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Decks in this class (28)
Unit 1 - Markets
What is a traditional market 1,
List and briefly explain the six ...,
What is a mass market its advanta...
25
cards
Unit 1 - Business Finance
Why is raising finance important 1,
What are some of the key consider...,
What are some things which financ...
9
cards
Unit 1 - Business Structure
What is the public sector 1,
What are public goods and what ar...,
What are merit goods 3
17
cards
Unit 1 - Market Research
What is market research and what ...,
List and explain the types of mar...,
What are the advantages and disad...
14
cards
Unit 1 - Revenue, Costs and Profit
What is revenue 1,
What is the formula for profit 2,
What are fixed costs 3
11
cards
Unit 1 - Business Plans
What are business plans 1,
List and explain the components o...,
What are the advantages and disad...
3
cards
Unit 1 - Enterprise
What is an enterprise 1,
What are the three sectors and wh...,
What are smes and what are some o...
13
cards
Unit 1 - Business Location
What is location 1,
List and briefly explain some of ...
2
cards
Unit 2 - Operations Management
What is added value 1,
What are some ways of increasing ...,
What are the 3 types of methods o...
68
cards
Unit 2 - Marketing
What is marketing 1,
What are some of the activities i...,
What are some of the roles of mar...
44
cards
Unit 2 - HR
Explain changes in working practi...,
What is a flexible workforce 2,
What is the key aim of having a f...
96
cards
Unit 2 - Finance
What is the general role of the f...,
What are the 4 main functional ac...,
What are budgets 3
40
cards
Unit 3 - Analysing financial and non-financial measures or performance
What is a budget provide examples 1,
What are some major consequences ...,
What is a budget variance and exp...
36
cards
Unit 3 - Aims and Objectives
What is a vision statement 1,
What is a mission statement 2,
List and define the hierarchy of ...
9
cards
Unit 3 - Strategy and Implementation
What is strategy what is its over...,
Name and define the two sides of ...,
What are the three types of decis...
66
cards
Unit 3 - Decision-making models
Why is decision making important ...,
Are all business decision straigh...,
How can decision making help solv...
35
cards
Unit 3 - Investment Appraisal
What is investment appraisal 1,
What is the reason significance o...,
List the three main methods of in...
11
cards
Unit 3 - Market Analysis
What is market analysis 1,
Why do businesses carry out marke...,
What are the two main types of da...
21
cards
Unit 3 - Special Orders
What are special orders 1,
What are the two types of measure...,
Explain the first stage in examin...
5
cards
Unit 3 - Sales Forecasting
What is sales forecasting 1,
What are the two categories in wh...,
Briefly explain what quantitative...
21
cards
Unit 3 - Data Analysis
What is data 1,
What are some types of data prese...,
What is the information age 3
11
cards
Unit 4 - Managing change
What is change 1,
What can the causes of change be ...,
List some of the internal causes ...
42
cards
Unit 4 - Risk management
What is business risk 1,
Where does business risk come from 2,
What is quantifiable risk 3
19
cards
Unit 4 - PEST Analysis
What is pestle analysis 1,
What does pestle stand for 2,
Describe political factors 3
42
cards
Unit 4 - International trade
Why do countries trade with each ...,
What is comparative advantage 2,
What is international trade 3
19
cards
Unit 4 - Globalisation
What is globalisation 1,
What is a global market 2,
What is a developing emerging mar...
20
cards
Unit 4 - Ethical, legal and environmental factors
What is an ethical business 1,
How may businesses remain ethical...,
What may be some pros of a firm r...
30
cards
Unit 4 - The EU
Blank 1,
What is the eu 2,
What is a trading bloc 3
25
cards
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