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A-Level Business Studies Theme 1 (Paper 1 23rd May)

This class was created by Brainscape user Johnnie Cunningham-Flood. Visit their profile to learn more about the creator.

By: Johnnie Cunningham-Flood
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Decks in this class (20)

1.1.1 The Market
What is a mass market,
What is a niche market,
Define homogenous
11  cards
1.1.2 Market Research
What is product orientation,
When is product orientation appro...,
What is market orientation
15  cards
1.1.3 Market Positioning
What is added value,
How can we achieve added value,
What are the 4 methods of differe...
7  cards
1.3
What are 3 factors needed when de...,
What are aesthetics,
What are functions
89  cards
1.4.1 (Approaches To Staffing)
Define staff,
Define staffing,
How can staff be view as an asset
19  cards
1.4.2 Recruitment, Selection And Training
Define recruitment,
Why may buisnesses may need to fi...,
What are the 2 costs of recruitment
13  cards
1.4.3 Organisational Design
Define organisational design,
What is hierarchy,
What is the chain of command
14  cards
1.4.5 Leadership
Define leadership,
Define management,
What are the characteristics of a...
9  cards
1.2.1 Demand
Define demand,
How does price effect levels of d...,
What are the 10 non price factors...
4  cards
1.2.2 Supply
Define supply,
How does price effect supply,
What are the 5 non price factors ...
4  cards
1.2.3 Markets
What is market clearing price,
Define surplus,
Define shortage
3  cards
1.2.4 PED
What is ped,
What is the ped formula,
What is the change in price formula
6  cards
1.2.5 YED
What is the yed formula,
What does yed manage,
Change in quantity demanded
7  cards
1.4.4 Motivation In Theory And Practice
What is motivation,
What is the importance of employe...,
What are the characteristics of p...
13  cards
1.5.1 Role Of An Entrepreneur
What is an entrepreneur,
What are the 4 steps in setting u...,
What are the 3 main roles of an e...
9  cards
1.5.2 Characteristics Of An Entrepreneur
What are the characteristics of a...,
What are some skills entrepreneur...,
What are the reasons why people s...
4  cards
1.5.3 Business Objectives
Define business objectives,
What does smart stand for,
What is shrinkflation
10  cards
1.5.4 Forms Of Business - Legal Structures
What is a business form,
Define limited liability,
What is unlimited liability
9  cards
1.5.5 Business Choices
What is a trade off,
What is an opportunity cost,
What are the problems of opportun...
3  cards
1.5.6 Moving From An Entrepreneur To A Leader
What is an entrepreneur,
What is a leader,
What are the struggles entreprene...
7  cards

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A-Level Business Studies Theme 1 (Paper 1 23rd May)

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