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Emilia Karalius
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Decks in this class (45)
1.1 - What is a business?
A decision-making organisation
24
cards
1.2 - Types of business entities
Cooperatives,
Company,
Ipo
17
cards
1.3 - Business objectives
Corporate social responsibility csr,
Ethical code of practice,
Ethics
10
cards
1.4 - Stakeholders
Conflict,
Customers,
Directors
16
cards
The Ansoff Matrix
The ansoff matrix 1957,
Diversification,
A holding company or parent company
6
cards
1.5 - Growth and Evolution
Vertical integration,
Average cost,
Backward vertical integration
32
cards
1.6 - Multinational companies (MNCs)
Gross domestic product gdp,
A host country,
Multinational company mnc
4
cards
Decision trees - Business management toolkit
Chance nodes,
Decision nodes,
Decision trees
5
cards
3.1 - introduction to finance
Capital expenditure,
Collateral,
Fixed assets or non current assets
4
cards
3.2 - Sources of finance
Business angels,
Crowdfunding,
External sources of finance
19
cards
3.3 - Costs and revenues
Average cost ac,
Average revenue ar,
Cost
15
cards
3.4 Final accounts
Balance sheet,
Book value,
Cost of sales cos
24
cards
3.5 Profitability and liquidity ratio analysis
The acid test ratio quick ratio,
Capital employed,
Current ratio
11
cards
3.6 - Efficiency Ratio analysis
Credit control,
Bankruptcy,
Creditor days ratio
10
cards
3.7 Cash flow
Bad debts,
Cash,
Cash flow
14
cards
3.8 - Investment Appraisal
The average rate of return arr,
The cumulative net cash flow,
A discount factor
11
cards
3.9 Budgeting
Adverse variances,
Budget,
Budgetary control
8
cards
Break-even analysis
Break even analysis,
Break even chart,
Break even point
13
cards
4.1 Intro to Marketing
Concentration ratio,
Ethical code of practice,
Market concentration
14
cards
4.1 key terms
Revision for minor (5th Feb 2024)
10
cards
4.2 - Marketing planning
Consumer profiles,
Differentiation,
Market segmentation
17
cards
4.3 - Sales Forecasting
Correlation,
Extrapolation,
The line of best fit
8
cards
4.4 - Market Research
Academic journals,
Ad hoc market research,
Continuous market research
23
cards
4.5(a) - Product
The seven Ps of the marketing mix -
28
cards
4.5(b) - Price
The seven Ps of the marketing mix
13
cards
4.5(c) Promotion
The seven Ps of the marketing mix
23
cards
4.5(d) - Place
The seven Ps of the marketing mix
13
cards
4.5(e) - People
The seven Ps of the marketing mix
4
cards
4.5(f) - Processes
The seven Ps of the marketing mix
7
cards
4.5(g) - Physical evidence
The seven Ps of the marketing mix
2
cards
4.6 - International marketing
Business etiquette,
Demographics,
Globalisation
11
cards
BCG Matrix
Important - turns up in almost every exam!
5
cards
5.8 Key terms
(for minor)
14
cards
5.3 key terms
for minor (HL week)
16
cards
Key terms minor - unit 2.1
Flexitime,
Gig economy,
Human resource planning
5
cards
Unit 2.1: Introduction to HRM
Introduction to HRM
21
cards
Unit 2.2: Organisational structures
Organisational structures
27
cards
Unit 2.3 Leadership and management
Leadership and management
13
cards
Unit 2.4: Motivation
Motivation and Demotivation
57
cards
Unit 2.5: Organisational Culture
Organisational Culture
20
cards
Unit 5.1 - Introduction to operations management
Adding value,
Capital,
Capital intensive
12
cards
Unit 5.2 - Operations methods
Batch production,
Job production,
Mass customisation
5
cards
Unit 5.3: Lean Production and Quality Management
HL only
15
cards
Unit 5.4: Location
Assisted areas or enterprise zones,
Bulk increasing industries,
Bulk reducing industries
13
cards
Unit 5.6: Production planning
Buffer stock,
Capacity utilisation,
Capital productivity
28
cards
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Business management HL
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