Quantitative skills in business key terms

percentages

percentages is a curriculum-aligned term linked to the learning objective: Calculate percentages and percentage changes in business contexts..

percentage change

percentage change in Calculation requirements means using the idea when BrightBake, a price-sensitive families business considering choosing a bank loan with labour productivity of ?6,404 and expected sales of 264 units. For AQA GCSE Business, apply it to Calculate percentages and percentage changes in business contexts by naming the commercial issue, using evidence such as ?9,304, 16%, or 264 units, and explaining the effect on shareholders. Keep it separate from market segment versus target market so the definition supports evaluation rather than becoming a generic phrase.

averages

averages is a curriculum-aligned term linked to the learning objective: Calculate averages in business contexts..

Calculate

Calculate in Calculation requirements means using the idea when LocalLoop, a school-leaver customers business considering raising prices with average transaction value of ?3,571 and expected sales of 191 units. For AQA GCSE Business, apply it to Calculate averages in business contexts by naming the commercial issue, using evidence such as ?6,471, 21%, or 191 units, and explaining the effect on suppliers. Keep it separate from margin versus markup so the definition supports evaluation rather than becoming a generic phrase.

revenue

revenue is a curriculum-aligned term linked to the learning objective: Calculate revenue, costs and profit..

costs

costs in Calculation requirements means using the idea when Harbour Hire, a independent retailers business considering launching a new product line with gross profit margin of ?9,416 and expected sales of 236 units. For AQA GCSE Business, apply it to Calculate revenue, costs and profit by naming the commercial issue, using evidence such as ?12,316, 16%, or 236 units, and explaining the effect on marketing manager. Keep it separate from cash flow versus profit so the definition supports evaluation rather than becoming a generic phrase.

profit

profit is a curriculum-aligned term linked to the learning objective: Calculate gross profit margin and net profit margin ratios..

gross profit margin

gross profit margin in Calculation requirements means using the idea when Harbour Hire, a independent retailers business considering launching a new product line with gross profit margin of ?3,093 and expected sales of 593 units. For AQA GCSE Business, apply it to Calculate gross profit margin and net profit margin ratios by naming the commercial issue, using evidence such as ?5,993, 24%, or 593 units, and explaining the effect on local community. Keep it separate from efficiency versus productivity so the definition supports evaluation rather than becoming a generic phrase.

average rate of return

average rate of return is a curriculum-aligned term linked to the learning objective: Calculate average rate of return..

Calculate

Calculate in Calculation requirements means using the idea when PeakPods, a repeat business clients business considering changing supplier with net profit margin of ?8,585 and expected sales of 265 units. For AQA GCSE Business, apply it to Calculate average rate of return by naming the commercial issue, using evidence such as ?11,485, 44%, or 265 units, and explaining the effect on operations manager. Keep it separate from revenue versus profit so the definition supports evaluation rather than becoming a generic phrase.

revenue

revenue is a curriculum-aligned term linked to the learning objective: Calculate cash flow forecast figures, including total costs, total revenue and net cash flow..

costs

costs in Calculation requirements means using the idea when BrightBake, a price-sensitive families business considering choosing a bank loan with labour productivity of ?6,051 and expected sales of 371 units. For AQA GCSE Business, apply it to Calculate cash flow forecast figures, including total costs, total revenue and net cash flow by naming the commercial issue, using evidence such as ?8,951, 26%, or 371 units, and explaining the effect on suppliers. Keep it separate from margin versus markup so the definition supports evaluation rather than becoming a generic phrase.

graphs

graphs is a curriculum-aligned term linked to the learning objective: Interpret and use information from graphs and charts in business contexts..

charts

charts in Interpretation requirements means using the idea when BeanBarn, a online shoppers business considering opening a second outlet with break-even output of ?6,139 and expected sales of 699 units. For AQA GCSE Business, apply it to Interpret and use information from graphs and charts in business contexts by naming the commercial issue, using evidence such as ?9,039, 10%, or 699 units, and explaining the effect on employees. Keep it separate from stakeholder needs versus shareholder returns so the definition supports evaluation rather than becoming a generic phrase.

profitability ratios

profitability ratios is a curriculum-aligned term linked to the learning objective: Interpret profitability ratios, including gross profit margin and net profit margin..

Interpret

Interpret in Interpretation requirements means using the idea when Urban Stitch, a online shoppers business considering opening a second outlet with break-even output of ?6,821 and expected sales of 701 units. For AQA GCSE Business, apply it to Interpret profitability ratios, including gross profit margin and net profit margin by naming the commercial issue, using evidence such as ?9,721, 20%, or 701 units, and explaining the effect on suppliers. Keep it separate from margin versus markup so the definition supports evaluation rather than becoming a generic phrase.

financial data

financial data is a curriculum-aligned term linked to the learning objective: Interpret financial data, including profit and loss, average rate of return and cash flow forecasts..

Interpret

Interpret in Interpretation requirements means using the idea when SolarSprout, a premium buyers business considering expanding online with customer retention of ?7,857 and expected sales of 417 units. For AQA GCSE Business, apply it to Interpret financial data, including profit and loss, average rate of return and cash flow forecasts by naming the commercial issue, using evidence such as ?10,757, 17%, or 417 units, and explaining the effect on finance manager. Keep it separate from fixed costs versus variable costs so the definition supports evaluation rather than becoming a generic phrase.

marketing data

marketing data is a curriculum-aligned term linked to the learning objective: Interpret marketing data, including market research data..

Interpret

Interpret in Interpretation requirements means using the idea when BeanBarn, a online shoppers business considering opening a second outlet with break-even output of ?6,288 and expected sales of 548 units. For AQA GCSE Business, apply it to Interpret marketing data, including market research data by naming the commercial issue, using evidence such as ?9,188, 28%, or 548 units, and explaining the effect on owner. Keep it separate from internal finance versus external finance so the definition supports evaluation rather than becoming a generic phrase.

market share

market share is a curriculum-aligned term linked to the learning objective: Interpret market data, including market share and changes in costs and prices..

costs

costs in Interpretation requirements means using the idea when SolarSprout, a premium buyers business considering expanding online with customer retention of ?8,796 and expected sales of 516 units. For AQA GCSE Business, apply it to Interpret market data, including market share and changes in costs and prices by naming the commercial issue, using evidence such as ?11,696, 17%, or 516 units, and explaining the effect on marketing manager. Keep it separate from cash flow versus profit so the definition supports evaluation rather than becoming a generic phrase.

quantitative

quantitative is a curriculum-aligned term linked to the learning objective: Use quantitative data to support, inform and justify business decisions..

data

data in Interpretation requirements means using the idea when RiverRun Catering, a commuter households business considering using retained profit with capacity utilisation of ?7,188 and expected sales of 768 units. For AQA GCSE Business, apply it to Use quantitative data to support, inform and justify business decisions by naming the commercial issue, using evidence such as ?10,088, 32%, or 768 units, and explaining the effect on owner. Keep it separate from internal finance versus external finance so the definition supports evaluation rather than becoming a generic phrase.