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

Decks in this class (14)

Unit 1.1 : Introduction to Business Management
Business,
Business inputs,
Factors of production
42  cards
Unit 1.2 : Types of Business Organizations
Private sector,
Sales revenue,
Costs
65  cards
Unit 1.3 : Organizational Objectives
Vision statement,
Mission statement,
Difference between vision and mis...
40  cards
Unit 1.4 : Stakeholders
Shareholders,
Stakeholder,
Internal stakeholders
27  cards
Unit 1.5 : External Environment
Steeple analysis,
Pros of steeple analysis,
Cons of steeple analysis
60  cards
Unit 1.6 : Growth and Evolution
Economies of scale,
Average cost,
Average fixed costs
92  cards
Unit 1.7 : Organizational Planning Tools (HL)
Fishbone diagram,
Organizational planning tools,
Causes that can be found on the f...
24  cards
Unit 3.1 : Sources of Finance
Role of finance for businesses,
Capital expenditure,
Revenue expenditure
57  cards
Unit 3.2 : Costs and Revenues
Cost,
Price,
Types of costs
20  cards
Unit 3.3 : Break-even Analysis
Contribution,
Profit in terms of contribution,
How to increase profit
17  cards
Unit 3.4 : Final Accounts (INCOMPLETE - only Balance Sheets)
Final accounts,
Balance sheet,
Purpose of final accounts to shar...
28  cards
Unit 3.5 : Profitability and ratio analysis
Ratio analysis,
How to compare financial ratios,
Profitability ratios
23  cards
Unit 3.6 : Efficiency Ratios
Efficiency ratios,
Four hl efficiency ratios,
Stock turnover
21  cards
Unit 3.8 : Investment Appraisal
Investment,
Investment appraisal,
Payback period
14  cards

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iB Business Management

  • Class purpose General learning

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