Pearson Edexcel International GCSE (9-1)
Business - 1 - Business activity and influences
on business |Certified Exam Q&A 2026 | 2027
(Latest Update Rated A)
Terms in this set (58)
Are linked to money. Their goal is to either Financial aims and
make sure the business can afford to keep objectives
running or help it to make a profit.
Is a very common objective for a small Survival
business. Business survival refers to
keeping the business operating for a
certain amount of time. Most businesses
initially aim to survive their first year.
Refers to any money left over after all costs Profit
have been taken away from any revenue
made by a business. Businesses usually
aim to make a profit within the first two
years.
1
, Refer to an amount of a product or service Sales
sold by a business. A business will set a
target for how much it wants to sell each
month and year. This gives the business a
target to aim for and a purpose to what its
employees do each day.
Refers to the percentage of the market Market share
that a business occupies. The market is the
industry that a business operates in, for
example the fast food industry. An
example of an objective for market share
might be 'to have 5% share of the fast food
market within a 100-mile radius in the first
12 months'.
Relates to a business being able to afford Financial
to pay off all its costs and have enough security
cash left to survive. It also relates to an
entrepreneur achieving a level of income
that will allow them to keep the business
operating.
Are linked to anything other thanNon- financial aims and objectives
making money for the business. These are usually linked to personal reasons
behind an entrepreneur setting up a business.
2
Business - 1 - Business activity and influences
on business |Certified Exam Q&A 2026 | 2027
(Latest Update Rated A)
Terms in this set (58)
Are linked to money. Their goal is to either Financial aims and
make sure the business can afford to keep objectives
running or help it to make a profit.
Is a very common objective for a small Survival
business. Business survival refers to
keeping the business operating for a
certain amount of time. Most businesses
initially aim to survive their first year.
Refers to any money left over after all costs Profit
have been taken away from any revenue
made by a business. Businesses usually
aim to make a profit within the first two
years.
1
, Refer to an amount of a product or service Sales
sold by a business. A business will set a
target for how much it wants to sell each
month and year. This gives the business a
target to aim for and a purpose to what its
employees do each day.
Refers to the percentage of the market Market share
that a business occupies. The market is the
industry that a business operates in, for
example the fast food industry. An
example of an objective for market share
might be 'to have 5% share of the fast food
market within a 100-mile radius in the first
12 months'.
Relates to a business being able to afford Financial
to pay off all its costs and have enough security
cash left to survive. It also relates to an
entrepreneur achieving a level of income
that will allow them to keep the business
operating.
Are linked to anything other thanNon- financial aims and objectives
making money for the business. These are usually linked to personal reasons
behind an entrepreneur setting up a business.
2
