Two different measures
Two different measures
Profit measures business performance over a period, such as a month or a year. It is calculated using:
Step-by-step lessons on Edexcel GCSE Business 1.3.3b The difference between cash and profit. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.