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Decks in this class (31)

Component 1 - Enterprise
Explain what is meant by the term...,
Explain what is meant by the term...,
Explain what are business opportu...
8  cards
Component 1 - Business Plans
Explain 3 purposes of a business ...,
Explain identify the main sources...,
Explain the main components of a ...
4  cards
Component 1 - Markets
Explain the concept of income yed...,
Explain demand supply and equilib...,
Explain the nature of inferior no...
16  cards
Component 1 - Market Research
Explain market research is the pr...,
Explain 3 reasons why market rese...,
Explain primary and secondary wit...
15  cards
Component 1 - Business structure
Explain the difference between pr...,
Explain the aims of private secto...,
Explain the roles of the public a...
11  cards
Component 1 - Business Location
Explain the factors that need 1,
Evaluate the choice of different ...
2  cards
Component 1 - Business Finnance
Explain sources of finance availa...,
Evaluate sources of finance avail...
2  cards
Component 1 - Business Revenue and Costs
Explain what is meant by revenue ...,
Explain interpret revenue costs a...,
Explain costs to a business inclu...
10  cards
Component 1 - Marketing
Explain what is marketing 1,
Explain what is meant by a market...,
Explain what is meant by a produc...
38  cards
Component 1 - Finnance
Explain financial planning as a f...,
Read financial analysis as a func...,
Read financial control 3
17  cards
Component 1 - Human Resources
Explain 3 functions of the hr dep...,
Explain what is meant by a zero h...,
Explain impact of new technology ...
43  cards
Component 1 - Human resources Deck Two , Motivation
Explain what is meant by motivati...,
Explain motivation theories 2,
Explain motivation theories 3
29  cards
Component 1 - Operations Management
Explain added value 1,
Calculate added value 2,
Explain ways of increasing added ...
37  cards
Calculations
Ped price elasticity of demand 1,
Yed 2,
Market share 3
40  cards
Component 2 - Data analysis
Explain present interpret and ana...
1  cards
Component 2 - Market Analysis
Explain what quantitative and qua...,
Calculate price and income elasti...,
Explain numerical values of ped a...
3  cards
Component 2 - Sales Forecasting
Explain what is meant by sales fo...,
Explain quantitative and qualitat...,
Explain calculate a three point m...
18  cards
Component 2 - Analysing financial performance
Explain what is meant by a budget...,
Calculate budget variances 2,
Explain how a budget variance can...
25  cards
Component 2 - Analysing non-financial performance
Explain what is meant by non fina...,
Explain how non financial measures 2,
Explain how non financial measures 3
4  cards
Component 2 - Aims and objectives
Explain what is a vision statement 1,
Explain how can a vision statemen...,
Explain what is an objective 3
8  cards
Component 2 - Strategy and implementation
Explain the relationship between ...,
Explain the meaning of strategy i...,
Explain the relationship between ...
17  cards
Component 2 - Decision-making models
Explain the types of decisions a ...,
Explain the types of decisions a ...,
Explain the types of decisions a ...
12  cards
Component 2 - Investment appraisal
Explain what is meant by investme...,
Explain the purpose of investment...,
Explain the three different types...
9  cards
Component 2 - Special orders
Explain what is meant by special ...,
What is meant by contribution 2,
Contribution calculate contributi...
3  cards
Component 3 - Change
Explain the causes of change in b...,
Explain the difference between in...,
Explain the effects of change on ...
17  cards
Component 3 - Risk Management
Explain the risks that businesses...,
Explain the four factors affectin...,
Explain what is meant by risk 3
12  cards
Component 3 - PEST factors
Political explain political facto...,
Political explain the 4 ways the ...,
Political explain how laws and re...
22  cards
Component 3 - Ethical, legal and environmental factors
Explain the meaning of business e...,
Explain understand the types of e...,
Explain the meaning of corporate ...
12  cards
Component 3 - International trade
Explain what is meant by internat...,
Explain the reasons for internati...,
Explain what is meant by free tra...
6  cards
Component 3 - Globalisation
Explain what is meant by globalis...,
Explain the factors that have con...,
The effect of globalisation on bu...
13  cards
Component 3 - The European union
Explain the nature and purpose of...,
Explain the impact of the eu on b...,
Explain what is meant by the sing...
7  cards

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Business

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