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

Decks in this class (21)

U1: Understanding the Nature and Purpose of Business
Definition of a business 1,
Definition of business objectives 2,
Definition of corporate objectives 3
39  cards
U1: Understanding Different Business Forms
What are sole traders 1,
What are partnerships 2,
What are private limited companie...
36  cards
U1: Understanding that Businesses Operate within an External Environment
Why do all businesses operate in ...,
What does pestle stand for 2,
Political factors 3
22  cards
U2: Understanding Management and Leadership
Definition of leadership 1,
Definition of management 2,
Difference between leaders and ma...
23  cards
U2: Understanding Management and Decision Making
What are many decisions in busine...,
What are more tactical decisions ...,
What is the scientific decision m...
25  cards
U2: Understanding the Role and Importance of Stakeholders
What is a stakeholder 1,
What are internal stakeholders 2,
What are external stakeholders 3
19  cards
U3: What is Marketing and its Objectives
What is marketing 1,
What is marketing primarily focus...,
What is marketing a form of and w...
65  cards
U3: Understanding Customers and Market
What is market research 1,
What can market prove in relation...,
What is the primary aim of market...
98  cards
U3: Segmentation, Targeting and Positioning
What is market segmentation 1,
What does segmentation allow busi...,
What does segmentation help with 3
40  cards
U3: Marketing Mix
What choices do businesses have w...,
What is the marketing mix 2,
What is the marketing mix a remin...
42  cards
U4: Setting Operational Objectives
What is operations management 1,
What is the operations process 2,
What is included in operations 3
20  cards
U4: Analysing Operational Performance
Calculations of operations data 1,
What is labour productivity 2,
What is labour productivity calcu...
12  cards
U4: Increasing Efficiency and Productivity + Lean Production and Technology
What is the definition of efficie...,
What does an efficient use of inp...,
What does lower unit costs enable 3
54  cards
U4: Quality
What is a quality product service 1,
What are the tangible measures of...,
What does intangible mean 3
25  cards
U4: Inventory Management
What does inventory mean 1,
What are the three main types of ...,
Type of inventory raw materials 3
28  cards
U4: Supply Chains
What do supply chains and supplie...,
What is a supplier 2,
What is an example of a typical s...
12  cards
U5: Setting Financial Objectives
What are financial objectives 1,
What are the benefits of setting ...,
What do all businesses face 3
36  cards
U5: Break Even Analysis
What is break even analysis 1,
What is the break even output for...,
What is contribution 3
12  cards
U5: Analysing Profits + Cash Flow Management
What are the different types of p...,
What are the ways of calculating ...,
What is the difference between pr...
12  cards
U5: Sources of Finance + Setting Budgets
0  cards
U5: Improving Cashflow and Profits
0  cards

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Business

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