This class was created by Brainscape user Phoebe Young.

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Decks in this class (65)

Enterprise
What is an entrepreneur 1,
What are some characteristics of ...,
What stakeholders objectives are ...
13  cards
Business Sectors/ Types Of Business
What is chain of production 1,
What is the primary sector 2,
What is the secondary sector 3
16  cards
Franchises And Franchisees
What is a franchise 1,
What are the advantages and disad...,
What are the advantages and disad...
5  cards
Business Size And Growth
What are size of business factors 1,
What is the eu definition of busi...,
Differentiate categories of busin...
17  cards
Stakeholders And Business Objectives
What is a stakeholder 1,
What are the issues with differen...,
Why is addressing stakeholder obj...
24  cards
Strategy And Implementation
What is planning and what is ther...,
What are objectives 2,
What are strategies 3
12  cards
Business Plan And Contingency Crisis Management
What is a business plan 1,
What does a business plan include 2,
What are the advantages and disad...
13  cards
Risk, Uncertainty And Opportunity Costs
What is the definition of risk 1,
What is the definition of pure ri...,
What is the definition of specula...
10  cards
Forecasting
What s the definition of forecast...,
What are the advantages and disad...,
What is qualitative forecasting 3
14  cards
Decision Making And Conflicts In Decision Making
What are the different types of d...,
What are strategic decisions 2,
What are tactical decisions 3
8  cards
Decision Trees
What are decision trees used for 1,
What does each bit of the decisio...,
What s the process of using decis...
4  cards
Physical And Non-physical Markets
What is the definition of a market 1,
What is a physical market 2,
What are the advantages of a phys...
19  cards
Supply And Demand And Market Forces
What is demand 1,
What is supply 2,
What is equilibrium price 3
10  cards
The EU, Emerging Markets And The Global Context
What is the eu 1,
How is the eu achieved 2,
What is a single market 3
20  cards
International Trade And Free Trade
What is international trade 1,
What are the advantages of intern...,
What is a trading bloc 3
12  cards
Political, Social And Ethical Factors
What is competition policy 1,
What is privatisation 2,
What are advantages and disadvant...
8  cards
Economic Factors: GDP And The Business Cycle
What are macroeconomics 1,
What is the economy 2,
What is economic activity 3
13  cards
Economic Factors: Economic Policy
Why is a high rate of inflation b...,
Why are high levels of unemployme...,
What is economic growth 3
18  cards
Legal Factors
What is civil law 1,
What is criminal law 2,
What is the purpose of laws 3
26  cards
Environmental And Technological Factors And External Factors And Influences
What are the advantages and disad...,
What is a cost benefit analysis 2,
What is the impact of digital tec...
10  cards
Causes And Effects Of Change And Managing Change
What does internal change concern 1,
What does external change concern 2,
What is anticipated change 3
13  cards
Accounting And Finance Objectives And Strategy
Why are finance objectives import...,
What are some factors affecting f...,
What does having clear objectives...
3  cards
Sources Of Finance
How long does finance count as sh...,
What is short term finance needed...,
What is an overdraft 3
25  cards
Accounting Concepts
What is financial accounting 1,
What is management accounting 2,
What is the principle of accounti...
6  cards
Cost, Revenue And Profit
What are fixed costs 1,
What are stepped fixed costs 2,
What are overheads indirect costs 3
22  cards
Contribution
How do you calculate contribution...,
How do you calculate total contri...,
How do you calculate profit 3
3  cards
Break-even Analysis
What is break even 1,
What are the disadvantages of bre...,
How do you calculate breakeven 3
7  cards
Investment Appraisal
What is an investment appraisal 1,
What is payback 2,
How do you calculate net cash flow 3
12  cards
Budgets And Variance
What is a budget 1,
What are reasons for budgeting 2,
What is budgeting for cash flow 3
11  cards
Cashflow And Working Capital
What is a cashflow forecast 1,
What are the reasons for cashflow...,
What are the limitations of cashf...
5  cards
Index Numbers
What is the formula for index num...,
What are index numbers good for 2
2  cards
Income Statements
What do income statements show 1,
What does it contain 2,
How do you calculate revenue 3
13  cards
