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By:
Emily Sharp
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Decks in this class (56)
Theme 1 Topic 1 - Entrepreneurs
Define entrepreneur,
Define enterprise skills,
Define intrapreneurship
11
cards
Theme 1 Topic 2 - Business Objectives
Define objectives,
Define aim,
Define strategy
12
cards
Theme 1 Topic 3 - Forms of Ownership
Define unincorporated business,
What are two examples of unincorp...,
Define incorporated business
28
cards
Theme 1 Topic 4 - Approaches to Staffing
What three things do businesses t...,
What three things do businesses t...,
Define multiskilling
20
cards
Theme 1 Topic 5 - Recruitment, Selection & Training
Define recruitment and selection,
Define labour turnover,
Define training
23
cards
Theme 1 Topic 6 - Organisational Structure
What are three things an organisa...,
Define organisational design,
Define functional structure
21
cards
Theme 1 Topic 7 - Motivation in Theory & Practice
Define motivation,
What are four benefits to a busin...,
What are the five layers of maslo...
35
cards
Theme 1 Topic 8 - Leadership
Define leadership,
Define management,
What is the difference between ma...
13
cards
Theme 1 Topic 9 - The Market
Define niche marketing,
What are three advantages of nich...,
What are three disadvantages of n...
28
cards
Theme 1 Topic 10 - Market Research
Define market orientated approach,
Define product orientated approach,
Why are most markets moving towar...
29
cards
Theme 1 Topic 11 - Market Positioning
Define market mapping,
What are three examples of featur...,
What are two ways to use a market...
15
cards
Theme 1 Topic 12 - Demand and Supply
Define demand,
Define demand curve,
When the price is increased quant...
14
cards
Theme 1 Topic 13 - Elasticity
What are seven factors affecting ...,
Define price elasticity of demand,
Price elasticity of demand
25
cards
Theme 1 Topic 14 - Product/Service Design
Define design,
What are the three aspects of the...,
Define aesthetics
12
cards
Theme 1 Topic 15 - Branding & Promotion
Define promotion,
Define informative promotion,
Define persuasive promotion
26
cards
Theme 1 Topic 16 - Pricing Strategies
Define price,
Define price skimming,
Define penetration pricing
12
cards
Theme 1 Topic 17 - Distribution
Define place,
What are two intermediaries,
Define wholesalers
18
cards
Theme 1 Topic 18 - Marketing Strategy
What are the six stages of the pr...,
What are five examples of extensi...,
What are three problems of using ...
14
cards
Theme 2 Topic 1 - Production, Productivity and Efficiency
Define production,
Define job production,
Define batch production
24
cards
Theme 2 Topic 2 - Capacity Utilisation
Define capacity,
Define capacity utilisation,
Capacity utilisation
14
cards
Theme 2 Topic 3 - Stock Control
What are the three types of stock,
What are two factors which determ...,
Define buffer stock
14
cards
Theme 2 Topic 4 - Quality Management
Define quality,
What are two benefits of high qua...,
Define quality control
16
cards
Theme 2 Topic 5 - Economic Influences
Define the business cycle,
Define gdp gross domestic product,
Define recession
31
cards
Theme 2 Topic 6 - Legislation
Define consumer protection law,
What are two consumer protection ...,
Define sales of goods act 1893
14
cards
Theme 2 Topic 7 - Internal & External Finance
Define internal finance,
What are the three forms of inter...,
Define owners capital
48
cards
Theme 2 Topic 8 - Planning Cash Flow
Define cash flow,
Define cash flow forecast,
Net cash flow
11
cards
Theme 2 Topic 9 - Sales Forecasting, Sales Revenue & Costs
Define sales revenue,
Revenue,
What six other words can also be ...
