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

Decks in this class (40)

1:1 Entrepreneurs
What are some characteristics of ...,
What does it mean to be enterprising,
What is an entrepreneur
6  cards
1:2 Business Resources
What is meant be land,
What is meant by labour,
What is meant by labour
5  cards
1:3 Business Ownership
Why do businesses start,
How do businesses start,
List the different sizes of busin...
4  cards
Sole Traders, Partnerships
What liability do sole traders an...,
How many owners are in a sole tra...,
What s the source of finance for ...
7  cards
Private and Public Limited Company
What type of liability do public ...,
How many owners are in a private ...,
How many owners are there in a pu...
8  cards
Franchise
What s the liability and amount o...,
What s the source of finance for ...,
What are the advantages of franch...
4  cards
1:4 Public Sector Ownership
What does public sector ownership...,
What is a public sector corporation,
Why does the government nationali...
8  cards
Municipal Undertaking and Social Enterprise
What is a municipal undertaking,
What is a municipal undertaking,
What is a social enterprise
4  cards
1:5 Business Location
Explain the seven influences on t...
1  cards
1:6 Business Aims and Objectives
Describe survival profit and turn...,
Describe corporate image concern ...,
How can businesses aims be in con...
7  cards
1:7 Stakeholders
What s a stakeholder,
What interests do owners and shar...,
What interests do directors and m...
5  cards
2:1 Marketing & Market Research
Explain the term marketing,
Explain the purpose of market res...,
Why perform market research
9  cards
2:1 Sampling
What is sampling,
Random sampling,
Quota sampling
3  cards
2:1 Market segmentation
Market segmentation,
Identify how markets are commonly...,
What is qualitative data
4  cards
2:2 Marketing Mix - Price
Marketing mix,
Name the four p s,
Skimming
6  cards
2:2 Factors that affect price
Factors that affect price
1  cards
2:3 - Product
What is a product,
What is the product life cycle,
Explain the introduction stage
5  cards
Consumer Rights & Protection Acts
Consumer rights act,
Consumer protection act
2  cards
2:4 - Promotion
What is promotion,
List the four methods of promotion,
What is advertising
4  cards
Sponsorships
What is a sponsorship
1  cards
ASA & OfCom
What is the asa,
What is ofcom
2  cards
2:5 - Place
What is the channel of distribution,
What are the four main parties in...,
Name all three channels of distri...
6  cards
2.6 - Competition & Customer Service
What is competition,
What benefits come with competition,
Explain the four strategies to ma...
4  cards
2.7- International Trade
What is international trade,
Advantages of international trade,
Disadvantages of international trade
3  cards
2.7c- Implications of the global market for businesses locally
Explain the main implications of ...
1  cards
2.7- The role of the EU
What is the role of the eu,
What is the single market,
What are the three freedoms of th...
3  cards
2-8 E-Business
What is e business,
List three disadvantages advantag...,
List three disadvantages advantag...
3  cards
2.9- M-Business
What is m business,
Three advantages and disadvantage...
2  cards
3:1- Types of Production
What is meant by production,
Explain the three types of produc...,
What is the chain of production
5  cards
3.2- Methods of Production
Explain each type of production a...,
Advantages and disadvantages of j...,
Advantages and disadvantages of b...
5  cards
3.2- Specialisation & Division of Labour
Explain specialisation,
List and explain all four special...,
Advantages and disadvantages of s...
5  cards
3:2 Inventory Control
What is inventory control,
Good inventory control will bad i...,
Describe the four types of invent...
4  cards
3:3 Quality assurance
What is quality assurance,
Why is quality assurance importan...
2  cards
3:3 Quality Standards
What is customer service excellence,
What is the emphasis placed on in...,
Aims of the customer service exce...
6  cards
3.4: Health & Safety in Manufacturing
Rights responsibilities of the em...,
Rights responsibilities of the em...,
Explain the role of the health sa...
3  cards
Year 12 4.1a Recruitment
Outline the recruitment procedure,
Give the contents and purpose of ...,
Give the contents and purpose of ...
10  cards
4.2 Selection
Application form advantages and d...,
Selection definition,
Application letter
4  cards
4:2 Testing
Testing,
Three types of testing,
Testing advantages and disadvantages
3  cards
4:2 Testing 2
Presentation,
Interview
2  cards
Responsibilities of the selection process 4:2
List the four responsibilities
1  cards

More about
Business Studies

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Adam Smith's Business Studies flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Business Studies
  • 22 decks
  • 447 flashcards
  • 4 learners
Decks: Theme 1 Section 1 Meeting Customer Needs, Theme 1 Section 2 The Market, Theme 1 Section 3 Marketing Mix And Stra, And more!
Business
  • 24 decks
  • 466 flashcards
  • 8 learners
Decks: Ch 10 Getting Paid Paying Taxes, Ch 10 Getting Paid Paying Taxes, Ch 4 Smart Shopping, And more!
Make Flashcards