Statement Of Financial Position
What is the statement of financia...,
What are the contents 2,
How do you calculate net assets 3
7  cards
Depreciation
What is depreciation 1,
How do you calculate net book val...,
What is accumulated depreciation 3
10  cards
Intro To Ratio Analysis
What is ratio analysis 1,
What does ratio analysis allow bu...,
What are liquidity ratios 3
45  cards
HR - Organisation
What is an organisational structu...,
What is the span of control 2,
What is chain of command 3
23  cards
Communication
What does effective communication...,
What is one way communication 2,
What are the advantages and disad...
21  cards
Workforce Planning, Human Resource Objective And Strategy
What does hr ensure 1,
What is workforce planning 2,
How does workforce planning meet ...
16  cards
Recruitment, Selection And Training
What does the recruitment process...,
What is the overall recruitment a...,
What is a job description 3
18  cards
Appraisal And Workforce Performance
What are development needs 1,
What are appraisals 2,
What are appraisals used for 3
22  cards
Functions Of Management And Leadership
What are the managers purpose 1,
What are managers constraints 2,
How can success be measured 3
31  cards
Motivation
What is motivation 1,
What are the advantages of a moti...,
What is morale 3
22  cards
Employer/ Employee Relations: Trade Unions And Consultation
What are employer employee relati...,
What are trade unions 2,
What are trade union congress 3
14  cards
Employer/ Employee Relations: Employment Law
What is employment law 1,
What is the law relating to recru...,
What is the law relating to emplo...
21  cards
Marketing Within A Business Environment
What are marketing objectives 1,
What are the advantages and disad...,
Why do you need to assess success 3
16  cards
Identifying Customer Needs: Market Research
What is market research 1,
What is market research used for 2,
What is the difference between qu...
10  cards
Identifying Customer Needs: Market Research Analysis
What are sampling methods used for 1,
What is simple random sampling 2,
What is systematic sampling 3
20  cards
Customers, Consumers And Anticipating Consumer Needs
What is niche marketing 1,
What are the advantages and disad...,
What is mass marketing 3
10  cards
Product
What is the marketing mix 1,
What is differentiation 2,
What is value analysis 3
13  cards
Price
What does price indicate 1,
What factors affect price 2,
What are market forces 3
23  cards
Place
What is place 1,
What are channels of distribution 2,
What is a wholesaler eg costco 3
7  cards
Promotion
What is promotion 1,
What is the purpose of promotion 2,
What is above the line strategy o...
8  cards
External Influences On Marketing
What factors cause customer prote...,
What is the sales of goods act co...,
What is the unsolicited good act ...
16  cards
Operations Management Objectives/ External Influences
What are operation management obj...,
What do you need to consider 2,
What are the social external fact...
9  cards
Added Value
What is adding value 1,
What are examples of added value 2,
What are the advantages and disad...
3  cards
Innovation, Research And Development
What is innovation 1,
What is product innovation 2,
What is research and development 3
9  cards
Methods Of Production
What is job production 1,
What are the advantages and disad...,
What is batch production 3
10  cards
Project Management
What is project management 1,
What is cpa critical path analysis 2,
Explain the cpa diagram 3
20  cards
Productivity
What is productivity 1,
How do you calculate productivity 2,
How do businesses increase their ...
4  cards
Economies And Diseconomies Of Scale
Why do businesses grow 1,
What is internal organic growth 2,
What is external growth 3
8  cards
Capacity Utilisation And Management
What is capacity utilisation 1,
What is capacity management 2,
What does capacity management inc...
8  cards
Stock Control
What does stock include 1,
What are costs of holding stock 2,
What are the advantages of holdin...
10  cards
Lean Production
What is lean production 1,
What is time based competition 2,
What is total quality time manage...
10  cards
Location And Logistics
What does location decisions depe...,
What are logistics 2,
What is supply chain management 3
12  cards
Internal/ External Quality Standards
What is quality concerned with 1,
What is the importance of quality 2,
What is quality assurance prevent...
9  cards

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