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Decks in this class (37)

UB - Needs/Wants, Goods/Services, Wealth Creation
Understanding Business
4  cards
UB - Skills and Qualities
Understanding Business
3  cards
UB - Factors of Production
Http name the factors of production,
What is wealth creation
2  cards
UB - Sectors of Industry and Economy
Understanding Business
5  cards
UB - Types of Organisations
Describe the features of a sole t...,
Describe the features of a partne...,
Describe the features of an ltd o...
9  cards
UB - Business Plans
What does a business plan do what...,
List and describe 4 groups of peo...
2  cards
UB - Business Objectives
Name all 6,
Explain why businesses want to pr...,
Explain why businesses want to pr...
7  cards
UB - Customer Satisfaction
How can a business measure custom...,
List the benefits of good custome...,
List impacts of poor customer ser...
4  cards
UB - Internal Factors
Name the three types of internal ...,
Describe the impact of human reso...,
Describe the impact of avaliable ...
4  cards
UB - External Factors
Name the 6 external factors that ...,
Describe how external political f...,
Describe how external economic fa...
7  cards
UB- Stakeholders
What is a stakeholder,
What is an internal stakeholder n...,
List all of the types of stakehol...
11  cards
Marketing - Target Marketing
# ``````,
What is market segmentation,
Name 5 ways a business can segmen...
5  cards
Marketing - Market research
Name 3 purposes of market research,
Give 2 advantages and disadvantag...,
Give 2 advantages and disadvantag...
4  cards
Marketing - Market research - Field research methods
Name 7 methods of field research,
Discuss the advantages and disadv...,
Discuss the advantages and disadv...
8  cards
Marketing - Product
Explain the introduction and grow...,
Explain the introduction and grow...,
Describe the product life and lis...
8  cards
Marketing - Price
Name the 10 pricing strategies,
Describe psychological pricing pr...,
Describe psychological pricing pr...
5  cards
Marketing - Place
Name all 4 methods of distribution,
Give the definition advantage and...,
Give the definition advantage and...
8  cards
Marketing - Promotion
Name 6 methods of promotion,
What is the purpose of sales prom...,
What is digital advertising
5  cards
Marketing - Technology
What is the role of the marketing...,
Name 5 pieces of technology the m...,
Explain how the marketing departm...
7  cards
Operations - Operations Department
Describe 3 jobs the operations de...,
Describe each stage of the input ...,
Define operations
3  cards
Operations - Suppliers
List 4 factors to consider when c...,
Describe lead time as a factor to...,
Describe lead time as a factor to...
5  cards
Operations - Overstocking and Understocking
Define overstocking,
Describe 3 costs and their impact...,
Describe 3 costs and their impact...
3  cards
Operations - Inventory Management
Describe maximum inventory level,
Describe maximum inventory level,
Describe lead time
4  cards
Operations - Computerised Stock Control
Define computerised stock control,
What is the difference between ma...,
What does epos stand for
3  cards
Operations - Methods of Production
List the 3 methods of production,
Give 3 advantages and disadvantag...,
Give 3 advantages and disadvantag...
8  cards
Operations - Methods of Ensuring Quality
List the 6 methods of ensuring qu...,
Define quality control and give 2...,
Define quality control and give 2...
5  cards
Operations - Environment
Describe sustainable raw material...,
List 4 ways a business can be env...,
Give 3 advantages of being enviro...
7  cards
Operations - Ethics
Give 3 disadvantages of being eth...,
Define fairtrade,
Give 3 advantages of a business b...
6  cards
Operations - Technology
Name 5 pieces of technology that ...,
Describe stock control systems as...,
Describe stock control systems as...
6  cards
Operations - Benefits of making Quality products
1  cards
People - Recruitment
List the 4 roles of the hr depart...,
Name and describe the 5 stages of...,
Define internal recruitment and e...
5  cards
People - Selection
List and describe the 4 stages of...,
What is a reference,
Name and describe the 3 methods o...
7  cards
People - Training
Name and define the 3 types of tr...,
Give 4 examples of induction trai...,
Give 3 advantages and disadvantag...
8  cards
People - Motivation
Give 4 benefits of motivated staff,
Give 4 financial incentives descr...,
Give 4 non financial incentives d...
5  cards
People - Industrial Action
Define industrial action,
Name and describe the impacts of ...,
Give 3 impacts industrial action ...
6  cards
People - Legislation
What is legislation name and defi...,
Give 3 responsibilities of the em...,
Give the 4 features of the equali...
6  cards
Finance - Sources Of Finance
Define a bank overdraft give one ...,
What is a government grant give 1...,
What are retained profits give on...
6  cards

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N5 Business Management

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