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

Decks in this class (79)

legal structure / ownership
What is a sole trader status,
What are the benefits of a sole t...,
What are the drawbacks of a sole ...
12  cards
why do businesses exist? MR WHITE
What is a business,
What do businesses exist for,
What do businesses exist for
12  cards
changing structure
Why might some incorporated or un...,
Why some incorporated or unincorp...
2  cards
mission MR WHITE
What is a mission statement,
What are the four aspects of a mi...,
What are some criticisms of a mis...
7  cards
shareholders
What is a share,
What is a shareholder,
What companies can sell shares
8  cards
share value
A falling share price indicates what,
A rising share price indicates what,
Describe the share price of a pri...
13  cards
costs and profit MR WHITE
What are fixed costs,
What are variable costs,
What is total cost
9  cards
ownerships and objectives
What is a sole trader s mission,
What are sole trader s objectives,
Who makes a sole trader s decisions
16  cards
External factors and business activity
How can inflation impact on busin...,
How can interest rates impact on ...,
How can real incomes impact on bu...
7  cards
profit and cash flow MR WHITE
What are some profit objectives,
What is gross profit,
What is net profit
7  cards
interest rates
How does interest rates change th...,
How does interest rate change bus...
2  cards
Demographic factors
What factors make up a demographic,
How does an increasing population...,
How does an ageing population imp...
6  cards
ethics and environmental issues
How can businesses harm the envir...,
Why do they do this,
Who keeps businesses in check
7  cards
Business activity and the environment
How do businesses depend on the n...,
How do businesses harm the natura...,
How can businesses help the envir...
3  cards
managers and leaders
What are the 4 functions of manag...,
What are the 4 leadership styles,
What is the difference between ma...
6  cards
stakeholder mapping
What are some examples of stakeho...,
What are minimal effort stakeholders,
What are keep informed stakeholders
8  cards
Stakeholder management
How should key players be managed,
How should keep satisfied stakeho...,
How should keep informed stakehol...
4  cards
Setting Marketing Objectives
What is the role of marketing,
Why is setting marketing objectiv...,
What are 3 typical marketing obje...
3  cards
Market size and growth
What is market growth,
What is market share
2  cards
Influences on marketing objectives
What are some internal influences...,
What are some external influences...
2  cards
Marketing research and data
What is qualitative research,
What is quantitative research,
What is market mapping
5  cards
Sampling
What is sampling,
What is random sampling,
What is cluster sampling
9  cards
Employer-Employee Relations
What is employee representation,
When is it a legal requirement to...,
What are the benefits of formal e...
18  cards
Porter
What are the 3 sustainable porter...,
What is the only unsustainable po...,
What is differentiation
12  cards
Hackman and Oldham
What are the 5 parts of hackman a...,
What is skill variety,
What is task identity
6  cards
Mass customisation
How does muss customisation work,
Why does it benefit customers,
What does mass customisation do f...
7  cards
Operational objectives
What are some operational obejctives,
What is added value,
What are some internal influences...
4  cards
Capital vs labour intensive production
What is capital intensive production,
What is labour intensive production,
What are some benefits of capital...
6  cards
Lean Production
What are the 4 types of lean prod...,
Describe time based management,
What is cell production
5  cards
Break even analysis
What is break even output,
What is contribution,
What is the margin of safety
5  cards
Capacity Utilisation
How do you calculate capacity uti...,
What is the ideal value,
Why is utilisation important
8  cards
Core competencies
What are core competencies,
Why are they important,
How can a business identify a cor...
4  cards
Balanced Scorecard
What is the balanced scorecard,
What are the 4 perspectives of th...,
How does this apply to shareholders
9  cards
Triple Bottom line
What is the triple bottom line,
What is profit measurement,
What is people measurement
8  cards
mission and corporate
What is a mission statement,
What are corporate objectives,
What is an example of a mission s...
17  cards
elasticity of demand
What is price elasticity,
If ped is 1 what is the product,
If ped is 1 what is the product
8  cards
Sources of finance
What may be the cost of finance,
Why is finance dependent on struc...,
What finance may be used by start...
13  cards
inventory management
What are the 3 types of inventory,
What is inventory held for,
What influences how much inventor...
