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George Shelford
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Decks in this class (62)
Price and Income elasticity of demand
What is meant by income elasticit...,
What does income elasticity measure,
Formulae for income elasticity of...
13
cards
Strategic Clock
What does bowman strategic clock ...,
Purpose of bowmans clock,
Give all 8 positions on bowmans c...
3
cards
3.10.3 Managing Strategic Implementation / Role Of Organisational Structures In Strategic Implementation
What is strategic implementation,
What will leaders aim to do,
What stages might be included in ...
6
cards
3.10.2 Managing Organisational Culture
Forming a business culture,
What 4 distinct culture types did...,
What is power culture
11
cards
3.10.1 Managin Change
What is the value of change for a...,
Different types of change and how...,
What is lewis s force field analy...
10
cards
3.9.4 Assesing the use of financial technology
What is e commerce,
Benefits of e commerce,
Drawbacks of ecommmerce
16
cards
3.9.3 Aseesing Internalisation
Incentives for business operating...,
Risk against businesses entering ...,
Methods of entering international...
29
cards
3.9.2 Assesing Innovation
What does innovation involve,
Pressures of innovation,
What techniques or policies must ...
12
cards
3.9.1 Assesing A Change In Scale / Manegin Growth / Types And Methods Of Growth
When do diseconomies of scale occur,
Identify factors of diseconomies ...,
When does overtrading occur
17
cards
3.8.2 Porters Strategies / Bowmans Strategic Clock / Comparing Strategic Positions / The Value Of Strategic Positioning
What will strategic positioning i...,
What did porter say businesses ne...,
How may a business be able to ach...
21
cards
3.8.1 Choosing Strategic Direction
Strategic direction involves,
What does the ansoff mix allow a ...,
What are the four strategic optio...
17
cards
3.7.8 Investment Appraisal
What is investment appraisal,
When may investment appraisal be ...,
Financial methods of investment a...
18
cards
3.7.7 The Competitive Enviroment
What does the competitive environ...,
What are porters five competitive...,
What other theories can porters f...
16
cards
3.7.6 Social/Technological Change + Corporate Social Responsibility
What does social change relate to...,
Key demographic factors,
What is demography and why may a ...
21
cards
3.7.5 economic factors / Fiscal and monetary policies / trade and protectionism / globalisation
What is an exchange rate,
When do exchange rates change,
What happens if pound increases i...
38
cards
3.7.4 Political / Legal / Economic Change
What does the political environme...,
Factors influenced by political e...,
What do uk and eu political decis...
37
cards
3.7.3 Anyalysing Internal Position
What are the 3 measures of intern...,
Identify to measures of marketing...,
Identify two measures of operatio...
20
cards
Using Financial Ratios 3.7.2
What are financial ratios and wha...,
What are the four types of finana...,
What do profitability ratios prov...
45
cards
3.7.2 Financial Accounts 1 and 2
What will an income statement do,
What is the difference between gr...,
What does an income statement show
21
cards
3.7.1 Mission and corporate objectives
What does a mission statement set...,
What do mission statements typica...,
What may influence the missions o...
25
cards
3.6.5 Employee Employer Relations
What is meant by employee represe...,
What are the three key ways emplo...,
What are trade unions and what ar...
15
cards
3.6.4 Part 2 Non financial methods of motivation
What are the four non financial m...,
What is job design and what are i...,
What is the appraisal system and ...
16
cards
3.6.4 Motivational Theories
What does motivation refer to,
What is the basis of frederick ta...,
What is frederick taylor s theory...
26
cards
Managing The Human Resource Flow
What is meant by human resource flow,
What is the purpose of human reso...,
What does hr predict
20
cards
Improving Organisational Design
What does organisational design show,
What does and organisational char...,
Organisational chart structure fr...
28
cards
Interpreting Human Resource Data
Figures hr consider when making d...,
Labour productivity equation,
How may a company use hr decision...
