Business impact
What Business impact means in Business GCSE, as defined for AQA.
Definition of Business impact
Check what you remember
Read the wording for your board, then hide it and explain Business impact in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The positive or negative effect on a business, affecting sales volume, revenue, profit margin, cash flow and competitiveness.
Topics that use Business impact
Related terms
- Access to customers
- Adaptation and reaction
- Adaptation to change
- Advertising
- Balancing
- Batch Production
- Brand awareness
- Brand awareness and image
Using Business impact 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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