This class was created by Brainscape user Darcey Lamont.

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Decks in this class (45)

1.1 what is a business
Business define 1,
4 ways good and service differ 2,
4 factors of production 3
18  cards
1.2 types of business entities
Private sector 1,
Public sector 2,
Sole traders 3
30  cards
1.3 business objectives
Mission statement 1,
Vision statement 2,
Criticisms of mission and vision ...
16  cards
1.4 stakeholders
Stakeholders 1,
Employees 6 internal external 2,
Managers 3 internal external 3
14  cards
1.5 growth and evolution
Internal eos 1,
7 examples of internal eos 2,
External eos 3
27  cards
1.6 multinational companies
Multinational businesses 1,
Benefits to a business of becomin...,
Impact of multinationals on stake...
5  cards
2.1 intro to hr management
0  cards
2.2 organisational structure
0  cards
2.3 leadership and management
0  cards
2.4 motivation and demotivation
0  cards
2.5 organisational culture
0  cards
2.6 communication
0  cards
2.7 industrial employee relations
0  cards
3.1 into to finacne
Capital expenditure 1,
Examples capital expenditure 4 2,
Revenue expenditure 3
4  cards
3.2 sources of finance
Internal sources of finance 3 1,
External sources of finance 8 2,
Personal funds for sole traders 3
42  cards
3.3 cost and revenues
Costs 1,
Fixed cost with example 4 2,
Variable cost with example 3 3
10  cards
3.4 final accounts
Depreciation 1,
Depreciation is due to 2 2,
Straight line 3
39  cards
3.5 Probability And Liquidity Ratio Analysis
Liquidity ratios 1,
Current ratio and formula 2,
What happens if current ratio is ...
10  cards
3.6 debt/equity ratio analysis
The 4 further efficiency ratios 1,
Ratio analysis can improve busine...,
What is stock turnover 3
11  cards
3.7 Cash flow
Cash flow 1,
Profit 2,
Working capital and formula 3
12  cards
3.8 Investment Appraisal
Investment appraisal 1,
Payback period with formula 2,
Adv of pbp 2 3
6  cards
3.9 Budgets
Cost centre 1,
Examples of cost centre 4 2,
Cost profit centre organised by 3 3
7  cards
4.1 intro to marketing
0  cards
4.2 marketing planning
0  cards
4.3 sales forecasting
0  cards
4.4 market research
0  cards
4.5 the 7 Ps of the marketing mix
0  cards
4.6 international marketing
0  cards
5.1 intro to operation management
Operation management 1,
Adv of operation management 3 2,
Dis of operation management 3 3
5  cards
5.2 operation methods
0  cards
5.3 lean production and quality management
Lean production 1,
There are two features of lean pr...,
Less waste 8 sources downtown 3
30  cards
5.4 location
0  cards
5.5 breakeven analysis
Break even analysis and forumla 1,
Total revenue 2,
Total costs 3
9  cards
5.6 Production Planning
Stock control 1,
Raw materials 2,
Work in progress 3
25  cards
5.7 Crisis Management Ans Contingency Planning
Contingency planning 1,
Crisis management 3 2,
Factors that influence effective ...
16  cards
5.8 Research And Development
Research and development r d 1,
Adv r d 3 2,
Dis r d 3 3
16  cards
5.9 Management Info Systems
A management information system m...,
What does the mis stand for 2,
Types of management information s...
13  cards
Force field anaylsis
Force field analysis 1,
Driving forces 2,
Restraining forces 3
4  cards
Porter's generic strategies
The theory 1,
Generic strategies comprise of 3 2,
Cost leadership 5 3
7  cards
Business plan
Business plan 1,
Purpose of creating and using a b...,
Advantages business plan 4 3
5  cards
Gantt chart
Gantt chart 1,
4 steps of the gantt chart 2,
Gantt chart main ideas 4 3
5  cards
Critical path analysis
What is it 1,
Why is it needed 2 2,
Info needed 3 3
8  cards
Circular business models
Defo 1,
3 principles of circular business...,
Circular supply models 2 3
9  cards
Ansoff matrix
Ansoff matrix 1,
Market penetration 2 risk example...,
Market development 3 risk 3
5  cards
Decision trees
Decision trees and what it enable...,
Conventions in drawing a decision...,
Advantages of using decision tree...
4  cards

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IB Business

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