This class was created by Brainscape user Neel Saraf. Visit their profile to learn more about the creator.

Decks in this class (36)

Chapter 1 Business activity
Needs,
Wants,
Economic problem
14  cards
Chapter 2 Classifications of businesses
Primary sector,
Secondary sector,
Tertiary sector
11  cards
Chapter 3 Enterprise, Business Growth and Size
Entrepreneur,
Cons of being an entrepreneur,
Pros of being an entrepreneur
29  cards
Chapter 4 Types of business organizations
What is a sole trader business,
Characteristics of a sole trader ...,
Advantages of a sole trader business
32  cards
Chapter 5 Business and Stakeholder objectives
Business objectives,
Examples of business objectives n...,
Market share formula
19  cards
Chapter 6 Motivating employees
Why do people work,
Benefits of motivated employees,
Maslow s hierarchy
29  cards
Chapter 7 (A) Organization and Management
What is an organisation,
What is an organisational structure,
Advantages of an organisational s...
34  cards
Chapter 7 (B) Delegation and styles of leadership
What is delegations,
Advantages of delegation for mana...,
Advantages of delegation for empl...
15  cards
Ch 7 (C) - trade unions
Def of a trade union,
Benefits of trade unionstate 4,
Disadv of being in a trade union
5  cards
Chapter 8: Recruitment, selection and training of employees
Circumstances to start recruitmen...,
General cycle of recruitment and ...,
What is job analysis
65  cards
Chapter 9 Internal and external communication
Definition of communication,
What is a message,
What is internal communication
25  cards
Chapter 10 Marketing, competition and the customer
What is marketing,
Who is a customer,
The teams that make up the market...
24  cards
Chapter 11 Market Research
What is market research,
What is a product oriented business,
What is a market oriented business
46  cards
Chapter 12 Marketing mix: product
What is the marketing mix,
4ps of the marketing mix,
What is product marketing mix
38  cards
Chapter 13 Marketing mix: price
What are the 5 types of pricing s...,
What is competitive pricing,
Adv of competitive pricing
33  cards
Chapter 14 Marketing Mix: place
What is a distribution channel,
What is distribution channel 1,
What are the advantages of using ...
16  cards
Chapter 15 Marketing Mix: promotion
What is promotion,
What are the 2 general types of p...,
What are the aims of promotion
20  cards
Chapter 16 Tech and E commerce
What is social media marketing,
Activities of social media market...,
What is viral marketing
13  cards
Chapter 17 Marketing strategy
What is marketing strat,
What are some marketing objectives,
Explain the imp of price
14  cards
Chapter 18 Production
What are the different roles in t...,
What does a factory manager do,
What does a purchasing manager do
42  cards
Chapter 18 (2) Production - Technology
Name the 5 technologies that have...,
What is automation,
What is mechanisation
14  cards
Chapter 19: Break-even analysis + EOS, DEOS
What are the 2 types of costs,
Explain what fixed costs aregive ...,
Explain variable costs2 examples
27  cards
Chapter 20: Quality Assurance
Def of quality,
What do quality products help a b...,
What can happen if quality is not...
22  cards
Chapter 21: Location Decisions
Factors that influence where a bu...,
How does production method influe...,
How does market influence locatio...
18  cards
Chapter 22: business finance + needs
Functions of a finance department,
3 reasons businesses need finance,
What is start up capital
32  cards
Chapter 23: Cashflow forecasting and working capital
What is cash flows,
Problems because of a lack of cas...,
What is cash inflow
26  cards
Chapter 24: Income statements
What are accounts,
What is the final account,
Profit formulahow to increase
13  cards
Chapter 25 - Balance sheets
What does the balance sheet showa...,
What are assets,
What are liabilites
9  cards
Chapter 26 - Ratios
Definition for capital employed,
What is liquidity,
What is profitability
21  cards
Ch 27 - Economic Issues (Aims)
What is economic growth,
What is gdpfull form,
Define negative economic growth
21  cards
Ch 27 - economic issues (policies)
3 policies that a govt uses to ac...,
Define fiscal policy,
What are the 2 main types of taxe...
28  cards
Ch 28 - Env and ethical issues
What is social responsibility,
Define global warming,
What happens if businesses worry ...
28  cards
Ch 29 - Business and the Intl Economy
What is globalisation,
What are the reasons for globalis...,
Def of free trade agreements
31  cards
chapter 8 - recruitment
Circumstances to start recruitmen...,
General cycle of recruitment and ...,
What is job analysis
32  cards
Chapter 8 - types of employees + training
Who is a part time employee,
Who is a full time employee,
Adv of part time employees
19  cards
Chapter 8 - legal controls
What is workforce planning,
What is resignation,
How to reduce employees
14  cards

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