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Martha Hodges
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Decks in this class (29)
business in the real world - purpose and nature of businesses
What is a business,
What are the two types of products,
What is a good
24
cards
business in the real world - business ownership
0
cards
business in the real world - aims and objectives
0
cards
business in the real world - stakeholders
0
cards
business in the real world - business location
What are the 5 factors which infl...,
What does proximity to the market...,
Why might a tertiary sector busin...
12
cards
business in the real world - business planning
0
cards
business in the real world - expanding a business
What are the two types of expansion,
What is internal expansion,
What is external expansion
39
cards
influences on business - technology
Give 2 ways in which improvements...,
Give a difficulty a business may ...,
What does cad cam stand for and w...
16
cards
influences on business - ethical and environmental considerations
0
cards
influences on business - economic climate
0
cards
influences on business - globalisation
0
cards
influences on business - legislation
What is employment law,
What are the two aspects of emplo...,
When was the equality act introduced
22
cards
influences on business - competitive environment
0
cards
operations - production processes
What is production,
What are the two methods of produ...,
What is job production
19
cards
operations - the role of procurement
What are the 2 methods of stock c...,
What does jit stand for,
What does jic stand for
26
cards
operations - concept of quality
0
cards
operations - good customer services
0
cards
human resources - organisational structures
0
cards
human resources - recruitment and selection
0
cards
human resources - motivating employees
0
cards
human resources - training
What is training,
Give 2 benefits of training,
What are the 3 methods of training
14
cards
marketing - identifying and understanding customers
What is marketing,
Give 3 reasons why identifying cu...,
Why is it important for a busines...
7
cards
marketing - segmentation
Why do businesses segment the market,
What are the 4 ways in which a ma...,
What do customers in each segment...
10
cards
marketing - market research
0
cards
marketing - marketing mix (four p's)
What is the marketing mix,
What are the 4 elements of he mar...,
What is price
24
cards
finance - sources of finance
Give 2 reasons why firms need fin...,
What is a government grant,
Is a government grant an internal...
48
cards
finance - cash flow
What is cash,
What is profit,
What is cash flow
19
cards
finance - financial terms and calculations
What are costs,
What are fixed costs,
What are variable costs
21
cards
finance - analysing the financial performance of a business
What is sales revenue,
What is cost of sales,
What is the formula for gross profit
45
cards
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business
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