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Decks in this class (24)
Introduction to Business
What is a market share,
What is a competitive advantage,
What is a marketing mix
24
cards
3.1.1 - Understanding the nature and purpose of business
What is the purpose of businesses,
What is a b2b business,
What is a b2c business
33
cards
3.1.2 - Understanding different business forms
What legal responsibilities does ...,
What is the most common reason fo...,
What are aspects of unincorporate...
31
cards
3.1.3 - Understanding that businesses operate within an external environment
What is the external environment,
What are external factors,
What is competition
11
cards
3.2.1 - Understanding management, leadership and decision making
What is management,
What is leadership,
What are the main roles of a manager
21
cards
3.2.2 - Understanding management decision making
What is scientific decision making,
What is intuition hunch decision ...,
What is the main benefit of hunch...
16
cards
3.2.3 - Understanding the role and importance of stakeholders
What is a stakeholder,
What is the difference between a ...,
What are the possible stakeholder...
21
cards
3.3.1 - Setting marketing objectives
What is marketing,
What are the five marketing objec...,
What are marketing objectives
18
cards
3.3.2 - Understanding markets and customers
What is market research,
Why is it important to carry out ...,
What is primary research
38
cards
3.3.3 - Making marketing decisions: segmentation, targeting, positioning
What is market segmentation,
What is market targetting,
What are market segments
24
cards
3.3.4 - Making marketing decisions: using the marketing mix
Describe the characteristics of dogs,
Describe the characteristics of c...,
Describe the characteristics of s...
95
cards
3.4 - Operational Management
What is operations management,
What decisions does operations ma...,
What are the 6 operational object...
15
cards
3.4.2 - Analysing operational performance
What does operations data show,
98y,
How is labour productivity calcul...
16
cards
3.4.3 - Making operational decisions to improve performance: increasing efficiency and productivity
What is capacity,
What is efficiency what does it m...,
What is labour productivity
23
cards
3.4.4- Making operational decisions to improve performance: improving quality
Define quality,
What is quality management,
What are the main two parts to qu...
10
cards
3.5.1 - Financial Management
What are financial objectives,
What are the key benefits of sett...,
What is profit
13
cards
3.5.2 - Analysing Financial Performance - Budgeting
What is a budget,
What is an expenditure budget,
What is a budget holder
13
cards
3.5.2 - Analysing Financial Performance - Cash Flow
Define liquidation,
Define cash flow,
Define business insolvency
16
cards
3.5.2 - Analysing Financial Performance - Break Even
Define contribution,
Define contribution per unit,
Define total contribution
14
cards
3.5.3 - Financial Management - Sources of Finance
What is debt factoring,
What are the benefits of debt fac...,
What are the drawbacks of debt fa...
28
cards
3.5.4 - Improving Cash Flow and Profits
How can a business improve its ca...,
What are some key factors of a go...,
What are the benefits of cash flo...
17
cards
3.6.1 - Setting Human Resource Objectives
0
cards
3.6.2 - Analysing Human Resource Performance
0
cards
3.6.5 - Improving employer - Employee Relations
0
cards
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Business studies - Year 12
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