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

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Business- Theme 2

  • Class purpose General learning

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