Business GCSE
Sales, costs and profit
What Sales, costs and profit means in Business GCSE, as defined for AQA.
Definition of Sales, costs and profit
Check what you remember
Read the wording for your board, then hide it and explain Sales, costs and profit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Sales and profit behave differently at each stage, for example profit may be negative at introduction because of high launch costs.
Topics that use Sales, costs and profit
Related terms
- Access to customers
- Adaptation and reaction
- Adaptation to change
- Advertising
- Balancing
- Batch Production
- Brand awareness
- Brand awareness and image
Using Sales, costs and profit 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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