Business A-Level
external trading conditions
What external trading conditions means in Business A-Level, as defined for AQA.
Definition of external trading conditions
Check what you remember
Read the wording for your board, then hide it and explain external trading conditions in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A recession, a price war or a rise in interest rates can undo a plan that was sound when it was written.
Topics that use external trading conditions
Related terms
- cash flow versus profit
- constraints on small firms
- credit control
- debt factoring
- margins and return on capital employed
- price elasticity of demand
- profit versus profitability
- supplier bargaining power
Using external trading conditions 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.
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