Business and the external environment common mistakes

Common mistakes

• External influences on costs and demand common mistake 1

  Writing a final answer without showing the method that justifies it. This can weaken answers for: Explain how competition, market conditions, incomes, interest rates and demographic factors can influence business costs and demand..

  Fix itShow the method first, then give the final answer in the required form. Apply this directly to External influences on costs and demand.

• External influences on costs and demand common mistake 2

  Using the topic word correctly but not linking it to the numbers, diagram, graph, or expression in the question. This can weaken answers for: Explain how competition, market conditions, incomes, interest rates and demographic factors can influence business costs and demand..

  Fix itName the relevant value or feature from the question and explain how it is used. Apply this directly to External influences on costs and demand.

• External influences on costs and demand common mistake 3

  Mixing up two nearby concepts because they appear in the same subtopic. This can weaken answers for: Explain how competition, market conditions, incomes, interest rates and demographic factors can influence business costs and demand..

  Fix itState the exact concept being used before doing the calculation or explanation. Apply this directly to External influences on costs and demand.

• External influences on costs and demand common mistake 1

  Writing a final answer without showing the method that justifies it. This can weaken answers for: Analyse how environmental issues and fair trade expectations can affect business decisions and objectives..

  Fix itShow the method first, then give the final answer in the required form. Apply this directly to External influences on costs and demand.

• External influences on costs and demand common mistake 2

  Using the topic word correctly but not linking it to the numbers, diagram, graph, or expression in the question. This can weaken answers for: Analyse how environmental issues and fair trade expectations can affect business decisions and objectives..

  Fix itName the relevant value or feature from the question and explain how it is used. Apply this directly to External influences on costs and demand.

• External influences on costs and demand common mistake 3

  Mixing up two nearby concepts because they appear in the same subtopic. This can weaken answers for: Analyse how environmental issues and fair trade expectations can affect business decisions and objectives..

  Fix itState the exact concept being used before doing the calculation or explanation. Apply this directly to External influences on costs and demand.