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

Decks in this class (22)

enterprise and entrepreneurship
Why do business start 1,
What are financial motives for st...,
What are non financial motives fo...
11  cards
central purpose of business activity
What do business do 1,
What is added value 2,
Outcome of a business adding value 3
20  cards
forms of business organisation
What is an unincorporated business 1,
What is incorporated business 2,
What is a sole trader 3
34  cards
quality management
What is quality 1,
What are affects of business with...,
Advantages of producing high qual...
23  cards
markets
What is a market 1,
What is a consumer goods and serv...,
What is a capital goods market 3
25  cards
stakeholders
Who are internal stakeholders 1,
Who are external stakeholders 2,
What are the owners interests 3
8  cards
production and investment T7
What is production 1,
What is the aim of production 2,
What are business resources 3
39  cards
organisational design
What is organisational design 1,
Advantages of using organisationa...,
What is a hierarchical structure 3
25  cards
investing in people
What factors determine the busine...,
Advantages of people investment p...,
Disadvantages of people investmen...
53  cards
motivation
What was taylors theory 1,
Advantages of taylors theory 2,
Disadvantages of taylors theory 3
18  cards
management and leadership styles
What are the characteristics of a...,
What are the characteristics of a...,
What is an authoritarian 3
16  cards
AS2 TP1
What is monopolistic competition 1,
Benefits of monopolistic competit...,
Drawbacks of a monopolistic compe...
7  cards
AS2 TP2 and TP3
What is market research 1,
What is the purpose of market res...,
What is qualitative data 3
83  cards
AS2 TP4
What are the 5 stages in product ...,
What is product modification exte...,
Describe finding a new use for pr...
11  cards
AS2 TP5
What does price elasticity of dem...,
How is ped calculated 2,
How is change in demand calculated 3
16  cards
AS2 TP6
What is business planning 1,
What are internal factors influen...,
What are external factors influen...
15  cards
AS2 TP7
What is digital marketing 1,
Advantages of digital marketing 2,
Disadvantages of digital marketing 3
14  cards
AS2 TP8
What are the possible sources of ...,
What issues could rise from these...,
Possible sources of finance of a ...
48  cards
AS2 TP9
What are fixed costs 1,
How are variable costs calculated 2,
How are total costs calculated 3
13  cards
AS2 TP10
How can cash flow be improved sho...,
What are receipts 2,
What are payments 3
11  cards
AS2 TP11
What is a budget 1,
Advantages of a budget 2,
Disadvantages of budgets 3
7  cards
AS2 TP12 (answer as %)
What does an income statement tel...,
What is the cost of sales and how...,
How is gross profit calculated 3
31  cards

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business studies

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