This class was created by Brainscape user Edward Hayes Year 10. Visit their profile to learn more about the creator.

Decks in this class (15)

2.3.2 Working with Suppliers
Just in time jit,
Buffer stock,
Definition of re order level
12  cards
2.3.1 Business Operations
What is flow production,
One advantage of flow production,
One disadvantage of flow production
12  cards
2.3.3 Managing Quality
What does quality mean,
What is meant by quality control,
What is meant by
10  cards
2.1.2 Changes in Business Aims and Objectives
What are some financial aims for ...,
What are some non financial aims ...,
What is the difference between an...
5  cards
1.4.4 Business Plans
Sources of external finance,
Components of business plan,
Why do new business ideas come about
6  cards
2.3.4 The Sales Proces
Benefits of having good product k...,
2  cards
2.4.1 Business Calculations
Calculation for gross profit,
Calculation for net profit,
What is an income statement
6  cards
2.5.1 Organisational Structure
What is an organisational structure,
Subordinate,
Span of co
6  cards
1.1.1 The Dynamic Nature of Business
What is the dynamic nature of bus...,
What is venture capital
2  cards
1.1.2 Why new business ideas come about
What is demand,
What is an entrepreneur,
What does it mean when a product ...
3  cards
1.1.3 How new business ideas come about
What are the two ways new busines...,
What does it mean to have a compe...,
What does it mean to adapt an exi...
4  cards
1.1.4 Risk and Reward
What are the risks of starting a ...,
What are the rewards of starting ...
2  cards
1.1.5 The role of business enterprise
What are the two roles of a busin...,
What is the difference between cu...
2  cards
1.1.6 Adding value
How can a business add value to a...,
What is branding,
What is a unique selling point usp
5  cards
1.1.7 Entrepreneurship
What is the role of an entrepreneur,
What are the main reasons that st...,
What is meant by human resources
3  cards

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Business Studies

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