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AQA GCSE Business

GCSE · AQABusiness Studies593 cards

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Flashcards for AQA GCSE Business (8132), split into the specification's six subject-content sections in its own order, each naming which paper or papers examine it. Covers definitions, each advantage and disadvantage the specification asks for, and the calculations from its quantitative-skills appendix, including gross and net profit margin, average rate of return and average unit cost.

Adding it gives you your own copy, with every subdeck below. Each card then comes back just before you would forget it, and every one you get right or wrong counts towards your mastery of its topic. You can delete or suspend the parts you are not studying once it is yours.

What is inside (39 subdecks)

  • 3.1 Business in the real world (Paper 1 and Paper 2)162 cards
    • 3.1.1 The purpose and nature of businesses42 cards
    • 3.1.2 Business ownership29 cards
    • 3.1.3 Setting business aims and objectives23 cards
    • 3.1.4 Stakeholders13 cards
    • 3.1.5 Business location8 cards
    • 3.1.6 Business planning16 cards
    • 3.1.7 Expanding a business31 cards
  • 3.2 Influences on business (Paper 1 and Paper 2)70 cards
    • 3.2.1 Technology9 cards
    • 3.2.2 Ethical and environmental considerations14 cards
    • 3.2.3 The economic climate8 cards
    • 3.2.4 Globalisation11 cards
    • 3.2.5 Legislation15 cards
    • 3.2.6 Competitive environment13 cards
  • 3.3 Business operations (Paper 1 only)58 cards
    • 3.3.1 Production processes17 cards
    • 3.3.2 The role of procurement20 cards
    • 3.3.3 The concept of quality12 cards
    • 3.3.4 Good customer service9 cards
  • 3.4 Human resources (Paper 1 only)81 cards
    • 3.4.1 Organisational structures26 cards
    • 3.4.2 Recruitment and selection27 cards
    • 3.4.3 Motivating employees14 cards
    • 3.4.4 Training14 cards
  • 3.5 Marketing (Paper 2 only)123 cards
    • 3.5.1 Identifying and understanding customers6 cards
    • 3.5.2 Segmentation8 cards
    • 3.5.3 Market research22 cards
    • 3.5.4 The marketing mix: price, product, promotion and place (4Ps)87 cards
      • Place and e-commerce17 cards
      • Price19 cards
      • Product37 cards
      • Promotion14 cards
  • 3.6 Finance (Paper 2 only)99 cards
    • 3.6.1 Sources of finance31 cards
    • 3.6.2 Cash flow22 cards
    • 3.6.3 Financial terms and calculations19 cards
    • 3.6.4 Analysing the financial performance of a business27 cards

Some of its cards

  • Why does a business need to recruit?
    To fill a vacancy caused by a business growing, an employee leaving or a new role being created
  • Business aim
    A long-term goal a business is working towards
  • A place, or means, by which buyers and sellers of a particular good or service come together
    Market (in business)
  • A business acting in ways its stakeholders consider fair and honest
    Ethical behaviour (in business)
  • How can a rise in interest rates affect a business that relies on an overdraft or loan?
    It increases the cost of that borrowing, reducing the business's profit
  • A business owned and run by one person, who keeps all the profit and bears all the risk
    Sole trader
  • A measure of the average annual profit an investment produces, as a percentage of what it cost
    Average rate of return (ARR)
  • Give a reason it is important for a business to identify and satisfy customer needs.
    It helps the business provide a product or service customers will actually buy
  • Organic growth
    Growth a business achieves using its own resources, such as opening new stores or selling through e-commerce
  • Give a reason businesses carry out market research.
    To identify market opportunities and get a better insight into their customers and competitors

And 583 more once you add the deck.