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Business- Theme 2

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

By: Jesse Sedzro
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Decks in this class (14)

Internal finance
Define retained profit 1,
Benefits of retained profit 2,
Drawbacks of retained profit 3
11  cards
External Finance
Define over drafts 1,
Define trade credit 2,
Benefits of trade credit 3
22  cards
2.1.3 Liability
Private limited company ltd 1,
Public limited company plc 2,
Limited companies 3
4  cards
2.1.4 Planning
Content of a business plan 1,
Use of cash flow forecast 2,
Purpose of cash flow forecasts 3
3  cards
2.2.1 Sales forecasting
Purpose of sales forecasts 1,
Benefits of sales forecasting 2,
Factors affecting sales forecasts 3
3  cards
2.2.4 Budgets
Define budgets 1,
The purpose of budget 2,
Benefits of budgeting 3
4  cards
2.3.1 Profit ​
Calculate profit 1,
Calculate gross profit 2,
Calculate operating profit 3
6  cards
2.3.2 Liquidity​
Calculate acid test ratio 1,
Calculate current ratio 2,
Calculate working capital 3
4  cards
2.3.3 Business failure
Internal causes of business failu...,
External causes of business failu...
2  cards
2.4.1 Production, productivity and efficiency
Benefits of job production 1,
Drawbacks of job production 2,
Benefits of batch production 3
9  cards
2.4.2 CAPACITY UTILISATION
Calculate capacity utilisation 1,
Benefits of over utilization 2,
Draw backs of over utilization 3
6  cards
2.4.3 STOCK CONTROL
Implications of poor stock contro...,
Implications of poor stock contro...,
Benefits of jit 3
13  cards
2.5.1 Economic Influences
Inflation 1,
Effects on businesses of changes ...,
Exchange rates 3
10  cards
2.5.3 The Competitive Environment
Impact of a competitive environme...,
Effect of small markets 2,
Effect of large markets 3
3  cards

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Business- Theme 2

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