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Decks in this class (25)
what is business?
What is a mission statement 1,
What are objectives 2,
Features of a sole trader 3
16
cards
Managers, Leadership and decisions
What do managers do 1,
What is an autocratic leadership ...,
What s a democratic leadership st...
9
cards
Marketing
What is the difference between ma...,
What are the 4 marketing objectiv...,
What is the difference between co...
23
cards
operations
What are some aspects of operatio...,
How can you make sure you have go...,
What is capacity 3
26
cards
finance
What are 3 examples of fixed costs 1,
What are 3 example of variable co...,
Give 3 examples of cash inflows 3
20
cards
Formulas
learn all
30
cards
3.7.1 - strategic missions and objectives
What are 3 features of making str...,
What are the 5 internal influence...,
What ownership influences need to...
6
cards
3.7.2 - financial ratios
What does a balance sheet show 1,
What does an income statement show 2,
What is meant by benchmarking aga...
13
cards
3.7.3 - overall performance
What is short termism 1,
What is long termism 2,
What are the three sectors of elk...
5
cards
3.7.4 - political and legal change
What do legislations and regulati...,
What are the 3 types of competiti...,
What do anti competitive agreemen...
8
cards
3.7.5 - economic change
What is gdp 1,
What are 3 examples of causes of ...,
How does economic growth impact s...
21
cards
3.7.6. social and technological
What is urbanisation 1,
What is the impact of urbanisatio...,
What is a downside to rapid urban...
15
cards
3.7.7 porters 5 forces
What are the 5 forces 1,
What is meant by threat of new en...
2
cards
3.7.8 - investment appraisal
What is investment appraisal 1,
What is payback 2,
How do you calculate payback 3
9
cards
3.8.1 - strategic direction
What are the 4 sectors of ansoff ...,
What is market penetration 2,
What is market development 3
5
cards
3.8.2 - strategic positioning
What benefits can you get from fo...,
What benefits can you get from fo...,
What is cost leadership 3
7
cards
3.9.1 - assessing change in scale
Why might businesses choose to gr...,
What is retrenchment 2,
What could cause retrenchment 3
19
cards
3.9.2 - assessing innovation
What is innovation 1,
How can you be innovative 2,
What are the 2 types of innovation 3
8
cards
3.9.3 - internationalisation
Why do businesses operate abroad 1,
What is exporting 2,
What are the pros of exporting 3
23
cards
3.9.4 - digital technology
How does digital technology effec...,
What is meant by big data 2,
What can businesses use big data ...
7
cards
3.10.1 - managing change
What are 3 challenges to managers...,
3 factors of internal changes 2,
3 factors of external change 3
14
cards
3.10.2 culture
What is business culture 1,
Give 2 reasons why culture is imp...,
What is a dynamic market 3
12
cards
3.10.3 - managing strategic implementation
What is strategic implementation 1,
Give 4 factors influencing strate...,
What are 3 roles of leadership in...
12
cards
3.10.4 - strategic decision making
What is strategic decision making 1,
What is meant by a planned strate...,
What is meant by an emergent stra...
16
cards
Handy's culture model
What is power culture 1,
What is role culture 2,
What is task culture 3
4
cards
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