Business GCSE
Cost and efficiency
What Cost and efficiency means in Business GCSE, as defined for AQA.
Definition of Cost and efficiency
Check what you remember
Read the wording for your board, then hide it and explain Cost and efficiency in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Lower advertising cost and faster induction are benefits of internal recruitment, while higher cost and longer induction are drawbacks of external recruitment.
Topics that use Cost and efficiency
- Recruitment and selection of employees (AQA GCSE)
Related terms
- Contract of employment
- Cost and time implications
- Cost control
- External recruitment
- Flexibility for employer and employee
- Hours worked
- Internal recruitment
- Internal vs external recruitment
Using Cost and efficiency 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.
Practise Business questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Business GCSE termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge