This class was created by Brainscape user Lily Smith. Visit their profile to learn more about the creator.
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Lily Smith
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Decks in this class (15)
Topic 1.1 Enterprise and entrepreneurship
Dynamic market,
Why new business ideas come about,
Changes in technology changes in ...
40
cards
Topic 1.2 Spotting a business opportunity
What is the purpose of market res...,
Purpose of market research,
Examples of primary research
8
cards
Topic 1.3 Putting a business idea into practice
What is a business aim,
What is a business objective,
Examples of financial objectives ...
66
cards
Topic 1.4 Making the business effective
1
cards
Topic 1.5 Understanding external influences on business
Define limited liability,
What are all the examples of stak...,
Define e commerce
15
cards
Topic 2.1 Growing the business
Internal organic growth,
Business growth is often an impor...,
Give 3 methods of organic growth
77
cards
Topic 2.2 Making marketing decisions
What are the three factors in the...,
What are the stages of the produc...,
Define product life cycle
37
cards
Topic 2.3 Making operational decisions
What does business operations mean,
What is the production process,
Outline 2 purposes of business op...
19
cards
Topic 2.4 Making financial decisions
Gross profit,
Gross profit formula,
What is net profit
25
cards
1+2 markers
0
cards
Calculations
Total costs,
Revenue,
Break even
13
cards
3 markers
Format of explain 3 marker 6 of t...
1
cards
6 markers
Format of analyse 6 markers,
Format of discuss 6 marker
2
cards
9 markers
Format of justify 9 marker
1
cards
12 markers
Format for evaluate 12 marker 1 q...,
Example
3
cards
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BUSINESS
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