Business A Level AQA

This class was created by Brainscape user Diezani K.

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Decks in this class (32)

Understanding different business forms
What is a sole trader 1,
Advantages of being a sole trader...,
Disadvantages of being a sole tra...
16  cards
Formulas
What is the formula for total cos...,
What is the formula for sales rev...,
What is the formula for variable ...
12  cards
Understanding Markets
Market size definition 1,
Market growth definition 2,
Market definition 3
7  cards
Marketung Segmentation, Targeting & Positioning
What are market segments 1,
What is segmentation 2,
Segments of markets may be 3
6  cards
Interpreting Marketing Data: IED, PED, Correlations
Negative correlation 1,
Positive correlation 2,
Strong correlation 3
9  cards
Sources Of Finance
Retained profits 1,
Share capital 2,
Venture capitalists 3
8  cards
Operations
Operation management department f...,
Why do businesses set operation t...,
What is quality 3
11  cards
Analysing Financial Performance
Budgets 1,
Variances 2,
Contribution per unit formula 3
8  cards
Organisational structure
Types of structure business can u...,
What is functional structure 2,
What is product based structure 3
11  cards
Effective supply chain management/Outsourcing
What involves supply chain manage...,
Benefits of effective supply chai...,
What are examples of environmenta...
7  cards
Government policies + effects of them on businesses
What is vat 1,
Responsibilities for a vat regist...,
Blank 3
3  cards
Financial Management
Setting financial objectives, analysing financial performance, sources of finance, improving cash flow
26  cards
Human Resource Management
What does organisational design m...,
What does authority mean 2,
What is span of control 3
17  cards
Section 3.1 - What is business?
What is a mission 1,
What are objectives 2,
Examples of objectives in a busin...
15  cards
3.2 - Management and styles of leadership
What do managers do 1,
Types of management or leadership...,
What is an authoritarian leadersh...
16  cards
3.3 - Marketing management
Marketing objectives what are they 1,
What is sales volume 2,
What is sales value 3
41  cards
3.4 - Setting/Analysing operational objectives/performance
Operational objectives may relate...,
Labour productivity formula 2,
Unit costs formula 3
23  cards
3.5 - Analysing financial performance
Contribution per unit definition 1,
Contribution per unit formula 2,
Revenue formula 3
8  cards
3.6 - Human Resource Management
What may hr objectives relate to 1,
Hard hr views and features 2,
Soft hr views and features 3
19  cards
3.7 - Analysing the strategic position of a business (TBC)
Overview of what a business does 1,
Define a business mission 2,
What are some influences on a bus...
21  cards
3.8 - Choose strategic direction
Explain ansoff s matrix 1,
Explain what market penetration i...,
Explain what market development i...
17  cards
3.9 - Strategic methods and how to pursue strategies
Internal methods of business grow...,
Advantages and disadvantages of i...,
What is a franchise 3
22  cards
3.10 – Managing strategic change
State the types of change and exp...,
Reasons for internal and external...,
How can an organisation become mo...
19  cards
The Economic Environment
What is a recession 1,
What is gdp gross domestic product 2,
What is national income 3
23  cards
Social environment
p
6  cards
Mission, corporate objectives and strategy
What is a mission for a business 1,
What are influences for a mission...,
What are corporate objectives 3
17  cards
Financial ratio analysis
What can you mention about in rel...,
What is the formula for return on...,
What is the formula for equity 3
22  cards
The Social Environment
Includes (1): demographic changes and population movements (2): corporate social responsibility (3): consumer lifestyle and buying behaviour
18  cards
Political and Legal environment
Government policies and legislation
12  cards
Investment appraisal
To find payback period, Average rate of return and net present value
10  cards
Competitive environment + Innovation
What does porters 5 forces model ...,
The competitive position within a...,
What influence the power of suppl...
14  cards
Strategic direction and strategic positioning
What is market penetration 1,
What is market development 2,
What is product development 3
9  cards

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Business A Level AQA

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  • 40 decks
  • 1269 flashcards
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