the Cambridge Assessment International Education Copyright Acknowledgements Booklet. This is produced for each series of examinations and is freely available to download at www.cambridgeinternational.org after the live examination series. Cambridge Assessment International Education is part of Cambridge Assessment. Cambridge Assessment is the brand name of the University of Cambridge Local Examinations Syndicate (UCLES), which is a department of the University of Cambridge. BLANK PAGE * 0000800000012 * , , ĬÙú¾Ġ´íÈõÏĪÅĊßú·Ā× ĬģºóÖħ÷ĪéþĄÜÍÕÿ¹ĊĂ ĥÕÕĕµĕåÕÕĕĕąąõąÕõÕ DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DO NOT WRITE IN THIS MARGIN DFD
What you needed in this session
Cambridge’s own grade thresholds for 2025 Oct/Nov, Paper 3 · Variant 3. A higher threshold means an easier paper — the bar moves with how the cohort did.