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Conor Horgan
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Decks in this class (74)
7.1a Mission Statements
Corporate plan definition 1,
Mission statement definition 2,
Is a mission statement a qualitat...
13
cards
7.1b SWOT
Swot analysis definition 1,
Swot meaning 2,
External opportunities definition 3
5
cards
7.1c Strategy
Business strategy definition 1,
Are strategic decisions short med...,
How are strategies formed 3
9
cards
7.2a Balance Sheets
What are balance sheets 1,
What can balance sheets be used t...,
Equity formula 3
24
cards
7.2b Income Statements
What does an income statement show 1,
What is the purpose of an income ...,
Income statement order 3
18
cards
7.2c Assessing Financial Performance
What are the ways in which financ...,
Intra firm definition 2,
Inter firm definition 3
9
cards
7.2d Ratios - ROCE
Ratio analysis involves what 1,
Ratios compare what 2,
What does roce stand for 3
12
cards
7.2e Ratios - Current Ratio (Liquidity)
What do current ratios measure 1,
What is liquidity 2,
Current ratio formula 3
7
cards
7.2f Ratios - Gearing
What are the two main sources of ...,
What does gearing show 2,
Is lower or higher gearing usuall...
14
cards
7.2g Ratios - Efficiency
What do financial efficiency rati...,
Payable days creditor days formula 2,
What does payable days tell us 3
19
cards
7.3a Using Non-Financial Data to Analyse Performance
Performance metrics are used in a...,
Difficulties in using marketing h...,
What are the models created to ju...
3
cards
7.3b Core Competences
Core competences definition 1,
What is a key strategy of core co...,
Businesses must not assume what w...
4
cards
7.3c Assessing Short and Long Term Performance
Short termism definition 1,
Why might a business take a short...,
How does short termism affect the...
7
cards
7.3d Kaplan and Norton
What did the kaplan and norton ba...,
What is the aim of the kaplan and...,
What are the four perspectives of...
14
cards
7.3e Elkington
What did elkington suggest 1,
What was the traditional bottom l...,
Advantages of elkington s theory 3
5
cards
7.4a Political and Legal: Scope and Effects of Competition Law
Legislation and regulation protec...,
Main roles of business legislation 2,
What is the aim of competition po...
16
cards
7.4b Political and Legal: Scope and Effects of Labour Market Law
What is employment law aimed at 1,
What are the characteristics prot...,
Examples of discrimination laws a...
22
cards
7.4c Political and Legal: Scope and Effects of Labour Market Law
Costs of business on the environm...,
Key environmental issues for busi...,
Main environmental regulations 3
12
cards
7.4d Political and Legal: Enterprise
Entrepreneur definition 1,
Enterprise definition 2,
Rewards for enterprise 3
5
cards
7.4e Political and Legal: Regulation, Impact of Policy on Infrastructure and Trade
Infrastructure definition 1,
How does infrastructure spending ...,
Where is the uk ranked in the wor...
21
cards
7.5a Economy - Macroeconomics and the Business Cycle
Economic influences 1,
Microeconomics definition 2,
Macroeconomics definition 3
29
cards
7.5b Exchange Rates
What do exchange rates represent 1,
How does a currency s value change 2,
Where does the demand for the pou...
11
cards
7.5c Inflation
Inflation definition 1,
How is inflation calculated 2,
What are the two types of inflati...
22
cards
7.5d Government Economic Policies
Any government can use macroecono...,
Governments have a choice of 5 ke...,
What is a problem for governments...
28
cards
7.5e Economy: International Trade
What is the european union 1,
The eu allows free movement of wh...,
Opportunities for uk businesses f...
32
cards
7.6a The Social Environment: Ethics
What does the social environment ...,
The social environment is split i...,
What does demographics involve 3
27
cards
7.6b The Social Environment and CSR
What are negative externalities a...,
Negative externalities definition 2,
Do businesses pay for negative ex...
24
cards
7.6c The Social Environment: Ethics
Ethics definition 1,
Internal pressures to be ethical 2,
External pressures to be ethical 3
8
cards
7.7 Technology
Aspects of technology in business 1,
Technological innovations can be ...,
Opportunities of new technology 3
9
cards
7.8 The Competitive Environment: Porter's Five Competitive Forces
What is an important external inf...,
Opportunities of competition 2,
Threats of competition 3
22
cards
7.9a Investment Appraisal - Payback
Investment definition 1,
Investment decision making defini...,
Reasons for investment 3
12
cards
7.9b Making Investment Decisions - ARR
Arr meaning 1,
What can arr be compared with 2,
Arr formula 3
7
cards
7.9c Making Investment Decisions - NPV
Npv meaning 1,
What is npv based on 2,
What does a discount table show 3
6
cards
7.9d Making Investment Decisions - Qualitative Factors and Making Decisions
What are qualitative factors base...,
Qualitative factors to consider 2,
Ways to check if investment appra...
5
cards
8.1 a Ansoff Matrix
What is the ansoff matrix 1,
What is the output from the matrix 2,
What are the four growth strategi...
29
cards
8.2a Porter's Generic Strategies
Competitive advantage definition 1,
Three genetic strategies that por...,
Four areas in generic strategy di...
20
cards
8.2b Bowman's Strategic Clock
What does bowman s strategic cloc...,
What two concepts is the bowman s...,
The eight positions on bowman s s...
