Independence
What Independence means in Business GCSE, as defined for Pearson Edexcel.
Definitions of Independence
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 Independence in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The non-financial reward of being one's own boss and having autonomy over business decisions.
Being your own boss, relating to autonomy rather than the emotional reward of the work.
Topics that use Independence
- Business aims and objectives (Pearson Edexcel GCSE)
- Risk and reward (Pearson Edexcel GCSE)
Related terms
Using Independence 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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