Business Theme 2

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

Decks in this class (22)

types of finance
What is retained profit is it sho...,
Retained profits advantage and di...,
What is sales of assets short or ...
25  cards
formulas
Sales revenue formula 1,
Gross profit formula 2,
Operating profit 3
10  cards
sales revenue and costs
What is the sales revenue formula 1,
What are variable costs 2,
What are fixed costs 3
14  cards
different types of profit
What is profit formula 1,
What is gross profit 2,
Gross profit formula 3
13  cards
job, batch, flow and cell production
What is job production 1,
Adv and disadv job production 2,
What is batch production 3
8  cards
stock control, lean production&comp adv
What is just in case jic 1,
What is just in time jit 2,
What is buffer stock 3
9  cards
external influences
What is inflation 1,
How would inflation affect a busi...,
What is shoe leather costs 3
9  cards
variance analysis
Favourable income 1,
Adverse income 2,
Favourable expenditure 3
7  cards
exam topics
What is the formula for sales rev...,
What is the formula for total cos...,
What is revenue variance 3
38  cards
break even
What is the formula for contribut...,
What are the 2 formulas for total...,
Define contribution 3
13  cards
planning
How relevant is a business plan w...,
What does a business plan contain 2,
What is a cash flow forecast 3
9  cards
sales forecasting
Define sales forecasting 1,
What is the purpose of sales fore...,
List 3 factors affecting sales fo...
16  cards
budgeting
What is a budget 1,
What are 3 purposes of budgets 2,
What are the 2 key types of budget 3
16  cards
liquidity
Define liquidity 1,
What is a balance sheet 2,
What are assets 3
22  cards
business failure
Internal causes of business failu...,
External causes of business failu...,
Financial causes of business fail...
4  cards
productivity
Define productivity 1,
Labour productivity 2,
Calculation for labour productivi...
14  cards
capacity utilisation
Define capacity utilisation 1,
Formula for capacity utilisation 2,
3 negative implications of under ...
7  cards
stock control
What is buffer stock 1,
What are stockpile goods 2,
What is the lead time on a stock ...
14  cards
quality management
Why do business go through qualit...,
What is quality control 2,
What is quality assurance 3
10  cards
economic influences
What is inflation 1,
How does inflation affect busines...,
How does inflation affect busines...
31  cards
legislation
What is consumer protection 1,
How does consumer legislation aff...,
How does consumer legislation aff...
25  cards
the competitive environment
Determinants of competitiveness 1,
Impact on businesses of a competi...,
Impact on businesses of a competi...
12  cards

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Business Theme 2

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