This class was created by Brainscape user Lucas Maniglia Brigagao Perry. Visit their profile to learn more about the creator.
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Decks in this class (53)
1 - Business Objectives
Why do businesses set objectives 1,
What are the 6 business objectives 2,
Define the acronym smart 3
20
cards
1 - Business Ownership
What are the 4 different business...,
What is a sole trader 2,
What are the benefits of being a ...
40
cards
1 - Factors Influencing Costs And Demands
What can the external environment...,
What is competitions effect on de...,
What is competitions effect on co...
5
cards
2 - Management, Leadership & Decision Making
Describe leaders 4 points 1,
Describe managers 3 points 2,
What are the 4 management styles 3
11
cards
2 - Management Decision Making
Describe scientific decision maki...,
What are the benefits of scientif...,
What are the drawbacks of scienti...
17
cards
2 - Stakeholders
What are stakeholders 1,
What are examples of internal sta...,
What are examples of external sta...
5
cards
3 - Setting Marketing Objectives
What are the 5 marketing objectiv...,
One marketing objective is sales ...,
One marketing objective is sales ...
10
cards
3 - The Value Of Primary And Secondary Marketing Research
What is market research 1,
What is primary market research 2,
What are examples of primary mark...
20
cards
3 - The Interpretation Of Marketing Data
What are ways of interpreting mar...,
What is correlation 2 points 2,
What can correlation be 3
10
cards
3 - Segmentation, Targeting And Positioning
What is market segmentation 1,
What does market segmentation ide...,
What are the segmentation methods 3
15
cards
3 - The Marketing Mix
What is the marketing mix 1,
What are the 7ps of the marketing...
2
cards
3 - Product Decisions
Describe product of the marketing...,
What is the boston matrix 2,
Describe stars of the boston matr...
14
cards
3 - Pricing Decisions
What are the different pricing de...,
What is price penetration 2,
What are the limitations of price...
6
cards
3 - Decisions About The Promotional Mix
Describe branding as a promotiona...,
Describe social media as a promot...,
Describe viral marketing as a pro...
4
cards
3 - Distribution (Place) Decisions
What is meant by place of the mar...,
What are wholesalers 2,
What are retailers 2 points 3
7
cards
3 - People, Processes And Physical Environment
Describe people of the marketing ...,
Describe process of the marketing...,
Describe physical environment of ...
3
cards
3 - An Integrated Marketing System
What is an integrated marketing m...,
What is the impact of increased e...,
What is the value of digital mark...
4
cards
4 - Operational Objectives
What are the operational objectiv...,
Describe reduce unit costs as an ...,
Describe increase quality as an o...
10
cards
4 - The Use Of Data In Operational Decision Making
What does operational data allow 1,
What are the types of operational...,
What is labour productivity 3
16
cards
4 - Operational Efficiency
What is capacity 1,
What are the benefits of a busine...,
What are the drawbacks of a busin...
29
cards
4 - Quality
What are some methods of improvin...,
What are the 2 quality systems 2,
Describe quality control 3
13
cards
4 - Supply Chains
What is a supply chain 1,
How do businesses choose its supp...,
What is flexibility 3
27
cards
5 - Financial Objectives
What are the financial objectives 1,
Describe revenue costs profit as ...,
Describe cash flow as a financial...
13
cards
5 - Budgets
What are budgets 1,
What are all the types of budgets 2,
What are income budgets 3
14
cards
5 - Cash Flow
Describe cash flow 2 points 1,
What are cash flow forecasts 2,
What are cash inflows 3
14
cards
5 - Break Even
What is break even 3 points 1,
What is break even output 2,
When sales are below the break ev...
19
cards
5 - Profitability
What is profitability 1,
What are the 3 profitability rati...,
What is gpm 3
17
cards
5 - Sources Of Finance
What are examples of sources of f...,
What is debt factoring 2,
What are the benefits of debt fac...
22
cards
6 - Human Resource Objectives
What type of objective are hr obj...,
What are the 6 hr objectives 2,
Describe employee engagement invo...
17
cards
6 - Human Resource Data
What is hr data 2 points 1,
What does hr data include 2,
What is labour turnover 3
20
cards
6 - Organisational Design
What are all the models of organi...,
What are the 4 functional areas o...,
Describe the functional organisat...
26
cards
6 - Managing The Human Resource Flow
What is the human resource flow 1,
What is the order of the human re...,
Describe the human resource plan ...
9
cards
6 - Motivation
What are the 3 theories of motiva...,
Describe taylors scientific manag...,
What are limitations to 3
21
cards
6 - Employer-Employee Relations
What are trade unions 1,
What do trade unions do 2,
What are works councils 3
6
cards
7 - Mission, Corporate Objective & Strategy
What is meant by tactics 1,
What is meant by strategy 2,
What is meant by mission 3
13
cards
7 - Financial Ratio Analysis
Describe the balance sheet 1,
What is meant by working capital 2,
What is meant by non current asse...
41
cards
7 - Overall Performance
How can a business measure its ov...,
What are core competences 2,
What is the importance of core co...
6
cards
7 - Political & Legal Change
What is legislation 1,
What is the legal environment 2,
What are the main roles of busine...
39
cards
7 - Economic Change
What is gdp 2 points 1,
What is gdps relationship with in...,
What does the business cycle look...
10
cards
7 - Social & Technological
What is technological change 1,
What are the opportunities of tec...,
What are the threats of technolog...
9
cards
7 - Competitive Environment
What is porters 5 forces model 1,
What is the importance of porters...,
What are all the features of port...
8
cards
7 - Investment Appraisal
What is investment appraisal 1,
What are the 3 main methods of in...,
What is the payback period 3
33
cards
8 - Strategic Direction
Describe strategic direction 1,
What are influences on strategic ...,
What does ansoffs matrix show 3
9
cards
8 - Strategic Positioning
Describe strategic positioning 1,
Describe porters generic strategi...,
Describe cost leadership of porte...
8
cards
9 - Assessing Change In Scale
What is retrenchment 1,
What are methods to retrenching a...,
Why might businesses choose to re...
39
cards
9 - Assessing Innovation
What is product innovation 1,
What is process innovation 2,
What are the benefits of innovati...
13
cards
9 - Assessing Internationalisation
What is the reasons importance of...,
What are the methods of entering ...,
Describe exporting as a method of...
19
cards
9 - Assessing Greater Use Of Technology
What is digital technology 1,
Describe e commerce 5 points 2,
Describe big data 5 points 3
5
cards
10 - Managing Change
What are causes pressures for cha...,
What are the types of change 2,
Describe internal change 3
19
cards
10 - Managing Organisational Culture
What is the importance of organis...,
What are the 4 classes of culture 2,
Describe power culture 3
9
cards
10 - Managing Strategic Implementation
How do businesses implement strat...,
Describe effective communication ...,
Describe effective leadership whe...
6
cards
10 - Problems With Strategy
What are the difficulties of stra...,
Describe planned strategy 2,
What are the issues with planned ...
13
cards
More about
A-Level Business
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Business studies (A levels)
- 40 decks
- 1269 flashcards
- 3451 learners
Decks:
Chapter 1 Enterprise, Ratios, Chapter 2 Business Structure, And more!
