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Lamic Haile
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Decks in this class (20)
1.1.2 Business objectives
What are main business objectives,
Explain business objective of pro...,
Explain customer satisfaction
9
cards
1.1.3 Stakeholder and their objectives
What is a stakeholder give examples,
What is the shareholders objectives,
Managers objectives
8
cards
1.2.1 Role of an entrepreneur in the economy
Explain creative destruction exam...,
What is a common cause of creativ...,
What does the entrepreneur have t...
5
cards
1.6.1 Revenue and costs
How is sales volume calculated,
How is sales revenue calculated,
How is annual interest rate calcu...
4
cards
1.6.2 The relationship between Revenue and Costs
How is contribution per unit calc...,
What is break even analysis,
When does break even occur
9
cards
1.6.3 Profit and loss
What are the 3 different types of...,
How is gross profit calculated,
What are operating profits
10
cards
1.6.4 Cash flow and Business survival
What is cash flow in a business,
Explain the importance of cash fl...,
How can cash flow forecasts be us...
4
cards
1.3.5 Understanding the consumer
What is primary research,
Advantages of primary research,
Disadvantages of primary research
10
cards
1.3.6 The competition
Why might market mapping be usefu...,
How can market mapping be useful ...,
Explain how product differentiati...
9
cards
1.4.1 Role of banks in the economy
How can banks channel savings tow...,
What are the role of banks,
What is the role of central banks...
4
cards
1.4.2 Risk and liability
What is the difference between li...,
Define risk in economics
2
cards
1.4.3 Types and sources of credit and the impact of credit within the economy
What are the 3 types of credit,
What are advantages of a loan,
What are disadvantages of a loan
20
cards
4.1.1/4.1.2 Spectrum of competition/Barriers to entry
What is a monopoly characteristics,
Why are barriers to entry high in...,
What is an oligopoly charactersitics
8
cards
4.1.5 Productive and allocative efficiency
What is productive efficieny,
What is allocative efficiency,
How can a business increase its e...
6
cards
4.1.3 Oligopoly
What is a concentration ratio,
What is the competition structure...,
Define tacit agreement
4
cards
4.2.1 Market failure in businesses
What are cartels,
What is collusion,
What are tacit agreements
7
cards
4.2.2 Business regulation
What are ways busineses are regul...,
Why are busineses regulated to pr...,
Explain controlling mergers and t...
11
cards
4.4.3 Supply-side policies
What are supply side policies,
What causes lras to shift outwards,
What is the difference between ma...
10
cards
4.5.4 The Global Financial Crisis
What is financial market failure,
How was moral hazard a factor con...,
How did sub prime mortgages contr...
4
cards
4.4.2 Demand side policies
What are demand side policies mad...,
What is fiscal policy,
What is the difference between ex...
10
cards
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Paper 1 EBO
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