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

Decks in this class (28)

1.1 - What is a business?
Practice of producing a good or s...,
The document that sets out the bu...,
Organizations involved in the pro...
20  cards
1.2 - Types of business entities
Non profit social enterprises tha...,
For profit social enterprises set...,
Business that is owned by shareho...
21  cards
1.3 - Business objectives
Long term goals of a business sta...,
Analytical tool to devise product...,
Conscientious consideration of et...
20  cards
1.4 - Stakeholders
Rival businesses of an organization,
Situations where stakeholders hav...,
External stakeholders the clients...
17  cards
1.5 - Growth and evolutions
Fluctuation in the level of busin...,
Moral principles that are should ...,
Removal of government rules and r...
25  cards
1.6 - Multinational companies
Method of external growth that in...,
A business amalgamates with a fir...,
Businesses that provide a diversi...
31  cards
2.1 - Intro to HR management
Ageing,
Statistical study of population c...,
A system that allows workers to h...
14  cards
2.2 - Organizational structure
The extend to which a person is h...,
Official administrative and forma...,
Majority of decision making is do...
23  cards
2.3 - Leadership and management
Leaders who adopt an authoritaria...,
Considers the view of others when...,
Roles of managers planning organi...
12  cards
2.4 - Motivation and demotivation
Financial reward that pays worker...,
Incentive scheme that rewards mor...,
Breaking down different aspects o...
39  cards
2.6 - Communication
Anything that limits impedes the ...,
Jargon ignorance internal politic...,
Methods through which communicati...
20  cards
3.1 - Intro to finance
Investment spending on fixed asse...,
Financial guarantee for securing ...,
Items of monetary value that have...
4  cards
3.2 - Sources of finance
Extremely wealthy individuals who...,
Practice of raising finance for a...,
Funds from outside of the organiz...
18  cards
3.3 - Costs and revenues
Cost per unit of output,
Average cost equation,
Value of sales received from cust...
16  cards
3.4 - Final accounts
Contains financial info about org...,
Value of asset shown on a balance...,
Direct costs of producing or purc...
23  cards
3.5 - Profitability and liquidity ratio analysis
Liquidity ratio that measures a f...,
Value of all long term sources of...,
Short term liquidity ratio that c...
22  cards
3.7 - Cash flow
Debtors are unable to pay their o...,
Current asset and represents actu...,
Transfer movement of money into o...
15  cards
3.8 - Investment appraisal
Formula for average rate of return,
Average annual profit of an inves...,
Sum of an investment project s ne...
10  cards
4.1 - Role of marketing
Indicator of degree of competitio...,
Guidelines that help businesses a...,
Measures the degree of competitiv...
15  cards
4.2 - Market planning
Demographic and psychographic cha...,
Art of distinguishing a business ...,
Process of categorizing customers...
17  cards
4.4 - Market Research
Periodicial publications from edu...,
Market research conducted when re...,
Market research conducted on an o...
23  cards
4.5a - Product
A name that is identifiable with ...,
The extent to which people recogn...,
Ongoing and long term marketing p...
28  cards
4.5b - Price
Practice of a business setting th...,
Setting the selling price of a pr...,
Adding a percentage or specific a...
13  cards
4.5c - Promotion
Any form of paid for promotion th...,
Informative and or persuasive pro...,
Huge volume of advertisements tha...
24  cards
4.5d - Place
Representatives and negotiators w...,
Ways that a product gets from the...,
Agents or other businesses that a...
13  cards
4.5e - People
Physical tangible products,
Employees who interact with custo...,
Intangible product supplied by a ...
4  cards
4.5f - Processes
Services that are offered followi...,
Degree of attentiveness care and ...,
Means of transporting goods from ...
7  cards
4.5g - Physical evidence
Form of phy,
Tangible aspects of a service in ...
2  cards

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Business

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