Business GCSE
Value creation and profitability
What Value creation and profitability means in Business GCSE, as defined for AQA.
Definition of Value creation and profitability
Check what you remember
Read the wording for your board, then hide it and explain Value creation and profitability in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Creating value for both customer and firm, as customers gain goods or services that meet needs while the business builds demand, sales and repeat custom.
Topics that use Value creation and profitability
- Marketing (AQA GCSE)
Related terms
- Business objectives
- Coordination across business functions
- Functional plans
- Interdependence
- Responsiveness to market change
- Clear links throughout
- Customer focus
Using Value creation and profitability 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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