AQA GCSE Business · 8132
Paper 1, Paper 2
Revise: Purpose and Foundations of Business ActivityThere are four: land, labour, capital and enterprise. They work together rather than in isolation.
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GCSE Business · key term
The human-made resources used in production, such as machinery, tools and equipment.
Used by AQA and OCR
Paper 1, Paper 2
Revise: Purpose and Foundations of Business ActivityThere are four: land, labour, capital and enterprise. They work together rather than in isolation.
Paper 1
Money invested in a business to help it start or expand.
Revise: Suitability of Ownership TypesA partnership allows two or more owners to contribute capital and share responsibilities. This can suit a start-up that needs more money or a wider range of skills than one person can provide. The trade-off is shared decision-making and profits.
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