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 1,
The role of business 2,
Good can be classified as 3
27  cards
1.2 Types of organizations
Public sector 1,
State owned enterprises 2,
Private sector 3
35  cards
1.3 Organizational objectives
Vision statement 1,
Mission statement 2,
Business aims 3
25  cards
1.4 Stakeholders
Stakeholders 1,
Internal stakeholders 2,
External stakeholders 3
12  cards
1.5 External environment
Steeple analysis 1,
Social factor in steeple 2,
Technological factor in steeple 3
8  cards
1.6 Growth and evolution
Economies of scale 1,
Types of economies of scale 2,
Purchasing economies bulk buying ...
28  cards
1.7 Organizational tools
Fishbone diagram 1,
Value of the fishbone diagram 2,
Decision tree 3
8  cards
2.1 Functions and evolution of HR
Human resource management hrm 1,
Hr includes 2,
Two main stages of human resource...
34  cards
2.2 Organizational structure
Organization chart 1,
Delegation 2,
Advantages of delegation 3
30  cards
2.3 Leadership and management
Key functions of management 1,
Styles of leadership and manageme...,
Autocratic leadership style 3
8  cards
2.4 Motivation
The role of motivation 1,
Intrinsic motivation 2,
Extrinsic motivation 3
27  cards
2.5 Organizational culture
Organisational culture 1,
Elements of organizational cultur...,
The importance of understanding 3
11  cards
2.6 Industrial/ employee relations
Negotation 1,
Collective barganing 2,
Trade union 3
17  cards
3.1 Sources of finance
Role of finance for a business 1,
Capital expanditure 2,
Revenue expenditure 3
24  cards
3.2 Cost and revenue
Types of costs 1,
Fixed cost fc 2,
Variable cost vc 3
10  cards
3.3 Break-even analysis
Contribution per unit formula 1,
Total contribution formula 2,
Break even chart 3
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 1,
The purpose of ratio analysis 2,
Profitability ratios 3
14  cards
3.6 Efficiency ratio
Ratio analysis 1,
Efficiency ratios 2,
The stock turnover ratio inventor...
15  cards
3.7 Cash flow
Cash flow 1,
Cash flow forecasting 2,
Working capital 3
18  cards
3.8 Investment appraisal
Investment appraisal 1,
Payback period pbp 2,
Payback period pbp formula 3
16  cards
3.9 Budgets
Functions of budgets 1,
Cost centres 2,
Profit centres 3
9  cards
4.1 The role of marketing
Marketing 1,
Functions of marketing 2,
Coordinating marketing with other...
27  cards
4.2 Market planning
Market planning 1,
Main elements of a marketing plan 2,
Role of market planning 3
25  cards
4.3 Sales forecasting
Sales forecasting 1,
Quantitative sales forecasting me...,
Exploration sales forecasting 3
18  cards
4.4 Market research
Market research 1,
Why organizations carry out marke...,
Primary research 3
22  cards
4.5/ 4.6 The seven P's
The 7 ps 1,
Product life cycle 2,
Stages of product life cycle 3
61  cards
4.7 International marketing
International marketing 1,
Methods of entry into internation...,
Exporting methods of entry into i...
16  cards
4.8 E-commerce
E commerce 1,
Features of e commerce 2,
E commerce and place marketing mix 3
14  cards
5.1 The role of operations management
Operations management 1,
Operations management with relati...,
Operations management with relati...
18  cards
5.2 Production methods
Methods of production 1,
Job production 2,
Advantages of job production 3
13  cards
5.3 Lean production and quality management
Lean production 1,
Features of lean production 2,
Less waste 3
39  cards
5.4 Location
Characteristics of location decis...,
Qualitative factors influencing l...,
Quantitative factors influencing ...
12  cards
5.5 Production planning
Supply chain 1,
Supply chain management 2,
Key functions of supply chain man...
16  cards
5.6 Research and development
Research and development r d 1,
Why is research and development i...,
Limitations of research and devel...
12  cards
5.7 Crisis management and contingency planning
Contingency planning 1,
Crisis management 2,
Factors that affect effective cri...
11  cards
Formulas
Revenue 1,
Total variable cost tvc 2,
Total cost tc 3
23  cards

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Business Management

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