The purpose and nature of businesses key terms

business

business is a curriculum-aligned term linked to the learning objective: Explain what a business is and why businesses may start, including producing goods, supplying services, distributing products, fulfilling opportunities and benefiting others..

goods

goods means how business purpose, goods and services is used by a business to make a commercial decision about what a business is and why businesses may start, including producing goods, supplying services, distributing products, fulfilling opportunities and benefiting others. 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.

services

services is a curriculum-aligned term linked to the learning objective: Distinguish goods from services and needs from wants in business contexts..

business

business means how business purpose, goods and services is used by a business to make a commercial decision about Distinguish goods from services and needs from wants in business contexts. 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

business is a curriculum-aligned term linked to the learning objective: Define opportunity cost and apply it to business choices..

opportunity cost

opportunity cost means how business purpose, goods and services is used by a business to make a commercial decision about Define opportunity cost and apply it to business choices. 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.

land

land is a curriculum-aligned term linked to the learning objective: Explain the four factors of production: land, labour, capital and enterprise..

labour

labour means how factors of production and business sectors is used by a business to make a commercial decision about the four factors of production: land, labour, capital and enterprise. 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.

secondary

secondary is a curriculum-aligned term linked to the learning objective: Define the primary, secondary and tertiary sectors..

primary

primary means how factors of production and business sectors is used by a business to make a commercial decision about Define the primary, secondary and tertiary sectors. 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.

give

give is a curriculum-aligned term linked to the learning objective: Give business examples that operate in each sector..

business

business means how factors of production and business sectors is used by a business to make a commercial decision about Give business examples that operate in each sector. 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.

enterprise

enterprise is a curriculum-aligned term linked to the learning objective: Explain the meaning of enterprise and entrepreneur..

entrepreneur

entrepreneur means how enterprise and entrepreneurship is used by a business to make a commercial decision about the meaning of enterprise and entrepreneur. 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.

entrepreneur

entrepreneur is a curriculum-aligned term linked to the learning objective: Outline entrepreneur characteristics such as hard work, innovation, organisation and willingness to take risks..

risk

risk means how enterprise and entrepreneurship is used by a business to make a commercial decision about Outline entrepreneur characteristics such as hard work, innovation, organisation and willingness to take risks. 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.

entrepreneur

entrepreneur is a curriculum-aligned term linked to the learning objective: Outline entrepreneur objectives including independence, flexible working, pursuing interests, earning more money, identifying a market gap and dissatisfaction with employment..

Outline

Outline means how enterprise and entrepreneurship is used by a business to make a commercial decision about Outline entrepreneur objectives including independence, flexible working, pursuing interests, earning more money, identifying a market gap and dissatisfaction with employment. 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

business is a curriculum-aligned term linked to the learning objective: Explain why the business environment changes over time..

environment

environment means how dynamic nature of business is used by a business to make a commercial decision about why the business environment changes over time. 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.

environmental expectations

environmental expectations is a curriculum-aligned term linked to the learning objective: Explain how technology, the economic situation, legislation and environmental expectations can affect business activity..

technology

technology means how dynamic nature of business is used by a business to make a commercial decision about how technology, the economic situation, legislation and environmental expectations can affect business activity. 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.