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Neel Saraf
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Decks in this class (33)
Section 5 Formulae
Net cash flow,
Relation between closing cash bal...,
Profit
17
cards
Ch 1 - Business activity
Advantages of specialisation and ...,
Disadvantages of specialisation a...,
Why is added value important
6
cards
Ch 2 - Classifications of businesses
Benefits and disadvantages of pri...
1
cards
Chapter 3 Enterprise, Business Growth and Size
Pros of being an entrepreneur,
Cons of being an entrepreneur,
Characteristics of an entrepreneur
17
cards
Ch 4 - Types of business organisations
Characteristics of a sole trader ...,
Advantages of a sole trader business,
Disadvantages if a sole trader bu...
17
cards
Ch 5 - Business + stakeholder obj
Examples of business objectives n...,
Market share formula,
Objective of owners and shareholders
10
cards
Ch 6 - Motivating employees
Why do people work,
Benefits of motivated employees,
Maslow s hierarchy
25
cards
Ch 7 A - Organisation + management
Advantages of an organisational s...,
Advantages of an organisational c...,
Advantages of a tall structure
17
cards
Chapter 7 (B) Delegation and styles of leadership
Advantages of delegation for mana...,
Advantages of delegation for empl...,
Why would managers not delegate t...
10
cards
Ch 7 (C) - trade unions
Benefits of trade unionstate 4,
Disadv of being in a trade union,
Adv of trade union to employer
4
cards
chapter 8 -A recruitment
Circumstances to start recruitmen...,
Advantages of internal recruitment,
Disadvantages of internal recruit...
15
cards
Chapter 8 - B - employees + training
Adv of part time employees,
Disadv of part time employees,
Adv of full time
11
cards
Chapter 8 - C - legal controls on employment
Diff between redundancy and dismiall,
Why an employment contract is imp...,
Protection against discrimination...
4
cards
Chapter 9 Internal and external communication
What is two way communicationadv,
What are the communication methods,
Factors that affect the method of...
12
cards
Ch 10 - marketing, competition, consumer
What is the role of marketing,
Successful marketing could lead to,
Advantages of mass marketing
10
cards
Ch 11 - market research
What are the primary market resea...,
What is a questionnaire primary,
Adv of questionnaires
19
cards
Ch 12 - product
Characteristics of a successful p...,
Benefits of creating a new product,
What is a usp
14
cards
Ch 13 - price
What are the 5 types of pricing s...,
Adv of competitive pricing,
Disadv of competitive pricing
17
cards
Ch 14 - place
What are the advantages of using ...,
What are the disadvantages of dis...,
What are the advantages of distri...
9
cards
Ch 15 - promotion
What are the aims of promotion,
Adv and disadv of tv,
Adv and disadv of radio
14
cards
Ch 16 - tech + ecommerce
Benefits of social media marketing,
Disadvantages of social media mar...,
Adv of own website
8
cards
Ch 17 - marketing strategy
What are some marketing objectives,
What are the legal controls on ma...,
Pros of entering a foreign market
9
cards
Chapter 18 - production
Formula for productivity,
What is labour productivity defin...,
Ways to increase productivity and...
25
cards
19 Cost, scale of production and break even
Total cost formula,
Average cost formulaaka,
How can cost data be used
18
cards
Chapter 20 - quality
What do quality products help a b...,
What can happen if quality is not...,
Adv of quality control
9
cards
Chapter 21 - location desires
Factors that influence where a bu...,
How does production method influe...,
How does market influence locatio...
18
cards
ch 22 - business finance + needs
Functions of a finance department,
3 reasons businesses need finance,
Internal sources of financelist them
25
cards
Ch 23 - cashflow forecast
Problems because of a lack of cas...,
Common sources of cash inflow,
Common sources of cash outflow
13
cards
Ch 24 + 25 - income statements + balance sheet
4 reasons why profit is important,
Why is profit a reward for enterp...,
Why is profit an important source...
6
cards
26 - financial ratios
Who is profitability important to,
What are the 3 profitability rati...,
2 liquidity ratios
14
cards
Ch 27 government objectives and policies
What is inflation,
What are the consequences of infl...,
Problems of unemployment
25
cards
Ch 28 Env and ethical issues
What happens if businesses worry ...,
Arguments aggainst businesses not...,
What can businesses do to achieve...
12
cards
Ch 29 - Businses and the Intl world
What are the reasons for globalis...,
Opportunities of globalisation,
Business impact pro and con both of
18
cards
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