Business- Theme 2

This class was created by Brainscape user Amaia rajan. Visit their profile to learn more about the creator.

Decks in this class (18)

internal finance
Explain finance,
What are some reasons for raising...,
Explain personal savings as finance
8  cards
External finance
Define external finance,
What is the difference between a ...,
List some sources of finance
25  cards
Liability
Define the term limited liability,
Define the term unlimited liability,
What business forms most commonly...
7  cards
Planning
Why does a business write a busin...,
What is a business plan,
What is included on a business plan
14  cards
Sales forecasting
What is a sales forecast,
List the different purposes of sa...,
Explain avoiding cash flow proble...
15  cards
Sales, revenue and costs
What is the formula and definitio...,
What is the sales revenue definit...,
Define fixed costs
6  cards
Break even
Define the term breakeven,
What is contribution,
What is the formula for contribution
9  cards
Budgets
What is a budget,
What is a variance,
What is an expenditure budget
14  cards
Profit
Define profit,
What is a statement of comprehens...,
What is the formula for gross profit
12  cards
Liquidity
What is liquidity,
Explain turning assets into cash ...,
What is a statement of financial ...
16  cards
Business failure
Define business failure,
Why are some shops closing,
List the different internal cause...
26  cards
Production, productivity and efficiency
Define productivity,
Define production,
What is production and factors of...
40  cards
Capacity utilisation
Define capacity utilisation,
What is the formula for capacity ...,
Explain resources and capacity ut...
10  cards
Stock control
Define the term stock control,
What is stock,
Explain how stock management diag...
17  cards
Quality management
Define quality,
What is quality control,
What is designed in quality assur...
13  cards
Economic influences
Define the term economic influence,
What is inflation,
What is the consumer price index
24  cards
Legislation
Define legislation,
Explain how the consumer rights a...,
Explain consumer protection law
20  cards
The competitive environment
Define the term competition,
List the different impacts compet...,
Explain the impact of competition...
6  cards

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Business- Theme 2

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