Business A-Level
reversibility and risk
What reversibility and risk means in Business A-Level, as defined for AQA.
Definition of reversibility and risk
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Reference: AQA
One of the four tests, where a decision expensive to reverse carries risk because getting it wrong can end a business, while a reversible one is corrected cheaply.
Topics that use reversibility and risk
Related terms
- Ansoff's Matrix
- balanced scorecard
- conflicting objectives
- Corporate Objective
- corporate objectives
- diversification
- external environment
- Functional Coherence
Using reversibility and risk in the exam
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