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