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Edexcel Business Studies (Theme 2)

This class was created by Brainscape user A Level Education. Visit their profile to learn more about the creator.

By: A Level Education
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Decks in this class (18)

Chapter 26- Internal Finance
Capital expenditure,
Revenue expenditure,
Capital
9  cards
Chapter 27- External Finance
Sources of finance,
Family and friends,
Banks
18  cards
Chapter 28- Liability
Unlimited liability,
Limited liability,
Collateral
7  cards
Chapter 29- Planning
Business plan,
A business plan helps to,
A business plan contains
10  cards
Chapter 30- Sales Forecasting
Sales forecast,
Sales forecasting advantages,
Difficulties of sales forecasting
12  cards
Chapter 31- Sales, Revenue and Costs
Sales revenue,
Average cost,
Fixed cost
11  cards
Chapter 32- Break-even
Contribution,
Margin of safety,
What is meant by break even defin...
7  cards
Chapter 33- Budgets
Budget,
4 purposes of budgets,
Three key types of budget
16  cards
Chapter 34- Profit
Gross profit,
Operating profit,
Net profit
13  cards
Chapter 35- Liquidity
Statement of financial position b...,
Assets,
Liabilities
24  cards
Productivity
What is productivity,
Labour productivity,
Capital productivity
12  cards
Chapter 37- Production, Productivity and Efficiency
Production,
Primary industry,
Secondary industry
24  cards
Chapter 38- Capacity Utilisation
Capital utilisation,
Implications of under utilisation,
Implications of over utilisation
4  cards
Chapter 39- Stock Control
Variety of stocks held for a numb...,
A number of factors influence sto...,
Buffer stocks
20  cards
Chapter 40- Quality Management
Quality assurance,
Tqm total quality management,
Quality circles
4  cards
Chapter 41- Economic Influences
Interest rates,
Monetary policy,
Effect of interest rates on inves...
9  cards
Chapter 42- Legislation
Quality control,
Employment contract,
Discrimination
20  cards
Chapter 43- The Competitive Environment
4 determinants of competitiveness,
The number and relative size of b...,
Extent of barriers to entry
8  cards

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Edexcel Business Studies (Theme 2)

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  • 326 flashcards
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