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Business Theme 2

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

By: Annie Gillett
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Decks in this class (18)

2.1.1 Internal Finance
What are the three types of inter...,
Outline and evaluate owner s capt...,
Outline and evaluate selling asse...
6  cards
2.1.2 External Finance
What are the external sources of ...,
Outline and evaluate family and f...,
Outline and evaluate banks as a s...
17  cards
2.1.3 Liability
What is unlimited liability 1,
What is limited liability 2,
Why is it easier for a business w...
4  cards
2.1.4 Planning
What is a business plan and why i...,
How can a business plan be used t...,
How can a business plan benefit a...
8  cards
2.2.1 Sales Forecasting
What is a sales forecast 1,
What does a sales forecast enable...,
What 3 factors affect sales forec...
4  cards
2.2.2 Sales Revenue and Costs
What is sales volume and how is i...,
What is sales revenue and how is ...,
What are the 3 types of costs 3
5  cards
2.2.3 Break-Even
What is the break even point 1,
What is break even analysis 2,
Why would a new business use brea...
9  cards
2.2.4 Budgets
What is a budget 1,
What are the 3 types of budget 2,
What is an income budget 3
25  cards
2.3.1 Profit
Define profit 1,
How do you calculate percentage c...,
What are the three types of profit 3
17  cards
2.3.2 liquidity
What is liquidity 1,
What is a statement of financial ...,
Assets can be both current and no...
19  cards
2.3.3 business failure
What is business failure 1,
What are the non financial intern...,
What are the financial external f...
6  cards
2.4.1 production, productivity and efficency
What are the 4 methods of product...,
What is 1 job production 2,
Evaluate job production 3
24  cards
2.4.2 capacity utilisation
Define capacity utilisation 1,
Formula for capacity utilisation 2,
What are assests 3
10  cards
2.4.3 Inventory Control
What is inventory stock 1,
Most businesses want to _________...,
For your exam you must be able to...
20  cards
2.4.4 Quality Management
What does quality refer to 1,
What are the 4 types of quality m...,
What is 1 quality control 3
14  cards
2.5.1 Economic Influences
Define inflation 1,
Define deflation 2,
How can inflation be tracked 3
31  cards
2.5.2 Legislation
What is legislation 1,
What are the 5 areas that legisla...,
What does consumer protection leg...
12  cards
2.5.3 The Competitive Environment
What is a highly competitive envi...,
What may a business in a highly c...,
How does a competitive environmen...
5  cards

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Business Theme 2

  • Class purpose General learning

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