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

Decks in this class (25)

Business Ownership
What does business ownership refe...,
What are the different types of b...,
What is a sole trader 3
34  cards
Sectors of the Economy
What are the three types of secto...,
What is the public sector 2,
What are the key features in the ...
10  cards
Sectors of Industry
What are the three different type...,
What does the primary sector do 2,
What does the secondary sector do 3
16  cards
Types of Economy
How are economies classified 1,
What are the three main types of ...,
What is the command economy 3
13  cards
The Business Cycle
What is gross domestic product gdp 1,
How often is the health of the co...,
What is the government department...
14  cards
Cash Flow
What is cash flow 1,
What is a cash flow forecast 2,
How is cash flow predicted 3
12  cards
Pricing
What factors contribute to a busi...,
What is a pricing strategy 2,
What are the two main categories ...
14  cards
Elasticity of Demand
What is elasticity of demand 1,
What is demand 2,
What type of products aren t affe...
8  cards
Depreciation
What is depreciation 1,
What does the phrase to depreciat...,
What are the two methods to work ...
12  cards
VAT
What does vat stand for 1,
What is vat 2,
How much should a business must e...
4  cards
Job Roles
What are the four main levels of ...,
What are directors 2,
What are the responsibilities of ...
9  cards
Recruitment
What is the process of recruiting...,
What is a job description 2,
What should be included in a job ...
13  cards
Employment Law
What is employment law 1,
What does employment law ensure 2,
What are the key aspects of emplo...
4  cards
Organisational Structures
What do organisational structures...,
What are the two types of organis...,
What is a flat organisational str...
8  cards
Functional Areas
What are functional areas within ...,
What are the different functional...,
What is human resources 3
18  cards
Business Location
What factors should businesses co...,
Why should businesses consider ta...,
Why should businesses consider tr...
10  cards
Record Keeping
What is record keeping 1,
What records should a business in...,
What should a financial record co...
8  cards
Physical Resources
What are physical resources 1,
What are the two categories physi...,
What is capital expenditure 3
6  cards
Product Differentiation
What is product differentiation 1,
Why do businesses differentiate t...,
What is a core product 3
7  cards
The Product Life Cycle
What is the product life cycle 1,
What are the six stages of the pr...,
What is the development stage 3
17  cards
Product Portfolios
What is a product portfolio 1,
What does a well balanced product...,
What two categories do product po...
6  cards
Distribution Channels
What are distribution channels 1,
What are the two types of distrib...,
What is direct distribution 3
8  cards
The Supply Chain
What is the supply chain 1,
What does the supply chain consis...,
What does a strong supply chain h...
3  cards
Promotion Methods
What does promotion mean 1,
What are promotional methods 2,
What do promotional methods help ...
21  cards
The Marketplace
What is a business s market 1,
What is a fundamental marketing a...,
What does a fundamental marketing...
9  cards

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Business

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