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

Decks in this class (72)

Topic One, Part 1 - Entrepreneurs
What is an enterprise,
What is an entrepreneur,
What are 3 characteristics of an ...
12  cards
Topic One, Part 2 - Constraints and Functions
What are constraints,
What are the four constraints for...,
How can competition be a constraint
22  cards
Topic One, Part 3 - Types of sectors
What is a primary sector business,
What is a secondary sector business,
What is a tertiary sector business
7  cards
Topic One, Part 4 - Franchises
What is a franchise,
What is a franchisee,
What is a franchisor
8  cards
Topic One, Part 5 - Business Size
What issue is associated with usi...,
What factors can determine a busi...,
What issue is associated with usi...
14  cards
Topic Four, Part 1 - Finance
What are the three main objective...,
Why is it important for businesse...,
When comparing financial comparis...
84  cards
Topic Four, Part 2 - Break Even
What are variable costs,
Is rent a fixed or variable cost,
Are electricity costs a fixed or ...
9  cards
Topic Four, Part 3 - Accounting Concepts
What is the formulas for variable...,
What is the formulas for profit loss,
What is the formulas for contribu...
16  cards
Topic Four, Part 4 - Decision Trees (Requires Further Revision)
What are decision trees,
Why are decision trees used,
What are the advantages of decisi...
4  cards
Topic Four, Part 5 - Costing Methods
What are indirect costs,
What are fixed costs,
What are variable costs
31  cards
Topic Four, Part 6 - Contribution
What is contribution,
How does contribution help a busi...,
What is contribution per unit
10  cards
Topic Four, Part 7 - Budgets and Variance
What is a budget,
How do budgets help,
What is zero budgeting
8  cards
Topic Four, Part 8 - Cashflow
What is cashflow,
What are inflows,
What are outflows
12  cards
Topic Four, Part 9 - Statement of Financial Position
What is a statement of financial ...,
What does a statement of financia...,
What are current liabilities
23  cards
INCOMPLETE Topic Four, Part 10 - Income Statement
What are index numbers,
Why are index numbers used,
What are the formulas for index n...
27  cards
Topic Four, Part 11 - Critical Path Analysis (Requires Further Revision)
What is a gantt chart,
How does the gantt chart work,
What does the gantt chart show
14  cards
Topic Four, Part 12 - Critical Path Analysis (Floats and Analysis/Requires Further Revision)
What is a float,
What is a total float,
What is a free float
7  cards
Topic Four, Part 13 - PERT
What is program evaluation and re...,
What is the calculation for pert,
Why is pert useful
5  cards
Topic Four, Part 14 - Depreciation
What is depreciation,
How can depreciation be used for ...,
What is net book value
14  cards
Topic Four, Part 15 - Ratio
What is ratio analysis,
What areas can ratio analysis hel...,
What is liquidity
13  cards
Topic Four, Part 16 - Gearing Ratio
What is gearing ratio,
What does a high gear mean,
What does a low gear mean
12  cards
Topic Four, Part 17 - Profitability Ratio
What is the formula for gross pro...,
What is gross profit margin,
What is net profit margin
11  cards
Part Four, Part 18 - Efficiency Ratio
What are financial efficiency ratios,
What is the ratio for assets turn...,
What is the formula for stock tur...
5  cards
Topic Five, Part 1 - Communication
How does effective communication ...,
How can poor communication impact...,
How can effective communication h...
20  cards
Topic Five, Part 2 - Group Norms
What are the main reasons for goals,
What are outcome goals,
What are performance goals
15  cards
Topic Five, Part 3 - Workforce Planning
What is workforce planning,
What is workforce planning also k...,
What is the process for producing...
17  cards
Topic Five, Part 4 - HRM Objectives
What are important hr objectives,
What are the internal influences ...,
What are the external influences ...
3  cards
Topic Five, Part 5 - Recruitment process
Why is induction training importa...,
What is learning by watching and ...,
What is apprenticeships training
13  cards
Topic Five, Part 6 - Labour Turnover
What do managers need to know abo...,
How is performance measured,
What are the 4 key performance in...
20  cards
Topic Five, Part 12 - Employment Law
What is the law relating to recru...,
What is the law relating to emplo...,
What is the health and safety at ...
14  cards
Topic Five, Part 7 - Appraisals
What is an appraisal,
Are appraisals a legal requirement,
What are the benefits of an appra...
10  cards
Topic Five, Part 9 - Theories of Leadership
What are the 5 parts of blake and...,
What is country club leadership,
What is authoritarian leadership
27  cards
Topic Nine, Part 10 - Motivation
What is taylors theory,
What are the limitations of taylo...,
What is mayos theory
12  cards
Topic Five, Part 8 - Leadership Styles
What are some qualities a manager...,
What are some qualities a leader ...,
What is an autocratic leader
13  cards
Topic Five, Part 11 - Trade Unions
What are trade unions,
What do unions do,
How are trade unions financed
45  cards
Topic Six, Part 1 - Anticipating Customer Needs
What is dagmar,
What does dagmar stand for,
How is dagmar used by a business
6  cards
Topic Six, Part 2 - Boston Matrix
