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Decks in this class (60)
1 Enterprise
Entrepreneur 1,
Customer 2,
Consumer 3
13
cards
2.1 Economic sectors
Private limited companies 1,
Initial public offering 2,
Public limited companies 3
13
cards
2.2 Business ownership
Sole traders 1,
Unlimited liability 2,
Partnership 3
11
cards
3.1 Measurements of business size
Revenue 1,
Capital employed 2,
Market capitalization 3
4
cards
3.3 Business growth
Organic growth 1,
External growth 2,
Mergers 3
10
cards
4 Business objectives
Business objectives 1,
Corporate social responsibility 2,
Pressure groups 3
13
cards
5 Stakeholders in a business
Stakeholder 1,
External stakeholders 2,
Internal stakeholders 3
5
cards
6.1 Political and legal influences
Privatization 1,
Nationalization 2,
Minimum wages 3
5
cards
6.2 Social and demographic influences
Demographic 1,
Corporate social responsibility c...,
Globalization 2
4
cards
6.3 Technological influences on business activities
Information technology it 1,
Job enrichment 2
2
cards
6.5 International influences
Protectionism 1,
Tariffs 2,
Quotas 3
5
cards
6.6 Environmental influences on business activity
Greenwashing 1,
Environmental audits 2,
Sustainability 3
4
cards
10.2 Workforce planning
Human resource management hrm 1,
Workforce planning 2,
Workforce audit 3
4
cards
10.3 Recruiting and employing employees
Recruitment 1,
Selection 2,
Recruitment agency 3
13
cards
10.4 Redundancy and dismissal of employees
Redundancy 1,
Dismissal 2,
Unfair dismissal 3
3
cards
10.5 Employee morale and welfare
Employee morale 1,
Employee welfare 2,
Work life balance 3
5
cards
10.6 Training and developing employees
Training 1,
Induction training 2,
On the job training 3
6
cards
10.7 Management and workforce relations
Industrial action 1,
Collective bargaining 2,
Trade union recognition 3
3
cards
11.2 Human needs
Motivation 1,
Human needs 2
2
cards
11. 3 Motivational theories
Piece rate 1,
Self actualization 2,
Motivators motivating factors 3
11
cards
11. 4 Motivation methods in practice
Time based wage rate 1,
Piece rate 2,
Salary 3
19
cards
12.1 Management and managers
Autocratic management 1,
Democratic management 2,
Paternalistic management 3
6
cards
12.2 McGregor's Theory X and Theory Y
Theory x 1,
Theory y 2,
Fayol s views on the roles of man...
4
cards
17.1 Role of marketing
Marketing 1,
Corporate objectives 2,
Marketing strategy 3
4
cards
17.2 Demand and supply
Demand 1,
Supply 2,
Equilibrium price 3
3
cards
17.3 Markets
Market segments 1,
Industrial market 2,
Consumer market 3
7
cards
17.4 Consumer marketing (B2C) and industrial marketing (B2B)
Consumer products 1,
Industrial products 2
2
cards
17.5 Mass marketing and niche marketing
Mass marketing 1,
Niche marketing 2
2
cards
17.6 Market segmentation
Market segmentation 1,
Consumer profile 2
2
cards
18.1 Market research
Market research 1,
What is the purpose of market res...
2
cards
18.2 Primary research and secondary research
Primary research 1,
Secondary research 2,
Qualitative data 3
4
cards
18.3 Sampling
Sampling 1,
Sample 2,
Sampling bias 3
3
cards
18.4 Market research data
Arithmetic mean 1,
Mode 2,
Median 3
5
cards
23.1 The production (transformation) process
Intellectual capital 1,
Transformation process 2,
What are the factors of production 3
3
cards
23.2 Efficiency, effectiveness, productivity and sustainability
Productivity 1,
Level of production 2,
Production 3
6
cards
23.3 Labour intensive and capital intensive operations
Labor intensive 1,
Capital intensive 2
2
cards
23.4 Operations (production) methods
Job production 1,
Batch production 2,
Flow production 3
4
cards
24.1 Managing inventory
Inventory 1,
Inventory management 2,
Economic order quantity eoq 3
9
cards
24.2 Just-in-time (JIT) inventory management
Just in time jit inventory manage...,
Just in case jic inventory manage...
2
cards
25 Capacity utilisation and outsourcing
Capacity utilization 1,
Outsourcing 2,
Maximum full capacity 3
7
cards
29.1 The need for business finance
Start up capital 1,
Working capital 2,
Short term finance 3
9
cards
29.2 Working Capital
Current assets 1,
Current liabilities 2,
Capital expenditure 3
4
cards
29.3 Sources of finance
Internal source 1,
External source 2,
Retained earnings retained profit 3
15
cards
30.1 Cash flow forecasts: meaning and purpose
Cash flow 1,
Insolvent 2,
Cash flow forecast 3
11
cards
31.1 The need for accurate cost information
Cost center 1,
Direct cost 2,
Indirect costs 3
5
cards
31.2 Approaches to costing
Profit centers 1,
Average cost 2,
Full costing 3
5
cards
31. 4 Break-even analysis
Break even analysis 1,
Margin of safety 2,
Contribution per unit 3
3
cards
32.1 The meaning and purpose of budgets
Budgeting 1,
Budget holder 2,
Variance analysis 3
9
cards
19.1 The elements of the marketing mix
Product 1,
Marketing mix 2
2
cards
19.2 Product: why is this a key part of the marketing mix?
Goods 1,
Services 2,
Brand 3
9
cards
19.3 Product portfolio analysis
Product portfolio analysis 1,
Product life cycle 2,
Consumer durables 3
5
cards
19.4 Price is a key part of the marketing mix
Mark up pricing 1,
Cost plus pricing 2,
Contribution cost pricing 3
9
cards
20.1 Promotion methods
Promotion 1,
Advertising 2,
Direct promotion 3
10
cards
20.2 Place: and important part of the marketing mix
E commerce 1,
Channel of distribution 2,
Online marketing e commerce 3
6
cards
0. Formulae
Average cost 1,
Break even level of output 2,
Capacity utilization 3
15
cards
7.2 How governments deal with market failure
Market failure 1,
External cost 2,
Blank 3
3
cards
7.3 Macroeconomic objectives of governments
Macroeconomic objectives 1,
Economic growth 2,
Gross domestic product gdp 3
9
cards
7.4 How economic objectives and performance impact business activity
Recession 1,
Business investment 2,
Labor productivity 3
8
cards
7.5 Government policies to achieve macroeconomic activities
Monetary policy 1,
Fiscal policy 2,
Budgets deficit 3
9
cards
28 Operations strategy
Computer aided design cad 1,
Computer aided manufacturing cam 2,
Operational flexibility 3
18
cards
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Business
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