Business A-Level
cost savings
What cost savings means in Business A-Level, as defined for AQA.
Definition of cost savings
Check what you remember
Read the wording for your board, then hide it and explain cost savings in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A lower unit cost or a smaller wage bill, one of the routes through which digital technology earns a return.
Topics that use cost savings
- Assessing greater use of digital technology (AQA A-Level)
Related terms
Using cost savings in the exam
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