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

Decks in this class (21)

Topic 1 - What is business ?
What are the functional areas,
Why does a business exist,
What are some common business obj...
45  cards
Topic 2 - Managers, Leadership and Decision Making
What do managers do,
What is a autocratic manager,
What is a democratic leader
38  cards
Topic 3 - Decision making to improve marketing performance
The value of setting marketing ob...,
Examples of marketing objectives,
Internal influences on marketing ...
82  cards
Topic 3.4.4 - Making operational decisions to improve performance : quality
The importance of quality,
Quality assurance,
Total quality management
10  cards
Topic 3.4.5 - Making operational decisions to improve performance: managing inventory and supply chains
Ways and value of improving flexi...,
Influences on the choice of suppl...,
Ways to manage the supply chain e...
6  cards
Topic 3.5.1 - Setting financial objectives
The value of setting financial ob...,
Types of financial objectives,
Internal influences on financial ...
13  cards
Topic 3.5.2 - Analysing financial performance
How to construct a budget,
How to construct a cash flow fore...,
How to analyse budgets
27  cards
Topic 5.3 - Sources of finance
Debt factoring,
Benefits of debt factoring,
Drawbacks of debt factoring
19  cards
Topic 5.4 - Improving cash flow and profits
Methods of improving cash flow,
Managing stock,
Managing amount owed by customers
9  cards
Topic 6.3 - Improving organisation design and managing human resource flow
Hackman and oldham,
Physiological states of hackman a...,
Results of hackman and oldham model
38  cards
Topic 7.1 - Mission, corporate strategy and strategy
Influences on business mission,
Internal influences on corporate ...,
The distinction between strategy ...
7  cards
Topic 7.2 - Financial ratio analysis
Balance sheet,
Income statement,
Assessing financial performance u...
16  cards
Topic 7.3 - Overall performance
Marketing measures of business pe...,
Human resources measurement of fi...,
Operations data to analyse perfor...
23  cards
Topic 7.4 - Political and legal change
Competition law,
Labour market laws,
What are employees entitled to
11  cards
Topic 7.5 - Economic change
Gdp,
Business cycle,
Quantitative easing
17  cards
Topic 9.1 - Assessing a change in scale
Reasons a business grows,
Reasons a business retrenches,
Organic growth
28  cards
Topic 9.2 - Assessing innovation
Pressure for innovation,
Product innovation,
Process innovation
24  cards
Topic 10.1 - Managing change
Internal causes for change,
External causes of change,
Incremental change
32  cards
Topic 10.2 - Managing organisational culture
The importance of organisational ...,
Power culture,
Role culture
15  cards
Topic 10.3 - Managing strategic implementation
How to implement strategy effecti...,
The value of leadership in strate...,
The value of communication in str...
17  cards
Topic 10.4 - Problems with strategies and why strategies fail
Difficulties of strategic decisio...,
Planned strategy,
Emergent strategy
9  cards

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Business

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