Functional planning
What Functional planning means in Business GCSE, as defined for AQA.
Definition of Functional planning
Check what you remember
Read the wording for your board, then hide it and explain Functional planning in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Splitting a business objective into functional plans, each containing targets, actions, timescales and resources that link to the others.
Topics that use Functional planning
- Human resources (AQA GCSE)
Related terms
- Average Rate of Return (ARR)
- Business objectives
- Interdependence of business functions
- Margin of safety
- Net cash flow
- Retained profit
- Statement of financial position
- Venture Capital
Using Functional planning 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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