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

Decks in this class (29)

The Role Of A Business Enterprise
Why do businesses exist,
What s a enterprise,
State 3 characteristics of an ent...
6  cards
Business Planning
What is a business plan,
How does a business plan reduce risk,
How does a business plan help a b...
5  cards
Business Ownership
What s the profit distribution fo...,
What s the profit distribution fo...,
What s the liability for sole tra...
20  cards
Business Aims And Objectives
What is the aim of a business,
What are the two aim of a business,
What s a financial aim of a business
10  cards
Stakeholders
What are stakeholders,
Give an example of an internal st...,
Why do shareholders care bout bei...
10  cards
Business Growth
What does business growth mean,
What can business growth cause an...,
How can a business be measured
8  cards
The Role Of Marketing
Name the roles of marketing,
Definition of marketing,
Why is marketing important
3  cards
Market Research
Whats the definition of market re...,
Why is market research important,
Name some market research activities
10  cards
Market Segmentation
What is market segmentation,
What are 4 different types of mar...,
Pro s of market segmentation for ...
4  cards
Marketing Mix
What are the 4 p s,
What s different about a business...,
What do the marketing mix influence
8  cards
Production Processes
What is job production,
What is batch production,
What is flow production
14  cards
Quality Goods And Services
What does quality of production mean,
Why is it important to provide qu...,
What is quality control
7  cards
Sales And Customer Service
What are the 3 methods of selling,
What is e commerce,
What has e commerce made available
9  cards
Consumer Law
What is the consumer rights act,
What may businesses have to do to...,
What does fit for purpose mean
5  cards
Business Location
What is transport infrastructure,
Define location,
Define labour
3  cards
Working With Suppliers
What is procurement,
Define logistics
2  cards
The Role Of Human Recources
What are human resources,
What is the purpose of human rcou...,
What does hr consist of in a busi...
6  cards
Organisational Sturctures
What are the two types of organis...,
What a organisational structure,
What are the advantages of tall s...
7  cards
Communication In A Business
What is internal communication,
What is vertical communication,
What is exsternal communication
7  cards
Recruitment And Selection
Whats an employment agency,
What the most important resource ...,
Why is recruitment worth the money
11  cards
Motvation And Retention
What is retention of workers,
What is the only called that you ...,
What is profit sharing in a business
7  cards
Training And Development
What are some benefits of training,
Reasons for training workers,
Advantage of on the job training
7  cards
Employment Law
What dies the employment law do,
What act prevents workers from di...,
What is a factor of the employmen...
6  cards
The Role Of The Finance Function
What does the finance function do,
Why is financial information vita...
2  cards
Sources Of Finance
Name some sources of finance,
What is crowdfunding,
Advantages of crowdfunding
7  cards
Reveue, Costs, Profit And Loss
What are the two types of costs,
What are the two types of profit,
What are fixed costs
9  cards
Break Even
What is margin of safety,
What is breakeven,
What s the break even formula
3  cards
Ethical And Enviromental Considerations
What does ethical behaviour concern,
What are advantages of being ethical,
What are the disadvantages of bei...
3  cards
Globalisation
What are the concepts of globalis...,
What does free trade mean,
Benefits of locating in another c...
4  cards

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Business

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