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Business edexcel gsce 9-1 Theme 1

This class was created by Brainscape user Mathavi Kumareswaran. Visit their profile to learn more about the creator.

By: Mathavi Kumareswaran
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Decks in this class (20)

1.1a Dynamic Nature Of A Business
State three ways why new business...,
What is the difference between e ...,
What is the benefit for a busines...
8  cards
1.1b - Risk And Reward
How can a business minimise risks,
What are the main risks that an e...,
Explain one reason why a business...
7  cards
1.1c The Role Of A Business Enterprise
Define the term stakeholder,
State the three purposes of busin...,
How can value be added to a product
4  cards
1.2a Customer Needs
What are the 4 main consumer need...,
Why should a business consider price,
Why is the quality of a product i...
7  cards
1.2b Market Reseach
What is the main purpose of marke...,
What are the two main types of ma...,
Give some examples of primary res...
12  cards
1.2c Market Segementation
0  cards
1.2d Market Mapping
What is market mapping,
What does market mapping allow a ...
2  cards
1.2e The Competitive Environment
What are the two different types ...
1  cards
1.3a Aims And Objectives For Start-ups
What are the two type of aims and...,
Explain why businesses are likely...
2  cards
1.3b Business Revenues , Costs And Profits
What is revenue,
What are the difference between f...,
What is the total costs
7  cards
1.3c Sources Of Business Finance
What is short term sources of fin...,
What are two examples of short te...,
What is trade credit
8  cards
1.4a The Options For Start-up Business
What is limited liability and unl...,
Who is a sole trader,
What is partnership in a business
7  cards
1.4b Franchising
What is franchising,
Advantages of franchising,
Disadvantages of franchising
3  cards
1.4c Business Location
Benefits of e commerce,
How should a business research we...,
Why would a business want to loca...
8  cards
1.4d Marketing Mix
What are the 4p s in marketing mix,
Give one example of how a busines...,
State one way now a business migh...
3  cards
1.4e Business Plans
What is a business plan,
Why is a business plan helpful,
What are the risks associated wit...
3  cards
1.5a Business Stakeholers
What is the difference between a ...,
Difference between public limited...,
Explain one advantage of a busine...
5  cards
1.5b Technology And Business
Disadvantages of using e commerce,
Benefits of digital communication,
Benefits of payment systems
4  cards
1.5c Legislation And Business
What is legislation,
Define the term consumer law,
What do some of laws of the consu...
4  cards
1.5d The Economy And Business
What impacts the economic climate...,
How does unemployment in an area ...,
What is inflation
6  cards

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Business edexcel gsce 9-1 Theme 1

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