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GCSE Business · key term
The number of products a business sells over a period.
Used by AQA and OCR
Paper 1, Paper 2
Revise: Exchange RatesAlternatively, it could pass some savings on to customers through lower prices. This may make its products more competitive and increase sales volume, the number of products sold. Whether total profit rises depends on how much prices fall and how many extra products are sold.
The number or quantity of products sold over a given period.
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The number of units a business sells over a given period.
Paper 1
The number of items sold over a particular period.
Revise: Interpretation of Market DataAlso distinguish sales volume, the number of items sold, from sales revenue, the money received from sales. Revenue can rise because prices have increased, even if customers buy no more items. A business should therefore examine what lies behind a change before deciding to increase production or order more stock.