This class was created by Brainscape user Mihelee Walisundara.

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Decks in this class (26)

Chapter 1 Business Objectives
What is a business 1,
What is an organisation 2,
What is a good 3
15  cards
Chapter 2 Business Objectives
Financial objectives 1,
Survival 2,
Profit 3
10  cards
Sole Traders, Patnerships, Social Enterprise and Franchises
Who is an entrepreneur 1,
Roles of an uentrepreneur 2,
Unincorporated 3
28  cards
Chapter 4 Limited Companies
Features of limited companies 1,
Forming a limited company 2,
Certificate of incorporation 3
10  cards
Chapter 5 Public Corporations
No need for chapter 6
6  cards
Chapter 8 Decision on Location
Proximity to market 1,
Proximity to labour 2,
Proximity to materials 3
6  cards
Chapter 9 Globalisation
Globalisation 1,
2 key features of globalisation 2,
Reasons for globalisation 3
16  cards
Chapter 12 Government Objectives and Polices
Taxation 1,
Constraints on public spending 2,
Effects of constraints on public ...
18  cards
The importance and Growth of Multinational Companies
Blank 1
1  cards
Chapter 15 Reasons for Business failure
Blank 1
1  cards
Statement of Comprhensive Income
How to calculate gross profit 1,
How to calculate operating profit 1,
What is distributed profit 2
7  cards
Sources of Finance
3 main internal sources of finance 1,
Personal savings 2,
Retained profit 3
15  cards
Organisation of Structure and Employees
Formal organisation 1,
Features of organisational struct...,
Chain of command 3
14  cards
The Importance of Good Communication in Business
What is communication 1,
What is downward communication 2,
What is a communication channel 2
21  cards
17. Barriers to Communication in Business
1 lack of clarity 1,
2 technological breakdown 2,
3 poor communication 3
6  cards
Chapter 35 Market Segmentation
What is meant by market segmentat...,
Methods of market segmentation 2,
Benefits of market segmentation 3
3  cards
Chapter 36 Product
What is marketing mix 1,
Factors that might influence the ...,
Product life cycle 3
14  cards
Chapter 37 Price
Factors that affect price 1,
Cost plus pricing 2,
Why would a business use a penetr...
13  cards
Chapter 38 Place
Distribution channels 1,
Who are wholesalers 2,
Retailers 3
10  cards
Chapter 39 Promotion
What are the 2 methods of promoti...,
Above the line promotion 2,
Below the promotion 3
10  cards
Lean Production
Lean production 1,
Advantages of lean production 2,
Just in time production 3
10  cards
Production and Productivity
Production 1,
Job production advantages 2,
Job production disadvanatges 3
9  cards
Quality
Quality 1,
The importance of quality 2,
Total quality management tqm feat...
7  cards
20. Training
Induction training 1,
Benefits of induction training 2,
On the job training 3
7  cards
21. Importance of Motivation in Workplace
Remunaration 1,
Time rates 2,
Piece rates 3
10  cards
26.Cash Flow Forecast
Cash inflow 1,
Cash outflow 2,
Net cash flow 3
7  cards

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