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Decks in this class (34)
Understanding Business
Capital 1,
Enterprise 2,
Land 3
37
cards
Methods of growth
Internal growth examples 1,
Advantages to internal growth 2,
Disadvantages of internal growth 3
28
cards
External and internal factors
Explain the advantages of politic...,
Explain the disadvantages of poli...,
Explain the advantages of economi...
12
cards
Ownership, control and finance
Describe the ownership control an...,
Describe the ownership control an...,
Describe ownership control and fi...
8
cards
Internal structures
Describe tall structure 1,
Describe the adavantages of tall ...,
Describe the disadvantages of tal...
24
cards
Organisational groupings
Describe functional grouping 1,
Describe the advantages of functi...,
Describe the disadvantages of fun...
15
cards
Decision making
Describe strategic decisions 1,
Describe tactical decisions 2,
Describe operational decisions 3
18
cards
Stakeholder Interdependence
Employee and manager 1,
Owners and employees 2,
Customers and employees 3
6
cards
Stakeholder Conflicts
Employee and managers 1,
Owners and local community 2,
Owners and suppliers 3
6
cards
The marketing mix- product
What is a product 1,
What does product cover 2,
What is a product portfolio 3
16
cards
The marketing mix- Price
Describe the cos plus pricing str...,
Justify cost plus pricing strategy 2,
Describe penetration pricing stra...
27
cards
The marketing mix- promotion
What is promotion 1,
What are the three main aims of p...,
What are the three main types of ...
18
cards
The marketing mix- Place
What is place 1,
How does a business chose their c...,
What is a wholesaler 3
19
cards
Physical evidence, people, process
Describe physical evidence 1,
Describe people 2,
Describe process 2
8
cards
Market research
What is market research 1,
Why conduct market research 2,
Describe random individuals sampl...
13
cards
Field Research
Describe a personal interview 1,
Advantages to personal interview 2,
Disadvantages to personal intervi...
33
cards
Operations- inventory control
What is operations 1,
What would be taken into consider...,
Describe inventory control 3
23
cards
Quality
Describe quality control 1,
Describe quaity assurance 2,
Describe quality management 3
10
cards
Methods of production
What is methods of production 1,
Describe job production 2,
Describe batch production 3
15
cards
Technology in operations
How can epos be used in operations 1,
How can email be used in operatio...,
How can website be used in operat...
9
cards
Finance
Describe an income statement 1,
Describe a statement of financial...,
How can a business reduce their c...
16
cards
Sources of finance
Describe a bank loan 1,
Advantages of a bank loan 2,
Disadvantages of bank loan 3
42
cards
ICT in the finance department
Online banking 1,
Powerpoint 2,
Word 3
10
cards
Ratio analysis
What can a decrease in profit for...,
What can an increase in the profi...,
What can a decrease in gross prof...
14
cards
Recruitment
What is recruitment 1,
Describe the recruitment process ...,
What is internal recruitment 3
14
cards
Selection
Describe the selection process 1,
Describe aptitude tests 2,
Describe psychometric tests 2
14
cards
Employment Legislation
Describe the national living wage...,
Describe the equality act 2010 2,
Describe the employment rights ac...
7
cards
Appraisal
Describe a formal appraisal 1,
Describe an informal appraisal 2,
Describe one to one formal apprai...
7
cards
Leadership
Describe autocratic leadership 1,
Describe democratic leadership 2,
Describe laissez faire leadership 3
3
cards
Motivation strategies and theories
Describe motivation strategies 1,
Details of maslow motivation theo...,
Details of hertzberg motivation t...
3
cards
Training
Describe induction training 1,
Describe on the job training 2,
Describe off the job training 3
13
cards
HRM
Word 1,
Email 2,
Website 3
7
cards
Employee relations
Describe strike industrial action 1,
Describe work to rule 2,
Describe sit in 3
12
cards
Employee relations organisation
Describe acas 1,
Describe the main services of acas 2,
Describe trade unions 3
14
cards
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