17
cards
Theme 2 Topic 10 - Breakeven
Define break even,
Define break even point,
Break even output
11
cards
Theme 2 Topic 11 - Setting Budgets
Define budget,
What are the three types of budget,
Define income budget
22
cards
Theme 2 Topic 12 - Profit
Define statement of comprehensive...,
Define revenue,
Revenue
25
cards
Theme 2 Topic 13 - Liquidity
Define statement of financial pos...,
Define assets,
Define non current assets
26
cards
Theme 2 Topic 14 - Business Failure
What are four internal causes for...,
What are four external causes for...
2
cards
Theme 3 Topic 1 - Corporate Objectives
Define mission statement,
What are two advantages of missio...,
What are two criticisms of missio...
9
cards
Theme 3 Topic 2 - Corporate Strategy
Define ansoff matrix,
What are the four strategies on a...,
Define market penetration
20
cards
Theme 3 Topic 3 - SWOT Analysis and External Influences
Define internal audit,
Define external audit,
Define swot analysis
20
cards
Theme 3 Topic 4 - Business Growth
Define economies of scale,
Define internal economies of scale,
What are the six internal economi...
22
cards
Theme 3 Topic 5 - Mergers and Takeovers
Define merger,
Define takeover,
What are three reasons for takeov...
24
cards
Theme 3 Topic 6 - Quantitative Sales Forecasting
Define sales forecasting,
What are three reasons a business...,
Define moving averages
14
cards
Theme 3 Topic 7 - Investment Appraisal
Define investment appraisal,
What are the three quantitative c...,
What financial information does a...
20
cards
Theme 3 Topic 8 - Decision Trees
Define decision tree,
What do decision trees set out,
What do decision trees explore an...
12
cards
Theme 3 Topic 9 - Critical Path Analysis
Define critical path analysis,
What does a critical path analysi...,
What is the purpose of a critical...
20
cards
Theme 3 Topic 10 - Corporate Influences and Culture
Define corporate influences,
The corporate culture of an organ...,
Define shareholder approach
30
cards
Theme 3 Topic 11 - Shareholders vs Stakeholders
Define stakeholders,
What are three internal stakeholders,
What are seven external stakeholder
6
cards
Theme 3 Topic 12 - Business Ethics and CSR
Define ethics,
What are four ethics of strategic...,
Define ethical codes and ethical ...
10
cards
Theme 3 Topic 13 - Financial Statements
Define statement of comprehensive...,
What are three purposes of the st...,
Define revenue
45
cards
Theme 3 Topic 14 - Ratio Analysis
Define gearing ratio,
Gearing ratio,
Capital employed
10
cards
Theme 3 Topic 15 - Human Resources and Competitiveness
Define labour productivity,
Labour productivity,
What are three ways to improve la...
17
cards
Theme 3 Topic 16 - Managing Change
What are five causes of change,
Define transformational leadership,
What is a transformational leader...
19
cards
Theme 4 Topic 1 - Growing Economies
How is economic growth measured,
Define emerging economy,
What five countries make up the b...
13
cards
Theme 4 Topic 2 - International Trade and Globalisation
What are three things the uk econ...,
Define exports,
Define imports
19
cards
Theme 4 Topic 3 - Protectionism and Trading Blocs
Define protectionism,
Define tariffs,
What are two purposes of tariffs
25
cards
Theme 4 Topic 4 - Gobal Markets
Define push factors,
What are two examples of push fac...,
Define pull factors
9
cards
Theme 4 Topic 5 - Global Mergers and Joint Ventures
Define merger,
Define joint venture,
What are five reasons for global ...
3
cards
Theme 4 Topic 6 - Global Competitiveness
Define competitiveness,
What are three ways mncs may be a...,
Define competitive advantage
18
cards
Theme 4 Topic 7 - Global Marketing
Define global marketing strategy,
Define glocalisation,
Define cultural diversity
17
cards
Theme 4 Topic 8 - Multinationals
Define multinational mnc,
What is a positive impact of mncs...,
What are two positive impacts of ...
36
cards
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