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11 Business Management

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

By: Annabelle Hwang
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Decks in this class (18)

1.1 What is a Business?
Define the term business 1,
Goods 2,
Services 3
26  cards
1.2 Types of Business Entities
Private sector 1,
Public sector 2,
Privatisation 3
25  cards
1.3 Organisational Objectives
Vision statement 1,
Mission statement 2,
Vision statement for internal sta...
19  cards
1.4 Stakeholders
Define stakeholder 1,
Internal stakeholder 2,
External stakeholder 3
4  cards
1.5 Growth and Evolution (Scale)
Economies of scale 1,
Diseconomies of scale 2,
Cost of production 3
5  cards
1.5 Growth and Evolution (Growth)
Internal growth methods 1,
External growth methods 2,
Mergers and acquisitions 3
8  cards
1.6 Multinational Companies
Host country 1,
Globalisation 2,
Mnc 3
3  cards
3.1 Introduction to Finance
Finance financing 1,
Accounts accounting 2,
Capital expenditure 3
8  cards
3.2 Sources of Finance
Internal finance 1,
External finance 2,
Personal funds 3
14  cards
3.3 Costs and Revenues
Fixed costs 1,
Variable costs 2,
Profit vs revenue 3
6  cards
3.4 Final Accounts (Balance Sheet)
Non current assets definition 1,
Depreciation or accumulated depre...,
Current assets definition 3
20  cards
3.4 Final Accounts (Profit and Loss Statement/Depreciation)
Profit and loss statement 1,
3 parts to a statement 2,
Depreciation formula straight lin...
4  cards
3.5 Profitability/Liquidity Analysis
Gross profit margin 1,
Return on capital employed invest...,
Profit margin 3
9  cards
3.6 Efficiency Ratio Analysis
Stock inventory turnover ratio 1,
Debtor days ratio 2,
Creditor days ratio 3
6  cards
3.7 Cash Flow
Cash flow forecast 1,
Working capital 2,
Working capital cycle 3
4  cards
3.8 Investment Appraisal
Payback period 1,
Average rate of return 2,
Net present value 3
3  cards
3.9 Budget
Budgets 1,
Cost centres 2,
Profit centres 3
3  cards
4.1 Introduction to Marketing
Marketing 1,
What does marketing strive to pro...,
Identify the 2 strategies of mark...
9  cards

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11 Business Management

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