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1.1.5 Dynamic nature of business

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Why can a business not choose the conditions it trades in?

A

Prices, profits, products and premises set the conditions a business trades in.

B

Customers, rivals, governments and technology set the conditions a business trades in.

C

Owners, banks, advertisers and distributors set the conditions a business trades in.

D

Managers, employees, suppliers and shareholders set the conditions a business trades in.

Card 1 of 20

1.1.5 Dynamic nature of business Flashcards

  1. GCSE
  2. /Business
  3. /1.1.5 Dynamic nature of business

20 flashcards on AQA GCSE Business 1.1.5 Dynamic nature of business: the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2.

Flashcards