Business GCSE
Cost and time implications
What Cost and time implications means in Business GCSE, as defined for AQA.
Definition of Cost and time implications
Check what you remember
Read the wording for your board, then hide it and explain Cost and time implications in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Internal recruitment is cheaper and faster but limits new ideas, while external recruitment brings fresh talent but costs more and takes longer.
Topics that use Cost and time implications
- Recruitment and selection of employees (AQA GCSE)
Related terms
- Contract of employment
- Cost and efficiency
- Cost control
- External recruitment
- Flexibility for employer and employee
- Hours worked
- Internal recruitment
- Internal vs external recruitment
Using Cost and time implications 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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