Business Studies

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Decks in this class (22)

THEME 1: SECTION 1 (MEETING CUSTOMER NEEDS)
Define the term market,
Define market markets,
Define niche markets
28  cards
THEME 1 SECTION 2: ( THE MARKET )
What factors can lead to changes ...,
What are 3 factors that can lead ...,
What happens when supply exceeds ...
12  cards
THEME 1 SECTION 3: (MARKETING MIX AND STRATEGY)
Changes to the design mix to refl...,
2 types of promotion,
2 types of branding and the benefits
18  cards
THEME 1:SECTION 4 (managing people)
Explain the difference between re...,
What are the three types of training,
Define chain of command
23  cards
THEME 1: SECTION 5 (entrepreneurs and leaders)
3 reasons why entrepreneurs set u...,
3 characteristics of an entrepreneur,
2 barriers to entrepreneurship
20  cards
THEME 2: SECTION 1 (RAISING FINANCE)
What are the three types of inter...,
What will the business consider b...,
What is the difference between a ...
21  cards
THEME 2: SECTION 2 (FINANCIAL PLANNING)
What is sales forecasting and how...,
What can sales forecasting help t...,
What factors affect sales forecas...
22  cards
THEME 2: SECTION 3 (MANAGING FINANACE)
Formula for gross profit,
Formula for operating profit,
Formula for net profit
21  cards
THEME 2: SECTION 4 (RECOURSE MANAGEMENT)
What are the 4 main methods of pr...,
Formula for capacity utilisation,
What are lean production and jit ...
21  cards
THEME 2 :SECTION 5 (EXTERNAL INFLUENCE)
Define inflation,
Define the term cpi,
What are exchange rates
13  cards
THEME 3 - SECTION 1 (CORPORATE OBJECTIVES)
Define mission statement,
Drawbacks of the missione statement,
Advantages of the mission statement
19  cards
THEME 3 :SECTION 2 (BUSINESS GROWTH)
Define the term objective,
Define business growth,
What objectives are made to creat...
14  cards
THEME 3 :SECTION 3 (DECISION MAKING )
What is sales forecasting,
What is quantitative sales foreca...,
What is time series analysis
23  cards
THEME 3 : SECTION 4 (INFLUENCES ON BUSINESS DECISIONS)
What is short termism and long te...,
What are the two types of decisio...,
What are the 4 main types of corp...
19  cards
THEME 3: SECTION 5 (ASSESSING COMPETITIVENESS)
What is a statement of comprehens...,
What is a statement of financial ...,
Key information about profit and ...
33  cards
THEME 3: SECTIONE 6 (MANAGING CHANGE)
What internal factors can lead to...,
How can organisational change eff...,
How can organisational change eff...
24  cards
THEME 4 :SECTION 1 (GLOBALISATION)
What are the 4 indicators of growth,
Define gdp and gdp per capita,
Explain what hdi is and why it is...
26  cards
THEM 4: SECTION 2 (GLOBAL MARKETS AND BUSINESS EXPANSION)
Identify and explain the 2 push f...,
Identify and explain the 2 pull f...,
Define offshoring
17  cards
THEME 4: SECTION 3 ( GLOBAL MARKETING)
Define global localisation,
Define global marketing strategy,
What are the different approaches...
16  cards
THEME 4: SECTION 4 ( MNC's)
Define multinational corporations,
2 positive impacts of mnc s on th...,
2 negative impacts of mnc s on th...
15  cards
Paper 1 : Equations
The formula for price elasticity ...,
The formula for income elasticity...,
The formula for percentage mark up
4  cards
Paper 2 : Equations
Formula for net cash flow in a ca...,
Formula for sales revenue,
Formula for sales volume
38  cards

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Business Studies

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