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

Decks in this class (31)

1.1.1 Markets
What is a market,
Define market research,
What is market size
29  cards
1.1.2 Market Research
What is product orientation,
What is one problem of a business...,
What is market orientation
16  cards
1.1.3 Market Positioning
What is market positioning,
What is market mapping,
What are the usefulness limitatio...
17  cards
1.2.1 Demand
Define demand,
What determines the level of demand,
What is the relationship between ...
14  cards
1.2.2 Supply
Define supply,
What is the relationship between ...,
How will a business use the relat...
10  cards
1.2.3 Markets
What happens with the interaction...,
On a supply demand graph what hap...,
Where do you draw the supply dema...
5  cards
1.2.4 Price Elasticity of Demand
What does price elasticity of dem...,
What is the formula for ped,
How do you calculate percentage c...
17  cards
1.2.5 Income Elasticity of Demand
What is income elasticity of demand,
What is the formula to calculate yed,
When is the yed demand inelastic
10  cards
1.3.1 Product or Service Design
What are the 4p s involved in the...,
What makes up the design mix,
What is the role of function in t...
8  cards
1.3.2 Branding & Promotion
What types of promotion are there,
What are the advantages and disad...,
What are the advantages disadvant...
24  cards
1.3.3 Pricing Strategy
What are the 6 pricing strategies,
What is cost plus pricing,
What is the formula for cost plus...
16  cards
1.3.4 Distribution
What is a 4 way distribution channel,
What is the three stage distribut...,
What is the 2 stage distribution ...
6  cards
1.3.5 Marketing Strategy
What is the product lifecycle,
What are the 5 stages involved in...,
What is the implication of develo...
27  cards
1.4.1 Approaches to Staffing
How are staff an assest to a busi...,
Why is effective human resource m...,
How do staff generate costs to a ...
14  cards
1.4.2 Recruitment, Selection & Training
What is recruitment,
What is selection,
What is collective barganing in b...
20  cards
1.4.3 Organisational Design
What is a chain of command within...,
What is the span of control withi...,
What are centralised and decentra...
10  cards
1.4.4 Motivation in Theory & Practice
Define motivation,
What impact does motivation have ...,
What impact does motivation have ...
6  cards
ADD MOTIVATION THEORYS TO 1.4
0  cards
1.4.5 Leadership
Define leadership,
What are the 4 types of leadershi...,
What is the autocratic style of l...
6  cards
1.5.1 Role of an Entrepreneur
What is an entrepreneur,
What do entreprenuers do,
What is intrapreneurship
10  cards
1.5.2 Entrepreneurial Motives & Characteristics
What are some of the skills requi...,
What are the characteristics requ...,
What are the financial reasons pe...
4  cards
1.5.3 Business Objectives
What are some common business obj...,
2  cards
1.5.4 Forms of Business
What forms of business are there,
What is a sole trader,
What are the advantages and disad...
11  cards
1.5 Entrepreneur and Leadership
What is an entrepreneur,
What do entreprenuers do,
What is intrapreneurship
27  cards
2.1 Raising Finance
Where does internal finance come ...,
How is owners capital personal sa...,
How is retained profit used withi...
49  cards
2.2 Financial Planning
What do sales forecasts do,
What will sales forecasts will us...,
What consumer trends can affect s...
35  cards
2.3 Managing Finance
Define profit,
What are the 3 different types of...,
What is gross profit
23  cards
2.4.1 Production, Productivity & Efficiency
What are the 4 methods of production,
What is job production,
What are the advantages and disad...
36  cards
2.4.2 Capacity Utilisation
Http what is capacity utilisation,
What is the formula for capacity ...,
What are the implications on a bu...
11  cards
2.4.3 Stock Control
What does a stock control diagram...,
Define inventory,
What is the maximum stock level
22  cards
2.4.4 Quality Management
Define quality,
What methods of quality control a...,
What is quality control
14  cards

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Business A - Level
  • 20 decks
  • 1289 flashcards
  • 16 learners
Decks: 31 What Is Business, 32 Role Of Managers, 34 Operations, And more!
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