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Sofía Vilanova
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Decks in this class (25)
KEY TERMS
Chain of command 1,
Delegation 2,
Span of control 3
55
cards
PRICING STRATEGIES
Pricing strategies 1,
Penetration pricing 2,
Adv dis of penetration pricing 3
13
cards
SOURCES OF FINANCE
Internal sources of finance 1,
External sources of finance 2,
Retained profit 3
13
cards
FINANACE FORMULAS
Net cash flow 1,
Total costs 2,
Average costs 3
16
cards
CHAPTER 1 - What is a business?
Business definition 1,
Private sector organisation 2,
Public sector organisation 3
8
cards
CHAPTER 2 - Business objectives
Business objectives 1,
Financial objectives 2,
Non financial objectives 3
7
cards
CHAPTER 3 - Business Ownership
Sole trader 1,
Advantages of a sole trader 2,
Disadvantages of a sole trader 3
12
cards
CHAPTER 4 - Limited companies and Multinationals
Features of limited companies 1,
Forming limited companies 2,
Features of private limited compa...
9
cards
CHAPTER 5 - Public Corporations
Features of public corporations 1,
Reasons for the public ownership ...,
Reasons against the public owners...
5
cards
CHAPTER 6 - Appropiateness of Different Forms of Ownership
Factors which affect this 1,
Small sole traders 2,
Family businesses and other mediu...
4
cards
CHAPTER 7 - Classification of Businesses
Primary sector 1,
Secondary sector 2,
Tertiary sector 3
5
cards
CHAPTER 8 - Decisions on Location
Factors influencing location 1,
The nature of business activity 2,
Legal controls and trade blocs in...
3
cards
CHAPTER 9 - Globalisation
1 concept of globalisation 1,
2 concept of globalisation 2,
3 concept of globalisation 3
9
cards
CHAPTER 10 - The importance and Growth of Multinational Companies
How have multinationals developed 1,
Benefits of becoming a multinatio...,
Benefits of a multinational to a ...
4
cards
CHAPTER 11 - International Trade
International trade 1,
Visible amd invisible trade 2,
What is an exchange rate 3
7
cards
CHAPTER 12 - Government Objectives and Policies
Fiscal policy taxation 1,
Types of taxes 2,
Income tax 3
8
cards
CHAPTER 13 - External Factors
Social 1,
Technology 2,
Environment 3
4
cards
CHAPTER 14 - Measuring Succes in Businesses
Measures of succes 1,
Revenue 2,
Market share 3
8
cards
CHAPTER 15 - Reasons for Business Failure
Cash flow problems 1,
Lack of finance 2,
Not competitive 3
8
cards
CHAPTER 16 - The Importance of Good Communication in Business
What is communication 1,
Communication channels 2,
Downward communication 3
14
cards
CHAPTER 17 - Barriers to Communication in Business
Barriers to communication 1,
The problems of ineffective commu...,
How can barriers to communication...
3
cards
CHAPTER 18 - Recruitment and Selection
Types of employment 1,
Full time employment 2,
Part time employment 3
17
cards
CHAPTER 19 - Legal Controls Over Employment
What are equals opportunities 1,
Gender 2,
Race and religion 3
8
cards
CHAPTER 20 - Training
Induction training 1,
On the job training 2,
Off the job training 3
9
cards
ADVANTAGES AND DISADVANTAGES
Advantages of a sole trader 1,
Disadvantages of a sole trader 2,
Advantages of a partnership 3
19
cards
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BUSINESS
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