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
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
