Business GCSE
Business costs
What Business costs means in Business GCSE, as defined for AQA.
Definitions of Business costs
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Business costs in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Include buying greener machinery, retraining staff, slower or dearer sourcing and higher prices that may deter some buyers.
Complying can raise costs, for example refunds, replacements, staff training and better quality control.
Topics that use Business costs
- Ethical and environmental considerations (AQA GCSE)
- Legislation (AQA GCSE)
Related terms
- Business benefits
- Business costs and pricing
- Business ethics and reputation
- Business response
- Consequences of failure
- Cost and revenue consequences
- Cost control
- Cost control and productivity
Using Business costs 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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