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Mark M
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Decks in this class (37)
Business plans
What is a business plan 1,
Why is a business plan needed 2,
What are the 5 components of a bu...
5
cards
Market sectors
What are the 2 sectors of the eco...,
What are the characteristics of t...,
What are the characteristics of t...
9
cards
Market segmentation
What is market segmentation 1,
What are the 3 types of segmentat...,
Describe demographic segmentation 3
7
cards
Market research and sampling
Define market research 1,
What s the difference between pri...,
Pros and cons of primary research...
10
cards
Business structure
What are the 2 type of businesses...,
What are the 4 classes of busines...,
What s the difference between an ...
17
cards
Business location
What are the 8 factors that affec...,
How does cost affect business loc...,
How does target market affect bus...
9
cards
Business Finance
What is the definition of finance...,
Why would a business need finance...,
What are the 2 types of finance a...
6
cards
Break even analysis
Define breakeven 1,
What is a fixed cost 2,
What is a variable cost 3
14
cards
Market types of competition
What are the 4 types of markets i...,
What are the characteristics of a...,
What are the characteristics of a...
4
cards
New technology
Define technological change 1,
What are some examples of new tec...,
What are the roles of robots in b...
9
cards
Marketing
What is marketing 1,
What does marketing involve 2,
What are the marketing objectives 3
15
cards
Pricing
What is price 1,
Why is pricing important 2,
What are some of the factors that...
19
cards
Product
What is the product 1,
What are the ways to differentiat...,
What is a brand 3
6
cards
Place
What is place 1,
Why is place important in marketi...,
What is distribution 3
13
cards
Promotion
What is promotion 1,
What is promotion s place in the ...,
What is the purpose of promotion 3
11
cards
Economies of scale
What are economies of scale 1,
What are internal eos 2,
List the internal eos 3
9
cards
Research and Development
What is r d 1,
What is innovation 2,
What is invention 3
6
cards
Purchasing and Inventory control
What is stock 1,
What are the types of stock 2,
Why do businesses hold stock 3
11
cards
Quality
How can we define quality 1,
What are the benefits of having g...,
What are the 2 quality control me...
3
cards
Lean production
What is lean production 1,
What are the types of waste in pr...,
What are the components of lean p...
12
cards
Productivity
What is productivity 1,
What are the ways to measure prod...,
How do we calculate labour produc...
9
cards
Production
What are the 3 types of production 1,
What is job production 2,
What is batch production 3
5
cards
Employer/ee relations
What are rights 1,
What are the employees duties 2,
What are some expectations employ...
8
cards
Leadership and Management
What is management by objectives 1,
What are some pros of mbo 2,
What are some cons of mbo 3
11
cards
Motivation Theories
Define motivation 1,
Why is motivation important 2,
Explain fw taylor s motivation th...
7
cards
Organisational design
What is organisational design 1,
What is the organisational layout 2,
What are the horizontal lines cal...
7
cards
Workforce performance
What are the ways to measure work...,
Explain labour turnover 2,
Explain labour productivity 3
4
cards
Appraisal
What is appraisal 1,
What are the types of appraisal 2,
What are the key parts of apprais...
5
cards
Training
What is training of workforce 1,
Why do businesses train 2,
What are the types of training 3
9
cards
Recruitment
What are some possible reasons fo...,
What is the recruitment process 2,
What are the pros and cons of int...
4
cards
Workforce planning
What is workforce planning 1,
What are the internal factors tha...,
What are the external factors tha...
9
cards
Flexible workforce
What are examples of a flexible w...,
Explain temporary workers 2,
Explain hot desking 3
3
cards
Profit Margins
How do we calculate gross and net...,
What are the good levels for net ...
2
cards
Income statements
What does the income statement te...,
How do you calculate gross profit 2,
How to calculate cost of sales 3
6
cards
Cash flow
What is a cash flow statement 1,
What is a cash flow forecast 2,
Explain the balances on the cash ...
5
cards
Business Finance
What is the definition of finance...,
Why would a business need finance...,
What are the 2 types of finance a...
6
cards
Budgeting
Define budget 1,
What is the difference between th...,
What needs to be considered befor...
7
cards
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Business Comp 1
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