This class was created by Brainscape user Matthew Musgrave.

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Decks in this class (52)

Entrepreneurs
What is an entrepreneur 2 1,
What are the 5 reasons entreprene...,
What are the 3 roles of an entrep...
6  cards
Primary Research
What is primary research 2 1,
What is the benefit of primary re...,
What is the drawback of primary r...
3  cards
Secondary Research
What is secondary research 2 1,
What is the benefit of secondary ...,
What is the drawback of secondary...
3  cards
Quantitative Data
What is the benefit of quantitati...,
What is the drawback of quantitat...,
What s quantitative data 2 3
3  cards
Qualitative Data
What s qualitative data 1,
What s the benefit of qualitative...,
What s the drawback of qualitativ...
3  cards
Market Orientation
What is market orientation 1,
Benefit of market orientation 5 2,
Drawback on market orientation 6 3
3  cards
Product Orientation & R&D
What is product orientation 1,
What s the benefit of product ori...,
What is the drawback of product o...
5  cards
Differentiation
What s differentiation 1,
Benefit of differentiation 3 2,
Drawback of differentiation 4 3
3  cards
Market Maps
What is a market map 1,
Benefit of market map 5 2,
Drawback of market maps 4 3
3  cards
Market Segmentation
What is market segmentation 1,
What are the 4 types of ways to s...,
Benefit of market segmentation 4 3
5  cards
Design Mix
What are the 3 examples of design...,
Benefit of prioritising aesthetic...,
Drawback of prioritising function...
7  cards
Sales Forecasts
What s a sales forecast 1,
Benefit of sales forecasts 4 2,
Drawback of sales forecasts 3 3
3  cards
Cash Flow Forecasts
What is a cash flow forecast 1,
Benefit of cash flow forecast 5 2,
Drawback of cash flow forecast 5 3
3  cards
Break Even
What is break even 1,
How do you calculate breakeven 2,
How do you calculate contribution...
5  cards
Business Ownership
What s a sole trader 1,
Benefit of sole trader 6 2,
What s a partnership 3
20  cards
Sources Of Finance
What are the internal sources of ...,
Benefit of internal finances 3 2,
Drawback of internal finance 3 3
22  cards
Core Essentials
Price elasticity 10 1,
Price inelastic 8 2,
Balance sheet liquidity 7 3
8  cards
Numerical Topics
Market share loa 3 1,
Productivity technical eos 5 2,
High roce 6 3
23  cards
Porters Generic Strategies
Differentation strategy loa 4 1,
Cost leadership focus loa 4 2
2  cards
Mass Markets
What is a mass market 1,
Mass market benefit 4 2,
Mass market drawback 4 3
3  cards
Niche Markets
What is a niche market 1,
Niche market benefit 3 2,
Niche market drawback 4 3
3  cards
Dynamic Market
Dynamic market benefit 5 1,
Dynamic market drawback 4 2
2  cards
Online Retailing
Online retailing benefit 1,
Online retailing drawback 4 2
2  cards
Supply & Demand
Factors that affect supply 4 1,
Factors that affect demand 7 2
2  cards
Branding & Promotion
Above the line promotion methods 4 1,
Above the line promotion benefit 5 2,
Above the line promotion drawback...
11  cards
Specialisation
Benefit of specialisation 4 1,
Drawback of specialisation 5 2
2  cards
Pricing Strategies
Price skimming benefit 5 1,
Price skimming drawback 3 2,
Penetration pricing benefit 4 3
12  cards
Distrubution
Traditional multi channel benefit...,
Traditional multi channel drawbac...,
Direct single channel benefit 5 3
4  cards
The Product Life Cycle
Development intro stage 6 1,
Growth stage 5 2,
Maturity stage 3 3
7  cards
The Boston Matrix
Question marks 5 1,
Stars 5 2,
Dogs 2 3
8  cards
B2B v B2C
B2b benefit 5 1,
B2b drawback 5 2,
B2c benefit 4 3
4  cards
Motivation
What are the 4 ways to improve mo...,
What are financial ways of motiva...,
4 ways to improve a motivated wor...
9  cards
Staff As An Asset v Cost
Treating staff as an asset benefi...,
Treating staff as an asset drawba...,
Treating staff as a cost benefit 6 3
4  cards
Flexible Workforce
What are 4 ways of a flexible wor...,
Flexible workforce flexi time hom...,
Flexible workforce flexitime home...
5  cards
Collective Bargaining
Collective bargaining benefit 5 1,
Collective bargaining drawback 4 2
2  cards
Recruitment, selection & Training
Internal recruitment benefit 5 1,
Internal recruitment drawback 4 2,
External recruitment benefit 3
8  cards
Organisational Design
Centralised organisational struct...,
Centralisation drawback 5 2,
De centralisation benefit 3
10  cards
Leadership
Autocratic benefit 5 1,
Autocratic drawback 5 2,
Paternalistic benefit 4 3
8  cards
Economic Influences Eg. Interest Rates
Increasing interest rates 5 1,
Increase interest rates however 5 2,
Reducing interest rates benefit 6 3
7  cards
Taxation
National insurance drawback 4 1,
National insurance however 5 2
2  cards
Legislation
Consumer protection 4 1,
Employee protection 5 2,
Environmental protection 4 3
6  cards
The Business Cycle
Recession 7 1,
Recession however long term benef...,
Recession however spread risk 5 3
6  cards
Emerging Economies
Emerging economies benefit uk bus...,
Emerging economies however outsou...,
Emerging economies however cultur...
3  cards
International Trade
Exports benefit 6 1,
Exports drawback 5 2,
Imports benefit 5 3
4  cards
Specialisation In A Nation (Economy)
Specialisation in a nation benefi...,
Specialisation in a nation drawba...
2  cards
Foreign Direct Investment (FDI)
Fdi benefit increased productivit...,
Fdi benefit increased domestic de...,
Fdi drawback inc competition 4 3
4  cards
Protectionism
Tariffs benefit for uk businesses...,
Tariffs increased fdi 2,
Tariffs benefit on uk businesses 5 3
12  cards
Culture
Role culture 4 1,
Task culture 5 2,
Person culture 4 3
4  cards
Globalisation
0  cards
Trading Blocs
0  cards
MNCs (Multinational Company)
0  cards
Budgets
0  cards

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Business

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