This class was created by Brainscape user Max Herr.

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Decks in this class (22)

Market research
What is market research 1 1,
What are 3 key areas of market re...,
What are 2 types of market resear...
22  cards
Market segmentation
What is market segmentation 1,
4 methods of segmentation 2,
4 examples of demographic segment...
7  cards
introduction to business + business location
What is a stakeholder 1,
What are dividends 2,
What do business need to consider...
3  cards
private vs public sector
Who owns private and public sector 1,
5 aims of private sector 2,
5 disadvantages of private sector 3
17  cards
Marketting and The marketting mix
What makes up the marketing mix 4...,
Product 2,
Price 3
10  cards
the 4p’s product
What 3 things make up the product 1,
Core and example 2,
Physical tangible and example 3
24  cards
The 4 Ps - Price
Price definition 1,
What are the pricing strategies f...,
What are the pricing strategies f...
12  cards
business finances
What is finance 1,
Why do business need finance 4 2,
What is meant by sources of finan...
23  cards
revenue, costs, breakeven , profit AND EQUATIONS
Costs definitions 1,
Revenue definition and what else ...,
Profit definition 3
23  cards
The 4 Ps - Place/ distribution
Distribution channels 1,
Intermediary 2,
What does every intermediary add 3
26  cards
The 4 Ps - Promotion/ branding
What is promotion 1,
What is promotion meant to do 2,
What is the goals of promotional ...
21  cards
Legal structures
What are the 2 types of business ...,
2 examples of incorporated busine...,
2 examples of unincorporated busi...
26  cards
Supply and Demand
Demand meaning 1,
What type of slope does a demand ...,
What does a change in price cause...
16  cards
new technology
What are the 2 types of computers...,
What is clicks and bricks 2,
What type of technology is there ...
5  cards
economies of scale
What is economies of scale 1,
What are the 2 groups economies o...,
What is meaning of internal econo...
23  cards
Price and income elasticity of demand
What is the formula for price ela...,
In what form is ped value always ...,
What are range of values ped can ...
17  cards
business plans
Business plan definition 1,
Why is a business plan needed 2,
What are the components of a busi...
11  cards
budgets
What is a budget 1,
What are budgets concerned with 2,
Income budget 3
13  cards
Cash Flow Forecasting
Cash flow forecast definition 1
1  cards
Design Mix
Design mix definition 1,
What does the design mix consist ...,
Aesthetics 3
7  cards
EXAM TECHNIQUE
What is 10 mark exam structure an...,
20 marker exam structure 2
2  cards
cycle test wingrove
Gross profit formula and cost of ...,
Operating profit formula 2,
Gross profit definition 3
23  cards

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A level business

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