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Business Studies

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

By: Emily James
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Decks in this class (14)

Business Studies- Business and the Environment
A business is an organisation whi...,
Needs are,
Some are physical such as
9  cards
Business Studies- Business Objectives
Employees need something to work ...,
Without objectives owners might n...,
Objectives help to decide where t...
7  cards
Business Studies- Sole traders, partnerships and franchises
People who set up businesses are ...,
Entrepreneurs are,
Unincorporated
15  cards
Business Studies- Limited Liability Companies
Companies are incorporated this m...,
Forming a limited company some im...,
A limited company must have a min...
15  cards
Business Studies- Factors of production
What is production,
Some examples of production might be,
The four factors of production are
9  cards
Business Studies- Primary, Secondary and Tertiary
In the primary sector business ac...,
In the secondary sector business ...,
The tertiary sector involves
5  cards
Business Studies- Judging Success
The success of the business can b...,
Many owners set objectives when r...,
It is not uncommon for businesses...
5  cards
Business Studies- Departmental Functions
Small businesses can operate with...,
It is very important for departme...
2  cards
Business Studies- Sources of Finance
Sources of finance are most neede...,
Once a business is established th...,
Sources of finance maybe internal...
11  cards
Business Studies- Costs
Why does production generate costs,
Costs can be classified according to,
Some production costs remain the ...
11  cards
Business Studies- Break-even Analysis and Economies and diseconomies of scale
Break even is,
Output is measure on the horizont...,
Graph shows
8  cards
Business Studies- Methods of Production
Job production,
Advantages of job production,
Disadvantages of job production
9  cards
Business Studies- Lean Production
Lean production is,
Just in time production,
Cell production
5  cards
Business Studies- Technology and Quality
Cad,
Cam,
Cim
10  cards

More about
Business Studies

  • Class purpose General learning

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