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Unit One AQA Business A Level Notes £9.09
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  7. Unit 1 What is Business? (7131.7132)

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Unit One AQA Business A Level Notes

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Unit One AQA Business A Level Notes Presentation of 28 Slides This is for unit one of the A Level Specification. The focus of this presentation looks at the aims and objectives of a business and the various type of businesses that are covered under the specification. It includes the specif...

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  • September 23, 2023
  • 28
  • 2023/2024
  • Lecture notes
  • Elicia maxwell
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UNIT ONE
AQA BUSINESS A LEVEL NOTES

,
, DEFINITIONS
Profit: Financial benefit for a company after calculating the income generated from the expenses.
Calculated as revenue - expenses.
Business Growth: The increase in a company's size, revenue, market share and profitability.
Business Survival: The actions to keep a business operating for a certain period of time. Shown through
the business cutting costs and tightening profit margins.
Cash Flow: Net balance of inflows and outflows of a business. Cash Flow financial statement calculated
as income - expenses
- INCOME = Gifts, Sales and Salary
- EXPENSES = Salary, Utility and Rent
Social and Ethical Considerations: Business catering their service or product to a specific
demographic group. These include but are not limited to
- Gender
- Dietary Requirements
- Religious Grounds

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