This class was created by Brainscape user Glenn Dodoo. Visit their profile to learn more about the creator.
By:
Glenn Dodoo
- decks
- flashcards
- learners
Decks in this class (43)
The Business Management Toolkit
Purpose of force field diagrams 1,
Advantages of force field diagrams 2,
Disadvantages of force field diag...
7
cards
What is business management?(Details)
Components of business as a system 1,
Types of inputs 2,
Types of business functions proce...
12
cards
What is business management(Definitions)
To prepare for IB Business Management Exams
37
cards
Types of business entities Definitions
Private sector 1,
Multinational company 2,
Profit 3
29
cards
Types of business entities Details
Features of the public sector 1,
Features of the private sector 2,
Role of the private sector and it...
38
cards
Stakeholders Definitions
Stakeholder 1,
Internal stakeholder 2,
External stakeholder 3
13
cards
Stakeholders Details
Examples of internal stakeholders 1,
Examples of external stakeholders 2,
Examples of esg criteria that com...
3
cards
Business objectives Definitions
Vision statement 1,
Mission statement 2,
Value 3
33
cards
Business objectives Details
What does smart goals stand for 1,
In the past it was generally acce...,
Types of social responsibilities 3
20
cards
Growth Definitions
Market share 1,
Economies of scale 2,
Cash flows 3
43
cards
Growth Details
Reasons why most businesses want ...,
Advantages of growth for a busine...,
Disadvantages of growth for a bus...
36
cards
Multinational companies Definitions
Host country 1,
Globalisation 2,
Foreign direct investment fdi 3
5
cards
Multinational companies Details
Reasons for the growth of mncs ie...,
Positive impacts of mncs on host ...,
Negative impacts of mncs on host ...
3
cards
Introduction to Marketing Definitions
Marketing 1,
Market 2,
Marketing mix 3
20
cards
Introduction to Marketing Details
Elements of the marketing mix the...,
What do the first four elements i...,
What can all the seven ps be appl...
24
cards
Marketing planning Definitions
Marketing plan 1,
Budget 2,
Market research 3
31
cards
Marketing planning Details
Elements of a marketing plan 1,
Ways in which a marketing budget ...,
Ways by which data for marketing ...
28
cards
Sales forecasting(HL) Definitions
Sales forecasting 1,
Causal model 2,
Extrapolation 3
12
cards
Sales forecasting(HL) Details
Sales may be forecast in 1,
Steps businesses may take if sale...,
Actions that may be taken if a de...
13
cards
Market research Definitions
Market analysis 1,
Primary market research 2,
Secondary market research 3
14
cards
Market research Details
Reasons to carry out market resea...,
Forms of market research 2,
Types of market research 3
26
cards
The Seven Ps of the Marketing Mix Definitions
Product life cycle 1,
Research and development stage r d 2,
Introduction stage 3
59
cards
The Seven Ps of the Marketing Mix Details
Stages of the product life cycle 1,
The product life cycle is based on 2,
Features of the research and deve...
68
cards
International Marketing(HL) Definitions
International marketing 1,
Exporting 2,
Direct exporting 3
13
cards
International Marketing(HL) Details
Factors to be considered when cho...,
Examples of international market ...,
Difference between franchising an...
10
cards
Introduction to finance Definitions
Procurement 1,
Capital expenditure 2,
Long term finance 3
13
cards
Introduction to finance Details
Types of expenditure 1,
Examples of fixed assets 2,
Capital is usually funded with lo...
5
cards
Sources of finance Definitions
Internal source of financce 1,
Dividends 2,
Bankruptcy 3
21
cards
Sources of finance Details
Main internal sources of finance 1,
Characteristics of personal funds 2,
Characteristics of retained profi...
27
cards
Types of costs Definitions
Fixed cost 1,
Variable cost 2,
Loan shark 3
7
cards
Types of costs Details
Categories of costs 1,
Relationship between fixed costs ...,
Relationship between variable cos...
10
cards
Final accounts Definitions
Management 1,
Statement of profit or loss incom...,
Statement of financial position b...
14
cards
Final accounts Details
Examples of internal stakeholders 1,
Examples of external stakeholders 2,
Format of a statement of profit o...
30
cards
Profitability and liquidity ratio analysis Definitions
Profitability ratios 1,
Expenses 2,
Capital employed 3
8
cards
Profitability and liquidity ratio analysis Details
Formula for gross profit margin g...,
Strategies to improve gross profi...,
Formula for profit margin 3
19
cards
Efficiency ratio analysis Definitions
Efficiency ratio 1,
Stock turnover ratio 2,
Debtor days ratio 3
5
cards
Efficiency ratio analysis Details
Types of efficiency ratios 1,
Formula for stock turnover ratio ...,
Formula for stock turnover ratio ...
17
cards
Cashflow Definitions
Cash inflow 1,
Cash outflow 2,
Working capital 3
5
cards
Cashflow Details
In what cases can a business be p...,
Formula for profit 2,
Formula for net cashflow 3
10
cards
Investment appraisal Definitions
Investment appraisal 1,
Payback period 2,
Average rate of return 3
5
cards
Investment appraisal Details
Formula for payback period 1,
Steps to find the payback period 2,
Formula for net cash flow 3
15
cards
Budgets(HL) Definitions
Budget 1,
Profit centre 2,
Cost centre 3
7
cards
Budgets(HL) Details
Each profit centre contributes to...,
Cost centres are responsible for ...,
Benefits of profit and cost centr...
17
cards
More about
IB BUSINESS MANAGEMENT REVISION
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Glenn Dodoo's IB BUSINESS MANAGEMENT REVISION flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
IB Business Management
- 30 decks
- 442 flashcards
- 1081 learners
Decks:
11 Introduction To Business Management, 12 Types Of Organisations, 13 Organisational Objectives, And more!
Business IB
- 39 decks
- 1074 flashcards
- 231 learners
Decks:
What Is A Business, Functions Of A Business, 12 Types Of Organisations, And more!
