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Year 13 > Homework flashcards > Flashcards

Homework flashcards

1
Q

benefit of a sales forecast

A
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2
Q

drawback of a sales forecast

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3
Q

benefit of market segmentation

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4
Q

benefit of primary research

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5
Q

benefit of a market map

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6
Q

drawback of qualitative data

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7
Q

role of an entrepreneur

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8
Q

benefit of secondary research

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9
Q

drawback of quantitative data

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10
Q

drawback of qualitative data

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11
Q

how business plans can be ineffective

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12
Q

benefit of using prioritising aesthetics in the design mix

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13
Q

entrepreneurial characteristics - creativity

A
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14
Q

usefulness of break-even

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15
Q

why break-even is not useful

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16
Q

benefit of a sole trader

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17
Q

drawback of a sole trader

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18
Q

benefit of a PLC

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19
Q

Drawback of stock market floatation

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20
Q

Benefit of an ltd.

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21
Q

Drawback of an ltd.

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22
Q

benefit of a franchisee

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23
Q

drawback of a franchisee

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24
Q

retained profit benefit

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25
Q

retained profit drawback

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26
Q

peer to peer lending benefit

A
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27
Q

peer to peer lending drawback

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28
Q

venture capital benefit

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29
Q

crowdfunding benefit

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30
Q

crowdfunding drawback

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31
Q

loan benefit

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32
Q

loan drawback

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33
Q

share capital benefit

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34
Q

share capital drawback

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35
Q

overdraft benefit

A
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36
Q

overdraft drawback

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37
Q

leasing benefit

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38
Q

leasing drawback

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39
Q

trade credit benefit

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40
Q

trade credit drawback

A
41
Q

grant benefit

A
42
Q

grant drawback

A
43
Q

above the line promotion - benefit

A
44
Q

building a brand through advertising

A
45
Q

building a brand through sponsorship

A
46
Q

building a brand through a USP

A
47
Q

changing a brand to reflect social trends

A
48
Q

factors affecting supply - reducing cost of production

A
49
Q

above the line promotion - drawback

A
50
Q

how to benefit from being in a dynamic market

A
51
Q

negative impact of being in a dynamic market

A
52
Q

benefit of using emotional branding

A
53
Q

benefit of being market orientated

A
54
Q

drawback of being market orientated

A
55
Q

drawback of being in a mass market

A
56
Q

benefit of operating in a niche market

A
57
Q

drawback of operating in a niche market

A
58
Q

benefit of being product orientated

A
59
Q

drawback of being product orientated

A
60
Q

changing the design mix to reflect social trends

A
61
Q

problem adapting the design mix to reflect social trends

A
62
Q

benefit of operating in a mass market

A
63
Q

Factors that affect PED and their values

A
64
Q

Factors that affect PED

A
65
Q

Headings in the Balance Sheet

A
66
Q

Headings in the Income Statement

A
67
Q

Headings on a cash flow forecast

A

Cash Inflows
Cash Outflows
Net Cash Flow
Opening Balance
Closing Balance

68
Q

role culture

A
69
Q

task culture

A
70
Q

person culture

A
71
Q

power culture

A
72
Q

Benefit of autocratic leadership

A
73
Q

Drawback of autocratic leadership

A
74
Q

Paternalistic Benefit

A
75
Q

Paternalistic Drawback

A
76
Q

Laissez Faire Benefit

A
77
Q

Laissez Faire Drawback

A
78
Q

Democratic Benefit

A
79
Q

Democratic Drawback

A
80
Q

balanced product portfolio

A
81
Q

Boston matrix dog products

A
82
Q

Boston matrix question marks

A
83
Q

Boston matrix stars

A
84
Q

competitive pricing strategy benefit

A
85
Q

competitive pricing strategy drawback

A
86
Q

cost plus pricing benefit

A
87
Q

cost plus pricing drawback

A
88
Q

using a dog product as a source of finance

A
89
Q

issue with having a balanced product portfolio

A
90
Q

problem with dog products on the Boston Matrix

A
91
Q

drawback of penetration pricing

A
91
Q

benefit of penetration pricing

A
92
Q

decline stage of product life cycle

A
93
Q

development stage product life cycle

A
94
Q

extension strategies on the product life cycle

A
95
Q

growth stage product life cycle

A
96
Q

how products in the decline stage can be used as a source of finance

A
97
Q

maturity stage of product life cycle

A
98
Q

problem with extension strategies

A

Year 13 (1 decks)

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