What is 'meant by' or 'give':
Requires a definition or
examples.
Calculate:
This requires calculation comprising at
least four stages.
For example, locating the data,
identifying the formula, using the data in the formula and making the
calculation.
Explain:
Requires a definition, a
reference to how the business in the question is influenced by this factor and
some analysis.
Also, interpretation of
graphs.
Assess:
Requires a definition, an
answer in the context of the business in the question and analysis. (This
means, as a consequence of this, another argument may be, the importance of
this is…..) Finally, you must make a judgement in relation to the question.
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