What is the stars category of the...,
What is the cash cow category of ...,
What is the problem child categor...
6  cards
Topic Six, Part 3 - Importance of Place
What is the importance of place,
What are wholesalers,
What are retailers
6  cards
Topic Six, Part 4 - Influences on Marketing Activity
What are the internal influences ...,
How does the economic environment...,
How does the competitive environm...
3  cards
Topic Six, Part 5 - Innovation, Research and Development
What is innovation,
What is the role of research and ...,
What are the problems of research...
9  cards
Topic Six, Part 6 - Marketing Within A Business Environment
What are the ways to measure busi...,
What are the advantages of settin...,
What are the disadvantages of a m...
12  cards
Topic Six, Part 7 - Price Elasticity
What is elasticity,
What is elastic demand,
What is inelastic demand
12  cards
Topic Six, Part 8 - Pricing Strategies
What are pricing strategies,
What is price skimming,
What is penetration pricing
10  cards
Topic Six, Part 9 - Product Life Cycle
What is the product life cycle,
What are the uses for a product l...,
What is the first stage of the pr...
15  cards
Topic Six, Part 10 - SWOT and PESTLE
What are strengths,
What are weaknesses,
What are opportunities
11  cards
Topic Six, Part 11 - Brand Loyalty
How do principles of marketing ge...,
What is anticipating demand,
What is recognising demand
11  cards
Part Six, Part 12 - Elements of Branding
What does branding consist of,
What are the benefits of branding,
What is brand personality
5  cards
Topic Six, Part 13 - Mass and Niche Marketing
What is a mass market,
What is a niche market,
What are two ways a market can be...
3  cards
Topic Seven, Part 1 - Capacity Utilisation and Management
What resource usage is managing c...,
How does a business manage capacity,
How do you calculate capacity uti...
7  cards
Topic Seven, Part 2 - Productivity
What is productivity,
What is the formula for productivity,
What is the formula for the produ...
12  cards
Topic Seven, Part 3 - Stock Control
What are raw materials,
What are work in progress stock,
What are finished goods stock
18  cards
Topic Seven, Part 4 - Internal and External Quality Standards
What is quality,
What does it mean by being fit fo...,
What does it mean by satisfying l...
19  cards
Topic Seven, Part 5 - Lean production
What is lean production,
What are the aims of lean production,
What is the kaizen method
13  cards
Topic Seven, Part 6 - Location and Logistics
How does being in the primary sec...,
How does being in the secondary s...,
How does being in the tertiary se...
4  cards
Topic Seven, Part 7 - Methods of Production UNFINISHED
What is job production,
What is flow production,
What is batch production
9  cards
Topic Seven, Part 8 - Operations Management Objectives and External Influences
What social factors affect settin...,
What ethical factors affect setti...,
What environmental factors affect...
6  cards
Topic Seven, Part 9 - Productivity and Economies/Diseconomies of Scale
What is internal organic growth,
What is external growth,
What are economies of scale
12  cards
Topic Seven, Part 10 - Sampling Methods
What is qualitative data,
What is quantitative data,
What is random sampling
19  cards
All Equations
Total costs,
Unit cost,
Average cost
52  cards
Topic Three, Part 1 - Markets
What is a market,
What is a physical market,
What is a non physical market
28  cards
Topic Three, Part 2 - Supply and Demand
What is demand,
What is supply,
What is sold in the commodities m...
10  cards
Topic Three, Part 3 - Equilibrium & Elasticity
What is excess demand,
What happens to the price when th...,
What is excess supply
5  cards
Topic Three, Part 4 - Global Context
What four factors contribute to i...,
What are the advantages of global...,
What are the disadvantages of glo...
12  cards
Topic Three, Part 5 - Political Factors
What local rules and regulations ...,
What are the difference in policy...,
What are the difference in policy...
24  cards
Topic Three, Part 6 - Ethical Factors
What are examples of a businesses...,
What are the costs of ethical fac...,
What are the benefits of ethical ...
4  cards
Topic Three, Part 7 - Economic Factors
What is the economy,
What is economic activity,
What is gdp
18  cards
Topic Three, Part 8 - Technological Factors
What are the advantages of machin...,
What are the perceived disadvanta...,
Why would a business have to thin...
8  cards
Topic Three, Part 9 - Legal Factors
What is civil law,
What is criminal law,
What is eu law
19  cards
Topic Three, Part 10 - Social Factors
What are demographic change socia...,
What is the grey pound,
What are pressure groups
7  cards
Topic Three, Part 11 - Causes and effects of change and managing change
When is communication and change ...,
What are the internal causes of c...,
What are the external causes of c...
13  cards
Time Series Analysis REQUIRES FURTHER REVISION
What is forecasting,
What is quantitative forecasting ...,
What is qualitative forecasting m...
10  cards
Topic Two, Part 1 - Business Objectives and Strategy
What is porters five forces model,
What are the five forces of porte...,
How does buyer power affect a bus...
6  cards

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