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sahan liyanage
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Decks in this class (27)
Business activity
Need,
Want,
Economic problem
12
cards
Classification of business
Primary sector,
Secondary sector,
Tertiary sector
8
cards
Enterprise. business growth and size
Entrepreneur,
Pros of being an entrepreneur,
Cons of being an entrpreneur
19
cards
Types of business organizations
Sole trader,
Legal regulations to set up a sol...,
Advantages of being a sole trader
32
cards
Business objectives and stakeholder objectives
Business objectives,
Pros of setting up objectives,
Most common objectives private se...
8
cards
Motivating employees
Motivation,
Benefits of a well motivated work...,
Maslow s hierarchy
31
cards
Organization and Management
Organizational structure,
Organizational chart,
Hierarchy
33
cards
Recruitment, selection and training of employees
Recruitment,
Employee selection,
Human resource department
37
cards
Internal and External communication
Communication,
Message,
Internal communication
23
cards
Marketing , Competition and the customer
Marketing,
Customer,
Customer loyalty
19
cards
Market research
Market research,
Product orientated,
Market orientated
28
cards
The marketing mix: Product
Marketing mix,
What is the aim of a product,
Unique selling point
19
cards
the marketing mix: price
Why business adopt new pricing st...,
Cost plus pricing,
Advantages of cost plus pricing
19
cards
The marketing mix: Place
Distribution channel,
Direct to consumers pros,
Direct to consumers cons
11
cards
the marketing mix: promotion
Promotion,
Aims of promotion,
Advertising
18
cards
Technology and the marketing mix
Social media marketing,
Viral marketing,
E commerce
12
cards
Marketing strategy
Marketing strategy,
Possible marketing objectives,
Justify marketing strategy for a ...
3
cards
Production of goods and services
Labour insentive,
Capital insentive,
Productivity
28
cards
Costs, scale of production and break-even analysis
Fixed costs,
Variable costs,
Total costs
17
cards
Achieving quality production
How does quality of products help...,
Quality,
If quality is not maintained
11
cards
Business Finance: needs and sources
What do finance departments do,
Reasons why business need finance,
Star up capital
31
cards
Cash flow forecasting and working capital
Cash flow,
Problems with low cash flows,
Cash inflows
17
cards
Income statements
Accounts,
Accountants,
Final accounts
13
cards
Statement of financial position
Statement of financial position,
Assets,
Liabilities
8
cards
Analysis of accounts
Analysis of accounts,
Uses of analysis of accounts,
Capital employed
7
cards
Economic issues
Gross domestic product,
Main stages of the business cycle,
Growth
34
cards
Environmental and ethical issues
Social responsibility,
Enviornment,
Global warming
14
cards
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Business
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