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Yasmin Ahmad
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Decks in this class (22)
types of finance
What is retained profit is it sho...,
Retained profits advantages and d...,
What is sales of assets short or ...
25
cards
formulas
Sales revenue formula,
Gross profit formula,
Operating profit
10
cards
sales revenue and costs
What is the sales revenue formula,
What are variable costs,
What are fixed costs
14
cards
different types of profit
What is profit formula,
What is gross profit,
Gross profit formula
13
cards
job, batch, flow and cell production
What is job production,
Adv and disadv job production,
What is batch production
8
cards
stock control, lean production&comp adv
What is just in case jic,
What is just in time jit,
What is buffer stock
9
cards
external influences
What is inflation,
How would inflation affect a busi...,
What is shoe leather costs
9
cards
variance analysis
Favourable income,
Adverse income,
Favourable expenditure
7
cards
exam topics
What is the formula for sales rev...,
What is the formula for total costs,
What is revenue variance
38
cards
break even
What is the formula for contribut...,
What are the 2 formulas for total...,
Define contribution
13
cards
planning
How relevant is a business plan w...,
What does a business plan contain,
What is a cash flow forecast
9
cards
sales forecasting
Define sales forecasting,
What is the purpose of sales fore...,
List 3 factors affecting sales fo...
16
cards
budgeting
What is a budget,
What are 3 purposes of budgets,
What are the 2 key types of budget
16
cards
liquidity
Define liquidity,
What is a balance sheet,
What are assets
22
cards
business failure
Internal causes of business failure,
External causes of business failure,
Financial causes of business failure
4
cards
productivity
Define productivity,
Labour productivity,
Calculation for labour productivity
14
cards
capacity utilisation
Define,
Formula for capacity utilisation,
Negative implications of under ut...
7
cards
stock control
What is buffer stock,
What are stockpile goods,
What is the lead time on a stock ...
14
cards
quality management
Why do business go through qualit...,
What is quality control,
What is quality assurance
10
cards
economic influences
What is inflation,
How does inflation affect busines...,
How does inflation affect busines...
31
cards
legislation
What is consumer protection,
How does consumer legislation aff...,
How does consumer legislation aff...
25
cards
the competitive environment
Determinants of competitiveness,
Impact on businesses of a competi...,
Impact on businesses of a competi...
12
cards
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Business Theme 2
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