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Business studies - Year 12
> 3.6.2 > Flashcards
3.6.2 Flashcards
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Study These Flashcards
Business studies - Year 12
(26 decks)
Introduction to Business
3.1.1 - Understanding the nature and purpose of business
3.1.2 - Understanding different business forms
3.1.3 - Understanding that businesses operate within an external environment
3.2.1 - Understanding management, leadership and decision making
3.2.2 - Understanding management decision making
3.2.3 - Understanding the role and importance of stakeholders
3.3.1 - Setting marketing objectives
3.3.2 - Understanding markets and customers
3.3.3 - Making marketing decisions: segmentation, targeting, positioning
3.3.4 - Making marketing decisions: using the marketing mix
3.4 - Operational Management
3.4.2 - Analysing operational performance
3.4.3 - Making operational decisions to improve performance: increasing efficiency and productivity
3.4.4- Making operational decisions to improve performance: improving quality
3.5.1 - Financial Management
3.5.2 - Analysing Financial Performance - Budgeting
3.5.2 - Analysing Financial Performance - Cash Flow
3.5.2 - Analysing Financial Performance - Break Even
3.5.3 - Financial Management - Sources of Finance
3.5.4 - Improving Cash Flow and Profits
3.6.1 - Setting Human Resource Objectives
3.6.4
3.6.5 - Improving employer - Employee Relations
3.6.3
3.6.2