Business costs and benefits
What Business costs and benefits means in Business GCSE, as defined for AQA.
Definition of Business costs and benefits
Check what you remember
Read the wording for your board, then hide it and explain Business costs and benefits in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Training, extra staff and support systems use resources and may reduce short-term profit, so the expense of training or the difficulty of maintaining consistent service must be considered.
Topics that use Business costs and benefits
- Good customer services (AQA GCSE)
Related terms
- Brand reputation and repeat custom
- Business reputation
- Communication and feedback
- Communication channels
- Complaint handling
- Convenience and extended availability for customers
- Corrective action
- Cost control
Using Business costs and benefits 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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