Business A-Level
cost against benefit
What cost against benefit means in Business A-Level, as defined for AQA.
Definition of cost against benefit
Check what you remember
Read the wording for your board, then hide it and explain cost against benefit in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The cash available matters, because a scheme that adds to the wage bill in a low margin firm can cost more than it returns.
Topics that use cost against benefit
Related terms
- attribution and time lag
- fitness for the task
- labour productivity
- labour turnover and absence
- measuring effectiveness
- piece rate
- commission
- discretionary effort
Using cost against benefit in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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