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business gcse unit 3

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

Decks in this class (20)

product life cycle
How does a product portfolio help,
Cash flow during the introduction...,
Cash flow in the growth phase
8  cards
Branding and differentation
Advantages of branded products,
Disadvantage of no brand,
Differentiating a product
4  cards
Successful marketing mix
Why are lower prices used for non...,
Elements of marketing mix,
Why is price important
5  cards
design and research development
The scientific research development,
What does the design mix consist of
2  cards
Managing stock
Benefits of holding stock,
Benefits of holding no stock,
What is quality control
10  cards
cost-effective operations and competitiveness
Productivity definition,
Productivity formular,
Methods of increasing output
4  cards
Effective customer service
Drawbacks of poor customer service
1  cards
customer protection laws
The sales of goods act,
The trade description act,
Drawbacks of customer protection ...
4  cards
improving cash flow
Financial management,
Improving cash flow,
Why is cash flow important
3  cards
improving profit
Techniques to raise revenue or cu...,
Formula for total revenue
2  cards
break-even charts
Total revenue formula,
Total cost formula,
Breakeven formula
7  cards
financing growth
Questions to consider with financ...
1  cards
organisational structure
Centralised,
Decentralised,
What happens as the business incr...
4  cards
motivation theory
Benefits of a motivated work force,
Maslows hierarchy of needs
2  cards
communication
Insufficient or excessive communi...,
The communication process,
Barriers to effective communication
4  cards
Renumeration
What is renumeration,
What is a freelance worker,
Blue collar
4  cards
ethics in business
What is a trade off,
Pros and cons of a business actin...,
Pressure groups
3  cards
Environmental effects
Short term effects on the environ...,
Long term effects on the environment,
How can a business reduce the env...
4  cards
economic issues affecting international trade
Developing countries and opportun...,
Policies affecting international ...,
What is a quota
3  cards
government and the EU
Eu regulations,
How can businesses avoid governme...,
Taxation examples of government t...
11  cards

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business gcse unit 3

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