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Business BTEC level 3 - Unit 7

This class was created by Brainscape user Ellie Nicolaou 12. Visit their profile to learn more about the creator.

By: Ellie Nicolaou 12
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Decks in this class (19)

Business ideas
Where do business ideas come from,
What does developing business con...
2  cards
Business purpose and structure
Define business aims and objectives,
Define the term business structure,
G
5  cards
Data collection
Explain the term primary research,
Explain the term secondary research,
What is storage of information re...
4  cards
Business models for decision making
Define the term porters 5 forces,
What is an ansoff matrix,
What are the 5c s
4  cards
Techniques to analyse data effectively
What are the key maths terms,
How to calculate using raw data,
What is the typical use of statis...
3  cards
Formats for decision making
What types of graphs can be used ...,
What is the use of presentation a...
2  cards
Software generated information for decision making in a business
Define management information sys...,
Define project management,
Define a critical path analysis a...
4  cards
Types of research
0  cards
Competitor analysis
What is the importance of a compe...,
What is the effect of competitor ...
2  cards
Legislation
Define legislation,
What does the health and safety a...,
What is the data protection act
5  cards
Quality issues
Define quality control,
Define quality assurance,
Define benchmarking
6  cards
Human resources
What is the role of hr,
What are staffing needs,
Explain the difference between a ...
5  cards
Physical resources
What are physical resources,
What are premise decisions depend...,
What equipment may a business req...
5  cards
Financial resources
Define hire purchase advantages a...,
Define hire purchase advantages a...,
Define hire purchase advantages a...
11  cards
Sales forecast
Define a sales forecast advantage...
1  cards
Cash-flow forecast
What is a cash flow forecast,
What is the meaning of cash inflo...,
How to calculate closing balance ...
3  cards
Break-even
What is break even formula,
What is margin of safety formular,
What is contribution per unit
6  cards
Income statements
1  cards
Statements of financial position
0  cards

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Business BTEC level 3 - Unit 7

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