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

Decks in this class (21)

Introduction To Finance
What is finance,
When is finance needed,
What is capital expenditure
16  cards
Sales, Revenue, Costs
What is revenue,
What are costs,
What is sales value
20  cards
Short Questions And Answers
3 situations a business might wan...,
What is meant by source of finance,
Using examples distinguish betwee...
43  cards
Liquidity
What is liquidity,
Statement of financial position,
What is a current asset and examples
16  cards
Business Failure
Why may a business fail in the sh...,
Internal reasons why a business m...,
External reason why a business ma...
6  cards
Production, productivity and efficiency
Methods of production,
What is job production,
Advantages of job production
34  cards
Capacity Utilisation
What is meant by capacity,
What is meant by capacity utilisa...,
What is the formula for capacity ...
8  cards
Stock Control
What is stock,
What is buffer stock,
Key reasons to hold stock
14  cards
Formula
Net cash flow,
Sales volume,
Sales revenue
26  cards
Quality Management
What is quality control,
What is quality assurance,
Advantages of quality control
13  cards
Economic Influences
What is inflation,
How does inflation affect a business,
How does inflation affect a busin...
11  cards
Break Even
Formula for calculating break even,
Calculating contribution,
Margin of safety
7  cards
Budgets
What is a budget,
What does a budget do,
Types of budget
20  cards
Key Terms
Source of finance,
Internal source of finance,
Owner s capital
109  cards
Motivation
Motivation,
Causes of motivation,
Why is motivation important for b...
7  cards
Profit
What is profit,
What is gross profit,
What is gross profit margin
9  cards
Sources Of Finance: Internal And External
What are internal sources of finance,
What are external sources of finance,
Examples of internal sources of f...
29  cards
Liability And Finance
What is unlimited liability,
What is limited liability,
Types of businesses that have unl...
15  cards
Planning And Cash Flow
What is cash flow,
Business plan sections,
Business plan sections
18  cards
Sales Forecasting
What is forecasting,
What is a contingency plan,
What are real incomes
7  cards
Competitive Environment
What is competitiveness,
What is a competitive advantage,
Nature of competition in a market...
4  cards

More about
Business Theme 2

  • Class purpose General learning

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