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

Decks in this class (33)

Topic 1 - Role of Business in Society
Primary sector,
Secondary sector,
Tertiary sector
7  cards
Topic 2 - Types of Organisations
Private limited company,
Public limited company,
Franchise
8  cards
Topic 3 - Objectives
Corporate social responsibility,
Growth
2  cards
Topic 4 - Methods of Growth
I,
Nternal growth,
Horizontal integration
16  cards
Topic 5 - External Factors
Competition policy,
Economic policy,
Political factors
8  cards
Topic 6 - Internal Factors
Finance,
Staff,
Technology
5  cards
Topic 7 - Stakeholders
Stakeholder interdependance,
Stakeholder conflict
2  cards
Topic 8 - Structures
Functional grouping,
Location grouping,
Product service grouping
13  cards
Topic 9 - Decision- Making
Strategic decisions,
Operational decisions,
Tactic
8  cards
Topic 10 - Customers
Market led,
Product led,
Consumer behaviour
3  cards
Topic 11 - Market Research
Desk research,
Field research,
Random sampling
13  cards
Topic 12 - Product
Extension strategies,
Boston matrix,
Product portfolio
3  cards
Topic 13 - Price
Factors affecting pricing strategy
1  cards
Topic 14 - Place
Factors affecting the channel of ...,
E commerce direct selling,
Mail order
15  cards
Topic 15 - Promotion
Trade credit into,
Point of sale materials into,
Sale or return into
20  cards
Topic 16 - Extended Marketing Mix
People,
Process,
Physical evidence
3  cards
Technology in Marketing
Technology,
Social media,
Apps
3  cards
Topic 17 - Inventory Management
Inventory control system,
Just in time,
Centralised storage
9  cards
Topic 18 - Methods of Production
Automation,
Mechanisation,
Labour production
4  cards
Topic 19 - Quality
Importance of quality,
Quality control,
Quality assurance
9  cards
Topic 20 - Ethical and Environmental Issues
Ethical,
Ethical methods,
Fairtrade
5  cards
Technology in Operations
Technology
1  cards
Topic 21 - Workforce Planning
Reasons for workforce planning,
Benefits of workforce planning,
Steps in workforce planning
9  cards
Topic 22 - Training and Development
Training,
Corporate training schemes,
Gradi
8  cards
Topic 23 - Motivation and Leadership
Basic motivation methods,
Advanced motivation methods,
Benefits of motivating staff
9  cards
Topic 24 - Employee Relations
Positive employees relations,
Negative employee relations,
Grievances
13  cards
Topic 25 - Legislation
Equality act,
Health and safety at work act,
National minimum living wage
3  cards
Technology in HR
Virtual learning environment,
Technology
2  cards
Topic 26 - Sources of Finance
Factors affecting sources of finance,
Retained profits,
Sale of assets
14  cards
Topic 27 - Cash Budgeting
Purpose of cash budgeting
1  cards
Topic 28 - Financial Statements
Purpose of income statement,
Purpose of statement of financial...,
Features of income statement
5  cards
Topic 29 - Ratios
Purpose of ratio analysis,
Limitations of ratio analysis,
Gross profit percentage
8  cards
Technology in Finance
Technology,
Spreadsheets
2  cards

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Business

  • Class purpose General learning

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