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

Decks in this class (12)

Enterprise & Entrepreneurs
Enterprise skills definition,
Characteristics of a successful e...,
Entrepreneurs definition
9  cards
Generating And Protectung Business Ideas
Franchise,
Types of franchise,
Benefits to the franchisee
14  cards
Transforming Resources Into Goods And Services
Factors of production,
Factors of production,
Production definition
10  cards
Developing Business Plans
Purposes of a business plan,
Sources of information and guidan...,
Business plan definition
3  cards
Comducting Start-up Market Research
Marketing definition,
Purposes of market research,
Descriptive reasons of market res...
30  cards
Understanding Markets
Ways of classifying markets,
What is geographical classification,
What is physical and non physical...
17  cards
Choosing The Right Legal Structure For The Business
Incorporated businesses,
Unincorporated business definition,
Incorporated business definition
23  cards
Raising Finance
Ordinary share capital definition,
Advantages of ordinary share capital,
Disadvantages of ordinary share c...
27  cards
Locating The Business
Teleworking definition,
Many start ups operate from home ...,
Least coast site definition
12  cards
Employing People
Types of employee used in small b...,
Permanent staff definition,
Temporary staff definition
7  cards
Calculating Costs,revenues And Profits
A business must set a price that is,
The ideal seeking price is,
Total revenue definition
16  cards
Using Breakeven Analysis To Make Decisions
Contribution example variable cos...,
Total contribution definition,
If total contribution is greater ...
15  cards

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Business unit 1

  • Class purpose General learning

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