a-level business studies theme 2

This class was created by Brainscape user Johnnie Cunningham-Flood. Visit their profile to learn more about the creator.

Decks in this class (20)

2.1.4 Planning
What is a business plan,
Why does a business write a busin...,
What is included on a business plan
9  cards
2.2.1 Sales Forecasting
What is consumer income,
What is a sales forecast,
What is the purpose of a sales fo...
16  cards
2.3.2 Liquidity
What are long term assets non cur...,
What are some examples of long te...,
What are some examples of current...
12  cards
2.2.4 Budgets
Define budgets,
What are the 4 reasons businesses...,
Why are budgets used for planning
13  cards
2.1.1 Internal Finance
Define finance,
What are the two types of finance,
What are the 5 reasons for raisin...
15  cards
2.2.3 Break Even
What is the formula for contribution,
What is break even,
What is contribution
9  cards
2.1-2.3 Equations
Sales revenue,
Sales volume,
Total costs
11  cards
Theme 2 Equations
Sales volume,
Sales revenue,
Total costs
23  cards
2.1.2 External Finance
What is external finance,
What is a source of finance,
What is a method of finance
28  cards
2.2.2 Sales, Revenue And Costs
What is the sales volume formula,
What is the sales revenue formula,
What are fixed costs
9  cards
2.3.3 Business Failure
What is business failure,
What are the 4 internal causes of...,
What are the 2 external causes of...
7  cards
2.3.1 Profit
What are profits,
What is the formula for gross profit,
How can revenue be calculated
16  cards
2.1.3 Liability
What is limited liability,
What is unlimited liability,
What are the 2 main business form...
8  cards
2.5.1 Economic Influences
What is economic influence,
What is inflation,
What is a consumer price index
24  cards
2.5.2 Legislation
What is legislation,
What are the 5 categories of legi...,
What is an example of consumer pr...
11  cards
2.4.2 Capacity Utilisation
What is capacity utilisation,
What is the formula for capacity ...,
What is under utilisation and whe...
9  cards
2.4.1 Productivity
Define productivity,
Define production,
What are the 4 methods of production
19  cards
2.4.3 Stock Control
What does stock include,
What factors determine how much s...,
How do production methods and sto...
14  cards
2.4.4 Quality Management
How will the importance of qualit...,
How can improving quality reduce ...,
What are the drawbacks of produci...
3  cards
2.5.3 The Competitive Environment
What is competition,
How do businesses in a market com...,
What are the 3 different markets ...
9  cards

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a-level business studies theme 2

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