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

Decks in this class (19)

Unit 2
Define delegation,
Define abdication,
Define consultation
57  cards
Unit 3
What are marketing objectives,
Examples of marketing objectives,
What is sales growth
94  cards
Unit 4 (operations)
What is added value,
What is labour intensive,
What is capital intensive
73  cards
5.1 Setting Financial Objectives
What do revenue objectives aim to do,
What do cost objectives aim to do,
Define profit objectives
16  cards
1.2 Different Business Forms
Define sole trader,
What are the advantages of sole t...,
What are the disadvantages of a s...
21  cards
1.1 Purpose Of A Business
Define mission statement,
Define objective,
Define goods
17  cards
1.3 External Environment
Name the pestle factors,
How may competition affect costs ...,
How may market conditions affect ...
7  cards
5.2 Analysing Financial Performance
What is a budget,
How to calculate profit budget,
Why are budgets often calculated ...
23  cards
5.3 Sources Of Finance
Name 2 internal sources of finance,
Define retained profit,
Is retained profit best for short...
18  cards
5.4 Making Financial Decisions
When do cash flow problems occur,
Define cash flow,
How can overtrading cause cash fl...
9  cards
6.1 Setting HR Objectives
What is hr management,
What are hr objectives,
Name some common hr objectives
12  cards
6.2 Analysing HR Performance
What is labour turnover,
How to calculate labour turnover,
What is labour productivity
17  cards
6.3 Improving Org Design And Managing HR Flow
What is the hr flow,
What influences the structure of ...,
What does the organisational stru...
23  cards
6.5 Employer-Employee Relations.
What is employee representation,
What are the benefits of employee...,
What are the drawbacks of employe...
14  cards
6.4 Motivation And Engagement
What are the advanatages of train...,
What are the advantages of traini...,
Briefly describe taylor s scienti...
13  cards
9.1 Asessing A Change In Scale
What is organic growth,
Why do business grow organically,
What is external growth
36  cards
9.2 Assessing Innovation
0  cards
9.3 Internationalisation
What are the main methods of ente...,
Why may a business choose to expo...,
Why may a business choose to sell...
24  cards
9.4 Assessing Use Of Digital Technology.
Why do businesses feel pressure t...,
Define e commerce,
Name 3 benefits of using e commerce
20  cards

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Business

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