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

Decks in this class (45)

unit 1.2
Sole trader 1,
Partnership 2,
Private sector 3
8  cards
unit 4.1
Organisational structures 1,
Span of control 2,
Organisational chart 3
10  cards
unit 4.2
Recruitment 1,
Selection 2,
Retention 3
9  cards
unit 4.3
Motivation 1,
Financial method of motivation 2,
Non financial method of motivation 3
19  cards
unit 4.4
Training 1,
Induction training 2,
On the job training 3
12  cards
unit 3.1
Production 1,
Operation management 2,
Job production 3
14  cards
equations
How to work out profit 1,
How to work out total costs 2,
How to work out total variable co...
9  cards
3.2
Procurement 1,
Opportunity cost 2,
Just in time jit 3
7  cards
unit 1 knowledge review (no answers)
What is meant by a service 1,
Describe one characteristic of an...,
State two factors of production 3
31  cards
1.1 (quizlet version)
Customer 1,
Consumer 2,
Want 3
20  cards
1.2 (quizlet version)
Soletrader 1,
Partnership 2,
Private limited company 3
10  cards
1.3 (quizlet version)
Objective 1,
Aim 2,
Market share 3
11  cards
1.7 (quizlet version)
Unit costs formula 1,
Economies of scale 2,
Diseconomies of scale 3
15  cards
financial performance of a business
Fixed assets 1,
Current assets 2,
Current liabilities 3
16  cards
unit 1.4 (quizlet version)
Stakeholder 1,
Internal stakeholder 2,
External stakeholder 3
13  cards
unit 1.5 (quizlet version)
Protectionism 1,
Domestic businesses 2,
Quota 3
8  cards
unit 1.6 (quizlet version
Revenue calculation 1,
Fixed cost 2,
Variable costs 2
7  cards
unit 2.1 (quizlet version)
Intranet 1,
Extranet 2,
E commerce 3
4  cards
unit 2.2 (quizlet version)
Ethical 1,
Unethical 2,
External costs 3
9  cards
unit 2.3 (quizlet version)
Interest rates 1,
Consumer spending 2,
Unemployment 2
13  cards
unit 2.4 (quizlet version)
Globalisation 1,
Exchange rates 2,
Interconnected 2
12  cards
unit 2.5 (quizlet version)
Employment law 1,
Health and safety law 2,
Consumer law 3
3  cards
unit 2.6 (quizlet version)
Market 1,
Monopoly 2,
Competitors 2
7  cards
unit 3.1 (quizlet version)
Job production 1,
Lean production 2,
Flow production 2
9  cards
unit 3.2 (quizlet version)
Procurement 1,
Suppliers 2,
Logistic 3
3  cards
unit 3.3 quizlet version
Quality 1,
Total quality management tqm 2,
Quality control 3
3  cards
unit 3.4 quizlet
Customer service 1,
Positive customer engagement 2,
Customer 3
5  cards
unit 4.1 quizlet
Organisational structure 1,
Employee 2,
Employer 2
17  cards
unit 4.2 quizlet
Recruitment 1,
Employee retention 2,
Internal recruitment 3
10  cards
unit 4.3 quizlet
Motivation 1,
Financial methods of motivation 2,
Non financial methods of motivati...
19  cards
unit 4.4 quizlet
Training 1,
Induction training 2,
On the job training 3
4  cards
unit 5.1 quizlet
The exchange process 1,
Unique selling point 2,
Competitors 3
3  cards
unit 5.2 quizlet
Segmentation 1,
Market segments 2,
Niche market 3
4  cards
unit 5.3 quizlet
Market research 1,
Demand 2,
Competitors 3
8  cards
unit 5.4 quizlet
The marketing mix 1,
4 p s 2,
Price 3
7  cards
unit 5.5 quizlet
Product range 1,
Product portfolio 2,
Product differentiation 3
18  cards
unit 5.6 quizlet
Price skimming 1,
Price penetration 2,
Competitive pricing 3
9  cards
unit 5.7 quizlet
Promotional activities 1,
Sales promotion 2,
Advertising 3
6  cards
unit 5.8 quizlet
Place 1,
Distribution 2,
Ecommerce 3
8  cards
unit 6.1 quizlet
Sources of finance 1,
Internal source of finance 1,
External source of finance 2
14  cards
unit 6.2 quizlet
Cash flow 1,
Cash inflow 2,
Cash outflow 2
6  cards
unit 6.3 quizlet
Average rate of return 1,
Investment 2,
Life expectancy 3
11  cards
unit 6.4 quizlet
Income statement 1,
Cost of sales 2,
Overheads 2
16  cards
organic/inorganic
Methods of organic internal growth 1,
Methods of inorganic external gro...
2  cards
mock questions
Reasons to create a business plan 1,
Economic influence on customer sp...,
Reasons for conducting market res...
8  cards

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