23
cards
3.6 Human Resource Objectives
What is the purpose of hrm,
What are 3 hr department objectives,
How may a business use hr to matc...
14
cards
3.5 Break Even Analysis
What is contribution,
How to calculate contribution per...,
What two formulae can be used to ...
13
cards
3.5 1 Setting Financial Objectives
What are financial objectives,
The value of financial objectives
2
cards
3.5
What is financial accounting,
Management accounting,
Examples of financial tools
3
cards
3.1.2
What is a sole trader,
What does a sole trader own,
Advantages of being a sole trader
19
cards
3.1.1
What is profit,
Relationship between missions and...,
Common business objectives
8
cards
Investment Appraisal - Payback Period
What is investment appraisal,
What are the main methods of inve...,
What is meant by payback period
7
cards
Financial Objectives
What is a financial objective,
What is capital,
Likely financial objectives
5
cards
Budgeting
What is budgeting,
What is budgetary control,
What do budgets do
3
cards
Profitability
What is profit,
What is meant by profitability,
Is it possible to generate profit...
5
cards
Sources Of Finance
Internal finance,
External finance,
What is meant by debt factoring
10
cards
Cash Flow
What factors affect cash flow,
How do you improve cash flow from...,
Ways to increase cash flow
14
cards
Gearing
What does gearing measure,
Gearing equation,
Ways to reduce gearing
4
cards
Financial Efficiency Ratios
What do financial efficiency rati...,
What 4 efficiency ratios are there,
Equation for assets turnover
7
cards
Elkington Triple Bottom
What is the triple bottom line,
Advantages of triple bottom line
2
cards
Year 13 - November Test
What does the income statement sh...,
What does gross profit show,
What is meant by cost of sales cogs
20
cards
Understanding markets and customers
Advantages of primary market reseach,
Advantages of secondary market re...,
What is sampling
7
cards
Making marketing decisions (segmentation, targeting, positioning)
What is meant by market segmentation,
What is niche marketing,
Sections of market map
8
cards
Using the marketing mix
What are the 7 ps,
What is meant by people,
What is meant by process
5
cards
Boston matrix
What does the boston matrix help ...,
What are the stars and what may t...,
What are cash cows and what may t...
11
cards
Branding
What is an early adopter,
What is mean by a mark up,
What is meant by price skimming
7
cards
Marketing
What is meant by physical market,
What is meant by a virtual market,
What is meant by multi channel di...
12
cards
Digital marketing and e commerce
What is e commerce,
Advantages of digital marketing,
What is meant by floating on stoc...
3
cards
Budgeting
What is a budget,
What is budget control,
When may management use a budget
8
cards
3.1 PP7 - Role of shareholders
Why may share holders be known as...,
Where are stock and shares sold,
What is a dividend
8
cards
Common business objectives
Acronym which determines good bus...,
Factors that may influence busine...
2
cards
Profit
What is profit
1
cards
Unlimited liabilty, Limited liabilty, Sole traders
Whats the difference between limi...,
Businesses with unlimited liability,
Adv and dis adv of private limite...
3
cards
Ownership: Aims and objectives
Difference between private an pub...,
Give examples of businesses in ea...,
What is meant by the term privati...
5
cards
3.3
Give 3 examples of marketing obje...,
Market share formulae,
Benefits of high market share
17
cards
3.3 pt2
Distinguish difference between pr...,
Cost plus pricing,
Calculation for mark up
25
cards
Price discrimination
0
cards
Fiscal policy
What two things does the fiscal p...,
What does raising tax rates do,
What does lowering tax rates do
11
cards
3.5 3 Financial objectives
What are the seven types of finan...,
Revenue objectives,
Cost objectives
8
cards
3.5 4 return on investment objectives
Factors determining investment le...,
What is investment appraisal,
Calculation for return on investment
4
cards
3.5 5 Financial objectives - capital structure
Capital structure,
What is long term funding also kn...,
What does capital employed include
10
cards
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business a level
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