resource commitment
What resource commitment means in Business A-Level, as defined for AQA.
Definition of resource commitment
Check what you remember
Read the wording for your board, then hide it and explain resource commitment in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
One of the four tests, where a commitment of significant money sits at one end and a low cost adjustment at the other.
Topics that use resource commitment
Related terms
- Ansoff's Matrix
- balanced scorecard
- conflicting objectives
- Corporate Objective
- corporate objectives
- diversification
- external environment
- Functional Coherence
Using resource commitment 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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