This class was created by Brainscape user Paramraj Sandhu Year 10. Visit their profile to learn more about the creator.
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Decks in this class (37)
Topic 1.1.1 Dynamic nature of business
e
3
cards
Topic 1.1.2 Risk and Reward
What are the risks when starting ...,
What are the rewards when startin...,
The impact of
4
cards
Topic 1.1.3 The role of business enterprise
What is the role and purpose of b...,
How can businesses add value,
What is the role of an entrepreneur
3
cards
Topic 1.2.1 Customer needs
What are the customer needs of a ...,
What is the importance of identif...
2
cards
Topic 1.2.2 Market Research
What are the methods of market re...,
What is the purpose of market res...,
What is primary research
12
cards
Topic 1.2.3 Market segmentation
How do business use market segmen...,
What is market mapping,
4
cards
Topic 1.2.4 The competitive environment
What are the strengths and weakne...,
Impact of competition on business...
2
cards
Topic 1.3.1 Business aims and objectives
What is a business aim,
What is a business objective,
What are the financial aims and o...
5
cards
Topic 1.3.2 Business revenues,costs and profit
What is the formula for revenue i...,
What is the formula for total costs,
What is the formula for profit
7
cards
Topic 1.3.3 Cash and cash flow
What is the formula for net cash ...,
What is the formula for closing b...,
Cash inflows
7
cards
Topic 1.3.4 Sources of business finance
What is crowdfunding,
Advantages of crowdfunding,
What are the short term sources o...
14
cards
Topic 1.4.1 The options for start up and small businesses
What is limited liability,
What is unlimited liability,
Types of business ownership
12
cards
Topic 1.4.2 Business location
What factors influence business l...,
Nature of business activity,
Impact of internet on location e ...
3
cards
Topic 1.4.3 The marketing mix
What is the marketing mix,
Importance of price,
Importance of product
8
cards
1.4.4 Business plans
What are the 7 element of a busin...,
What is the purpose of creating a...,
Discuss the impact on an entrepre...
3
cards
Topic 1.5.1 Business stakeholders
What are stakeholders,
Different stakeholder groups,
Shareholders
10
cards
Topic 1.5.2 Technology and business
Different types of technology use...,
How technology influence business...,
3
cards
Topic 1.5.3 Legislation and Business
Consumer right act 2015,
Equality act,
The health and safety at work act
6
cards
Topic 1.5.4 The economy and Business
Impact of economic climate on bus...,
Unemployment,
Government taxation
6
cards
Topic 1.5.5 External influences
0
cards
Topic 2.1.1 Business growth
0
cards
Topic 2.1.2 Changes in Business aims and objectives
0
cards
Topic 2.1.3 Business and globalisation
0
cards
Topic 2.1.4 Ethics,the environment and business
0
cards
Topic 2.2.1 Product
0
cards
Topic 2.2.2 Price
0
cards
Topic 2.2.3 Promotion
0
cards
Topic 2.2.4 Place
0
cards
Topic 2.2.5 Market segmentation
1
cards
Topic 2.3.1 Business operations
What is the purpose of business o...,
Advantages of job production,
Disadvantages of job production
11
cards
Topic 2.3.2 Working with suppliers
What is procurement,
What is the role of procurement,
What are logistics
10
cards
Topic 2.3.3 Managing quality
What is the definition of quality...,
What are the benefits of providin...,
What is quality assurance
11
cards
2.3.4 The Sales Process
What is the sales process,
What does the sales process consi...,
What is product knowledge
6
cards
deck_16156147 (1)
What is flow production,
One advantage of flow production,
One disadvantage of flow production
12
cards
Topic 2.4.1 Business calculations
What is the formula for gross profit,
What is the formula for,
What id the formula for gross pro...
5
cards
Topic 2.4.2 Understanding business performance
0
cards
Topic 2.5.1 Organisational structures
What is an organisational strucure,
What is a hierachal tall strucutee,
What is a flat stucture
7
cards
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