Business A-Level
pressures for cost reduction
What pressures for cost reduction means in Business A-Level, as defined for AQA.
Definition of pressures for cost reduction
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Reference: AQA
Pushes towards one standardised product made in a few large plants, cutting unit cost through economies of scale and suiting commodity-like goods.
Topics that use pressures for cost reduction
- Assessing globalisation and internationalisation (AQA A-Level)
Related terms
- competitive rivalry
- contribution per unit
- cultural distance
- Economies of scale
- emerging economy
- exchange rate movements
- falling transport and communication costs
- franchising
Using pressures for cost reduction in the exam
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