This class was created by Brainscape user bethany loughead. Visit their profile to learn more about the creator.

Decks in this class (22)

1.1
What is a market,
What is market size,
What is market growth
44  cards
1.2
What is supply,
What goes on the x and y axis of ...,
Describe what a supply curve look...
36  cards
1.3
What is a good service,
What is the core product,
What is the actual product
42  cards
1.4
How are staff seen as a cost,
How are staff seen as an asset,
What is multi skilling and its ad...
65  cards
1.5
Define entrepreneur,
3 issues setting up a business,
4 issues expanding a business
22  cards
2.1
What are interest rates,
What is inflation,
How does an increase in inflation...
29  cards
2.2
Define production,
What is job production,
What is batch production
35  cards
2.3
Why do businesses need finance,
What are the 3 types of internal ...,
What are the advantages and disad...
34  cards
2.4
What is a business plan,
Why do businesses use a business ...,
What is cash flow forecast
10  cards
2.5
What is the margin of safety,
What are fixed costs,
What are variable costs
42  cards
3.1
What is a mission statement,
What does smart stand for,
What are the limitations of missi...
42  cards
3.2
What is liquidity,
What are the objectives of econom...,
What is purchasing in terms of ec...
38  cards
3.3
What is time series,
Why is time series useful,
Give some examples of time series
27  cards
3.4
What is short termism,
What causes short termism,
What are the advantages and disad...
21  cards
3.5
What is a profit and loss statement,
Why are profit and loss statement...,
What is sales revenue
45  cards
3.6
What internal factors could cause...,
What external factors could cause...,
What are the issues with changing...
8  cards
4.1
Define globalistation,
State 5 causes of globalisation,
Disadvantages of globalisation
45  cards
4.2
State 5 push factors,
State 5 pull factors,
What is offshoring
23  cards
4.3
What is global marketing,
What is ethnocentric marketing,
What are the advantages and disad...
26  cards
4.4
Define multinational,
What do multinationals bring to a...,
What are the characteristics of m...
19  cards
Paper 3
What is the size of the clothing ...,
What is the size of the clothing ...,
What are the global importers exp...
11  cards
equations
Labour productivity,
Capital productivity,
Capacity utilisation
26  cards

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Business

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