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Yoshi Chan
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Decks in this class (29)
Business activity 1.1
What are needs,
What are wants,
What is scarcity
7
cards
Classification of business 1.2
What is the primary sector,
What is the secondary sector,
What is the tertiary sector
10
cards
Enterprise, business growth and size 1.3
What are the characteristics of a...,
What is a business plan,
What does a business plan include...
15
cards
Types of business organisation 1.4
What is a sole trader,
Advantages of sole traders,
Disadvantages of sole traders
20
cards
Business objectives and stakeholder objectives 1.5
What are business objectives and ...,
What is aim of business survival,
What is the aim for profit
20
cards
Motivating employees 2.1
Why do people work,
What are the benefits of a well m...,
What are the concepts of human needs
28
cards
Organisation and management 2.2
What is organisational structure,
What is an organisation chart,
Advantages of organisation chart
25
cards
Recruitment, selection and training of workers 2.3
Why do businesses recruit,
What is job analysis,
What is job description
16
cards
Internal and external communication 2.4
Why is communication important to...,
What is internal communication an...,
What is external communication an...
8
cards
Marketing, Competition and the customer 3.1
What is the role of marketing,
Why do customers spending pattern...,
Why have some markets become more...
8
cards
Market research 3.2
How is market research used in a ...,
What is primary research and what...,
What is secondary research and wh...
8
cards
Marketing mix:product 3.3.1
What makes a product succesful,
What are benefits of branding,
What is the role of packaging
5
cards
Marketing mix:Price 3.3.2
What is cost plus pricing and wha...,
What is penetration pricing and w...,
What is price skimming and what a...
4
cards
Marketing mix:place 3.3.3
What is the role of place in the ...,
What is the advantage of selling ...,
What is the disadvantage of selli...
13
cards
Marketing mix: promotion 3.3.4
What are the aims of promotion,
How does advertising influence sales,
How does sales promotion influenc...
3
cards
Marketing mix:Technology 3.3.5
What is an e commerce,
What are the opportunities and th...,
What are the opportunities and th...
4
cards
Marketing strategy 3.4
What are the different elements i...,
What are some legal controls on m...,
Why do businesses enter markets a...
5
cards
Production of goods and services 4.1
What is the difference between pr...,
What are the benefits o increasin...,
What are the benefits of increasi...
12
cards
Costs,Scale of production and break even analysis 4.2
What are fixed costs,
What are variable costs,
What is average cost
18
cards
Achieving quality production 4.3
What is quality and why is it imp...,
What is quality control,
What are the advantages and disad...
5
cards
Location decisions 4.4
What are the factors influencing ...,
What are factors influencing loca...,
What are some reasons to locate a...
3
cards
Business finance : needs and sources 5.1
Why do businesses need finance,
What is short term finance,
What is long term finance
17
cards
Cash-flow forecasting and working capital 5.2
Why is cash important to a business,
What is cash flow and how do you ...,
How can a short term cash flow pr...
5
cards
Income statements 5.3
How is profit made,
What is the importance of profit ...,
What is the difference between pr...
4
cards
Statement of financial position
What is a balance sheet,
What are assets,
What are liabilities
4
cards
Analysis of accounts 5.5
What is profitability and the imp...,
What is liquidity and the importance,
What is gross profit margin
8
cards
Economic issues 6.1
What are the main stages of the b...,
What is gdp,
How does changes on employment le...
11
cards
Environmental and ethical issues 6.2
How does business activity impact...,
What are external costs,
What is external benefits and the...
9
cards
Business and the international economy 6.3
What is globalisation,
What is the reason for glovalisation,
What are opportunities the of glo...
6
cards
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