Price and non-price competition
What Price and non-price competition means in Business GCSE, as defined for AQA.
Definition of Price and non-price competition
Check what you remember
Read the wording for your board, then hide it and explain Price and non-price competition in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Price competition can reduce prices and profit margins, while non-price competition includes quality, branding, convenience, customer service and product range.
Topics that use Price and non-price competition
- Competitive environment (AQA GCSE)
Related terms
- Business response
- Competition
- Competitive pressure
- Entrepreneurial motives and rewards
- Impact of competition on pricing and profitability
- Market
- Reward
- Risk
Using Price and non-price competition 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.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
A week of Premium from your first lesson · Then the free plan continues · No card, no charge