12  cards
Marketing Mix - Product
What is a product,
What are the 2 types of product,
What is a consumer product
19  cards
Marketing Mix - Pricing
What is price,
What does price go towards,
What are price takers
10  cards
Marketing Mix - Promotion
What is promotion,
What factors influence promotion,
What is the promotional mix
11  cards
Marketing Mix - Place
What is place,
What are the 3 channels,
What is a retailer
7  cards
Marketing Mix - People
Who are people,
How do they sell a physical good,
How do they provide a service
6  cards
Marketing Mix - Process
What is the process,
How can the process be improved,
Examples of this
4  cards
Marketing Mix - Physical Environment
What is the physical environment,
Why is the pe important,
What are some examples
5  cards
Digital Marketing and e-commerce
What is digital marketing,
What is m commerce,
What is e commerce
8  cards
SWOT
What is swot,
Why is a swot analysis carried out,
Disadvantages of swot
4  cards
Adressing short and long term performance
What measures may be assessed wit...,
What indicates a manager is short...,
Why is short term prevalent
8  cards
organic and inorganic growth
What is organic growth,
What is inorganic growth,
What are the benefits and drawbac...
4  cards
mergers, takeovers and joint ventures
What is a merger,
What is a takeover,
What is a joint venture
6  cards
franchising
What is franchising,
Examples,
Benefits
4  cards
diseconomies of scale
How does communication influence ...,
How do workers influence this,
What do managers need to do
6  cards
economies of scope
What is it,
Example,
Benefits to business
3  cards
Experience curve
What is it,
Consequences of this curve,
Criticisms of curve
5  cards
synergies
What is synergy,
What are the 2 sources of synergy,
What is cost savings
7  cards
Ansoff's matrix
What is ansoff s matrix,
What is market penetration,
W
5  cards
bowman's spinning clock
What is it
1  cards
correlation
What is correlation,
What is it used for,
What must you remember
3  cards
extrapolation, moving averages and confidence intervals
What is extrapolation,
What are moving averages,
What are confidence intervals
4  cards
financial objectives
What might some financial objecti...,
What are some internal influences...,
What are some external influences...
3  cards
HR objectives
What are some hr objectives,
What are some internal influences,
What are some external influences
3  cards
Tannenbaum and Schmidt Continuum
What is it,
What are the 4 categories,
What is the tell category
6  cards
blake mouton managerial grid
What is it,
What are the 5 categories,
What is impoverished manager
7  cards
Overtrading
What is it,
How can this be caused,
What are some potential issues
4  cards
Human Resource Flow
What are the 3 features of hr flow,
How do organisational needs impac...,
How do individual needs impact th...
34  cards
flexible working
What is flexible working,
What are some examples,
Benefits
5  cards
Greiner's model of growth
On what axis does this model,
How many phases,
How many crisis
10  cards
Bowman's Spinning Clock
How many positions on the clock,
What are the 8 positions,
What are the 2 axis of the clock
17  cards
Supply Chains
What is a supplier,
Why are suppliers important,
How do suppliers link to customer...
7  cards
Financial Ratios
How to calculate gross profit margin,
What might a low gross profit mar...,
How to calculate net profit margin
19  cards
Segmentation, targeting and positioning
What is market segmentation,
What are the 4 traditional ways o...,
What is a demographic segment
22  cards
Retrenchment
What is retrenchment,
What are some problems of retrenc...,
Describe freezing recruitment and...
6  cards
Legislation
What are some legislation acts fo...,
How does legislation impact busin...,
What does legislation do
22  cards
innovation
What is innovation,
What is invention,
What are the 2 types of innovation
9  cards
intrapenuership
What is intrapeneurship,
What is required for successful i...,
Examples
3  cards
benchmarking
What is benchmarking,
What does benchmarking involve,
Benefits of benchmarking
4  cards
Protecting intellectual property - patents
Why do businesses do this,
What is a trademark,
Example
8  cards
The Business Cycle
What are the 4 phases,
What are the main causes of chang...,
What are the stages of the cycle
10  cards
International markets
Why might a business move to an i...,
How does an international market ...,
How does a new market increase ma...
17  cards

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A-level Business

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Business A Level
  • 39 decks
  • 1027 flashcards
  • 19 learners
Decks: 242 Capacity Utilisation, 251 Economic Influences, 253 The Competitive Environment, And more!
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