This class was created by Brainscape user Kay Lonto. Visit their profile to learn more about the creator.
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Kay Lonto
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Decks in this class (14)
1.1 The Purpose and Nature of Business
What is a business,
What is a product,
What is a service
21
cards
1.2 Business Ownership
What is a sole trader,
What is a partnership,
What does a private limited compa...
9
cards
1.3 Setting Business Aims and Objectives
What is survival,
What does making profit mean,
What does maximising your profit ...
17
cards
1.4 Stakeholders
What is a stake holder,
What is an internal stakeholder,
What is an external stakeholder
14
cards
1.5 Location
What does the term business locat...,
What is the business market,
What does the term bulk gaining p...
11
cards
1.6 Business Planning
What is a business plan,
What is one of the key documents ...,
Name a stakeholder that might be ...
12
cards
1.7 Expanding a Business
What are some advantages of expan...,
What are some drawbacks,
What is economies of scale
22
cards
2.1 Technology
What are the advantages of e comm...,
What are the disadvantages of e c...,
How may a business use social media
17
cards
2.2 Ethical and Environmental Considerations
What are ethics,
What are some examples of treatin...,
What are some examples of treatin...
18
cards
2.3 The Economy and Business
What does it mean if someone is u...,
What are the six main ways the ec...,
What are some reasons people are ...
32
cards
2.4 - Globalisation
What is globalisation in business,
What is international trade,
What does importing mean
13
cards
2.5 Legislation
What does the term consumer law r...,
What was the consumer rights act ...,
What was the consumer protection ...
11
cards
2.6 - The Competitive Markets
Where does a market exist,
What is a competitor to a business,
What does competition in business
11
cards
3.1 Production
0
cards
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gcse business studies
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