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

Decks in this class (45)

unit 1.2
Sole trader,
Partenership,
Private sector
8  cards
unit 4.1
Organisational structures,
Span of control,
Organisational chart
10  cards
unit 4.2
Recruitment,
Selection,
Retention
9  cards
unit 4.3
Motivation,
Financial method of motivation,
Non financial method of motivation
19  cards
unit 4.4
Training,
Induction training,
On the job training
12  cards
unit 3.1
Production,
Operation management,
Job production
14  cards
equations
How to work out profit,
How to work out total costs,
How to work out total variable cost
9  cards
3.2
Procurement,
Opportunity cost,
Just in time jit
7  cards
unit 1 knowledge review (no answers)
What is meant by a service give a...,
Describe one characteristic of an...,
State two factors of production
31  cards
1.1 (quizlet version)
Customer,
Consumer,
Want
20  cards
1.2 (quizlet version)
Soletrader,
Partnership,
Private limited company
10  cards
1.3 (quizlet version)
Objective,
Aim,
Market share
11  cards
1.7 (quizlet version)
Unit costs formula,
Economies of scale,
Diseconomies of scale
15  cards
financial performance of a business
Fixed assets,
Current assets,
Current liabilities
16  cards
unit 1.4 (quizlet version)
Stakeholder,
Internal stakeholder,
External stakeholder
13  cards
unit 1.5 (quizlet version)
Protectionism,
Domestic businesses,
Quota
8  cards
unit 1.6 (quizlet version
Revenue,
Fixed cost,
Variable costs
7  cards
unit 2.1 (quizlet version)
Intranet,
Extranet,
E commerce
4  cards
unit 2.2 (quizlet version)
Ethical,
Unethical,
External costs
9  cards
unit 2.3 (quizlet version)
Interest rates,
Consumer spending,
Unemployment
13  cards
unit 2.4 (quizlet version)
Globalisation,
Exchange rates,
Interconnected
12  cards
unit 2.5 (quizlet version)
Employment law,
Health and safety law,
Consumer law
3  cards
unit 2.6 (quizlet version)
Market,
Monopoly,
Competitors
7  cards
unit 3.1 (quizlet version)
Job production,
Lean production,
Flow production
9  cards
unit 3.2 (quizlet version)
Procurement,
Suppliers,
Logistic
3  cards
unit 3.3 quizlet version
Quality,
Total quality management tqm,
Quality control
3  cards
unit 3.4 quizlet
Customer service,
Positive customer engagement,
Customer
5  cards
unit 4.1 quizlet
Organisational structure,
Employee,
Employer
17  cards
unit 4.2 quizlet
Recruitment,
Employee retention,
Internal recruitment
10  cards
unit 4.3 quizlet
Motivation,
Financial methods of motivation,
Non financial methods of motivation
19  cards
unit 4.4 quizlet
Training,
Induction training,
On the job training
4  cards
unit 5.1 quizlet
The exchange process,
Unique selling point,
Competitors
3  cards
unit 5.2 quizlet
Segmentation,
Market segments,
Niche market
4  cards
unit 5.3 quizlet
Market research,
Demand,
Competitors
8  cards
unit 5.4 quizlet
The marketing mix,
4 p s,
Price
7  cards
unit 5.5 quizlet
Product range,
Product portfolio,
Product differentiation
18  cards
unit 5.6 quizlet
Price skimming,
Price penetration,
Competitive pricing
9  cards
unit 5.7 quizlet
Promotional activities,
Sales promotion,
Advertising
6  cards
unit 5.8 quizlet
Place,
Distribution,
Ecommerce
8  cards
unit 6.1 quizlet
Sources of finance,
Internal source of finance,
External source of finance
14  cards
unit 6.2 quizlet
Cash flow,
Cash inflow,
Cash outflow
6  cards
unit 6.3 quizlet
Average rate of return,
Investment,
Life expectancy
11  cards
unit 6.4 quizlet
Income statement,
Cost of sales,
Overheads
16  cards
organic/inorganic
Methods of organic internal growth,
Methods of inorganic external growth
2  cards
mock questions
Reasons to create a business plan,
Economic influence on customer sp...,
Reasons for conducting market res...
8  cards

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