A-Level Business Theme 3

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Decks in this class (23)

3.1.1 Corporate Objectives
What is a mission statement,
What is a mission statement used for,
Define a business aim
10  cards
3.1.2 Theories of Corporate Strategy
What is a corporate strategy,
How does a business develop its c...,
What 2 tools do businesses use to...
26  cards
3.1.3 SWOT
2 ways in which company can gathe...,
Define an internal audit what thi...,
Define external audit what things...
8  cards
3.1.4 Impact of external influences
What does pestle stand for,
What do businesses use pestle for,
Define direct competitors
18  cards
3.2.1 Objectives of growth
Define internal economies of scale,
What are the 6 economies of scale,
Define external economies of scale
14  cards
3.2.2 Mergers/Takeovers
What are three factors that led b...,
Define a merger,
Define a takeover
12  cards
3.2.3 Organic Growth
Define organic growth,
Define inorganic growth,
How do business grow organically
6  cards
3.2.4 Reasons for staying small
Why might a business want to stay...,
4 reasons as to why businesses ma...
2  cards
3.3.2 Investment Appraisal
What does investment refer to 2 d...,
What is an investment appraisal,
How do businesses show investment...
11  cards
3.3.3 Decision Trees
When are decision trees made,
What method is used in decision tree,
What are decision points on a dt ...
10  cards
3.3.4 Critical Path Analysis
Define what a critical path analy...,
What are the 4 areas in which ben...,
How does cpa benefit efficiency 3
11  cards
3.4.1 Corporate influences
What 3 things can influence corpo...,
Define a corporate culture,
Define short termism
11  cards
3.4.2 Corporate Culture
Define organisational culture,
3 adv of strong corporate culture,
What 3 things help create a stron...
13  cards
3.4.3 Shareholders vs stakeholders
Define a stakeholder,
What are the 3 internal stakeholders,
What are the 7 external stakeholders
16  cards
3.4.4 Business Ethics
What might businesses ethical dec...,
What might a businesses ethical o...,
What is a firms corporate social ...
8  cards
3.5.1 Interpretation of Financial statements
Define what a statement of compre...,
What are the 9 things that statem...,
Why are shareholders interested i...
18  cards
3.5.3 Human Resources
What is labour productivity,
How do you work out labour produc...,
What is labour turnover
12  cards
3.6.1 Causes and effects of change
In an organisational size how doe...,
In an organisational size how doe...
2  cards
3.6.3 Scenario Planning
What is scenario planning designe...,
What does scenario planning help ...,
What are the 5 steps of scenario ...
5  cards
3.1 - Summary
Why do businesses have mission st...,
What is the relationship between ...,
Identify three typical objectives...
12  cards
3.2 - Summary
What is the difference between or...,
What are economies of scope,
What are financial economies of s...
11  cards
3.3 - Summary
How is the moving average calculated,
What are the limitations of quant...,
Why might a business use investme...
14  cards
3.4 - Summary
Why might a decision based on int...,
What factors may contribute to th...,
What is a power culture
13  cards

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A-Level Business Theme 3

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