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Decks in this class (24)
3.1.1 - Nature and purpose of business
Impact businesses have on a count...,
Transformation process 2,
B2c 3
53
cards
3.1.2 Understanding different business forms
Sole traders advantages 1,
Sole traders disadvantages 2,
Private limited companies advanta...
39
cards
3.1.3 Understanding that businesses operate within an external environment
How does the external environment...,
Factors influencing costs and dem...,
Competition 3
12
cards
3.2.1 Understanding management, leadership and decision making
Distinction between managers and ...,
Autocratic 2,
Democratic 3
14
cards
3.2.2 Understanding management decision making
Decisions can be made using diffe...,
Advantages of using scientific de...,
Disadvantages of using scientific...
21
cards
3.2.3 Understanding the role and importance of stakeholders
Internal stakeholders 1,
External stakeholders 2,
The 2 ways relationships with sta...
11
cards
3.3.1 - setting marketing objectives
What is the role of marketing 1,
Knock on effect 2,
Objectives marketing department m...
6
cards
3.3.2 - understanding markets and customers
What is the main thing market res...,
Quantitative data 2,
Qualitative data 3
32
cards
3.3.3 - segmentation, targeting and positioning
Low and high profit margins 1,
What does segmentation mean 2,
What do businesses usually segmen...
28
cards
3.3.4 - using the marketing mix
The 7 p s 1,
Price penetration 2,
Price skimming 3
15
cards
3.4.1 - operational objectives
Quality 1,
Added value 2,
Blank 2
9
cards
3.4.2 - operational calculations
Labour productivity 1,
Unit costs 2,
Capacity 3
5
cards
3.4.3 - increasing efficiency and productivity
Why is increasing efficiency impo...,
Ways to use capacity efficiently 2,
What are the difficulties trying ...
19
cards
3.4.4 - quality
Definition of quality 1,
What are the needs and expectatio...,
Why is quality so important for b...
13
cards
3.4.5 - inventory management + supply chains
Definition of inventories 1,
What influences the amount of inv...,
Cost of holding inventory 3
7
cards
3.5.1 - setting financial objectives
Return on investment roi 1,
Roi calculation 2,
Capital expenditure meaning 3
11
cards
3.5.2 - analysing financial performance
What is a budget 1,
Budget is aligned closely with an...,
Examples of how budgeting affects...
31
cards
3.5.3 - sources of finance
Examples of long term sources of ...,
Examples of medium term sources o...,
Examples of short term sources of...
35
cards
3.5.4 - improving cash flow and profits
2 ways to increase revenue 1,
Why are costs so important 2,
Other names for revenue 3
14
cards
3.6.1 - setting hr objectives
What are hr objectives 1,
Benefits of setting hr objectives 2,
Name all hr objectives 3
15
cards
3.6.2 - analysing human resource performance
4 uses of hr data 1,
Identify problems 2,
Plan ahead 3
27
cards
3.6.3 - organisational design
What is an organisational structu...,
What does the organisational stru...,
Factors that influence organisati...
49
cards
3.6.4 - improving motivation and engagement
What are the benefits of having m...,
Non financial methods of motivati...,
Financial methods of motivation 3
20
cards
3.6.5 - employer, employee relations
What is employee representation 1,
When is it a legal requirement to...,
Why have a formal system of emplo...
21
cards
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AQA A level business
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AQA A Level Business
- 13 decks
- 1708 flashcards
- 1767 learners
Decks:
31 What Is Buisness, 32 Managers Leadership And Decision Maki, 33 Decision Making To Improve Marketing, And more!
