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11 Business Management

This class was created by Brainscape user Annabelle Hwang. Visit their profile to learn more about the creator.

By: Annabelle Hwang
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Decks in this class (17)

1.1 What is a Business?
Define the term business,
Goods,
Services
26  cards
1.2 Types of Business Entities
Private sector,
Public sector,
Privatisation
25  cards
1.3 Organisational Objectives
Vision statement,
Mission statement,
Vision statement for internal sta...
19  cards
1.4 Stakeholders
Define stakeholder,
Internal stakeholder,
External stakeholder
4  cards
1.5 Growth and Evolution (Scale)
Economies of scale,
Diseconomies of scale,
Cost of production
5  cards
1.5 Growth and Evolution (Growth)
Internal growth methods,
External growth methods,
Mergers and acquisitions
8  cards
1.6 Multinational Companies
Host country,
Globalisation,
Mnc
3  cards
3.1 Introduction to Finance
Finance financing,
Accounts accounting,
Capital expenditure
8  cards
3.2 Sources of Finance
Internal finance,
External finance,
Personal funds
14  cards
3.3 Costs and Revenues
Fixed costs,
Variable costs,
Profit vs revenue
6  cards
3.4 Final Accounts (Balance Sheet)
Non current assets,
Depreciation or accumulated depre...,
Current assets
20  cards
3.4 Final Accounts (Profit and Loss Statement/Depreciation)
Profit and loss statement,
3 parts to a statement,
Depreciation formula straight lin...
4  cards
3.5 Profitability/Liquidity Analysis
Gross profit margin,
Return on capital employed,
Profit margin
9  cards
3.6 Efficiency Ratio Analysis
Stock inventory turnover ratio,
Debtor days ratio,
Creditor days ratio
6  cards
3.7 Cash Flow
Cash flow forecast,
Working capital,
Working capital cycle
4  cards
3.8 Investment Appraisal
Payback period,
Average rate of return,
Net present value
3  cards
3.9 Budget
Budgets,
Cost centres,
Profit centres
3  cards

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11 Business Management

  • Class purpose General learning

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