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2.6.1 Impact of competition on businesses

What makes a place or platform a market?

A

Producers and regulators come together to set legal prices for every product.

B

Businesses and employees come together to discuss wages and working conditions.

C

Customers and advertisers come together to create promotional campaigns for a brand.

D

Buyers and sellers come together to trade a good or service.

2.6.1 Impact of competition on businesses Flashcards

  1. GCSE
  2. /Business
  3. /2.6.1 Impact of competition on businesses

Flashcards for AQA GCSE Business 2.6.1 Impact of competition on businesses, covering the key terms, formulae and case studies you need to recall for Paper 1 and Paper 2. 21 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.