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Bernie Lol
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Decks in this class (28)
1.4.1 Approaches to staffing
What does staff mean,
Staff as an asset value,
Staff as an asset developing staff
39
cards
1.4.2 Recruitment, Selection and Training
Recruitment,
Recruitment process introduction,
Recruitment costs advertising
14
cards
1.4.3 Organisational Design
Organisational design,
Hierarchy,
Chain of command
16
cards
1.4.4 Motivation in Theory Practice
Motivation,
The importance of employee motiva...,
Taylor scientific management
42
cards
1.4.5 Leadership
Leadership,
Management,
Types of leadership style
14
cards
1.5.1 and 1.5.2 Role of an Entreprenuer and Characteristic
Entrepreneur,
Setting up a business,
Setting up an online only business
23
cards
1.5.3 Business Objectives
Business objectives,
What is smart,
Survival as a business objective
24
cards
1.5.4 Forms of Business - legal structures
Business forms,
Limited liability,
Unlimited liability
21
cards
1.5.5 Business Choice
Opportunity cost,
What is the problem with opportun...,
Trade off
4
cards
1.5.6 Moving from an entreprenuer to a leader
Entrepreneur,
Leader,
Learning to delegate
12
cards
2.1.1 Internal Finance
Definition finance,
Reasons for raising finance,
Owners capital
13
cards
2.1.2 External Finace
Definition external finance,
The difference between a source o...,
Sources of finance
27
cards
2.1.3 Liability
Definition of limited liability,
Definition of unlimited liability,
Implications of unlimited liability
7
cards
2.1.4 Planning
What is a business plan,
Why does a business write a busin...,
What s included on a business plan
13
cards
2.2.1 Sales Forecasting
Definition sales forecast,
Purpose avoid cash flow problems,
Purpose frees up management time
14
cards
2.2.2 Sales Revenue And Costs
Sales volume formula,
Sales revenue formula,
Definition fixed costs
8
cards
2.2.3 Break Even
Definition break even,
Definition contribution,
Contribution formula
10
cards
2.2.4 Budegts
Definition budgets,
Purpose of budgets,
Purpose of budgets planning
16
cards
2.3.1 Profit
Definition profit,
Statement of comprehensive income,
Gross profit formula
11
cards
2.3.2 Liquidity
Definition liquidity,
Definiton statement of financial ...,
Measuring liquidity
10
cards
2.3.3 Business Failure
Definition business failure,
Internal causes of business failure,
Poor efficiency for an internal r...
10
cards
2.4.1 Production, Productivity And Effiency
Advantages and disadvantages of j...,
Advantages and disadvantages of b...,
What is the main features of a fl...
22
cards
2.4.2 Capacity Utillisation
Capacity utilisation formula,
Advantages and disadvantages of r...,
Advantages and disadvantages of o...
9
cards
2.4.3 Stock Control
What is stock,
What are factors affecting stock,
How does demand affect stock
32
cards
2.4.4 Quality Management
Quality,
Quality assurance,
Quality chains
27
cards
2.5.1 Economic Influences
Definition economic influence,
What is inflation,
What is consumer price index
26
cards
2.5.2 Legislation
Definition legislation,
What 5 categories does legislatio...,
Consumer protection law
19
cards
2.5.3 The Competitve Environment
Definition competition,
What are ways competition impacts...,
Nature of business ownership
9
cards
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A Level Business Year 12 From 1.3.5
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