A-Level Business Theme 2

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Decks in this class (23)

2.1.1 - Internal Finance
What are 3 methods of internal fi...,
What are the advantages of using ...,
What are the disadvantages of usi...
4  cards
2.1.1 Internal finance
What are start up costs,
What is working capital,
What is depreciation
13  cards
2.1.2 External finance
Define external finance,
What are the 9 main sources of ex...,
What are business angels
15  cards
2.1.3 Liability
Define liability,
What in unlimited liability,
What is a creditor
8  cards
2.1.4 Planning
Define planning in business terms,
What does a business plan provide...,
What should be in a business plan 9
12  cards
2.2.1 Sales Forecasting
Define sales forecasts,
3 purposes of a sale forecast,
Factors affecting sales forecasts 3
6  cards
2.2.2 Sales, Revenue, Costs
Define output,
Define sales,
Define revenue
13  cards
2.2.3 Breakeven
What is contribution,
How do you calculate contribution...,
What is total contribution calcul...
12  cards
2.2.4 - Budgets
What are budgets,
What 3 areas are budgets used for,
What s the purpose of setting bud...
22  cards
2.3.1 - Profits
How is profit calculated,
What are the three types of profit,
What is a statement of comprehens...
26  cards
2.3.2 - Liquidity
What is a statement of financial ...,
What are non current assets,
What are current assets
23  cards
2.3.3 - Business Failure
What are 6 internal causes of bus...,
What are 4 external causes of bus...,
What are 5 financial causes of bu...
4  cards
2.4.1 - Production, Productivity And Efficiency
What is job production,
What is an advantage of job produ...,
What are the disadvantages of job...
15  cards
2.4.2 - Capacity Utilisation
What is capacity utilisation,
How can the maximum level of outp...,
What does over utilisation mean
7  cards
2.4.3 - Stock Control
What is stock,
What is stock used for,
What 3 forms is stock held in
14  cards
2.4.4 - Quality Management
What does quality mean,
What will different customers have,
What is the view of total quality...
22  cards
2.5.1 - Economic Influences
What does a business cycle show,
How is economic activity measured,
What is gross domestic product
22  cards
2.5.2 - Legislation
What does legislation involve,
What is the purpose of environmen...,
How can firms follow environmenta...
10  cards
2.5.3 - The Competitive Environment
What is the competitive environment,
What is a competitive advantage,
What is market structure
6  cards
2.1 - Summary
Give three short term sources of ...,
Why is retained profit low risk,
What types of business can raise ...
11  cards
2.2 - Summary
How might a business conduct a sa...,
What are the limitations of sales...,
How is the profit calculated
14  cards
2.3 - Summary
What is the profit for the year,
Why are financial ratios important,
What does a statement of comprehe...
14  cards
2.4 - Summary
What are the benefits of job prod...,
Why might a company choose to ado...,
Identify three ways in which a bu...
13  cards

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A-Level Business Theme 2

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