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Anais Purchase
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Decks in this class (57)
Introduction to business - Enterprise
enterprise
25
cards
Introduction to business - business sectors
What is the private sector,
What is the public sector,
What is the third sector
16
cards
Introduction to business - type of business
What are the 4 types of businesses,
What types of businesses are unin...,
What types of businesses are inco...
18
cards
Introduction to business - franchises and franchisees
What is a franchise,
What are the advantages to the fr...,
What are the disadvantages to the...
10
cards
Introduction to business - business size and growth
How do you measure the size of a ...,
What factors affect the size of a...,
Why might a business want to grow
23
cards
Introduction to business - external growth
What is a joint venture,
What are the benefits of a joint ...,
Define synergy
7
cards
business objectives and strategies - different stakeholder and business objectives
What are the sections in the hier...,
What is meant by aim in the hiera...,
What is meant by mission in the h...
20
cards
business objectives and strategies - strategy and implementation
What is the difference between a ...,
What are the 3 types of strategy,
What is corporate strategy
6
cards
external influences - the market, market size and growth
Explain what is meant by a market,
Explain what is meant by competition,
What is a monopoly
24
cards
external influences - supply and demand
Define demand,
Define supply,
What is the relationship between ...
49
cards
external influences - physical and non-physical markets
Distinguish between physical and ...,
Define market,
What are the benefits of a non ph...
6
cards
external influences - competition
Explain what is meant by competition,
What is a barrier to entry,
What are the barriers to entry
6
cards
External influences - Market dominance
What is market dominance,
What is market power,
Define merger
18
cards
STEEPLE - economic factors
What does steeple stand for,
What is gdp,
How is the size of the economy me...
92
cards
STEEPLE - social factors
What are the two types of social ...,
Define demographic,
What are some examples of demogra...
5
cards
STEEPLE - Legal factors
What is national minimum wage,
What are some consequences of not...,
Why should businesses follow nati...
44
cards
STEEPLE - ethical factors
Define ethics,
What are some examples of ethical...,
What are the benefits of behaving...
5
cards
STEEPLE - environmental factor
Describe some environmental issue...,
What is air pollution,
What is noise pollution
14
cards
STEEPLE - Political factors
What is the meaning of political ...,
What are the 5 political factors,
How does having conservative pms ...
8
cards
STEEPLE - Technological factors
What are some examples of technol...,
Define computer hardware you don ...,
Define
5
cards
external influences - the European Union
What is the european union,
What are some of the things membe...,
What is the benefit of the single...
10
cards
the marketing strategy - price
What is the elastic curve like,
What is the inelastic curve like,
What are the factors that might m...
7
cards
Operations management within a business environment - Operations management objectives
Define operations management,
What are some operations manageme...,
What are the factors that influen...
7
cards
the production process - methods of production
What is job production,
Advantages of job production,
Disadvantages of job production
19
cards
the production process - Innovation, research and development
Explain what is meant by research...,
What are the potential products w...,
What factors influence r d
12
cards
the production process - project management
What is critical path analysis,
What does critical path analysis do,
Why is cpa good
19
cards
productive efficiency - economies and diseconomies of scale
What are economies of scale,
What are the internal economies o...,
What are external economies of scale
15
cards
productive efficiency - productivity
Explain what is meant by producti...,
How can you calculate measures of...,
What does the calculation for pro...
9
cards
productive efficiency - stock control
Explain what is meant by stock co...,
What does stock control ensure,
What are the three types of stock...
24
cards
types of lean production
What is kaizen,
Where do the ideas for kaizen com...,
What does the kaizen groups do
35
cards
productive quality (fit for purpose) - internal quality standards
What is quality assurance,
What is quality control,
What are the disadvantages of qua...
8
cards
productive quality (fit for purpose) - external quality standards
What is benchmarking,
Limitations of quality benchmarking,
Define quality standards
7
cards
productive quality - location and logistics
What is the main aim of choosing ...,
What are supply factors to do wit...,
What is the supply factor of labo...
26
cards
Business objectives and strategy - decision trees
How can managers make decisions,
What is a decision tree,
What are the benefits of decision...
4
cards
business objectives and strategy - forecasting
What is time series analysis,
What is a business able to do whe...,
What are the limitations of forec...
13
cards
business objectives and strategy - mission statement
What is a mission statement,
Why are mission statements often ...
2
cards
business objectives and strategy - Corporate social responsibility (CSR)
Explain what is meant by corporat...
1
cards
business objectives and strategy - business plans
What is a business plan,
What is included in a business plan,
Benefit of a business plan
10
cards
business objectives and strategy - risk and uncertainty
What is a calculated risk,
What are the non financial reward...,
What are the financial rewards fo...
3
cards
business objectives and strategies - SWOT analysis
What is auditing,
What is internal auditing,
What is external auditing
4
cards
business objectives and strategy - contingency planning and crisis management
Explain the nature of contingency...,
Explain the purpose of contingenc...,
What are the advantages of contin...
10
cards
Business objectives and strategy - Ansoff's matrix
Explain the nature and purpose of am,
Distinguish between the quadrants...,
What is market penetration
11
cards
business objectives and strategy - Models of strategic choice
What is porters 5 forces model,
What is the purpose of porter s 5...,
What are the categories of p5fm
15
cards
Accounting and finance within a business environment - sources of finance
What are the short term sources o...,
What is an overdraft,
What are the advantages of overdr...
18
cards
The workforce - recruitment
Explain what is meant by recruitment,
What are the reasons for recruitment,
Explain the content and purpose o...
25
cards
The workforce - selection
Define selection,
What is a cv,
What are the advantages of a cv
21
cards
The workforce - training
Define induction training,
What should induction training do,
What is on the job training
18
cards
Management accounting - Break Even Analysis
Define break even analysis,
Define contribution,
How to calculate contribution
10
cards
management accounting - investment appraisal
Explain the nature and purpose of...,
What are the 3 types of investmen...,
How to calculate payback period
11
cards
Human resource management within a business environment - organisation
What is an organisational chart,
What does an organisational chart...,
What is span of control
42
cards
Change - Causes and effect of change
Define change,
What are the internal causes of c...,
How are objectives an internal ca...
6
cards
financial accounting - statement of financial position
INCLUDES WORKING CAPITAL
26
cards
management accounting - working capital
Define working capital,
How to calculate working capital,
How to improve working capital
5
cards
financial accounting - income statements
Explain what is meant by an incom...,
Explain what is contained in an i...,
How to calculate gross profit
5
cards
financial accounting - ratio analysis
How to calculate current ratio,
How to calculate acid test ratio,
What value do you want the curren...
13
cards
the workforce - Appraisal and workforce performance
Explain what is meant by appraisal,
What is the purpose of appraisal,
What is managerial appraisal
15
cards
management - leadership
Explain what is meant by leadership,
What are the 4 types of leadershi...,
What is an autocratic leadership ...
8
cards
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OCR A-Level business
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Business studies (A levels)
- 40 decks
- 1269 flashcards
- 3213 learners
Decks:
Chapter 1 Enterprise, Ratios, Chapter 2 Business Structure, And more!
