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gcse business studies unit 1

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

By: erin mccavigan
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Decks in this class (16)

public and private sector
What are the 3 roles of the publi...,
What is the public sector,
How public and private sectors di...
6  cards
business ownership
5 ways how a business starts,
5 reasons why a business starts,
5 businesses in the private sector
7  cards
potential businesses
0  cards
business resources
What are the 4 resources,
Labour resource,
Land resource
4  cards
stakeholders
What is a stakeholder,
Owner,
Shareholders
11  cards
business aims and objectives
Why are business aims helpful 4,
Aim growth,
Aim survival
7  cards
types of production
What is production,
Primary production,
Secondary production
6  cards
price
Pricing policies skimming,
Pricing policies penetration,
Pricing penetration competitor based
10  cards
promotion
What is social media,
What are 5 things social media does,
Ways to use social media
13  cards
product
Stages of the product life cycle,
Pricing strategy at introduction,
Pricing strategy at growth
8  cards
methods of manufacturing
What is job,
What is flow,
What is process
13  cards
marketing and market research
What is marketing,
What is market research,
What is market sampling
13  cards
quality assurance and standards
What is quality assurance,
What is quality standards,
Businesses seek high quality beca...
11  cards
impact of technology on manufacturing
New products,
Customer satisfaction,
Higher profits
11  cards
health and safety
What is the health and safety exe...,
Hse main aim is,
4 main roles of the hse
8  cards
inventory control
What is inventory control,
Good standards of inventory control,
Poor standards of inventory control
7  cards

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gcse business studies unit 1

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