Enterprise-business Structure Flashcards
SME
A small,medium sized enterprise .medium-250.turnaover -50m .99%business in UK are.
Primary sector
Raw material.coal mining
Secondary sector
Manufacturing,assembly process .raw matt to components. Eg manufacturing
Tertiary sector
Commercial services supporting production,distribution
Executive summary
Overview of business aims.
Financial plan
Sales forecast indicating potential revenues.cashflow for first 12 months .profit and loss for first year.break even analysis.
Financial plan
Sales forecast indicating potential revenues.cashflow for first 12 months .profit and loss for first year.break even analysis.
Human resources plan
Human resources plan no of employees ,skills experience, qualifications, they have outlined
Operations plan
Where business located ,production-costs of it methods,equipment ,where supplies bought.
Marketing plan
Size of market,ends of customers,level of competition,price,product promotion and place.
Mass market
Sells to whole market in same way
Market size
N.o sales by value /vol in market as whole
Market orientated
Whole thing focus on needs of consumer.
Product orientated
Develip product ,then look for market to sell to
Need for market
Launch new products,maintaining share in market,keeping profile, branding value of existing prods
