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

Decks in this class (25)

chapter 4
What are the types of business or...,
What are the advantages of being ...,
Disadvantages of being a sole tra...
22  cards
chapter 5
Why do businesses set objectives 1,
What are the objectives businesse...,
What is a stakeholder 3
9  cards
chapter 6
Define motivation 1,
Why do people work 2,
Benefits of well motivated work f...
10  cards
chapter 7
What is organizational structure 1,
Features of organizational struct...,
Advantages of organizational chart 3
20  cards
chapter 10
What is the role of marketing 1,
Objectives of marketing department 2,
What is a market 3
20  cards
chapter 8
The role of the hr human resource...,
When does a vacancy arise 2,
What is job analysis 3
38  cards
chapter 9
In order to have effective commun...,
What is one way communication 2,
What is two way communication 3
28  cards
chapter 11
Define product orientated business 1,
Define market orientated business 2,
Define market research 3
34  cards
chapter 1
Define needs 1,
Define wants 2,
What are the factors of production 3
12  cards
chapter 2
What are the sectors of industry 1,
What does sector importance depen...,
Reasons for changes in sector imp...
11  cards
chapter 3
What is an entrepreneur 1,
Characteristics of successful ent...,
Advantages of starting your own b...
19  cards
chapter 12
What is marketing mix 1,
Types of products 2,
What are consumer goods 3
25  cards
chapter 13
What is cost plus pricing 1,
Advantages of cost plus pricing 2,
Disadvantages of cost plus pricing 3
19  cards
chapter 16
Benefit of advertising on social ...,
Disadvantages of advertising on s...,
Benefits of advertising on the bu...
9  cards
chapter 14
What are the aims of promotion 1,
What does promotion include 2,
What is advertising 3
27  cards
chapter 15
What is distribution channel 1 1,
Advantages of distribution channe...,
Disadvantages of distribution cha...
12  cards
chapter 17
What is marketing strategy 1,
What does a marketing strategy de...,
Legal controls on marketing 3
6  cards
chapter 22
Why do businesses need finance 1,
Define start up capital 2,
Define working capital 3
69  cards
chapter 24, 25
What are final accounts 1,
What are income statements 2,
Profit equation 3
14  cards
chapter 26
What is profitability ratio 1,
How is profitability calculated 2,
What is level of long term debt r...
10  cards
chapter 23
Define profit 1,
Define cashflow 2,
How can a profitable business run...
16  cards
chapter 18
Define production 1,
Define productivity 2,
How is productivity measured 3
40  cards
chapter 20
What is quality 1,
Why is quality needed 2,
What if quality is not maintained 3
14  cards
chapter 19
Why would a business calculate co...,
Types of costs 2,
What are fixed costs 3
24  cards
finance equations
Gross profit 1,
Net profit 2,
Retained profit 3
12  cards

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