This class was created by Brainscape user rachel wafelbakker. Visit their profile to learn more about the creator.
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Decks in this class (29)
1.1 - business activity
business activity
14
cards
1.2 - classification of businesses
classification of businesses
5
cards
1.3 - enterprise, business growth and size
enterprise, business growth and size
12
cards
1.4 - types of business organisations
types of business organisations
14
cards
1.5 - business and stakeholder objectives
business and stakeholder objectives
12
cards
2.1 - motivating employees
motivating employees
24
cards
2.2 - organisation and management
organisation and management
19
cards
2.3 - recruitment, selection and training employees
What is the process of recruitment,
What is job analysis,
What is a job description
37
cards
2.4 - internal and external communication
What is communication,
What are the 2 types of communica...,
What are the four features of eff...
10
cards
3.1 - marketing, competition and the customer
What is marketing,
What is the role of marketing,
Why might customer spending patte...
13
cards
3.2 - market research
What is market research,
What is a product oriented business,
What is a market oriented business
24
cards
3.3.1 - marketing mix - product
What is the marketing mix,
What are the benefits and drawbac...,
What is brand image
13
cards
3.3.2 - marketing mix - price
What is cost plus pricing,
What are the benefits and drawbac...,
What is competitive pricing
13
cards
3.3.3 - marketing mix - place
What is a distribution channel,
What are the four distribution ch...,
What are the benefits and drawbac...
6
cards
3.3.4 - marketing mix - promotion
What are the two types of promotion,
What are the aims of promotion,
What are the two types of adverti...
13
cards
3.3.5 - marketing mix - technology and the marketing mix
What is e commerce,
What are the benefits of e commerce,
What are the drawbacks of e commerce
5
cards
3.4 - marketing strategy
What is a marketing strategy,
What are some legal controls on m...,
What are the opportunities of ent...
8
cards
4.1 - production of goods and services
What is production,
What is productivity,
How do you calculate productivity
23
cards
4.2 - costs, scale of production and breakeven analysis
What are fixed costs overheads,
What are variable costs,
What are total costs
17
cards
4.3 - achieving quality production
What is quality,
5 reasons why quality is important,
What is quality control
11
cards
4.4 - location decisions
5 factors influencing the locatio...,
Factors influencing the location ...,
5 factors to consider when decidi...
4
cards
5.1 - business finance: needs and sources
Why do businesses need finance,
What is capital expenditure,
What is revenue expenditure
32
cards
5.2 - cash-flow forecasting and working capital
Why is cash important to a business,
What is a cash flow forecast,
What are cash inflows reciepts
12
cards
5.3 - income statements
What is profit,
What is cash,
Why is profit important to privat...
11
cards
5.4 - statement of financial position
What is a statement of financial ...,
What are the two parts of a sofp,
What is an asset
11
cards
5.5 - analysis of accounts
What is profitability,
What are the profitability ratios,
What is gross profit margin
15
cards
6.1 - Economic Issues
4 main stages of the business cyc...,
Impact on a business of unemployment,
4 economic objectives of the gove...
12
cards
6.2 - Environmental and Ethical Issues
How can business activity impact ...,
What are externalities,
What are external costs and 3 exa...
15
cards
6.3 - Business and the International Economy
What is globalisation,
4 reasons for increase in globali...,
4 opportunities of globalisation ...
12
cards
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Business
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