Expanding a business key terms

discuss

discuss is a curriculum-aligned term linked to the learning objective: Discuss advantages and disadvantages of business growth methods..

advantages

advantages means how methods of expansion is used by a business to make a commercial decision about Discuss advantages and disadvantages of business growth methods. 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.

organic growth

organic growth is a curriculum-aligned term linked to the learning objective: Explain organic growth through franchising, opening new stores and e-commerce expansion..

franchising

franchising means how methods of expansion is used by a business to make a commercial decision about organic growth through franchising, opening new stores and e-commerce expansion. 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.

takeovers

takeovers is a curriculum-aligned term linked to the learning objective: Explain outsourcing and external growth through mergers and takeovers..

outsourcing

outsourcing means how methods of expansion is used by a business to make a commercial decision about outsourcing and external growth through mergers and takeovers. 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.

economies of scale

economies of scale is a curriculum-aligned term linked to the learning objective: Explain how growth can create unit cost advantages through economies of scale..

Explain

Explain means how economies and diseconomies of scale is used by a business to make a commercial decision about how growth can create unit cost advantages through economies of scale. 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.

economies of scale

economies of scale is a curriculum-aligned term linked to the learning objective: Explain purchasing economies and technical economies of scale..

purchasing economies

purchasing economies means how economies and diseconomies of scale is used by a business to make a commercial decision about purchasing economies and technical economies of scale. 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.

economies of scale

economies of scale is a curriculum-aligned term linked to the learning objective: Explain how growth can create diseconomies of scale through communication problems, coordination issues and reduced staff motivation..

diseconomies of scale

diseconomies of scale means how economies and diseconomies of scale is used by a business to make a commercial decision about how growth can create diseconomies of scale through communication problems, coordination issues and reduced staff motivation. 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.

average unit cost

average unit cost is a curriculum-aligned term linked to the learning objective: Calculate and interpret average unit costs..

Calculate

Calculate means how economies and diseconomies of scale is used by a business to make a commercial decision about and interpret average unit 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.