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Why businesses plan

Why businesses plan

Risk is the chance that a business decision loses money. For example, a new shop may buy stock that customers do not want, or sales may be much lower than expected.

1.4.4b The purpose of planning business activity Lesson

  1. GCSE
  2. /Business
  3. /1.4.4b The purpose of planning business activity

Step-by-step lessons on Edexcel GCSE Business 1.4.4b The purpose of planning business activity. 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.

Lessons