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Higher Business
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Local Government Flashcards
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Higher Business
(83 decks)
Needs, Want, Etc.
Sector of Economy
Sectors of Industry
Adding Value
Private Limited Company (Ltd)
Public Limited Company (PLC)
Franchiser & Franchisee
Multinationals
Social Enterprise
Types of objectives
Corporate Social Responsibility
Central Government
Charities
Local Government
Methods of Growth
Ways to Achieve Growth
Ways of Funding Growth
Political Factor
Economic Factor
Technology factor
Environmental Factor
Social Factor
Competitive Factor
Factors and their impacts
Stakeholders - Interests and influence
Stakeholder - Conflict of interest
Stakeholders - Interdependence of stakeholders
Structures
Organisational Groupings
Types of Decisions - Table
Types of Decisions
Factors affecting the quality of decisions
Role of a manager
Assessing the effectiveness of a decision
Customers - needs and wants (marketing)
Market Research
Field Research
Marketing Mix
Product life cycle
Product Portfolio
Price
Place - Channel of Distribution
Place - Direct Selling
Place - Retailers Types
Promotion - Into-the-Pipeline
Promotion - Out-of-the-Pipeline
Promotion - Public Relations
The final three P's
Use of Technology in marketing
Management of operations - Overstocking and Understocking
Inventory Management Control System
Just-In-Time
Storage and Warehousing
The role of the logistics manager
Methods of Production (budgeting)
Methods of Production
Reasons for production choices
Importance of quality
Ethical and environmental issues
Management of People - Reasons for workforce change
Steps in workforce planning
Internal or External supply of staff
Selection Methods
Training and development
Motivation and Leadership - Motivation theories
Roles of managers in motivating staff
Leadership Style
Employees Relations
Company Policies and Processes
External Institutions
Employee participations
Use of technology in managing people
Virtual Learning
Employee legislations
Management of Finance - Sources of Finance
Factors affecting sources of finance
Cash Budgeting - Cash flow problems and solutions
Interpretation and analysis of cash budgets
Financial Statements - use
Income Statement
Statement of Financial Position
Ratio Analysis
Use of technology in managing finance