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

Decks in this class (23)

shops
Describe the term shop,
What do shops concentrate on doing,
What does displaying products do
7  cards
online retailing
Give 3 examples of online retailing,
5 advantages of online retailing,
5 disadvantages of online retailing
5  cards
multi channel
Give the definition of a multi ch...,
What is clicks and bricks,
What do single channel distributi...
8  cards
hybrid
What is hybrid retailing,
Give 2 examples of hybrid retailing
2  cards
concession
What is a concession,
How will the retailer pay the lar...,
What is a manned concession
5  cards
pop up
Define what is meant by a pop up ...,
Give two reasons why a pop up sho...,
What do temporary shops focus on ...
5  cards
markets
Define what is meant by a market,
Is it expensive to set up a marke...,
Give an example of a market stall
5  cards
franchises
Give the definition of a franchise,
What is the role of the franchiso...,
What benefits to franchises offer...
7  cards
sole trader
Define what is meant by a sole tr...,
What are the aims and objectives ...,
Give 5 advantages of a sole trader
4  cards
partnership
Define what is meant by a partner...,
What does the deed of partnership...,
What is essential in starting a p...
5  cards
public limited company
Give the definition of a public l...,
Give 5 advantages of a plc,
Give 5 disadvantages of a plc
5  cards
private limited company
What is separate legal identity,
Give the definition of a private ...,
Give 7 advantages of an ltd
4  cards
co-operative
What is a co operative,
What are the key values of a coop...,
What is a consumer cooperative
5  cards
not for profit
What is meant by the term not for...,
What happens with the money in a ...,
What is a social enterprise
5  cards
survival
What stages do businesses aim to ...,
What does it mean to break even,
How can a business turn a loss ar...
3  cards
growth
Name 2 retailers and how they sta...,
Give 5 ways a business can grow,
Give the definition of acquisition
5  cards
increase market share
What does it mean by market share,
How is market share calculated,
Why is tesco the market leader
6  cards
customer satisfaction
What does customer satisfaction m...,
Why is customer satisfaction impo...,
What happens if a business meets ...
4  cards
sales revenue
How can a business increase its s...
1  cards
increasing profit
What is profit,
What is the difference between re...,
What is pre tax profits
3  cards
business objectives
Identify 3 business objectives,
Identify 4 financial objectives
2  cards
social
What do social objectives focus on,
Give 4 examples of social objectives,
Name a retail business and explai...
3  cards
retail specific
What are retail specific objectives
1  cards

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retail business

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