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

Decks in this class (18)

1.1 Sectors Of Industry- Understanding Business
Primary,
Secondary,
Tertiary
25  cards
2.1 Stock Control Management- Operations
Maximum economic stock level,
Minimum stock level,
Re order level
18  cards
2.2 Quality Management- Operations
Consumers perspective of good qua...,
Producers perspective of good qua...,
Quality control
22  cards
1.2 Business Objectives- Understanding Business
Private sector business objectives,
Not for profit organisation objec...,
Public sector organisations
20  cards
1.3 Internal Organisation And Grouping Of Activites- Understanding Business
Functional groupings departments,
Advantages of functional grouping,
Disadvantages of functional group...
24  cards
2.1 Factors Effecting The Operation Of Business- Understanding Buiness
Corporate culture,
Advantages of corporate culture,
Disadvantages of corporate culture
14  cards
2.2 External Factors- Understanding Business
Political legal factors,
Economic factors,
Socio cultural demographic factors
6  cards
2.3 Stakeholders- Understanding Business
What is a stakeholder,
Conflicting aims interests of sta...,
Interdependence of stakeholders
6  cards
1.1 Core Marketing- Marketing
Identifying current requirements ...,
Anticipate future requirements of...,
Satisfy requirements of customers
41  cards
1.2 The Marketing Mix- Marketing
Product,
Price,
Place
49  cards
2.3 Production Methods- Operations
Job production,
Advantages of job production,
Disadvantages to job production
19  cards
2.3 Factors Affecting Choice Of Production Method- Operations
The nature of the product,
The size of the market quantity o...,
The size of the business
7  cards
2.4 Technology In Operations- Operations
Computer aided design,
Advantages of cad,
Disadvantages of cad
11  cards
1.1 Managing Human Resources Effecitvely- Human Resources
Recruitment,
Selection,
Internal sources of recruitment
76  cards
1.2 Motivation And Leadership- Human Resources
Maslow theory,
Herzberg theory,
Methods managers can use to motiv...
18  cards
1.3 Employee Relations- Human Resources
Employee relations policies,
Impact of positive employee relat...,
Industrial action by employers
30  cards
1.4 Employment Law- Human Resources
Equality act 2010 sex and pay dis...,
Equality act 2010 disability disc...,
Equality act 2010 race relations
9  cards
2.1 Sources Of Finance- Finance
Sources of finance,
Bank overdraft,
Advantage of bank overdraft
37  cards

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Business Management

  • Class purpose General learning

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