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Business studies

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

By: Harriet Lahey
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Decks in this class (13)

Role of business: Business functions
Terms, functions and definitions learned in the first topic of the role of a business.
11  cards
Role of business: Nature of business
Business profit,
Business employment,
Business income
9  cards
Role of business: Types of payments
Wage,
Salary,
Bonuses
7  cards
Classifying business: Size
How to determine whether a busine...,
How many employees does a small b...,
How many employees does a medium ...
11  cards
Classifying a business: geographical spread
What is geographical spread,
What are the geographical classif...,
What is a local business
6  cards
Classifying a business: Industries
What is an industry sector,
What is the primary industry,
What is the importance of the pri...
9  cards
Classifying a business: Legal structures, ways in which a business can be classified
What is a sole trader,
Advantages of a soul trader,
Disadvantages of a sole trader
19  cards
Classifying a business: Factors affecting choice of legal structure
What are the factors that affect ...,
How does size affect the legal st...,
How does ownership affect legal s...
3  cards
Influences in the business environment: external influences
What are influences in the busine...,
What are the external influences ...,
What are economic influences
13  cards
influences in the business environment: internal influences
What is the internal environment,
What are the 5 internal influences,
What are product influences
11  cards
Influences in the business environment: Stakeholders
What are stakeholders,
What are the main stakeholders in...,
How are customers stakeholders
8  cards
Business life cycle: growth and decline
What are the 4 stages of the busi...,
What is the establishment phase,
What is the growth phase
9  cards
Voluntary and Involuntary cessation
How does liquidation occur,
What is receivership,
What is voluntary cessation
11  cards

More about
Business studies

  • Class purpose General learning

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