1
Q
Critical path
A
the activities that must be completed on time for the project to finish on time
2
Q
Float time
A
any spare time that arises between the completion of an activity and the starting time for the next
3
Q
Management by exception
A
the principle that because managers cannot supervise every activity within the organisiation, they should focus their energies on the most important issues
4
Q
Network
A
a diagram showing all activities needed to complete a project, the order in which they must be completed and the critical path
5
Q
Network analysis
A
breaking a project down into it component parts, to identify the sequence of activities involved
Business Edexcel A2
flashcards
Decks in class (24)
# Cards
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3.2.1 Growth, 3.2.3 Mergers and takeovers9
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3.1.1 Corporate objectives, 3.1.2 Theories of corporate strategy7
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3.2.2 Organic growth, 3.2.4 Reasons for staying small4
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3.1.3 SWOT analysis, 3.1.4 Impact of external influences5
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3.4.3 shareholders vs stakeholders, 3.4.4 business ethics9
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3.3.1 Quantitative sales3
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3.6.1 causes and effects of change, 3.6.2 key factors in change4
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3.3.2 Investment apprasial6
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3.6.3 Scenario planning, 4.1.1 growing economies4
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3.3.3 decision trees5
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4.1.2 international trade and business growth4
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3.3.4 Critical path analysis5
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4.1.3 Factors contributing to increased globalisation2
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3.4.1 Corporate influences, 3.4.2 corporate culture10
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4.1.4 Protectionism4
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3.5.1 Interpretation of financial statements, 3.5.2 Ratio analysis15
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4.1.5 Trading blocs, 4.4.1 The impact of the MNCs7
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3.5.3 Human resources, 4.2.1 Conditions that prompt trade5
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4.4.2 ethics1
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4.2.3 Assessing a country as a location, 4.2.4 reasons for global mergers or joint ventures5
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4.2.2 Controlling MNCs1
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4.2.2 assessment of a country as a market2
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4.3.1 Marketing3
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4.3.2 Niche markets, 4.2.5 global competitiveness, 4.3.3 cultural/social factors7
