Business A-Level
margin and volume
What margin and volume means in Business A-Level, as defined for AQA.
Definition of margin and volume
Check what you remember
Read the wording for your board, then hide it and explain margin and volume in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Being the low cost producer turns volume into margin and leaves room to cut price in a downturn without going into loss.
Topics that use margin and volume
- Strategic positioning: choosing how to compete (AQA A-Level)
Related terms
- competitive advantage
- cost leadership
- differentiation
- erosion of advantage
- focus strategy
- imitation and entry
- market structure
- niche defensibility
Using margin and volume 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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