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Ted Scott
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Decks in this class (30)
1.1.1 - The Market
Consumer goods markets,
Markets for services,
Housing market
74
cards
Sources of finance
Sources of finance must be,
Importantly it must not leave the...,
What are the 5 long term sources ...
17
cards
Retained profits
Cheap though not free,
Cost is opportunity cost for shar...,
Very flexible management control ...
10
cards
Short-term
What are the 4 short term sources...,
What are the 4 medium term source...
2
cards
Bank Overdraft vs Bank Loan
What are the 3 advantages of a ba...,
What are the 3 disadvantages of b...
2
cards
Bank Loan
Advantage of bank loan,
Disadvantages of bank loan
2
cards
Pricing strategies
What is the aim of predatory dest...,
How do businesses predatory destr...,
What does illegal predatory destr...
14
cards
Theme 1 Formulae
Market share,
Ped,
Yed
3
cards
Theme 2 Formulae
Net cash flow,
Sales volume,
Sales revenue
6
cards
1.1.1 The Market (2)
Brand name,
E commerce,
Market share
5
cards
Product Life Cycle
First stage of product life cycle,
Second stage of product life cycle,
Third stage of product life cycle
9
cards
Cash Flow Forecasts
Opening balance,
How can profitable businesses sti...,
List two ways to improve cash flow 2
3
cards
Capacity utilsation
Define capacity utilisation,
Define excess surplus capacity
2
cards
Planning & Cash Flow
A suitable business plan,
Repeat
2
cards
Price elasticity of demand (PED)
Ped formula,
Price inelastic,
Price elastic
4
cards
Profit
Gross profit formula,
Gross profit explained,
Operating profit
6
cards
Methods of Finance for Limited Liability
Limited liability,
Share capital,
Why is share capital suitable for...
8
cards
Boston Matrix
Problem with boston matrix,
Stars,
Cows
6
cards
Liquidity
Formula linking assets capital an...,
Current ratio formula,
Net assets
14
cards
Profit formulae
Gross profit formula,
Operating profit formula,
Net profit profit for the year
3
cards
61 Ratio Analysis
Calculate Gearing ratio & ROCE
Interpret ratios to make business decisions
Limitationd of ratio analysis
6
cards
53 Investment appraisal
Payback period calculation,
Average accounting rate of return...
2
cards
Decision trees
Decision tree 1st advantage,
Decision tree 2nd advantage,
Decision trees risk recognising a...
6
cards
Business culture
Power culture,
Task culture,
Role culture
5
cards
Business pre-mock
Factors affecting corporate strategy,
Ansoff s matrix risk increases,
Market penetration
8
cards
Profit 2.0
Gross profit,
Operating profit,
Net profit profit for the year
3
cards
Glocalisation
Glocalisation,
Ethnocentric approach,
Polycentric
8
cards
Global marketing
Domestic ethnocentric,
Mixed geocentric,
International polycentric
3
cards
Paper 2
What is the formula for gross profit,
What are costs of sales,
What is the formula for operating...
64
cards
Business Paper 3
What is cost plus pricing,
What is price skimming,
For which type of product is pric...
30
cards
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A-level Edexcel Business
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