Business A-Level
Consultation cost and speed
What Consultation cost and speed means in Business A-Level, as defined for AQA.
Definition of Consultation cost and speed
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Reference: AQA
The trade-off of time and money, because full consultation slows the decision and leaks it to rivals, while skipping it invites strike action, a supplier refusing credit or a bank withdrawing a facility.
Topics that use Consultation cost and speed
- Understanding the role and importance of stakeholders (AQA A-Level)
Related terms
- Communication
- Competing stakeholder claims
- Consultation
- Decision specific mapping
- Distribution of profit
- Managing resistance to change
- Short run against long run alignment
- Stakeholder power and interest
Using Consultation cost and speed in the exam
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