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Cameron Chauhan
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Decks in this class (28)
1.1.1- The Markets
Mass market,
Niche market,
Mass market pros and cons
11
cards
1.1.2- Market Research
Product orientation,
Market oreintation,
Why would a firm want to collect ...
5
cards
1.2.2- Supply
Supply,
Basic law of supply,
Causes of change in supply
4
cards
1.2.3- Markets
Factors effecting supply and demand
1
cards
1.3.4.- Distribution
Distribution channels,
Types of distribution channels,
Manufacturer consumer
8
cards
1.5.2- Entrepreneurial Motives and Characteristics
Definition of an entrepreneur,
Entrepreneurial characteristics,
Financial motives for starting a ...
8
cards
1.5.4- Forms of Business
Sole trader,
Partnership,
Private limited company
6
cards
4.1.2- International Trade and Growth
Imports,
Exports,
Specialisation
5
cards
4.1.3- Factors contributing to increased Globalisation
Drivers for international business,
Trade liberalisation,
Tariff
6
cards
4.1.5- Trading Blocs
Trading bloc,
Types of trading bloc,
General eu facts
7
cards
4.2.5- Global Competitiveness
Impact of exchange rates on inter...,
Effect of the exchange rate depen...,
Competitive advantage
5
cards
4.4.1- The Impact of MNCs
Multinational,
Are mncs good for poorer countries,
Why would mncs grow
6
cards
2.2.3- Break Even
Definition of break even,
Contribution formula,
Break even formula
5
cards
2.2.4- Budgets
Purpose of a budget,
Reasons for budgeting,
Zero based budgeting
5
cards
2.3.1- Profit
Gross profit margin formula,
Operating profit margin formula,
Types of profit
5
cards
2.3.2- Liquidity
Balance sheet,
Assets,
Liabilities
12
cards
2.4.2- Capacity Utilisation
Capacity utilisation,
Capacity utilisation formula,
Interpreting capacity utilisation
6
cards
3.1.4- Impact of External Influences
Pestle analysis,
Political,
Economic
8
cards
3.3.1- Quantitive Sales Forecasting
Limitations of quantitative sales...
1
cards
3.5.2- Ratio Analysis
Gearing ratio,
Capital employed,
Current ratio
6
cards
1.3.3- Pricing Strategies
Cost plus pricing,
Competitive pricing,
Skimming or creaming price
7
cards
1.4.2- Recruitment Selection and Training
Recruitment process,
Internal recruitment,
External recruitment
7
cards
2.5.1- Economic Influences
Inflation,
Consequences of changes in inflat...,
Exchange rate
11
cards
2.5.2- Legislation
Consumer protection legislation,
Data protection act,
Employee protection legislation
5
cards
2.5.3- The Competitive Environment
Competitive environment,
Nature of ownership,
Nature of product or service
6
cards
3.4.3- Stakeholders versus Shareholder
Stakeholder,
Internal stakeholders,
External stakeholders
5
cards
4.1.4- Protectionism
Tariffs,
Why might tariffs be imposed,
Tariffs adv dis
8
cards
4.2.3- Assessment of a country as a production location
Labour force,
Infrastructure,
Location in the trade bloc
7
cards
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