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By:
Irene Justin
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Decks in this class (25)
1.Factors of production
Business enterprise,
Fixed capital,
Working capital
6
cards
2&3. Motivations and characteristics
Motivation to set up a business,
Entrepreneurial characteristics
2
cards
4&5. Adding value
Define adding value,
Importance to adding value,
How to achieve av
7
cards
6&7. Competitive Advantage
Competitive advantage,
Cost advantage,
Differentiation advantage
3
cards
8. Forms of business ownership
Limited liability,
Sole trader,
Partnership
8
cards
9. Advantage and disadvantages of forms of business ownderships
Sole trader partnership,
Ltdplc,
Social enterprise
4
cards
10. Stakeholder groups and their interests
What is a stakeholder,
Staff,
Owners
9
cards
11. How businesses make effective use social media
Common advantages,
Common disadvantages,
Facebook and websites
8
cards
12. Markets and market forces
Market,
Consumer goods and service market,
Capital goods market
10
cards
13. Analyse Market and Market forces
Consumer goods and services marke...,
Capital goods market b 2 b,
Labour market
5
cards
14. How a business activity is affected by the market
Consumer goods and service market,
Capital goods market,
Labour market
5
cards
15&16. Demand and supply
What is demand,
What is supply,
What is an equilibrium point
7
cards
17. Quality Management
What is quality,
Whats quality management,
Quality management procedures mig...
4
cards
18. Approaches to and measures of quality
Total quality management,
Quality assurance,
Quality control
4
cards
19. Analyse different approaches to quality
0
cards
20. Adv. and Disadv. of Approaches to quality
The need for a quality policy,
Total quality management,
Quality assurance
5
cards
21. Methods of Production
Job production,
Batch production,
Flow production
5
cards
22. Which method of production is most suitable in a particular situation
What is job production best for,
What is batch production best for,
What is flow production best for
9
cards
23. PFNNN
What is productivity,
How can you increase productivity,
Factors affecting productivity pets
7
cards
24. Innovation and R&D
Managerial actions that influence...,
What is productivity
2
cards
25. Factors affecting productivity in relation to Machinery, Skills & Training and Motivation
Machinery,
Skills and training,
Motivation
3
cards
26&27. Organisational Design
What is organisational design,
What does organ,
What is chain of command
6
cards
28. Centralisation and Decentralisation
What does centralised mean,
What does centralised mean,
What does centralised mean
4
cards
29&30. Outsourcing
What is outsourcing,
What are the issues of outsourcin...,
Outsourcing advantages
4
cards
31. People and Investment planning
What s people investment planning...,
What s succession planning,
What s skills audit
4
cards
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Business Studies
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