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

Decks in this class (37)

1.1 Introduction to business management
Business,
The role of business,
Good can be classified as
27  cards
1.2 Types of organizations
Public sector,
State owned enterprises,
Private sector
35  cards
1.3 Organizational objectives
Vision statement,
Mission statement,
Business aims
25  cards
1.4 Stakeholders
Stakeholders,
Internal stakeholders,
External stakeholders
12  cards
1.5 External environment
Steeple analysis,
Social factor in steeple,
Technological factor in steeple
8  cards
1.6 Growth and evolution
Economies of scale,
Types of economies of scale,
Purchasing economies bulk buying ...
28  cards
1.7 Organizational tools
Fishbone diagram,
Value of the fishbone diagram,
Decision tree
8  cards
2.1 Functions and evolution of HR
Human resource management hrm,
Hr includes,
Two main stages of human resource...
34  cards
2.2 Organizational structure
Organization chart,
Delegation,
Advantages of delegation
30  cards
2.3 Leadership and management
Key functions of management,
Styles of leadership and management,
Autocratic leadership style
8  cards
2.4 Motivation
The role of motivation,
Intrinsic motivation,
Extrinsic motivation
27  cards
2.5 Organizational culture
Organisational culture,
Elements of organizational cultur...,
The importance of understandingor...
11  cards
2.6 Industrial/ employee relations
Negotation,
Collective barganing,
Trade union
17  cards
3.1 Sources of finance
Role of finance for a business,
Capital expanditure,
Revenue expenditure
24  cards
3.2 Cost and revenue
Types of costs,
Fixed cost fc,
Variable cost vc
10  cards
3.3 Break-even analysis
Contribution per unit formula,
Total contribution formula,
Break even chart
14  cards
3.4 Financial accounts
All companies must provide a set ...,
The various stakeholders in a bus...,
The principles and ethics of acco...
15  cards
3.5 Profitability and liquidity ratio analysis
Liquidity,
The purpose of ratio analysis,
Profitability ratios
14  cards
3.6 Efficiency ratio
Ratio analysis,
Efficiency ratios,
The stock turnover ratio inventor...
15  cards
3.7 Cash flow
Cash flow,
Cash flow forecasting,
Working capital
18  cards
3.8 Investment appraisal
Investment appraisal,
Payback period pbp,
Payback period pbp formula
16  cards
3.9 Budgets
Functions of budgets,
Cost centre,
Profit centers
9  cards
4.1 The role of marketing
Marketing,
Functions of marketing,
Coordinating marketing with other...
27  cards
4.2 Market planning
Market planning,
Main elements of a marketing plan,
Role of market planning
25  cards
4.3 Sales forecasting
Sales forecasting,
Quantitative sales forecasting me...,
Exploration sales forecasting
18  cards
4.4 Market research
Market research,
Why organizations carry out marke...,
Primary research
22  cards
4.5/ 4.6 The seven P's
The 7 ps,
Product life cycle,
Stages of product life cycle
61  cards
4.7 International marketing
International marketing,
Methods of entry into internation...,
Exporting methods of entry into i...
16  cards
4.8 E-commerce
E commerce,
Features of e commerce,
E commerce and place marketing mix
14  cards
5.1 The role of operations management
Operations management,
Operations management with relati...,
Operations management with relati...
18  cards
5.2 Production methods
Methods of production,
Job production,
Advantages of job production
13  cards
5.3 Lean production and quality management
Lean production,
Features of lean production,
Less waste
39  cards
5.4 Location
Characteristics of location decis...,
Qualitative factors influencing l...,
Quantitative factors influencing ...
12  cards
5.5 Production planning
Supply chain,
Supply chain management,
Key functions of supply chain man...
16  cards
5.6 Research and development
Research and development r d,
Why is research and development i...,
Limitations of research and devel...
12  cards
5.7 Crisis management and contingency planning
Contingency planning,
Crisis management,
Factors that affect effective cri...
11  cards
Formulas
Revenue,
Total variable cost,
Total cost tc
23  cards

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Business Management

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