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Sofía Vilanova
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Decks in this class (25)
KEY TERMS
Chain of command,
Delegation,
Span of control
55
cards
PRICING STRATEGIES
Princing strategies,
Meaning penetration pricing,
Adv dis of penetration pricing
13
cards
SOURCES OF FINANCE
Internal sources of finance,
External sources of finance,
Retained profit
13
cards
FINANACE FORMULAS
Net cash flow,
Total costs,
Average costs
16
cards
CHAPTER 1 - What is a business?
Business definition,
Private sector organisation,
Public sector organisation
8
cards
CHAPTER 2 - Business objectives
Business objectives,
Financial objectives,
Non financial objectives
7
cards
CHAPTER 3 - Business Ownership
Sole trader,
Advantages of a sole trader,
Disadvantages of a sole trader
12
cards
CHAPTER 4 - Limited companies and Multinationals
Features of limited companies,
Forming limited companies,
Features of private limited compa...
9
cards
CHAPTER 5 - Public Corporations
Features of public corporations,
Reasons for the public ownership ...,
Reasons against the public owners...
5
cards
CHAPTER 6 - Appropiateness of Different Forms of Ownership
Factors which affect this,
Small sole traders objectives and...,
Family businesses and other mediu...
4
cards
CHAPTER 7 - Classification of Businesses
Primary sector,
Secondary sector,
Tertiary sector
5
cards
CHAPTER 8 - Decisions on Location
Factors influencing location,
The nature of business activity,
Legal controls and trade blocs in...
3
cards
CHAPTER 9 - Globalisation
Cincept of globalisation,
2 concept of globalisation,
3 concept of globalisation
9
cards
CHAPTER 10 - The importance and Growth of Multinational Companies
How have multinationals developed,
Benefits of becoming a multinational,
Benefits of a multinational to a ...
4
cards
CHAPTER 11 - International Trade
International trade,
Visible amd invisible trade,
What is an exchange rate
7
cards
CHAPTER 12 - Government Objectives and Policies
Fiscal policy taxation,
Types of taxes,
Income tax
8
cards
CHAPTER 13 - External Factors
Social,
Technology,
Environment
4
cards
CHAPTER 14 - Measuring Succes in Businesses
Measures of succes,
Revenue,
Market share
8
cards
CHAPTER 15 - Reasons for Business Failure
Cash flow problems,
Lack of finance,
Not competitive
8
cards
CHAPTER 16 - The Importance of Good Communication in Business
What is communication,
Communication channels,
Downward communication
14
cards
CHAPTER 17 - Barriers to Communication in Business
Barriers to communication,
The problems of ineffective commu...,
How can barriers to communication...
3
cards
CHAPTER 18 - Recruitment and Selection
Types of employment,
Full time employment,
Part time employment
17
cards
CHAPTER 19 - Legal Controls Over Employment
What are equals opportunities,
Gender,
Race and religion
8
cards
CHAPTER 20 - Training
Induction training,
On the job training,
Off the job training
9
cards
ADVANTAGES AND DISADVANTAGES
Advantages of a sole trader,
Disadvantages of a sole trader,
Advantages of a partnership
19
cards
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BUSINESS
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