tradeoff

Definition

The cruel reality that you can't have everything—gaining one thing means losing another, much like how financial stability means fewer spontaneous trips to Bali. In economics and business, it's the sacrifice made when choosing between two desirable but mutually exclusive options. Every decision involves tradeoffs, which is why MBAs spend years learning to justify whichever choice makes the spreadsheet look better.

Example Usage

The company faced a tradeoff between quality and cost, and predictably chose the option that maximized executive bonuses.

Source: Economics and business terminology

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authorisation

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💼 Corporate / Business

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