cost against conscience
What cost against conscience means in Business A-Level, as defined for AQA.
Definition of cost against conscience
Check what you remember
Read the wording for your board, then hide it and explain cost against conscience in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Behaving ethically is usually a clear short term cost set against an uncertain long term gain, so the rise in unit cost is set against savings and the value of the brand protected.
Topics that use cost against conscience
- Operational management (AQA A-Level)
Related terms
- application to a named business
- capacity and flexibility
- competitive rivalry
- conflicting functional objectives
- cost leadership
- demand volatility and seasonality
- differentiation
- durable competitive advantage
Using cost against conscience in the exam
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