AQA GCSE Business Unit 2

The act of buying or selling a product using an electronic system like the internet

Measures the difference between the values of a business revenue and its total costs

An approach to managing businesses in which the interest of all groups in society are taken into account when making decisions

Describes the state of key factors within a country such as the level of goods and services produced and the number of jobs available

The value of goods and services bought by consumers over a time period

The cost of borrowing money or the reward for saving money expressed as a percentage

Selling goods and services across national borders

How satisfied a consumer is with a product

When a business does not face any competition in a particular market

A group of workers who act together to improve their pay and working conditions