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GCSE Business Studies Unit 1

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

By: Selina Wong
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Decks in this class (14)

1.1 Enterprise
What is an entrepreneur,
Why do people start their own bus...,
What qualities are required to be...
15  cards
1.1 Enterprise
What is an entrepreneur,
Why do people start their own bus...,
What qualities are required to be...
15  cards
1.2 Setting Aims and Objectives
What is the difference between an...,
What are the possible aims of a b...,
What does smart stand for
4  cards
1.4 Choosing the Appropriate Legal Structure
Give the meaning of a stakeholder,
What is a internal stakeholder,
What is a external stakeholder
14  cards
2.1 Market Research
Give the definition of market res...,
Why is market research conducted,
Give 2 market research methods
12  cards
2.2 Marketing Mix
What are the 4 elements of the ma...,
Describe the product element in t...,
Describe how the price element wo...
8  cards
3.1 Finance and support for a Small Business
What are the short term sources o...,
Give 3 example of long term sourc...,
What does equity capital mean
17  cards
3.2 Finance Terms and Simple Calculations
What is the formula for revenue,
What is a fixed cost,
What is a variable cost
7  cards
3.3 Cash Flow
What is cash flow,
Give the formula for net cash flow,
What is an opening balance
8  cards
4.1 Recruitment
Why do firms need to recruit,
What does hr stand for,
What is the definition of hr
13  cards
4.2 Motivation
What is the main source of motiva...,
What is the difference between a ...,
What is remuneration
18  cards
4.3 Protecting Staff through Understanding Legislation
What is the equal pay act,
What is the age discrimination act,
What is the race relations act
6  cards
5.1 Operations Management and Production Methods
What is job production,
What are the advantages and disad...,
What is batch production
7  cards
5.2 Customer Service
What is customer service,
What are the important factors of...,
What are the benefits of a good c...
10  cards

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GCSE Business Studies Unit 1

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