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By:
Miri Westerman
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Decks in this class (44)
Formulas
Market share,
Market growth,
Sales growth
33
cards
Models, Concepts and Theories
Tannenbaum schmidt continuum,
Blake mouton grid,
Scientific decision making
36
cards
3.1.1 - what is business?
Why do businesses exist,
What s the difference between a b...,
What is the primary sector
14
cards
3.1.2 understanding different business forms
What is a sole trader,
What is a partnership,
What is a private limited company
9
cards
3.1.3 external environment
What external factors can affect ...
1
cards
3.2.1 understanding management, leadership and decision making
What is management,
What is leadership,
What are the roles of managers
11
cards
3.2.2 understanding management decision making
What is scientific decision making,
What is intuitive decision making,
What is a tactical decision
12
cards
3.2.3 understanding the role and importance of stakeholders
What is a stakeholder,
What is the difference between pr...,
What are the 6 main stakeholders
7
cards
3.3.1 setting marketing objectives
0
cards
3.3.2 understanding markets and customers
0
cards
3.4.1 setting operational objectives
What is operations management,
What are some decisions the opera...,
Operations decision making process
7
cards
3.4.2 analysing operational performance
Benefits of operations data,
What is labour productivity and i...,
What are unit costs and what is t...
5
cards
3.4.3 increasing efficiency and productivity
Methods of improving labour produ...,
Difficulties of increasing effici...,
What is lean production
10
cards
3.4.4 making operational decisions to improve performance quality
What is quality,
What is quality assurance,
Advantages of quality assurance
9
cards
3.4.5 inventory and supply
What are some examples of operati...,
What is inventory,
What is an inventory control char...
13
cards
3.5.1 setting financial objectives
0
cards
3.5.2 (1) budgets
What is a budget,
What is an expenditure budget,
What is a budget holder
17
cards
3.5.2 (2) cash flow
What is cash flow,
What are cash inflows,
What are cash outflows
26
cards
3.5.2 (3) break even
What is break even output,
How do you calculate break even,
What is contribution
7
cards
3.5.3 making financial decisions/sources of finance
0
cards
3.5.4 improving cash flow
0
cards
3.6.1 HR objectives and influences
0
cards
3.6.2 analysing HR performance
0
cards
3.6.3 HR design and flow
0
cards
3.6.4 making HR decisons
0
cards
3.6.5 improving employer/employee relations
0
cards
3.7.1 mission, corporate objectives and strategy
What is a mission statement,
What are corporate objectives,
What are strategic decisions
12
cards
3.7.2 financial ratio analysis
What are the two main financial r...,
What is an income statement,
What is profit quality
24
cards
3.7.3 analysing the existing internal position of a business
What are some examples of marketi...,
What are some examples of hr data,
What are some examples of financi...
10
cards
3.7.4 political and legal change
How does the uk government suppor...,
What is the role of a regulator,
What is infrastructure
8
cards
3.7.5 economic change
What is gdp,
Why is economic growth important ...,
What are the four stages of the b...
14
cards
3.7.6 Technological & Social Environment
Examples of social changes,
What is technological change,
What is a pressure group
5
cards
3.7.7 the competitive environment
What is the competitive structure...,
What are the 5 types of competiti...,
What is a monopoly
13
cards
3.7.8 Investment Appraisal
What is investment appraisal,
What is payback,
Advantages of payback
13
cards
3.8.1 strategic direction
What is strategic direction,
What is the ansoff matrix,
Describe the ansoff matrix
9
cards
3.8.2 choosing to compete
What is strategic positioning,
What is a competitive advantage,
Porters generic strategies
8
cards
3.9.1 assessing a change in scale
What is retrenchment,
How can retrenchment be achieved,
How did m s retrench
27
cards
3.9.2 assessing innovation
What is innovation,
What is intrapreneurship,
What is intellectual property
8
cards
3.9.3 assessing internationalisation
What is licensing,
What is internationalisation,
What is off shoring
21
cards
3.9.4 assessing use of digital tech
0
cards
3.10.1 managing change
What are the four main types of c...,
What is external change,
What is internal change
19
cards
3.10.2 managing culture
What is culture,
Handy s model of culture,
What is a power culture
17
cards
3.10.3
0
cards
3.10.4
0
cards
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