National 5 Business Management

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

Decks in this class (14)

Unit 1 - Business Intro & Objectives F.O.P
What is a business,
What is a need,
What is a want
19  cards
Unit 1 - External Factors (PESTEC)
What is pestec and what does it s...,
Name some features of political e...,
How does tax affects businesses
33  cards
Unit 1 - Internal Factors Affecting Business
What are the internal factors tha...,
Uses of finance,
How does finance affect a business
10  cards
Unit 1 - Stakeholders
What are the two types of stakeho...,
What are stakeholders,
Name the internal stakeholders
22  cards
Unit 2 - Suppliers & Inventory (Man. of Op.)
What is the purchasing mix,
What are the factors in the purch...,
Why is the cost of raw materials ...
21  cards
Unit 2 - Methods of Production (Man. of Op.)
What are the methods of production,
Define labour and capital intensi...,
What is automation
20  cards
Progress Check 2 - Managing Money, Business Cycle, Sources of Help & Advice
What are incomings,
What are outgoings,
Uses of incoming outgoing sheet
34  cards
Unit 3 - HRM, recruitment & selection
What are the steps in the recruit...,
Name 3 possible causes of a vacancy,
What is the purpose of a job anal...
29  cards
Unit 3 HRM - Training, Motivation & Legislation
What is induction training,
What are the advantages of induct...,
What are the disadvantages of ind...
37  cards
Unit 3 HRM - Technology in People
What is the main responsibility o...,
How does hr use databases like mi...,
How does hr use spreadsheets like...
8  cards
Unit 3 - Finance - Sources of Finances
What is a bank overdraft,
What are the advantages of a bank...,
What are the disadvantages of a b...
33  cards
Unit 3 - Break-Even & Income Statement
What is break even,
What is the break even point,
List four examples of business costs
26  cards
Unit 3 Finance - Cash Budgets
What is a cash budget,
List three reasons for creating a...,
What can a surplus in a cash budg...
18  cards
Unit 3 Finance - Technology
What is a spreadsheet used for in...,
Give two examples of spreadsheet ...,
List three uses of spreadsheets i...
20  cards

More about
National 5 Business Management

  • Class purpose General learning

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