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Decks in this class (37)

10) Recruitment process
Step 1 recruitment,
Step 3 recruitment,
Step 3 recruitment
6  cards
2) Sectors Of Industry
Describe primary sector,
Describe secondary sector of indu...,
Describe the tertiary sector of i...
4  cards
6) External Factors
Describe political factors,
Describe economic factors,
Describe social factors
6  cards
25) Marketing
What is differentiated marketing,
What is undifferentiated marketing,
Name 3 examples of groups in mark...
5  cards
22) Cash Budgeting
Why are cash budgets important,
Why do cash flow issues occur,
How to solve cash flow issues
5  cards
23) Break Even
Fixed cost,
Variable costs,
Total costs
7  cards
24) Income Statement
What are the two sections of profit,
How to avoid making a loss
2  cards
4) Sectors Of The Economy
What types of businesses are ther...,
What types of businesses are ther...,
What types of businesses are ther...
22  cards
1) Role Of Business In Society
Are services tangible or intangible,
What does durable mean,
What does non durable mean
7  cards
3) Customer Satifaction
What is customer service,
How could a business have good cu...,
Why is customer service important
7  cards
7) Internal Factors
Finance,
Staff,
Management
6  cards
5) Key Business Objectives
What are the key business objectives
1  cards
8) Stakeholders
Shareholder stakeholders,
Employees stakeholders,
Managers stakeholders
9  cards
9) Human Resources
Advantages of internal recruitment,
Advantages of external recruitment,
Methods of recruitment
4  cards
11) Selection Process
Step 2 selection,
Step 3 selection,
Interview formats
8  cards
12) On The Job Training
Apprenticeships,
Sitting next to nellie,
Coaching
6  cards
13) Off The Job Training
Off the job training examples,
Courses at college and university,
Self paced distance learning
3  cards
14) Costs And Benefits Of Training
Costs of training,
Benefits of training
2  cards
15) Why Should You Retain And Motivate Staff
Why is it important to retain and...,
How does retaining and motivating...,
How does retaining and motivating...
6  cards
16) Financial Methods Of Motivating Staff
Time rate or flat rate schemes,
Piece rate schemes,
Financial methods of motivating s...
6  cards
17) Non-Financial Methods Of Motivating Staff
Non financial methods of motivati...,
Delegation,
Job rotation
8  cards
18) Employment Legislation
Health and safety at work act 1974,
Health and safety at work act 197...,
Data protection act 1998
5  cards
19) Short Term Finance
Why does a business need finance,
Short term sources of finance,
Bank overdraft
7  cards
20) Medium Term Sources Of Finance
Medium term sources of finance,
Bank loan,
Leasing
4  cards
21) Long Term Sources Of Finance
Long term sources of finance,
Owners personal finance,
Share issue
5  cards
26) Desk Research
What is market research,
What is desk research,
What are the advantages of desk r...
4  cards
27) Field Research
What is field research,
Name three examples of methods of...,
Advantages of field research
4  cards
28) The Marketing Mix Overview
What are the four p s of the mark...,
What is an augmented product,
What is an actual product
9  cards
29) Product Life-Cycle
What are the four stages of the p...,
Describe the introduction part of...,
Describe the growth part of the p...
7  cards
30) Price
What must the price of a product ...,
What is penetration pricing,
What is destroyer pricing
7  cards
31) Place
What factors affect the chosen ch...,
E commerce as a channel of distri...,
What influences the location of t...
3  cards
32) Promotion
Name four promotional strategies,
Name four types of advertising,
What are the advantages of tv adv...
7  cards
33) Suppliers
What are the factors that need to...,
What factors does the choice of s...,
What is buying on credit from a s...
3  cards
34) Stock Management
What is operations,
What does the operations departme...,
Why must the operations departmen...
9  cards
35) Methods Of Production
What is capital intensive production,
What is labour intensive production,
What are the advantages of labour...
15  cards
36) Quality
What is a quality product,
What are the advantages of having...,
What is quality control
7  cards
37) Recycling And Packaging
What does recycling do to benefit...,
Packaging laws
2  cards

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nat 5 business

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