Business GCSE
Making business decisions
What Making business decisions means in Business GCSE, as defined for Pearson Edexcel.
Definition of Making business decisions
Check what you remember
Read the wording for your board, then hide it and explain Making business decisions in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Choosing suppliers, setting prices, and determining marketing strategies.
Topics that use Making business decisions
- The role of business enterprise (Pearson Edexcel GCSE)
Related terms
- Added value
- Adding value
- Customer needs
- Entrepreneur
- Entrepreneurship
- Taking risks
- Branding
- Organising resources
Using Making business decisions 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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