Business GCSE
Trade-off
What Trade-off means in Business GCSE, as defined for AQA, OCR.
Definitions of Trade-off
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
Read the wording for your board, then hide it and explain Trade-off in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A situation arising when a sustainability measure raises costs or lowers revenue, reducing short-term profit.
A situation where having more of one thing means having less of another.
Topics that use Trade-off
- Ethical and environmental considerations (AQA GCSE)
- Ethical and environmental considerations (OCR GCSE)
Related terms
- Fairtrade
- Sustainability
- Business benefits
- Business costs
- Business ethics and reputation
- Business response
- Cost and revenue consequences
- Cost control
Using Trade-off in the exam
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