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Decks in this class (36)
Definitons
Define business objective 1,
True or false market segmentation...,
Fill in the blank revenue is the ...
111
cards
Pack 1
Definition of stakeholders 1,
Definition of public sector 2,
Definition of private sector 3
7
cards
Pack 2 - Entrepreneurs
Definition of smes 1,
Definition of enterprise 2,
What are the characteristics of e...
9
cards
Pack 3 - Business Plans
Definition of a business plan 1,
What is the purpose of a business...,
Components of a business plan 3
6
cards
Pack 4 - Types of Ownerships
What is a public good 1,
What is a merit good 2,
What are positive externalities 3
24
cards
Pack 5 - Types of Market and Market Data
Definition of a market 1,
What is a mass market 2,
What is a niche market 3
16
cards
Pack 6 - Market Research
What is market research 1,
What is primary market research 2,
What is secondary market research 3
13
cards
Pack 7 - Market Segmentation
What is market segmentation 1,
What is a market segment 2,
What are the rules of segmentation 3
10
cards
Pack 8 – Market Structure and Consumer Exploitation
What is a monopoly 1,
What is an oligopoly 2,
What is monopolistic competition 3
14
cards
Pack 9 – Supply and Demand
What is the definition of demand 1,
Demand on a supply demand diagram 2,
Factors that shift demand non pri...
9
cards
Pack 10 – Price and Income Elasticity
What is price elasticity of demand 1,
Price elastic vs price inelastic 2,
Factors effecting price elasticit...
10
cards
Pack 11 - Location
Factors affecting location 1,
Impact of location on costs 2,
Impact of location on revenue and...
6
cards
Pack 12 - Sources of Finance
Define retained profits 1,
What is meant by the sale of asse...,
What does owner s capital persona...
24
cards
Pack 13 - Revenue, Profit and Contribution
What is revenue 1,
How is total revenue calculated 2,
What is the formula for profit 3
12
cards
Pack 14 - Breakeven
What is the break even output 1,
What is the formula for breakeven 2,
Define margin of safety 3
6
cards
Pack 15 - Economies of Scale
What is the definition of economi...,
Average unit cost formula 2,
What is purchasing economies 3
23
cards
Pack 16 - R&D
What is the definition of r d 1,
What are the stages of r d 2,
How does r d reduce costs 3
10
cards
Pack 17 - Methods of Production
What is the definition of product...,
What is job production 2,
Advantages of job production 3
10
cards
Pack 18 - Added Value
What is added value 1,
What is the formula for added val...,
How does stronger branding increa...
6
cards
Pack 19 - Productivity and Capacity Utililisation
What does productivity measure 1,
What is output in the context of ...,
Why should a firm measure its pro...
22
cards
Pack 20 - Technology
What do technological development...,
What is cad 2,
List the advantages of cad 3
14
cards
Pack 21 - Lean Production
What is the definition of lean pr...,
Lean production focuses on maximi...,
Name the methods of lean producti...
17
cards
Pack 22 - Quality
What is a quality product 1,
List the positive impacts of qual...,
What is quality control 3
18
cards
Pack 23 - Purchasing and Stock Control
What is stock control 1,
What are raw materials and compon...,
What does work in progress refer ...
17
cards
Pack 24 - Changing Working Practices
What is the primary function of t...,
Name the types of flexible workin...,
What is job sharing 3
34
cards
Pack 25 - Workforce Planning
What is workforce planning 1,
List the stages of workforce plan...,
Why is workforce planning importa...
11
cards
Pack 26 - Recruitment and Selection
What is the aim of recruitment an...,
What are the three stages of the ...,
What is job analysis 3
19
cards
Pack 27 - Training and Appraisals
Reasons why training is important...,
What is induction training 2,
Commonly covered in induction tra...
30
cards
Pack 28 - Workforce Performance
What is meant by workforce perfor...,
Define labour productivity 2,
What is the formula for calculati...
19
cards
Pack 29 - Organisational Structures
What is the organisation structure 1,
Why is organisational design impo...,
What are the two types of managem...
28
cards
Pack 30 - Motivational Theories
What is motivation 1,
List the benefits of having a mot...,
Who proposed the scientific manag...
22
cards
Pack 31 - Motivational Incentives
What are the two main categories ...,
Name financial methods of motivat...,
Name non financial methods of mot...
22
cards
Pack 31 - Motivational Incentives
What are the two main categories ...,
Define piece rate pay 2,
What is profit sharing 3
21
cards
Pack 32 - Leadership Styles
What is meant by leadership 1,
List the skills and traits of eff...,
Name the different types of leade...
18
cards
Pack 33 - Management and MBO
What is the definition of managem...,
List the character traits effecti...,
What is the difference between a ...
15
cards
Pack 34 - Employee / er relationships, Laws and Equal Opportunities
What is meant by employer employe...,
Name the three key areas to focus...,
What is the contract of employment 3
36
cards
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