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

Decks in this class (44)

Sectors of Industry
What are the 4 sectors of industry,
Describe the primary sector,
Describe the secondary sector
5  cards
Sectors of Economy
What are the 3 sectors of economy,
Describe the private sector,
Describe the public sector
4  cards
Private Limited Companies
What are the features of a privat...,
Describe the advantages of a priv...,
Describe the disadvantages of a p...
4  cards
Public Limited Companies
Describe the features of a public...,
Describe the advantages of public...,
Describe the disadvantages of pub...
3  cards
Franchises
What is a franchise,
What is the franchiser,
What is the franchisee
7  cards
Multinationals
What is a multinational,
Advantages of multinationals,
Disadvantages of multinationals
3  cards
The Public Sector
What is the public sector,
What are the key features of publ...,
What is nationalising
4  cards
The Third Sector
What is the third sector,
What are the key features of a ch...,
What are the advantages of being ...
7  cards
Objectives
What are the factors affecting ob...,
What are the main objectives,
What is maximising profits
13  cards
Methods of Growth
What are the 7 methods of growth,
Describe internal organic growth,
What are the methods of internal ...
20  cards
Ways to Achieve Growth
What are the 5 ways of achieving ...,
What s a takeover,
What are the advantages of a take...
7  cards
Ways of Funding Growth
What are the 7 ways of funding gr...,
What s retained profits,
What s divestment
14  cards
PESTEC- Political
What are the 5 political factors,
What s a positive impact of chang...,
What s a negative impact of chang...
18  cards
PESTEC- Economic
What are the 3 stages of the econ...,
What s a boom,
What impact does a boom have on a...
19  cards
PESTEC- Social
What are the 6 social factors,
Whats a positive impact of the uk...,
Whats a negative impact of the uk...
13  cards
PESTEC- Technological
What are the 4 technological factors,
What s a positive impact of cloud...,
What s a negative impact of cloud...
9  cards
PESTEC- Environmental
What are the 3 environmental factors,
What s a positive impact of weather,
What s a negative of weather
7  cards
PESTEC- Competitive
What are the positive impacts of ...,
What are the negative impacts of ...
2  cards
Internal Factors
What are the 4 internal factors,
Explain examples for finance,
Explain examples for staff
5  cards
Stakeholders
What are examples of stakeholders,
What is conflict of interest,
What are some conflicting stakeho...
14  cards
Structures
What are the 7 structures,
What is a tall structure,
What are advantages of a tall str...
22  cards
Groupings
What is a functional grouping,
What is a location grouping,
What is a product service grouping
15  cards
Types of Decisions
What are the 3 types of decisions,
What is the purpose of strategic ...,
What is the length of strategic d...
13  cards
SWOT Analysis
What does swot stand for,
What are strengths of an organisa...,
What are weaknesses of an organis...
8  cards
Factors affecting the quality of decisions
What are the 4 factors,
How can human resources affect de...,
How does availability of finance ...
5  cards
Role of a manager
What are the 7 roles poccc dm,
Plan,
Organise
9  cards
Customers
Compare market led and product led
1  cards
Market Research
What is desk research,
What is field research,
What are the advantages of desk r...
12  cards
Methods of Field Research
What are the 9 methods of field r...,
What is a telephone survey,
What are the advantages of teleph...
28  cards
Product Life Cycle
What are the stages of the produc...,
What happens during the introduct...,
What s the impact on sales in the...
19  cards
Extension Strategies
What are the 7 extension strategies,
What s the impact of lowering the...,
What s the impact of changing the...
8  cards
Product Portfolio
What are the 2 types of product p...,
What is a product line portfolio,
What is a diversified product por...
21  cards
Price
What are the 8 pricing strategies,
What is cost plus pricing,
What are the advantages of cost p...
31  cards
Place- factors and direct selling
What are the factor affecting the...,
Finance available,
Desired image for the product
23  cards
Place- retailers
What is a retailer,
What are the disadvantages of sel...,
What are the 6 retailer types
21  cards
Place- wholesalers
What are the advantages of wholes...,
What are the disadvantages of who...,
What are the advantages of wholes...
4  cards
Promotion- into the pipeline
What are the 5 into the pipeline ...,
What is trade credit,
What are the advantages of trade ...
16  cards
Promotion- out of the pipeline
What are the 8 out of the pipelin...,
What are special offers,
What are the advantages of specia...
22  cards
Promotion- PR
What are the 8 methods of pr,
What are press conferences,
What are the advantages of press ...
19  cards
Promotion-factors
0  cards
People
What are the 5 methods,
Justification of training staff t...,
Justification of regularly updati...
6  cards
Process
What are the 5 methods,
Justification of ensuring that ou...,
Justification of offering live ch...
6  cards
Physical Evidence
What are the 4 methods,
Justification of premises and veh...,
Justification of settings conveyi...
5  cards
Technology
Explain the benefits to a busines...,
What are the advantages of using ...,
What are the disadvantages of usi...
5  cards

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Higher Business Management

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