Edexcel igcse business - Study guides, Class notes & Summaries

EDEXCEL IGCSE Business Studies Glossary of terms for 2022 November series latest questions and answers

EDEXCEL IGCSE Business Studies Glossary of terms for 2022 November series latest questions and answers

Above-the-line promotion - Placing adverts using the media. Acid test ratio - Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - An intermediary that brings together buyers and sellers. Anti-competitive practices or restrictive trade practices - An attempt by firms to prevent...

Above-the-line promotion - Placing adverts using the media. Acid test ratio - Similar to the current ratio but excludes stocks from current assets. Sometimes called the quick ratio. Advertising - Communication between a business and its customers whereby messages are placed in the media to encourage the purchase of products. Agent or broker - An intermediary that brings together buyers and sellers. Anti-competitive practices or restrictive trade practices - An attempt by firms to prevent...

EDEXCEL- IGCSE Business Studies EXAM 2024/2025 UPDATED WITH CORRECT ANSWERS Quality assurance - CORRECT ANSWER A method of working for businesses that takes into account customers' wants when standardising quality. It often involves guaranteeing that quality standards are met. Quality control - CORRECT ANSWER Making sure that the quality of a product meets specified quality standards. Quota - CORRECT ANSWER A physical limit on the quantity of imports allowed into a country. Rati...

EDEXCEL IGCSE Business Studies Glossary of terms for 2022 November series latest questions and answers (2)

EDEXCEL IGCSE Business Studies Glossary of terms for 2022 November series latest questions and answers

Full Pearson Edexcel IGCSE Business syllabus checklist for revision.

All the key words for Pearson Edexcel Business IGCSE

Business Pearson Edexcel IGCSE notes on Ownership