AQA GCSE Business · 8132
Paper 1, Paper 2
- Revise: Setting Aims and Objectives
An increase in the size of a business, often shown by rising sales or expansion into additional markets.
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GCSE Business · key term
An increase in the size of a business, which may be shown by higher sales, more outlets or more employees.
Used by AQA, Edexcel and OCR
Paper 1, Paper 2
An increase in the size of a business, often shown by rising sales or expansion into additional markets.
Specification 2.1.1, 2.1.2 · Paper 2
An increase in the size of a business, which may be measured using sales, market share or the number of outlets.
Revise: Internal and External Business GrowthBusiness growth means an increase in the size of a business. A retailer might measure this through its sales or number of shops; another business might focus on its market share. Growth can help a business reach more customers and increase profit, although higher sales do not guarantee higher profit if costs also rise sharply.
Paper 1
An increase in the size of a business, for example through higher sales or more outlets.
An increase in the size or scale of a business’s activities.
An expansion in the scale of a business’s operations, which may increase the number of employees it needs.
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