Why can a business not choose the conditions it trades in?
Prices, profits, products and premises set the conditions a business trades in.
Customers, rivals, governments and technology set the conditions a business trades in.
Owners, banks, advertisers and distributors set the conditions a business trades in.
Managers, employees, suppliers and shareholders set the conditions a business trades in.
1.1.5 Dynamic nature of business Flashcards
Flashcards for AQA GCSE Business 1.1.5 Dynamic nature of business, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 20 cards, matched to the AQA GCSE Business (8132) specification. Recall questions account for roughly 35% of marks at GCSE Business, so these target the marks you can secure before the paper starts.