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olivia lord
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Decks in this class (25)
analysing financial performance: profit
What s variance 1,
What s variance analysis 2,
What s is favourable variance 3
15
cards
setting financial objectives
What s revenue 1,
What are costs 2,
Profit is 3
13
cards
understanding the nature and purpose of business
Define corporate aims 1,
A corporate objective is 2,
What are fixed costs 3
12
cards
understanding different business forms
Define what private sector is 1,
What is unlimited liability 2,
Define limited liability 3
23
cards
business and the external environment
Define market conditions 1,
What is competition 2,
What are real incomes 3
15
cards
managers, leaders and decision making
Define leadership 1,
What s an autocratic authoritarian 2,
Define paternalistic 3
13
cards
making strategic decisions
What are programmed decisions 1,
Non programmed decisions are 2,
Define scientific decision making 3
12
cards
role and importance of stakeholders
What is a stakeholder 1,
What are the 3 main internal stak...,
What are the 6 main external stak...
12
cards
setting market objectives
What are marketing objectives 1,
Define market growth 2,
What s market share 3
14
cards
markets and customers
What will the degree of confidenc...,
Define the confidence interval 2,
What is market mapping 3
27
cards
market segmentation targeting and positioning
What is a market segment 1,
What s targeting 2,
What s a mass market 3
12
cards
formulas
Revenue 1,
Total costs 2,
Unit cost per unit 3
40
cards
analysing human resource performance
What s labour turnover 1,
What are retention rates 2,
Define employee costs as a percen...
7
cards
setting operational objectives
Define operations objective 1,
What are costs 2,
What does pestel stand for 3
18
cards
marketing mix
What are the 7p s 1,
What are industrial goods 2,
Define consumer goods 3
26
cards
making human resource decision- improving motivation and engagement
What s extrinsic motivation 1,
Define intrinsic motivation 2,
What are schools of thought 3
10
cards
analysing operational performance
What are unit costs 1,
What s capacity 2,
What is capacity utilisation 3
7
cards
operational decisions- increasing effiency and productivity
What s efficiency 1,
Define labour productivity 2,
What s lean production 3
18
cards
improving qualiy to improve performance
Define quality control 1,
What s quality assurance 2,
Define total quality management t...
8
cards
managing inventory and supply chains
What are the three types of stock 1,
Define mass customisation 2,
What is outsourcing 3
22
cards
analysing financial performance: improving cash flow
What are payables 1,
What are receivables 2,
What is a creditor 3
15
cards
sources of finance
What are external sources of fina...,
Define debt factoring 2,
What s an overdraft 3
16
cards
setting human resource objectives
What is a hr objective 1,
What are hard hrm strategies 2,
What are soft hrm strategies 3
15
cards
human resource decision: improving organisational design and managing the human resource flow
What is authority 1,
What s responsibility 2,
Define delegation 3
20
cards
motivation in practice
Define commission 1,
What is piece rate 2,
Define performance related pay 3
10
cards
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business studies
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