This class was created by Brainscape user Miron Limbu. Visit their profile to learn more about the creator.

Decks in this class (20)

Business definitions
What is added value 1,
What is creating value 2,
What is an entrepreneur 3
26  cards
CSR
Ethical code 1,
Give 4 advantages of csr 2,
Give 4 disadvantages of csr 3
5  cards
Mock Revision
Joint venture 1,
Private limited 2,
Public limited 3
29  cards
Pros and cons
What are the pros of a partnership 1,
Pros of a sole trader 2,
Pros of private limited companies 3
19  cards
Entrepreneur's and entrepreneurship
5 characteristics 1,
6 challenges entrepreneurs face 2,
4 reasons for business failure 3
4  cards
Exam technique
What is ao1 1,
What is ao2 2,
What is ao3 3
11  cards
Social Enterprise
Define social enterprise 1,
What are common features of a soc...
2  cards
Sole traders and Partnerships
Sole traders 1,
Partnerships 2,
Pros of a partnership 3
6  cards
Sectors and economies
Public sector 1,
Private sector 2,
Mixed economy 3
7  cards
LTD's and PLC's
Private limited company ltd 1,
Public limited company plc 2,
Pros of a ltd 3
6  cards
Coop/ Joint ventures/ Franchises
Cooperatives 1,
Joint ventures 2,
Pros of a cooperative 3
8  cards
SME/ Family business/ Government help for SMEs
Govt assistance for small busines...,
Pros of a small business 2,
Pros of a large business 3
9  cards
Size of business
5 ways to measure size of business 1,
Revenue 2,
Capital employed 3
14  cards
Business aims, objectives and mission statements
Objective 1,
Mission statement 2,
Factors effecting corporate objec...
4  cards
Stakeholders
Stakeholder 1,
Owner 2,
Customers 3
10  cards
Formula
Net cash flow 1,
Opening balance 2,
Closing balance 3
6  cards
Cash flow
Advantages of cash flows 1,
Net cash flow 2,
Opening balance 3
5  cards
Break even and Margin of Safety
Advantages of break even 1,
Disadvantages of break even 2,
Break even 3
4  cards
Profitability Ratios
Gross profit margin formula 1
1  cards
SOFP (Statement of Financial Position)
0  cards

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Business

  • Class purpose General learning

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