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Jeenal Agrawal
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Decks in this class (27)
business activity
Why is specialisation common 1,
Advantages of division of labour 2,
Disadvantages of division of labo...
5
cards
classification of businesses
Examples of primary sector 1,
Examples of secondary sector 2,
Examples of tertiary sector 3
23
cards
enterprise, business growth and size
Characteristics of entrepreneur 1,
Advantages of being an entreprene...,
Disadvantages of being an entrepr...
20
cards
business objectives and stakeholders
Why are business objectives impor...,
Why business survival 2,
Why profit 3
17
cards
motivating employees
Why do people work 1,
Benefits of a well motivated work...,
Maslow s hierarchy stages 3
26
cards
organisation and management
Benefits of an organisational str...,
Chain of command vs span of contr...,
Functions of management 3
18
cards
recruitment, selection and training
Why are employees part of the rec...,
Functions of human resources depa...,
Process of recruitment 3
27
cards
internal and external communication
Advantages of verbal communication 1,
Disadvantages of verbal communica...,
Advantages of visual communication 3
15
cards
marketing, competition and the consumer
Sections of the marketing departm...,
Role of marketing 2,
Benefits of successful marketing 3
14
cards
market research
What questions does market resear...,
Market orientated business advant...,
Advantages of primary research 3
19
cards
the marketing mix: place
Examples of distribution channels 1,
Direct to consumer advantages 2,
Direct to consumer disadvantages 3
11
cards
the marketing mix: promotion
Aims of promotion 1,
Advertising process 2,
Newspaper advantages 3
23
cards
the marketing mix: product
Characteristics of the correct pr...,
Stages of developing product 2,
Benefits of new product 3
12
cards
the marketing mix: price
Why will businesses adopt pricing...,
Cost plus advantages 2,
Cost plus disadvantages 3
13
cards
marketing strategy
Possible marketing objectives 1,
Factors to consider when forming ...,
Legal controls on marketing 3
9
cards
production of goods and services
Productivity 1,
Labour productivity 2,
Increasing productivity 3
20
cards
costs, scale of production and break even analysis
Using cost data 1,
Types of economies of scale 2,
Purchasing economies 3
14
cards
achieving quality production
Benefits of quality 1,
Risks of not meeting quality 2,
Advantages of quality control 3
9
cards
location decisions
Location decisions for a manufact...,
Location decisions for a service ...,
Location decisions for a retail b...
4
cards
business finance: needs and sources
Why do businesses need finance 1,
Internal sources of finance examp...,
Retained profit advantages 3
35
cards
cash flow forecasting and working capital
Uses of cash 1,
Cash inflow comes from 2,
Cash outflow goes from 3
10
cards
income statements and profit
Income statement key facts 1,
Features of income statement 2,
Who uses income statements 3
9
cards
statement of financial position
Contents of a statement of financ...,
Uses of a statement of financial ...
2
cards
analysis of accounts
How accounts are used 1,
Limitations of accounts 2,
Net profit margin formula analysis 3
7
cards
economic issues
Growth analysis 1,
Boom analysis 2,
Recession analysis 3
19
cards
environmental and ethical issues
How does business activity impact...,
Arguments for socially responsibl...,
Arguments against socially respon...
10
cards
businesses and the international economy
Reasons for globalisation 1,
Benefits of globalisation 2,
Threats of globalisation 3
8
cards
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igcse business studies
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