competitive pressure
What competitive pressure means in Business A-Level, as defined for AQA.
Definition of competitive pressure
Check what you remember
Read the wording for your board, then hide it and explain competitive pressure in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Pressure from rivalry, buyer power, the threat of substitutes, new entrants or supplier power, located using Porter's five forces.
Topics that use competitive pressure
- Assessing innovation (AQA A-Level)
Related terms
- average rate of return
- benchmarking
- capacity and quality
- funding and cash flow
- intrapreneurship
- Kaizen
- managing resistance
- net present value
Using competitive pressure in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge