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Decks in this class (27)
Unit 1.1 - Business activity
Define goods 1,
Define services 2,
Define wants 3
10
cards
Unit 1.2 - Business ownership
Define sole trader 1,
Sole trader benefits 3 2,
Sole trader costs 3 3
15
cards
Unit 1.3 - Business aims and objectives
Name the different business objec...,
Difference between an aim and an ...,
Influences on type of objectives 3 3
5
cards
Unit 1.4 - Stakeholders
Main stakeholder groups 6 1,
Internal stakeholders 2,
External stakeholders 3
9
cards
Unit 1.5 - Business location
Main locational factors 5 1,
Importance of raw materials locat...,
Importance of labour supply on lo...
6
cards
Unit 1.6 - Business planning
Purpose of a business plan 5 1,
Main sections of a business plan 7 2,
Issues of a business plan 4 3
3
cards
Unit 1.7 - Expanding a business
Internal business growth 5 1,
Benefits of internal growth 3 2,
Costs of internal growth 2 3
16
cards
Unit 2.1 - Technology
Technology has changed the way bu...,
Define e commerce 2,
Benefits of e commerce 3 3
5
cards
Unit 2.2 - Ethical and environmental considerations
Define ethics 1,
Businesses behave ethically 6 2,
Benefits of behaving ethically 3 3
8
cards
Unit 2.3 - Economic climate of a business
Define economy 1,
Define economic climate 4 2,
Improving economic climate 4 3
11
cards
Unit 2.4 - Globalisation
Define globalisation 1,
Benefits of globalisation 4 2,
Drawbacks of globalisation 3 3
7
cards
Unit 2.5 - Legislation
Covered under employment law 6 1,
Covered under health and safety l...,
Covered under consumer law 3 3
3
cards
Unit 2.6 - Competitive environment
Define market 1,
Define perfect competition 2,
Define oligopoly 3
9
cards
Unit 3.1 - Production methods
Define job production 1,
Define flow production 2,
Define lean production 3
14
cards
Unit 3.2 - The role of procurement
Define supply chain 1,
Factors that influence which supp...,
Define procurement 3
6
cards
Unit 3.3 - The concept of quality
Define quality 1,
Benefits of maintaining quality 3 2,
Costs of maintaining quality 2 3
8
cards
Unit 3.4 - Good customer service
Customer service opportunities th...,
Excellent customer service method...,
Digital customer service methods 3 3
5
cards
Unit 4.1 - Organisational structures
Define span of control 1,
Define hierarchy 2,
Define chain of command 3
26
cards
Unit 4.2 - Recruitment and selection
Define job description 1,
Define person specification 2,
Define internal recruitment 3
18
cards
Unit 4.3 - Motivation
Reasons for motivated staff 5 1,
Define financial motivation 2,
Describe the different types of m...
7
cards
Unit 4.4 - Training
Describe the different training t...,
Benefits of induction training 4 2,
Benefits of on the job training 2 3
8
cards
Unit 5.1 - Marketing
Define market size 1,
Define market share 2,
Define segmentation 3
12
cards
Unit 5.2 - Marketing mix
Difference between product range ...,
Different categories of the produ...,
Different extension strategies 5 3
22
cards
Unit 6.1 - Sources of finance
Name reasons that firms need fina...,
Benefits of a government grant 2 2,
Costs of a government grant 3 3
24
cards
Unit 6.2 - Cash flow
Define cash 1,
Define cash flow 2,
Define net cash flow 3
12
cards
Unit 6.3 - Financial terms and calculations
Business investments 6 1,
Average rate of return arr formul...,
Break even formula 2 3
6
cards
Unit 6.4 - Analysing the financial performance of a business
Define income statement 1,
Different profits 3 2,
Profit formula 3 3
19
cards
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AQA GCSE 9-1
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