This class was created by Brainscape user Miron Limbu. Visit their profile to learn more about the creator.

Decks in this class (20)

Business definitions
Added value,
What is creating value,
What is an entrepreneur
26  cards
CSR
A document detailing a company s ...,
Give 4 advantages of csr,
Give 4 disadvantages of csr
5  cards
Mock Revision
Joint venture,
Private limited,
Public limited
29  cards
Pros and cons
What are the pros and cons of a p...,
Pros and cons of a sole trader,
Pros and cons of private limited ...
19  cards
Entrepreneur's and entrepreneurship
6 characteristics,
6 challenges entrepreneurs face,
4 reasons for business failure
4  cards
Exam technique
What is ao1,
What is ao2,
What is ao3
11  cards
Social Enterprise
Define social enterprise,
What are common features of a soc...
2  cards
Sole traders and Partnerships
Sole traders,
Partnerships,
Pros of a partnership
6  cards
Sectors and economies
Public sector,
Private sector,
Mixed economy
7  cards
LTD's and PLC's
Private limited company ltd,
Public limited company plc,
Pros of a ltd
6  cards
Coop/ Joint ventures/ Franchises
A business where al members contr...,
Joint ventures,
Pros of a cooperative
8  cards
SME/ Family business/ Government help for SMEs
Govt assistance for small businesses,
Pros of a small business,
Pros of a large business
9  cards
Size of business
5 ways to measure size of business,
Revenue,
Capital employed
14  cards
Business aims, objectives and mission statements
Objective,
Mission statement,
Factors effecting corporate objec...
4  cards
Stakeholders
Owner,
Owner,
Customers
10  cards
Formula
Net cash flow,
Opening balance,
Closing balance
6  cards
Cash flow
Advantages of cash flows,
Net cash flow,
Opening balance
5  cards
Break even and Margin of Safety
Advantages of break even,
Disadvantages of break even,
Break even
4  cards
Profitability Ratios
Gross profit margin formula
1  cards
SOFP (Statement of Financial Position)
0  cards

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Business

  • Class purpose General learning

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