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Decks in this class (22)

Exam Structure
What is the structure of a 9 marker,
What is the structure of the 6 ma...,
What is the structure of a 2 marker
10  cards
1.1.1 The Dynamic Nature of Business
Why do new business ideas come about,
I,
How has new business ideas come a...
6  cards
1.1.2 Risks and rewards
Names all the risks,
Equality act,
Why is financial loss a risk
7  cards
1.1.3 The Role of Business Enterprise
What do business do,
How do business add value,
What do entrepreneurs the person ...
6  cards
1.2.1 Customer needs
Name the 4 customer needs,
Why is price important need for c...,
Why is choice important need for ...
11  cards
1.2.2 Primary and secondary research
Different types of primary research,
Different types of secondary rese...,
What s qualitative data
18  cards
1.2.3 Market segmentation
Name 4 types of ways to segment t...,
How do you segment the market usi...,
How do you segment the market using
9  cards
1.2.4 Competitive environment
What does completive environment ...,
Name all the things a business wa...,
Why does lower prices help a busi...
8  cards
1.3.1 Financial aims and objectives
Name 4 financial aims,
Name 4 non financial aims,
Define a aim of the business
8  cards
1.3.2 Calculations
What s the formula for total costs,
What s the formula for margin of ...,
What s the formula for break even...
12  cards
1.3.3 Cash and Cash Flow
What are the 2 types of cash a bu...,
Explain why cash is important to ...,
What s the difference between pro...
9  cards
1.3.4 Sources of finance
Name some short term finaces,
Name some long term finances,
Give a disadvantage of a business...
6  cards
1.4.1 Business Ownership
Give me disadvantages of setting ...,
Give me advantage of setting up a...,
Give me advantage of setting up a...
8  cards
1.4.2 Business Location
Factors influence business location,
Impacts of business being close t...,
Explain why if a business is clos...
6  cards
1.4.3 Marketing mix
Name the 4 elements of the market...,
Explain how promotion is a good e...,
Name diifrent ways of promation
5  cards
1.4.4 Business Plans
What is a business plan,
What things are on a business plan,
Give a advantage of a business pl...
4  cards
1.5.1 Business Stakeholders
What are stakeholders,
Who could be a stakeholder,
Who could be a internal stakeholder
9  cards
1.5.2 Technology and the Business
Name 4 ways that business could u...,
How would technology influence bu...,
How could social media help the b...
7  cards
1.5.3 The economy and business
Name 6 things that impact the bus...,
If unemployment rises what could ...,
If taxation rises and gets worse ...
10  cards
1.5.4 Employment Law
Name some laws that business need...,
Explain,
Explain why is a law
6  cards
1.5.5 External Influences
What does external environment mean,
Factors that can effects the busi...,
Why does changes in technology af...
4  cards

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Business paper 1

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