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

Decks in this class (20)

needs, wants, goods, services and consumption
Definition of a need 1,
Definition of a want 2,
Definition for a good 3
5  cards
the cycle of business
What is the first stage in the cy...,
What is the second stage in the c...,
What is the third stage in the cy...
4  cards
factors of production
Explain land 1,
Explain labour 2,
Explain enterprise 2
4  cards
chain of production
Defintion for chain of production 1
1  cards
sectors of industry
Defintion for primary sector 1,
Definition for secodnary sector 2,
Definition for tertiary sector 2
3  cards
sectors of economy
What are the 3 types of sectors o...,
Explain the private sector 2,
Explain the public sector 3
4  cards
private sector
What are the 3 types of organisat...,
Who are sole traders controlled by 2,
Who are sole traders owned by 3
19  cards
aims of the private sector
What are the 7 aims of the privat...,
Explain profit maximisation 2,
Explain achieving quality 3
8  cards
public sector
Who are public sector organisatio...,
Who are public secotr organisatio...,
How are public sector organisatio...
8  cards
aims of the public sector
What are the 5 aims if the public...,
Explain how to make the best use ...,
Explain quality of service 3
6  cards
third sector
What are the 2 types of organisat...,
Who are charities controlled by 2,
Who are charities owned by 3
11  cards
aims of the third sector
What are the 5 aims of the third ...,
Explain increase funds 2,
Explain provision of service 3
6  cards
socail enterprises
What is a social enterprise 1,
Who are social enterprises owned ...,
Who are they controlled by 3
10  cards
internal factors
What is the definition of interna...,
What are the 3 descriptions of in...,
Explain avalability of finance 3
8  cards
external factors PES
Give the definition for an extern...,
What does pestec stand for 2,
Give a definition for political 3
15  cards
external factors TEC
Give a defintion for technoligcal 1,
What are examples of technologica...,
Give a defintion for enviromental 3
7  cards
stakeholders
What is a stakeholder 1,
Explain an internal stakeholder 2,
Explain an external stakeholder 3
5  cards
private sector stakeholders
What are the two types of interna...,
What are shareholders owners inte...,
What are shareholders owners infl...
16  cards
public sector stakeholders
What is the one internal public s...,
What interest do employees have i...,
What are the 3 external public se...
9  cards
third sector stakeholders
What are the two internal third s...,
What interest do a board of trust...,
What influence do a board of trus...
12  cards

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business n5

  • Class purpose General learning

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