This class was created by Brainscape user Luna Perez-Escolar.

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Decks in this class (49)

4.5 Marketing PLACE
Define place 1,
Define distribution channels 2,
What are the 4 types of distribut...
9  cards
4.5 Marketing Promtion
Define promotion 1,
What are the 3 types of promotion 2,
Define above the line atl promoti...
20  cards
4.5 Marketing PEOPLE + PROCESSES
Define people 1,
State 5 reasons why people matter...,
Challenges in employee implementa...
7  cards
4.5 Marketing PHYSICAL EVIDENCE
Define physical evidence 1,
Why is physical evidence importan...,
State 7 key types of physical evi...
10  cards
4.5 APPROPRIATE MARKETING MIX
What is meant by an appropriate m...,
How does the product life cycle a...,
How does the bcg matrix influence...
12  cards
4.6 Marketing INTERNATIONAL
Define international marketing 1,
Define opportunities 2,
What are 6 key opportunities of o...
7  cards
3.1 Introduction To Finance
State 4 reasons of the importance...,
Define capital expenditure state ...,
State 3 impacts of capital expend...
9  cards
3.2 Internal Sources Of Finance
Define internal sources of financ...,
Define personal funds 2,
Evaluate personal funds 3
7  cards
3.2 External Sources Of Fiance
Define external sources of financ...,
Define share capital equity capit...,
Evaluate share capital 4 4 3
19  cards
3.2 Appropriateness of Short- & Long-Term Finance
Define short term finance 1,
Give 4 examples of short term fin...,
Evaluate short term finance 3
16  cards
3.3 Costs & Revenue
Define costs 1,
Define fixed costs state examples 2,
Define variable costs 3
9  cards
3.4 Final Accounts Pt. 1
Define final accounts 1,
State the purpose of final accoun...,
Define statement of profit or los...
23  cards
4.1 Introduction To Marketing
Define marketing 1,
Define needs and wants 2,
State the 4 roles of marketing 3
13  cards
4.2 Marketing Planning
Define marketing planning 1,
State 4 key components of market ...,
Evaluate market planning 3
21  cards
4.3 Sales Forecasting
Define sales forecasting 1,
State 3 challenges of sales forec...,
State 5 advantages of sales forec...
6  cards
4.4 Market Research
Define market research 1,
6 reasons to conduct market resea...,
Define primary market research 3
22  cards
4.5 Marketin Mix Definitions
Define marketing mix 1,
Define product 2,
Define price 3
9  cards
4.5 PRODUCT
Define product 1,
What are the 2 product types 2,
Define product life cycle 3
25  cards
4.5 PRICE
Define price 1,
Define cost plus 2,
Evaluate cost plus 3
24  cards
1.1 What Is A Busienss
Devine a business 1,
Why do businesses exist 2,
What are the 4 factors of product...
20  cards
1.2 - Types Of Organisations
Define the private sector 1,
State contribution operations and...,
Define the public sector 3
24  cards
1.3 Organisational Objectives
Define a vision statement 1,
Define a mission statement 2,
Evaluate having a mission stateme...
23  cards
1.4 Stakeholders + Entrepeneurship
Define stakeholders 1,
Define internal stakeholders stat...,
Define external stakeholders stat...
19  cards
1.5 Economies & Diseconomies Of Scale
Define economies of scale 1,
Define diseconomies of scale 2,
Define productive efficiency 3
20  cards
1.5 Pt 2 : Types Of Business Growth
Reasons to stay small 1,
Advantages of staying small 2,
Disadvantages of staying small 3
30  cards
1.6 Multinational Companies
Define globalisation 1,
Define a multinational company 2,
State 2 features of a multination...
9  cards
3.5 Profitability & Liquidity Ratio Analysis
Define ratio analysis 1,
What are profitability ratios 2,
What is gross profit margin 3
22  cards
3.6 Effieciency Ratio Analysis
State the purpose of efficiency r...,
What is stock turnover ratio 2,
What does stock turnover times te...
18  cards
3.4 Pt 2 —> Intangible Assets & Depreciation
Define intangible assets 1,
State 5 types of intangible assets 2,
Define goodwill 3
18  cards
3.7 Cash Flow
Define cash flow 1,
State 5 reasons for the importanc...,
Compare cash flow vs profit 3
17  cards
Formulas
Working capital 1,
Capita employed formula booklet g...,
Market share formula 3
7  cards
3.8 Investment Appraisal
What is investment appraisal 1,
What is the purpose of investment...,
What are the three main types of ...
21  cards
3.9 Budgets
What is a budget 1,
What is the purpose of budgets 2,
What is importance of budgets 3
18  cards
2.1 - Introduction To HRM
What is human resource management...,
What are the main functions of hrm 2,
What is human resource planning 3
9  cards
2.2 - Oranisational Structure
What is an organisational structu...,
What is delegation 2,
What is span of control 3
21  cards
2.3 Leadership And Management
What is management 1,
What is leadership 2,
What do managers focus on 3
21  cards
2.4 - Pt.1 —> Motivational Theories
Define motivation 1,
Define demotivation and state its...,
State the main effects of demotiv...
19  cards
2.4 - Pt. 2 —> Labour Turnover
Define labour turnover and give i...,
How is employee retention calcula...,
What are the main reasons employe...
8  cards
2.4 - Pt. 3 —> Types Of Appraisal
Define appraisal and state its ma...,
Define formative appraisal and ex...,
State 2 advantages and 2 disadvan...
9  cards
2.4 - Pt. 4 —> Methods Of Recruitment & Types Of Training
What is recruitment and what are ...,
Define internal recruitment and s...,
Define external recruitment and s...
10  cards
2.4 - Pt. 5 - Financial + Non-financial Rewards
Define financial and non financia...,
Define salary and state its advan...,
Define wages and distinguish betw...
14  cards
2.5 — Organisational Culture
What is organisational corporate ...,
What does organisational culture ...,
Why is corporate culture important 3
30  cards
2.6 — Communication
Evaluate why communication is cen...,
What is communication 2,
What are the purpose objectives o...
31  cards
2.7 Industrial / Employee Relations
What is the big idea of industria...,
What is conflict in the workplace 2,
What are the core sources of conf...
29  cards
BMT Circular Business Models
What is the difference between a ...,
What are circular business models...,
What are the five oecd circular b...
13  cards
5.1 — Role of Operations Management
Define operations management 1,
Define production 2,
What is added value 3
8  cards
5.2 — Operations Methods
Define operations methods 1,
What are the 4 operations methods 2,
What is job production 3
15  cards
5.3 — Lean Production (pt. 1)
Define lean production 1,
What is less waste in lean effici...,
What is greater efficiency in ela...
13  cards
5.3 — Quality Management (pt. 2)
What are the 2 types of quality m...,
What is quality control 2,
Evaluate quality control 3
15  cards

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Business IB HL

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