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Andy Pascall
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Decks in this class (53)
1.1b Dynamic
Define entrepreneurs 1,
Why is it a risk to start up your...,
What are the characteristics of s...
20
cards
1.1c New Business
Why do new business ideas arise 1,
What is the meaning of obsolete 2,
What is the product life cycle st...
20
cards
1.1d Creative Thinking
How may an entrepreneur come up w...,
What are some possible reasons wh...,
Why may a business create a compl...
16
cards
1.2a Calculated Risk
What is calculated risk 1,
What is one ratio to calculate bu...,
What does setting up a business c...
15
cards
1.2b Reward
What are the financial rewards fo...,
What is intuition 2,
What is meant by the excitement s...
20
cards
1.3a USP
What does usp stand for 1,
List three potential unique selli...,
How does a unique selling point a...
13
cards
1.3b Added Value Brollies
What is added value 1,
How can a business add value 3,
What is a usp and how can it add ...
20
cards
1.3c Entrepreneur Hotel Choc
What is an entrepreneur 1,
Why do people become entrepreneurs 2,
Why do start ups fail 3
10
cards
2.1a Customer Needs
Names 2 types of data and a short...,
What is the purpose of market res...,
What is primary research 10
10
cards
2.2a Market Research Bags
Why do businesses carry out marke...,
How does market research improve ...,
What is primary research 3
20
cards
1.2.2 Market Research
0
cards
2.2b Market Mapping Solero
What are the advantages of drawin...,
What is a market map 2,
What is a gap in the market 3
10
cards
2.3a Market Segmentation
Define the term market segmentati...,
Give two possible ways in which a...,
What s the purpose of market segm...
20
cards
2.4a Competition BA v Virgin
What is a direct competitor 1,
What is an indirect competitor 2,
When is there strong of competiti...
20
cards
2.4a Focus ASDA
What factors would impact which k...,
What major retail brand owns asda...,
What does swot stand for 3
10
cards
3.1a Aims & Objectives
What is a business aim 1,
What is a business objective 2,
What are the two main aims and ob...
20
cards
2.3 Market Segmentation
What is the definition of market ...,
How many different types of segme...,
What is psychographic segmentation 3
10
cards
3.2a Estimating Revenue
What is estimated revenue 1,
What is revenue 2,
How is revenue calculated 3
10
cards
3.2b Profit & Loss (Breakeven)
What is break even 1,
What is gross profit 2,
What is an income statement 3
20
cards
3.2c Consolidate breakeven
What is the break even point 1,
What is break even point in units 2,
What is he break even point in cu...
20
cards
3.3a Money & Cash
Questions and answers by 1,
What does revenue mean 2,
Name four important decisions a c...
21
cards
3.3b Cash Problems
What is a cash flow statement 1,
How can you use a cash flow state...,
What are cash inflows 3
22
cards
3.3c Peter & Tools
Why is it important to keep perso...,
Why should entrepreneurs take car...,
What is limited liability 3
16
cards
3.4a Sources of finance
Short term sources of finance are...,
Explain one reason why a business...,
Why should overdrafts be used wit...
21
cards
3.4b Longer sources of finance
Examples of longer sources of fin...,
When would you use longer sources...,
What is crowdfunding 3
20
cards
4.1a Limited or unlimited
What is limited liability 1,
What is unlimited liability 2,
What does incorporated mean 3
20
cards
4.1b Sole Traders & Partners
Sole trader 1,
Partnership 2,
Incorporated business 3
20
cards
4.1c Weighing it up
Advantages of a sole trader owner...,
Disadvantages of a sole trader ow...,
Advantages of a partnership owner...
17
cards
4.1d Fran's Business
What is a franchise 1,
What are the advantages of franch...,
What are the disadvantages of fra...
17
cards
4.4a The Reef
What is target market 1,
What is forecast revenue 2,
What is sources of finance 3
10
cards
4.2a Location
What is the meaning of proximity ...,
What may a business look at befor...,
What is footfall 3
12
cards
4.2b Nature of Business Activity
Impacts on business activity caus...,
What is topography 2,
How to decide where to locate a b...
10
cards
4.3a Marketing mix
What are the four main ps of the ...,
Why is it important for an entrep...,
What would the marketing mix be f...
11
cards
4.3b Price
Price definition 1,
Define the term penetration prici...,
What are the six major pricing ob...
13
cards
4.3c Product (Life Cycle)
What is a benefit of using produc...,
What are the four stages in produ...,
What is the launch stage 3
11
cards
4.3d Place
In the context of the 4ps what is...,
Where can a customer purchase a p...,
What can place also refer to 3
10
cards
4.3e Promotion
What is direct marketing 1 mark 1,
What is indirect marketing 1 mark 2,
What are product giveaways and wh...
10
cards
4.3f Tech
Why might a business use technolo...,
What is e commerce 2,
What is m commerce 3
10
cards
4.4a The Reef
Marketing mix 1,
Why is cash flow forecast importa...,
Target market 3
11
cards
5.1a Stakeholders
0
cards
5.1b Pressure Groups
What is a pressure group 1,
What are some examples of pressur...,
Why do pressure groups attempt to...
10
cards
5.2a Market tech
What are the most significant tec...,
What is e commerce 2,
What are some advantages to e com...
10
cards
5.2b Tech influences
What are the advantages of techno...,
By using online record keeping 2,
By hosting online meetings 3
12
cards
5.3a Purpose of legislation
What does the consumer rights act...,
3 consumer rights act requirements 2,
What does the employment law ensu...
23
cards
5.3b Principles of employment law
What does employment law govern 1,
What are the four areas employmen...,
What does the health and safety a...
19
cards
5.3c Impact of legislation
What is the cost implication for ...,
What is the cost implication of e...,
What is the cost implication of w...
18
cards
5.4a Impact of unemployment & interest
What is unemployment 1,
What is employment rate 2,
How is business affected by unemp...
20
cards
5.4b Interesting
Interest on loans is calculated u...,
What is interest 2,
The break even point in units tel...
20
cards
5.4b Exchange
What are exchange rates 1,
Why would the value of the pound ...,
Why would the value of the pound ...
10
cards
5.4b Tax
What is corporation tax 1,
The definition of income tax 2,
What does value added tax mean 3
16
cards
5.4c More inflation
What is inflation 1,
Who monitors the rate of inflation 2,
What happens to the price of ever...
15
cards
5.4c Don't blow out of proportion
What is tax 1,
What is income tax 2,
What is national insurance 3
10
cards
5.5a Uber
Should uber be allowed to compete...,
Who will be the winners and loser...,
What type of company is uber lond...
10
cards
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Theme 1 17/18
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