Business GCSE
Working capital
What Working capital means in Business GCSE, as defined for AQA.
Definition of Working capital
Check what you remember
Read the wording for your board, then hide it and explain Working capital in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Money that JIT frees by reducing the amount tied up in stock.
Topics that use Working capital
- Production processes (AQA GCSE)
Related terms
- Appropriateness
- Batch Production
- Buffer stock
- Competitiveness
- Continuous improvement
- Customisation versus standardisation
- Efficiency
- Flow Production
Using Working capital 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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