Business GCSE
Appreciation
What Appreciation means in Business GCSE, as defined for AQA.
Definition of Appreciation
Check what you remember
Read the wording for your board, then hide it and explain Appreciation in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A rise in the value of the pound, which makes imports cheaper for a UK business but makes its exports dearer abroad.
Topics that use Appreciation
- Globalisation (AQA GCSE)
Related terms
- Competition
- Competitive pressure
- Competitiveness
- Cost and benefit
- Customer needs
- Differentiation
- Exchange Rate
- External risk and opportunity
Using Appreciation 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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