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theme 2 business

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

By: Unknown Unknown
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Decks in this class (18)

2.1.1 Internal finance
What is internal finance,
What are the advantages of intern...,
What are potential sources of int...
6  cards
2.1.2 External finance
What is a key advantage of using ...,
What are two benefits of obtainin...,
What is a characteristic of peer ...
29  cards
2.1.3 Liability
What is unlimited liability,
What is the legal distinction bet...,
Are owners legally responsible fo...
8  cards
2.1.4 planning
What is the primary purpose of a ...,
How does a business plan help len...,
What is included in a business pl...
9  cards
2.2.1 Sales forecasting
What is the purpose of sales fore...,
What are some factors affecting s...,
What does sales forecasting predict
14  cards
2.2.2 Sales, revenue and costs
What is sales volume,
What is sales revenue,
Fill in the blank revenue is equa...
10  cards
2.2.3 Break even
What is the break even point,
What does break even analysis ind...,
Why is break even analysis less u...
10  cards
2.2.4 Budgets
What is the purpose of budgets,
List the reasons for creating bud...,
What is a zero based budget
9  cards
2.3.1 Profit
What is gross profit,
What is operating profit,
What is net profit
16  cards
2.3.2 Liquidity
What is liquidity,
What is the current ratio,
What are current assets
10  cards
2.3.3 business failure external causes
What are some external causes of ...,
How do economic challenges contri...,
What legal factors can lead to bu...
10  cards
2.4.1 Production, productivity and efficiency
What is job production,
What is batch production,
List three advantages of job prod...
22  cards
2.4.2 Capital utilisation
What is capacity in a business co...,
What does capacity utilisation me...,
How is current output calculated
14  cards
2.4.3 Stock control Stock control diagrams
What is the maximum stock level,
What is the reorder level,
What is the minimum stock level
15  cards
2.4.4 Quality management
What does quality consider in a p...,
What is quality control,
What is the main focus of quality...
15  cards
2.5.1 Economic influences
What is inflation,
What does the consumer price inde...,
List some problems caused by infl...
18  cards
2.5.2 Legislation
What is legislation,
What is the aim of consumer prote...,
List some areas covered by consum...
16  cards
2.5.3 The competitive environment
What does the competitive environ...,
How does competition affect busin...,
What is market size
5  cards

More about
theme 2 business

  • Class purpose General learning

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