This class was created by Brainscape user Holly Cresswell. Visit their profile to learn more about the creator.
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Holly Cresswell
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Decks in this class (14)
1. What is Business?
What is the private sector 1,
What are corporate businesses nam...,
What is limited liability 3
34
cards
2. Managers, leadership and decision making
What is opportunity cost 1,
What does scientific or intuition...,
What is scientific decision making 3
22
cards
3. Decision making to improve marketing performance
Advantages and disadvantages of n...,
What is market segmentation 2,
What is market targeting 3
42
cards
4. Decision making to improve operational performance
How can a business improve its fl...,
Pros of mass customisation 4 2,
Cons of mass customisation 3
8
cards
5. Decision making to improve financial performance
What are budgets 1,
Two types of variance 2,
What is a cash flow forecast 3
41
cards
6. Decision making to improve human resource performance
Taylor s key findings 1,
Maslow s key findings 2,
Herzberg s motivators 3
15
cards
7. Analysing the strategic position of a business
What is a strategy 1,
What is a tactic 2,
What is the objective of competit...
29
cards
8. Choosing strategic direction
What is ansoffs matrix 1,
Existing markets existing products 2,
Existing markets new products 3
9
cards
9. Decision making to improve marketing performance
Benefits of growth 1,
What is retrenchment 2,
5 internal economies of scale 3
41
cards
10. Managing strategic change
What is information management 1,
What is knowledge managment 2,
In order to have successful strat...
53
cards
Formulas
Total costs 1,
Profit 2,
Total variable costs 3
45
cards
7.2 Analysing the strategic position of a business
What is gdp 1,
Key stages of the business cycle 2,
What is a recession 3
29
cards
3.4 Decision making to improve marketing performance
Internal influences on new produc...,
External influences on new produc...,
Pros of multichannel distribution...
21
cards
2.3 Managers, leadership and decision making
What is a stakeholder 1,
Internal stakeholders 3 and inter...,
External stakeholders 5 3
9
cards
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Business
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