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

Decks in this class (25)

Command Words
Analyse,
Calculate,
Describe
7  cards
Formulas
Revenue sales or turnover,
Variable costs,
Total costs
4  cards
Transformation Process
What is a business,
What is the transformation process,
What are the four business sectors
8  cards
Mission Statements
What is a mission statement,
What is a business aim,
What is a mission statement
5  cards
Business Objectives
Define business obje,
Define business aims,
What are business objectives
10  cards
Revenue, Costs, Profits
What factors do a business consid...,
What is the equation for total re...,
Define fixed costs
12  cards
Public vs Private Sectors
What is the public sector include...,
What is the private sector,
What is meant by unincorporated
6  cards
Business Ownership
What is a sole trader include exa...,
What are the advantages of being ...,
What are the disadvantages of bei...
20  cards
Social Enterprises
What is a social enterprise,
What do social enterprises aim to do,
What are the primary objectives o...
9  cards
Shareholders and Shares
What is a shareholder,
What is share capital,
What are the benefits of being a ...
29  cards
External Environment
Why do businesses need to take ex...,
Why do businesses need to monitor...,
What external factors can impact ...
3  cards
Income
What is the effect of increased i...,
What is the effect of decreased i...,
What is the effect of rising inco...
10  cards
Interest Rates
Define interest rates,
Define disposable income,
Define discretionary income
7  cards
Market Conditions
Define market conditions,
What does market conditions include,
What is gdp
24  cards
Environment
What is greenwashing,
Give an example of greenwashing,
What are the key environmental is...
5  cards
Management and Leadership
What is leadership,
What are common traits of a leader,
What are the two different leader...
22  cards
Types of Leadership
What is the authoritarian style o...,
Advantages of authoritarian leade...,
Disadvantages of authoritarian le...
20  cards
Decision Trees
What is a decision tree,
Define probability,
Define expected value
8  cards
Types Of Decision Making
What is intuition decision making,
What is scientific decision making,
What are the steps of the scienti...
7  cards
Influence On Decision Making
What roles does data have in deci...,
What are the key influence on bus...,
What is opportunity cost
14  cards
Cash Flow Forecasts
What is a cash flow forecast,
What are the purposes of cash flo...,
Why are cash flow problems one of...
22  cards
Sources of Finance
What is long term finance,
What is medium term finance,
What is short term finance
41  cards
Budgets and Budgeting
What is a budget,
What are revised budgets,
What are managers responsible for...
23  cards
Variances
What is variance analysis,
What are favourable variances,
What are adverse variances
8  cards
Breakeven Analysis
What is breakeven analysis,
What is contribution,
How do you calculate contribution
16  cards

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Business A-level

  • Class purpose General learning

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Business studies (A levels)
  • 40 decks
  • 1269 flashcards
  • 3222 learners
Decks: Chapter 1 Enterprise, Ratios, Chapter 2 Business Structure, And more!
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