This class was created by Brainscape user Daisy Allen.

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Decks in this class (43)

Formulae and key data
Total costs 1,
Profit 2,
Variable costs 3
11  cards
3.1.1 The nature and purpose of business
1 why would you start a business 1,
1 what are the benefits of a busi...,
2 what is a stakeholder 3
24  cards
3.1.2 Different business forms
5 what is an unincorporated busin...,
5 what is an incorporated business 2,
5 what is limited liability 3
81  cards
3.1.3 Businesses operate within an external environment
9 what is competition 1,
9 what is good about competition 2,
9 what is bad about competition 3
44  cards
3.2.1 Management, leadership and decision making
1 what is a leader 1,
1 what is a manager 2,
1 what is a managers roles 3
34  cards
3.2.2 Management decision making
4 what is opportunity cost 1,
4 what is scientific decision mak...,
4 what is big data 3
39  cards
3.2.3 The role and importance of stakeholders
6 what is a stake holder 1,
6 who are stakeholders of holt 2,
6 what is an internal stakeholder 3
35  cards
3.3.1 Setting marketing objectives
What is an objective based on 1,
What is sales volume 2,
What is sales value 3
14  cards
3.3.2 Markets and customers
2 what is market research 1,
2 what is marketing research 2,
2 what is the purpose of marketin...
77  cards
3.3.3 Segmentation, targeting, positioning
8 what is segmentation 1,
8 what is an example of segmentat...,
8 what are four types of segmenta...
46  cards
3.3.4 Using the marketing mix
10 what is the marketing mix 1,
10 what is the 4 stages of a firm...,
10 what are the 7 ps in the marke...
91  cards
3.4.1 Setting operational objectives
What is operations 1,
What is the process of operationa...,
What is a good 3
36  cards
3.4.2 Analysing Operational Performance
What are the four types of operat...,
What is labour productivity 2,
What is the labour productivity e...
12  cards
3.4.3 Increasing efficiency and productivity
3 what happens if capacity is too...,
3 what happens if capacity is too...,
3 what is capacity utilization 3
54  cards
3.4.4 Improving quality
8 what is quality 1,
8 how do you assess quality produ...,
8 how do you assess quality servi...
13  cards
3.4.5 Managing inventory and supply chains
11 how do you match inventory to ...,
11 advantages of producing to ord...,
11 disadvantages of producing to ...
27  cards
3.5.1 Setting financial objectives
1 what is investment 1,
1 what is return on investment roi 2,
1 what are non current assets 3
58  cards
3.5.2 Analysing Financial Performance
4 what is a budget 1,
4 what is budgeting 2,
4 why should you have a budget 3
68  cards
3.5.3 Sources of Finance
What is long term finance 1,
What is an example of long term f...,
What is medium term finance 3
36  cards
3.5.4 Improving Cash Flow and Profits
Why is cash flow so important in ...,
Why is cash flow forecasting cruc...,
How can a well prepared cash flow...
7  cards
3.6.1 Setting human resource objectives
1 what is the order of objective ...,
1 what is hrs job 2,
1 what are some hr objectives 3
19  cards
3.6.2 Analysing HR Performance
3 how is performance measured 1,
3 why do we need to analyse hr pe...,
3 what is labour turnover 2
31  cards
3.6.3 Improving organisational design and HR flow
5 what is an organisational struc...,
5 what does the organisational st...,
5 what is hierarchical structure 3
116  cards
3.6.4 Improving motivation and engagement
9 what did mayo think about the h...,
9 what did mayo conclude 2,
9 what was taylor s approach to m...
56  cards
3.6.5 Improving employee-employer relations
12 what influences employers to c...,
12 what is a trade union 2,
12 what influences the extent of ...
24  cards
3.7.1 Mission, Strategy, Corporate & functional objectives
What are objectives 1,
What are business objectives 2,
What are corporate objectives 3
69  cards
3.7.2 Internal: Financial ratio analysis
Blank 1
1  cards
3.7.3 Internal: Overall performance
10 how do you analyse data in ope...,
10 how do you measure time period...,
10 how do you compare businesses 3
44  cards
3.7.4 External: Political and legal change
14 what is the political environm...,
14 what is the legal environment 2,
14 what is strategic decision mak...
91  cards
3.7.5 External: Economic change
What is the economic environment ...,
What is gdp 2,
What is inflation 3
118  cards
3.7.6 External: Social and Technological
16 what is social change 1,
16 what does significant social c...,
16 what are the 3 types of signif...
86  cards
3.7.7 External: The Competitive Environment
What does a competitive market fe...,
What else influences the competit...,
How do consumers benefit from com...
36  cards
3.7.8 Analysing strategic options: investment appraisal
What are the 3 appraisal techniqu...,
What is the payback method 2,
How do you calculate the payback ...
24  cards
3.8.1 Strategic direction: Markets and Products
What is marketing strategy 1,
What is strategic direction 2,
What is strategic decision influe...
66  cards
3.8.2 Strategic positioning: Choosing how to compete
What is competitive advantage 1,
What is competitiveness 2,
What is competitive advantage als...
45  cards
3.9.1 Assessing a change in scale
What are strategic methods 1,
What could the business consider ...,
What is it known as when a busine...
132  cards
3.9.2 Assessing Innovation
What is innovation 1,
How would you innovate a product 2,
How would you innovate a process 3
38  cards
3.9.3 Assessing Globalisation and Internationalisation
What is internationalisation 1,
What are international markets 2,
How is internationalisation linke...
49  cards
3.9.4 Assessing greater use of digital technology
Why are business s under pressure...,
What are the key pressures of ado...,
What is e commerce 3
37  cards
3.10.1 Managing Change
What does the tannenbaum schmidt ...,
What is managing change 2,
How can change be achieved 3
72  cards
3.10.2 Managing organisational Culture
What is organisational culture 1,
What are 3 features of organisati...,
What is it meant by shared values...
46  cards
3.10.3 Managing Strategic Implementation
How do you implement a strategy e...,
What is the value of leadership 2,
Why is it important to have a lea...
33  cards
3.10.4 Problems with strategy and why strategies fail
Why are there difficulties with s...,
Why do strategic decisions go wro...,
What is planned strategy 3
22  cards

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Business A Level

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Business studies (A levels)
  • 40 decks
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