Business A-Level
Extrapolation
What Extrapolation means in Business A-Level, as defined for AQA.
Definition of Extrapolation
Check what you remember
Read the wording for your board, then hide it and explain Extrapolation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A prediction built by assuming the past pattern continues, which is precisely the assumption an external shock destroys.
Topics that use Extrapolation
- Strategic decision making (A-level only) (AQA A-Level)
Related terms
- Automation and the cost structure
- Corporate social responsibility
- functional objectives
- gearing
- Investment appraisal of new technology
- opportunity cost
- Resistance and its cost to the business
- return on capital employed
Using Extrapolation in the exam
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