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Justin George
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Decks in this class (27)
Unit 1.1 - Business activity
Define goods,
Define services,
Define wants
10
cards
Unit 1.2 - Business ownership
Define sole trader,
Sole trader benefits 3,
Sole trader costs 3
15
cards
Unit 1.3 - Business aims and objectives
Name the different business objec...,
Difference between an aim and an ...,
Influences on type of objectives 3
5
cards
Unit 1.4 - Stakeholders
Main stakeholder groups 6,
Internal stakeholders,
External stakeholders
9
cards
Unit 1.5 - Business location
Main locational factors 5,
Importance of raw materials locat...,
Importance of labour supply on lo...
6
cards
Unit 1.6 - Business planning
Purpose of a business plan 5,
Main sections of a business plan 7,
Issues of a business plan 4
3
cards
Unit 1.7 - Expanding a business
Internal business growth 5,
Benefits of internal growth 3,
Costs of internal growth 2
16
cards
Unit 2.1 - Technology
Technology has changed the way bu...,
Define e commerce,
Benefits of e commerce 3
5
cards
Unit 2.2 - Ethical and environmental considerations
Define ethics,
Businesses behave ethically 6,
Benefits of behaving ethically 3
8
cards
Unit 2.3 - Economic climate of a business
Define economy,
Define economic climate 4,
Improving economic climate 4
11
cards
Unit 2.4 - Globalisation
Define globalisation,
Benefits of globalisation 4,
Drawbacks of globalisation 3
7
cards
Unit 2.5 - Legislation
Covered under employment law 6,
Covered under health and safety l...,
Covered under consumer law 3
3
cards
Unit 2.6 - Competitive environment
Define market,
Define perfect competition,
Define oligopoly
9
cards
Unit 3.1 - Production methods
Define job production,
Define flow production,
Define lean production
14
cards
Unit 3.2 - The role of procurement
Define supply chain,
Factors that influence which supp...,
Define procurement
6
cards
Unit 3.3 - The concept of quality
Define quality,
Benefits of maintaining quality 3,
Costs of maintaining quality 2
8
cards
Unit 3.4 - Good customer service
Customer service opportunities th...,
Excellent customer service methods 3,
Digital customer service methods 3
5
cards
Unit 4.1 - Organisational structures
Define span of control,
Define hierarchy,
Define chain of command
26
cards
Unit 4.2 - Recruitment and selection
Define job description,
Define person specification,
Define internal recruitment
18
cards
Unit 4.3 - Motivation
Reasons for motivated staff 5,
Define financial motivation,
Describe the different types of m...
7
cards
Unit 4.4 - Training
Describe the different training t...,
Benefits of induction training 4,
Benefits of on the job training 2
8
cards
Unit 5.1 - Marketing
Define market size,
Define market share,
Define segmentation
12
cards
Unit 5.2 - Marketing mix
Difference between product range ...,
Different categories of the produ...,
Different extension strategies 5
22
cards
Unit 6.1 - Sources of finance
Name reasons that firms need fina...,
Benefits of a government grant 2,
Costs of a government grant 3
24
cards
Unit 6.2 - Cash flow
Define cash,
Define cash flow,
Define net cash flow
12
cards
Unit 6.3 - Financial terms and calculations
Business investments 6,
Average rate of return arr formula 2,
Break even formula 2
6
cards
Unit 6.4 - Analysing the financial performance of a business
Define income statement,
Different profits 3,
Profit formula 3
19
cards
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AQA GCSE 9-1
- Class purpose General learning
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