This class was created by Brainscape user Leen Abou Ibrahim. Visit their profile to learn more about the creator.

Decks in this class (37)

1.1 Intro to Business Management
Role of business,
Factors of production,
Land
16  cards
1.2 Types of Organizations
Public sector,
Private sector,
For profit commercial organizations
15  cards
1.3 Organizational Objectives
Vision statement,
Mission statement,
Aim
14  cards
1.4 Stakeholders
Stakeholders,
Internal stakeholders,
External stakeholders
14  cards
1.5 External Environment
Steeple analysis,
Social,
Technological
8  cards
1.6 Growth and Evolution
Economies of scale,
Diseconomies of scale,
When diseconomies of scale may occur
22  cards
1.7 Organizational Planning Tools
Fishbone diagram,
Decision trees,
Force field analysis
4  cards
2.1 Functions and Evolution of HRM
Workforce planning,
Labor turnover,
Steps in the recruitment process
35  cards
2.2 Organizational Structure
Delegation,
Span of control,
Levels of hierarchy
17  cards
2.3 Leadership and Management
Functions of management fayol,
Manager,
Leader
8  cards
2.4 Motivation
Motivation,
Taylor,
Maslow
21  cards
2.5 Organizational (Corporate) Culture
Organizational culture,
Elements of organizational culture,
Types of organizational culture
12  cards
2.6 Industrial/ Employee Relations
Employee representatives,
Employer representatives,
Role of employee representatives
24  cards
3.1 Sources of Finance
Capital expenditure,
Revenue expenditure,
Fixed asset
26  cards
3.2 Costs and Revenues
Costs,
Revenue,
Revenue streams
9  cards
3.3 Break-even analysis
Contribution per unit,
Total contribution,
Break even chart
8  cards
3.4 Final Accounts
Cost of goods sold,
The direct cost of producing or p...,
Dividends
24  cards
3.5 Profitability and Liquidity Ratio Analysis
Ratio analysis,
Profitability ratios,
Gross profit margin
10  cards
3.6 Efficiency Ratio Analysis
Stock turnover ratio,
Debtor days,
Creditor days
4  cards
3.7 Cash Flow
Cash flow,
Insolvency,
Working capital cycle
7  cards
3.8 Investment Appraisal
Investment appraisal,
Payback period,
Average rate of return arr
4  cards
3.9 Budgets
Budgets,
Importance of budgets,
Cost center
8  cards
4.1 The Role of Marketing
Marketing,
Market size,
Market growth
17  cards
4.2 Marketing Planning
Marketing plan,
Elements of a marketing plan,
Role of marketing planning
20  cards
4.4 Market Research
Market research,
Purpose of market research,
Primary research
21  cards
4.5 4 P's of Marketing
Product life cycle,
What is the research and developm...,
What is the launch stage of the plc
43  cards
4.6 Extended Marketing Mix
People,
Importance of delivery processes ...,
Importance of tangible physical e...
3  cards
4.7 International Marketing
International marketing,
Internal methods of entry into in...,
External methods of entry into in...
7  cards
4.8 E-commerce
Features of e commerce,
Features of e commerce,
Types of e commerce
13  cards
5.1 The role of operations management
Operations management,
Operations relation with marketing,
Operations relation with hr
8  cards
5.2 Production Methods
What are the production methods,
Job production,
Batch production
6  cards
5.3 Lean production and quality management
Lean production,
Kaizen continuous improvement,
Just in time jit
12  cards
5.4 Location
Reasons for a specific location o...,
Outsourcing,
Offshoring
4  cards
5.5 Production Planning
Supply chain process,
Just in time jit,
Just in case jic
18  cards
5.6 Research and Development
Research and development,
Types of innovation,
Product innovation
12  cards
5.7 Crisis Management and Contingency Planning
Crisis management,
Con,
Factors that effect crisis manage...
4  cards
Paper 1 SVT
Public limited company plc,
Vision statement,
Monopoly
56  cards

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IB Business Management

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