Study resource

Business planning key terms

Use these key terms for Business planning in AQA Business 8132. The page is built from approved learning objectives for this topic and links back to the wider unit, topic hub, and related revision assets.

At a glance

key terms

Resource type

Topic

Business planning

AQAGCSEBusinessBusiness in the real world

Key terms

  • functions

    functions is a curriculum-aligned term linked to the learning objective: Explain why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions..

  • finance

    finance means how purpose and sections of business planning is used by a business to make a commercial decision about why businesses create plans, including setting up a new business, raising finance, setting objectives and organising business functions. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • business plan

    business plan is a curriculum-aligned term linked to the learning objective: Identify the main sections of a business plan..

  • Identify

    Identify means how purpose and sections of business planning is used by a business to make a commercial decision about Identify the main sections of a business plan. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • business plan

    business plan is a curriculum-aligned term linked to the learning objective: Analyse the benefits and drawbacks of business planning..

  • Analyse

    Analyse means how purpose and sections of business planning is used by a business to make a commercial decision about the benefits and drawbacks of business planning. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • variable costs

    variable costs is a curriculum-aligned term linked to the learning objective: Distinguish variable costs, fixed costs and total costs..

  • fixed costs

    fixed costs means how basic financial terms is used by a business to make a commercial decision about Distinguish variable costs, fixed costs and total costs. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

  • revenue

    revenue is a curriculum-aligned term linked to the learning objective: Explain revenue, costs, profit and loss in a business planning context..

  • profit

    profit means how basic financial terms is used by a business to make a commercial decision about revenue, costs, profit and loss in a business planning context. In an AQA GCSE Business answer, link it to evidence such as cost, revenue, cash-flow pressure, customer needs, or stakeholder impact rather than giving a stand-alone definition.

Business planning key terms | AQA Business | ExamCompanion