Business Component 2

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

Decks in this class (21)

Data Analysis
What is data 1,
Define a pie chart 2,
Evaluate a pie chart 3
14  cards
Exam questions
Explain how the information in fi...,
Explain how the information in ch...,
With the use of examples describe...
6  cards
Market Analysis
Explain ped 1,
Explain yed 2,
3 categories of yed 3
23  cards
Sales Forecasting
Define sales forecasting 1,
Purpose of sales forecasting 2,
Define brainstorming 3
20  cards
Budgeting
Explain budgeting 1,
Pros of budgeting 2,
Cons of budgeting 3
12  cards
Balance Sheets
Define debtors 1,
Define trade creditors 2,
Define drawings balance sheet 3
13  cards
Profit and Loss accounts
Define a profit and loss account 1,
Explain cost of sales 2,
Explain net profit 3
4  cards
Analysing non-financial performance
Examples of non financial perform...,
The most appropriate measure of p...,
Explain customer satisfaction 3
25  cards
Aims and Objectives
Define vision statements 1,
Benefits of vision statements 2,
Define mission statements 3
10  cards
Strategy and Implementation
Define franchisee 1,
Define franchiser 2,
Benefits for franchiser 3
48  cards
Decision making models
Scientific decision making 1,
Intuitive decision making 2,
Evaluative considerations 3
4  cards
Decision Trees
Define decision trees 1,
Advantages of decision trees 2,
Disadvantages of decision trees 3
4  cards
Critical Path analysis
Advantages of critical path analy...,
Disadvantages of critical path an...,
Discuss usefulness of critical pa...
11  cards
ICT + decision-making
Stock inventory 1,
Information systems can collect i...,
Buying online allows 3
4  cards
Investment appraisal
Explain investment appraisal 1,
Ia methods used to compare 2,
Define cashflows 3
15  cards
Depreciation
Explain depreciation 1,
Why is it important for businesse...
2  cards
Location / Relocation
Regional location the main determ...,
Regional location the main determ...,
Regional location the main determ...
11  cards
Ratio Analysis
Explain ratio analysis 1,
Explain liquidity ratios 2,
Explain acid test ratio 3
17  cards
Rationalisation
Explain rationalisation 1,
Examples of rationalising 2,
Limitations of rationalisation 3
6  cards
Special orders
Special orders 1,
Reasons to accept special orders 2,
Reasons not to accept special ord...
4  cards
Cost-benefit analysis
Explain cost benefit analysis 1,
Ads of cost benefit analysis 2,
Disads of cost benefit analysis 3
8  cards

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Business Component 2

  • Class purpose General learning

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