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

Decks in this class (30)

Chapter 1-busniess Activity
What is a need 1,
What is a want 2,
What is the economic problem 3
24  cards
Chapter 2-classificstion Of Businesses
What are the stages of economic a...,
What does the primary sector do 2,
What does the secondary sector do 3
18  cards
Chapter 3-enterprise, Business Growth And Size
What is an entrepreneur 1,
Advantages of being an entreprene...,
Disadvantages of being an entrepr...
35  cards
Chapter 4-types Of Business Orginisation
What is a joint venture 1,
Eg of joint ventures in real life 2,
What are the advantages of joint ...
71  cards
Chapter 5- Business And Shareholder Objectives
Business objectives 1,
Benefits of setting objectives 4 2,
Profit 3
24  cards
Chapter 8- Recruitment And Training Of Employees
Why would a business recruit new ...,
What is recruitment 2,
What does the recruitment process...
45  cards
Chapter 9
What is communication 1,
What is a message 2,
When has there effective communic...
36  cards
Chapter7- Organisation And Management
Organisational structure 1,
Organisational chart 2,
Hierarchy 3
31  cards
Extra
Are shareholders internal or exte...,
What are economies of scale 2,
What will banks have instead of s...
5  cards
Chapter 10- Marketing, Competition + The Customer
Marketing 1,
Customer 2,
Describe marketing in a large pub...
39  cards
Chapter 11-Market Research
Market research 1,
Product oriented business 2,
Why do we do market research 4 3
35  cards
Chapter 12-Product
Are there sales in the introducti...,
Marketing mix def 2,
Usp 3
27  cards
Chapter 18
Where what is the point of sale 1,
Pin 2,
What does the process of producti...
41  cards
Chapter 19 - Costs, Scale Of Production + Break-even Analysis
What happens when a business neve...,
Total revenue formula 2,
How can break even level of outpu...
27  cards
Chapter 16-Tech And The Marketing Mix
Viral marketing 1,
E commerce 2,
Social media marketing 3
11  cards
Chapter 6 - Motivating Employees
Motivation 1,
Reasons why people work 5 2,
Benefits of a motivated workforce...
38  cards
Chapter 13
Competitive pricing 1,
Penetration pricing 2,
Price skimming 3
23  cards
Chapter 27 - Economic Issues
Gdp 1,
Main stages of the business cycle 2,
Growth stage of the business cycle 3
42  cards
Chapter 28 - Enviromental And Ethical Issues
Social responsibility 1,
Environment 2,
Global warming 3
26  cards
Chapter 29 - Business And The International Economy
Globalisation 1,
Free trade agreements 2,
Protectionism 3
29  cards
Chapter 22 - Business Finance: Needs And Resources
Responsibilities of the finance d...,
Main reasons why a business needs...,
Start up capital 3
58  cards
Chapter 25 - Statement Of Financial Position
Trade receivables 1,
Non current liabilities 2,
Assets 3
15  cards
Chapter 26 - Analysis Of Accounts
Current assets 3 1,
Current liabilities 3 2,
Why does the acid test ratio remo...
24  cards
Chapter 17 - Marketing Strategy
Marketing strategy 1,
Importance of different elements ...,
What to consider when recommendin...
11  cards
Chapter 15 - The Marketing Mix: Promotion
Promotion 1,
What promotion includes 2 2,
Aims of promotion 6 3
21  cards
Chapter 21 - Location Decisions
Factors affecting the location of...,
How production methods affect the...,
How the market can affect the loc...
29  cards
Chapter 14 - The Marketing Mix: Place
Distribution channel 1,
Role of place decisions in the ma...,
Distribution channels 4 3
23  cards
Chapter 20 - Achieving Quality Production
What quality products help a busi...,
What happens if quality is not ma...,
Quality 3
14  cards
Chapter 23 - Cash Flow Forecasting And Working Capital
Cash flow 1,
Problems a business faces if it l...,
Cash inflows 3
27  cards
Chapter 24 - Income Statements
Accounts 1,
Accountants 2,
Final accounts 3
13  cards

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IGCSE Business

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