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

Decks in this class (12)

Exam Question Structure
Pecan pie structure stands for,
4 marker includes,
6 marker includes
5  cards
Paper 1
Variance equation,
Break even output equation,
Contribution per unit equation
14  cards
ALL EQUATIONS + Financial Ratios
Revenue,
Profit,
Market capitalisation
45  cards
3.1 What is business?
Define a mission statement,
Advantages of mission statements,
Why is it important to share a mi...
66  cards
3.2 MANAGEMENT, LEADERSHIP AND DECISION MAKING
State the five key tasks of a man...,
State the three levels of management,
Define senior management
53  cards
3.3 Decision Making to Improve Marketing Performance
Define price elasticity,
Define price inelasticity,
Define income elasticity
261  cards
3.4 DECISION MAKING TO IMPROVE OPERATIONAL PERFORMANCE
Define excess capacity,
Define unit costs,
Describe what lower unit costs wo...
175  cards
3.5 DECISION MAKING TO IMPROVE FINANCIAL PERFORMANCE
Define net profit,
Define net profit margin,
Define gross profit
115  cards
3.6 Decision making to improve human resource performance
Name effective ways of measuring ...,
Operational ways of measuring the...,
Marketing ways of measuring the w...
189  cards
3.7 ANALYSING THE STRATEGIC POSITION OF A BUSINESS
Define assets,
Define liabilities,
Define non current assets
325  cards
3.9 STRATEGIC METHODS –HOW TO PURSUE STRATGIES
Define streamlining,
Advantages of streamlining,
Define retrenchment
153  cards
3.10 MANAGING STRATEGIC CHANGE
When does change occur in a business,
What is critical path analysis,
What is critical path
73  cards

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Business

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