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OCR Business Diploma - Y1

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

By: Munachi Udensi
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Decks in this class (21)

Unit 1 - 1.1 (Types of Business Activity)
Three main activities that a business undergoes to go from the raw materials to a finished product or service sold to customers or other businesses.
3  cards
Unit 1 - 1.2 (Different sectors of Operation)
The main sectors in which every business falls into in regards to their aims and objectives for the business.
3  cards
Unit 1 - 1.3 (Forms of legal business ownership)
Different types of legal business ownership that every business in the UK falls under.
23  cards
Unit 1 - 1.4 (factors which inform business ownership)
Legal status,
Liability,
Funding
5  cards
Unit 1 - 1.5 (differing business aims and objectives)
0  cards
Unit 1 - 2.1 (Functional areas of businesses)
Finance,
Marketing,
Sales
9  cards
Unit 1 - 2.2 (Interrelationships between functional areas)
Finance,
Marketing,
Sales
9  cards
Unit 1 - 3.1 (different organisational structures)
Flat structures,
Hierarchial tall structures,
Centralised
8  cards
Unit 1 - 3.2 (elements of organisational structures)
Division of work,
Span of control,
Chain of command
3  cards
Unit 1 - 3.3 (how the elements of the organisational structures impact on businesses operations)
0  cards
Unit 1 - 3.4 (the use of organisation charts)
0  cards
Unit 1 - 4.1 (Basic terms)
Cost,
Revenue,
Cash flow
13  cards
Unit 1 - 4.2 (how to calculate)
0  cards
Unit 1 - 4.3 (Interpreting financial statements)
Income statement,
Statement of financial position,
Cash flow statement
4  cards
Unit 1 - 5.1 (who the main stakeholders are)
0  cards
Unit 1 - 5.2 (the ways in which different stakeholder groups attempt to alter business behaviour)
0  cards
Unit 1 - 5.3 (how businesses respond to the different and sometimes conflicting objectives of different stakeholders)
0  cards
Unit 1 - 5.4 (the consequences to a business of not listening to its stakeholders)
0  cards
Unit 1 - 6.1 (the factors which comprise the external business environment)
0  cards
Unit 1 - 6.2 (to identify how the external environment can impact on a business and its stakeholders)
0  cards
Unit 1 - 6.3 (how businesses can respond to changes in their external environment)
0  cards

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OCR Business Diploma - Y1

  • Class purpose General learning

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