Business GCSE

Cost-plus

What Cost-plus means in Business GCSE, as defined for AQA.

Definition of Cost-plus

Check what you remember

Read the wording for your board, then hide it and explain Cost-plus in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

Reference: AQA

Setting price by calculating unit cost and adding a mark-up for profit.

AQA · The elements of the marketing mix: price, product, promotion and place (4Ps) (study guide)

Topics that use Cost-plus

The elements of the marketing mix: price, product, promotion and place (4Ps) (AQA GCSE)

Related terms

Using Cost-plus 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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All Business GCSE terms