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

Decks in this class (20)

LO2:Functions of a business
What is finance functional area 1,
What is marketing 2,
What is sales 3
19  cards
LO2:Ownership types
What is a sole trader 1,
Advantages of a sole trader 2,
Disadvantageous of a sole trader 3
23  cards
LO1: sectors
What three business sectors are t...,
What is the primary sector 2,
What is the secondary sector 3
8  cards
LO1: sectors of the economy
What three sectors are there in t...,
What is the private sector 2,
What is the public sector 3
7  cards
LO1:legal structures
What are the two types of legal s...,
What is incorporated legal struct...,
What is unincorporated legal stru...
3  cards
LO1:sole trader
What is a sole trader 1,
Examples of a sole trader 2,
What is unlimited liabillity 3
5  cards
LO1: unincorporated associations
What is an unincorporated associa...,
What is an example of an unincorp...,
Advantages of unincorporated asso...
4  cards
LO1: business activity
What are the three business secto...,
What is the primary sector 2,
What is the secondary sector 3
7  cards
LO1: businesses aims and objectives
What is a business aim 1,
What is a business objective 2,
What are the 5 aims and objectives 3
5  cards
LO1: partnerships
What is a partnership 1,
What is the deed of partnership 2,
What does a deed of partnership n...
8  cards
LO1: limited companies
What is limited company 1,
What is the article of association 2,
What is memorandum of assocation 3
6  cards
LO1: private limited companies
What is a private limited compani...,
What is limited liability 2,
What are the advantages of ltds 6 3
4  cards
LO1:state owned businesses
What is a public sector organisat...,
What are the two types of public ...,
Wat are public corporations 3
10  cards
LO3: different organisational structures
What is an organisational structu...,
What three ways can organisation ...,
What is a functional approach 3
8  cards
LO4: essential financial terms
What are fixed costs 1,
Can fix costs change and if they ...,
Examples of fixed costs 3 3
6  cards
LO3:elements of organisational structures
0  cards
LO3:the impact of structure on a business
What is delegation 1,
Can delegation be done by anyone 2,
Advantages of delegation 3
12  cards
LO3:using organisational charts
0  cards
LO4:Breakeven
Break even output formula 1,
What is contribution 2,
Contribution per unit formula 3
3  cards
LO4:essential financial terms
0  cards

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Business

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