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Business BTEC level 3 - Unit 7

This class was created by Brainscape user Ellie Nicolaou 12. Visit their profile to learn more about the creator.

By: Ellie Nicolaou 12
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Decks in this class (19)

Business ideas
Where do business ideas come from 1,
What does developing business con...
2  cards
Business purpose and structure
Define business aims and objectiv...,
Define the term business structur...,
What are the reasons a business m...
5  cards
Data collection
Explain the term primary research 1,
Explain the term secondary resear...,
What is storage of information re...
4  cards
Business models for decision making
Define the term porters 5 forces 1,
What is an ansoff matrix 1,
What are the 5c s 2
4  cards
Techniques to analyse data effectively
What are the key maths terms 1,
How to calculate using raw data 2,
What is the typical use of statis...
3  cards
Formats for decision making
What types of graphs can be used ...,
What is the use of presentation a...
2  cards
Software generated information for decision making in a business
Define management information sys...,
Define project management 2,
Define a critical path analysis a...
4  cards
Types of research
0  cards
Competitor analysis
What is the importance of a compe...,
What is the effect of competitor ...
2  cards
Legislation
Define legislation 1,
What does the health and safety a...,
What is the data protection act 3
5  cards
Quality issues
Define quality control give examp...,
Define quality assurance give exa...,
Define benchmarking give examples...
6  cards
Human resources
What is the role of hr 1,
What are staffing needs 2,
Explain the difference between a ...
5  cards
Physical resources
What are physical resources 1,
What are premise purchase rent de...,
What equipment may a business req...
5  cards
Financial resources
Define hire purchase advantages a...,
Define share capital advantages a...,
Define invoice discount factoring...
11  cards
Sales forecast
Define a sales forecast advantage...
1  cards
Cash-flow forecast
What is a cash flow forecast 1,
What is the meaning of cash inflo...,
How to calculate closing balance ...
3  cards
Break-even
What is break even formula 1,
What is margin of safety formula 2,
What is contribution per unit ben...
6  cards
Income statements
Blank 1
1  cards
Statements of financial position
0  cards

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Business BTEC level 3 - Unit 7

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