35
cards
8.2c Competitive Advantage
Two main types of competitive adv...,
What is a comparative advantage 2,
What are the two options for a bu...
6
cards
9.1a Growth and Retrenchment
Reasons a business would wish to ...,
What are the two types of growth 2,
What is organic growth also known...
26
cards
9.1b Mergers and Takeovers
Merger definition 1,
What happens to a shareholders sh...,
Takeover definition 3
19
cards
9.1c Ventures
Corporate venturing definition 1,
Venture capitalists business ange...,
What is an alternative source of ...
9
cards
9.1d Franchising
What does a franchise involve 1,
Franchisee definition 2,
Franchisor definition 3
8
cards
9.1e Economies of Scale
When do economies of scale arise 1,
Average cost per unit formula 2,
When does minimum efficient scale...
20
cards
9.1f Diseconomies of Scale
Diseconomies of scale definition 1,
Types of diseconomies of scale 2,
What happens in co ordination dis...
10
cards
9.1g Other Issues With Growth
When do economies of scope occur 1,
Example of a business that benefi...,
How do economies of scope work 3
19
cards
9.1h Greiner's Growth Model
What does greiner s growth model ...,
What are the two axes on the model 2,
What does greiner s growth model ...
19
cards
9.2a Innovation
Invention definition 1,
Innovation definition 2,
What does innovation include 3
16
cards
9.2b Methods of Innovation
Ways to innovate 1,
R d definition 2,
How does r d support innovation 3
18
cards
9.2c Protecting an Innovation
A business is more likely to see ...,
Intellectual property definition 2,
What is the problem with ip 3
12
cards
9.3a Internationalisation
International market definition 1,
Reasons to go international 2,
How a business benefits from inte...
5
cards
9.3b Off-Shoring and Re-Shoring
Disadvantages of manufacturing in...,
Offshoring definition 2,
How firms benefit from offshoring 3
8
cards
9.3c Methods of Entering International Markets
Main methods a business could use...,
How risky is exporting compared t...,
What are the two ways of exporting 3
20
cards
9.3d Influences on Buying and Producing Abroad
Reasons a firm buys products from...,
Ways a firm ensures success of bu...,
Reasons a firm sells products abr...
31
cards
9.4a Digital Technology: E-Commerce
Four things a business could use ...,
M commerce definition 2,
Reasons to use m commerce 3
5
cards
9.4b The Impact of Commerce on Functional Areas
What are the impacts of e commerc...,
What are the impacts of e commerc...,
What are the impacts of e commerc...
7
cards
9.4c Other Uses of Data Technology
Big data definition 1,
What are the four v s that the bi...,
Ways big data can be used 3
11
cards
9.4d The Value of Digital Technology and its Impact on Functional Areas of a Business
Value of digital technology to bu...,
Issues with digital technology 2
2
cards
10.1a Causes Of And Pressures For Change
What does change management invol...,
Causes and pressures of change 2,
Types of change 3
14
cards
10.1b Lewin's Force Field Analysis
What are the four aspects of chan...,
Force field analysis definition 2,
Change can only occur when 3
3
cards
10.1c Flexible Organisations
Flexible organisation definition 1,
Businesses need to have structure...,
Problems of being a flexible orga...
14
cards
10.1d Value of Knowledge and Information Management
Knowledge and information managem...,
Value of managing information and...,
Example of knowledge and informat...
3
cards
10.1e Kotter and Schlesinger
Barriers to change 1,
Factors that limit the success of...,
Examples of resistance to change 3
18
cards
10.2a What is Culture?
Culture definition 1,
Culture may change over time beca...,
What does culture consist of 3
5
cards
10.2b Handy's Cultural Model
What are cultural models 1,
What did handy identify 2,
Each culture suggested by handy i...
12
cards
10.2c Hofstede's Cultural Model
What did hofstede suggest 1,
How did hofstede s cultural model...,
What are the six dimensions in ho...
37
cards
10.2d Influences on Culture
Parts of the cultural web what im...,
What does symbols and titles incl...,
What does language or jargon refe...
6
cards
10.3a Strategic Implementation
Strategy definition 1,
Strategic implementation definiti...,
What does strategic implementatio...
14
cards
10.3b Network Analysis (CPA)
Critical path analysis definition 1,
Information needed for cpa 2,
What does cpa calculate 3
14
cards
10.3d CPA - Interpretation
What does the critical path show 1,
What does is mean if there is no ...,
What does the float show 3
6
cards
10.4a The Value of Strategic Planning
Strategic plan definition 1,
Why do strategic decisions have t...,
Reasons strategies might fail 3
13
cards
10.4b Why Strategies Fail
Reasons why divorce of control ca...,
Why would giving directors freedo...,
What does a corporate governance ...
24
cards
Business Examples
Bosch environmental r d investment 1,
Bosch exchange program 2,
Starbucks sustainable coffe chall...
84
cards
Formulae
Revenue 1,
Profit 2,
Market capitalisation 3
47
cards
7.6c - The Social Environment (Ethics)
0
cards
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Business Studies A2
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Business Studies A2 Levels
- 22 decks
- 448 flashcards
- 258 learners
Decks:
Unit 1 Chapter 2 Business Structure, Unit 1 Chapter 3 Size Of Business, Unit 1 Chapter 6 External Influences On, And more!
