1
Q
What is added value?
A
The difference between the cost of production and the selling price?
Business Studies
flashcards
Decks in class (62)
# Cards
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Leadership styles7
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Motivation strategies6
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Key Terms16
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Generic/Corporate Strategies6
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Stakeholder/Shareholder - Short/long terminism5
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Inventory and stock control6
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Quality management4
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Boston Matrix5
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Design mix3
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Sources of finance4
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Organisational Design/Structure8
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Product lifecycle6
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Pricing strategies7
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Elasticity of demand7
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Distribution strategies3
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Marketing strategies23
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Recruitment and training2
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Product maximisation and satisificing2
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Business Objectives2
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Forms of Business5
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Liability and Finance2
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Calculations/Formulas40
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Business Failure4
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Production methods8
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Interest and inflation rates3
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Exchange Rates2
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Government and the Economy1
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Business Legislation4
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Employee Legislation4
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Competition3
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Corporate objectives3
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Choosing a strategy2
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Growth19
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Creditors VS Debitors2
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Types Of Ratios11
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Global Marketing7
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Capital Employed1
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Absenteeism3
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Main Financial Incentives1
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Managing Change9
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Franchising6
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Marketing Mix17
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Productivity3
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Sales Forecasting14
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Cash flow forecasting/working capital6
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Distinct capabilities1
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Added value1
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Controlling MNC's3
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Scenario/contingency planning5
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Culture5
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Offshore/outsourcing5
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Trading blocs5
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Protectionism10
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Entrepreneur's7
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Forms of business2
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Direct and Indirect competition2
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Mass vs Niche marketing7
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Risk vs Uncertainty6
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Market mapping4
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Marketing formulas4
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Supply and Demand2
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Stages of the business cycle4
