Homework flashcards
1
Q
benefit of a sales forecast
A
2
Q
drawback of a sales forecast
A
3
Q
benefit of market segmentation
A
4
Q
benefit of primary research
A
5
Q
benefit of a market map
A
6
Q
drawback of qualitative data
A
7
Q
role of an entrepreneur
A
8
Q
benefit of secondary research
A
9
Q
drawback of quantitative data
A
10
Q
drawback of qualitative data
A
11
Q
how business plans can be ineffective
A
12
Q
benefit of using prioritising aesthetics in the design mix
A
13
Q
entrepreneurial characteristics - creativity
A
14
Q
usefulness of break-even
A
15
Q
why break-even is not useful
A
16
Q
benefit of a sole trader
A
17
Q
drawback of a sole trader
A
18
Q
benefit of a PLC
A
19
Q
Drawback of stock market floatation
A
20
Q
Benefit of an ltd.
A
21
Q
Drawback of an ltd.
A
22
Q
benefit of a franchisee
A
23
Q
drawback of a franchisee
A
24
Q
retained profit benefit
A
25
retained profit drawback
26
peer to peer lending benefit
27
peer to peer lending drawback
28
venture capital benefit
29
crowdfunding benefit
30
crowdfunding drawback
31
loan benefit
32
loan drawback
33
share capital benefit
34
share capital drawback
35
overdraft benefit
36
overdraft drawback
37
leasing benefit
38
leasing drawback
39
trade credit benefit
40
trade credit drawback
41
grant benefit
42
grant drawback
43
above the line promotion - benefit
44
building a brand through advertising
45
building a brand through sponsorship
46
building a brand through a USP
47
changing a brand to reflect social trends
48
factors affecting supply - reducing cost of production
49
above the line promotion - drawback
50
how to benefit from being in a dynamic market
51
negative impact of being in a dynamic market
52
benefit of using emotional branding
53
benefit of being market orientated
54
drawback of being market orientated
55
drawback of being in a mass market
56
benefit of operating in a niche market
57
drawback of operating in a niche market
58
benefit of being product orientated
59
drawback of being product orientated
60
changing the design mix to reflect social trends
61
problem adapting the design mix to reflect social trends
62
benefit of operating in a mass market
63
Factors that affect PED and their values
64
Factors that affect PED
65
Headings in the Balance Sheet
66
Headings in the Income Statement
67
Headings on a cash flow forecast
Cash Inflows
Cash Outflows
Net Cash Flow
Opening Balance
Closing Balance
68
role culture
69
task culture
70
person culture
71
power culture
72
Benefit of autocratic leadership
73
Drawback of autocratic leadership
74
Paternalistic Benefit
75
Paternalistic Drawback
76
Laissez Faire Benefit
77
Laissez Faire Drawback
78
Democratic Benefit
79
Democratic Drawback
80
balanced product portfolio
81
Boston matrix dog products
82
Boston matrix question marks
83
Boston matrix stars
84
competitive pricing strategy benefit
85
competitive pricing strategy drawback
86
cost plus pricing benefit
87
cost plus pricing drawback
88
using a dog product as a source of finance
89
issue with having a balanced product portfolio
90
problem with dog products on the Boston Matrix
91
drawback of penetration pricing
91
benefit of penetration pricing
92
decline stage of product life cycle
93
development stage product life cycle
94
extension strategies on the product life cycle
95
growth stage product life cycle
96
how products in the decline stage can be used as a source of finance
97
maturity stage of product life cycle
98
problem with extension strategies
