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chloe holt
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Decks in this class (20)
LO2:Functions of a business
Finance,
Marketing,
Sales
19
cards
LO2:Ownership types
What is a sole trader,
Advantages of a sole trader,
Disadvantageous of a sole trader
23
cards
LO1: sectors
What three business sectors are t...,
What is the primary sector,
What is the secondary sector
8
cards
LO1: sectors of the economy
What three sectors are there in t...,
What is the private sector,
What is the public sector
7
cards
LO1:legal structures
What are the two types of legal s...,
What is incorporated legal struct...,
What is unincorporated legal stru...
3
cards
LO1:sole trader
What is a sole trader,
Examples of a sole trader,
What is unlimited liabillity
5
cards
LO1: unincorporated associations
What is an unincorporated associa...,
What is an example of an unincorp...,
Advantages of unincorporated asso...
4
cards
LO1: business activity
What are the three business sectors,
What is the primary sector,
What is the secondary sector
7
cards
LO1: businesses aims and objectives
What is a business aim,
What is a business objective,
What are the 5 aims and objectives
5
cards
LO1: partnerships
What is a partnership,
What is the deed of partnership,
What does a deed of partnership n...
8
cards
LO1: limited companies
What is limited company,
What is the article of association,
What is memorandum of assocation
6
cards
LO1: private limited companies
What is a private limited companies,
What is limited liability,
What are the advantages of ltds 6
4
cards
LO1:state owned businesses
What is a public sector organisation,
What are the two types of public ...,
Wat are public corporations
10
cards
LO3: different organisational structures
What is an organisational structure,
What three ways can organisation ...,
What is a functional approach
8
cards
LO4: essential financial terms
What are fixed costs,
Can fix costs change and if they ...,
Examples of fixed costs 3
6
cards
LO3:elements of organisational structures
0
cards
LO3:the impact of structure on a business
What is delegation,
Can delegation be done by anyone,
Advantages of delegation
12
cards
LO3:using organisational charts
0
cards
LO4:Breakeven
Break even output formula,
What is contribution,
Contribution per unit formula
3
cards
LO4:essential financial terms
0
cards
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Business
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