Business unit 1

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Decks in this class (25)

Starting A Business
Why are businesses setup,
What is a primary business,
What is a secondary business
13  cards
Setting Business Aims & Objectives
What is an aim,
What is an objective,
Why do businesses set objectives
6  cards
Business Planning
What is the purpose of a business...,
Why are business plans important,
What are the difficulties in writ...
5  cards
Choosing The Appropriate Legal Structure
What is a sole trader,
What is a partnership,
What is a private limited company...
11  cards
Location
What is location,
What are the factors that influen...
2  cards
Marketing
What is marketing,
Why is marketing important,
Niche
17  cards
Market Research
What is market research,
What is primary research,
Advantages and disadvantages of a...
7  cards
Marketing Mix
What is marketing mix,
What is product mix,
What is product range
9  cards
Price & Promotion
What are the main pricing strateg...,
Why is price important,
What is the relationship between ...
9  cards
Place, Ecommerce and distribution channels
Why is place important,
Traditional distribution channel ...,
Advantages of traditional distrib...
15  cards
Sources Of Finance
What is finance,
Why is there a need for finance,
What are the difficulties in rais...
13  cards
Support For Start Ups
Why do start ups need support fro...,
How do private websites support s...,
How do business links support sta...
7  cards
Financial Terms
What is a cost,
What is a fixed cost,
What is a variable cost
13  cards
Cash Flow
What is cash flow,
Why is cashflow important,
What is a receipt
13  cards
Roles
What is a role,
What role does a team worker have,
What role does a manager have
10  cards
Recruitment
What is recruitment,
Why do businesses need to recruit,
What is internal recruitment
14  cards
Remuneration
What is remuneration,
What is the difference between a ...,
What factors can influence how mu...
13  cards
Motivation
What is motivation,
Why do people want to work,
What are the benefits of having a...
4  cards
Employment Law
What is a law,
Why are laws important,
What are the legal responsibiliti...
5  cards
Methods Of Production
What is production,
What is the difference between ba...,
Disadvantages of batch production
9  cards
Operational Efficiency
What is operational efficiency,
What is a unit cost,
How is productivity calculated
5  cards
Technology
What is technology,
4 examples of technology used in ...,
What is cad
8  cards
Quality
What is quality,
What can make a product poor quality,
What are customer expectations of...
10  cards
Importance Of Customer Service
What is customer service,
What are the four features of cus...,
Examples how customer service can...
5  cards
Consumer Protection
What is consumer protection,
Reasons why we have consumer prot...,
Explain how consumer protection c...
4  cards

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Business unit 1

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