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Laura Brady
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Decks in this class (56)
U1 AOS1/KK2: Sources of business motivation
Financial independence,
Personal independence,
Make a profit
5
cards
U1 AOS1/KK3: Characteristics of managers & entrepreneurs
Willingness to take risks,
Strong networking ability,
Determined
12
cards
U1 AOS1/KK4: Sources of business opportunity
Innovation,
Entrepreneurship,
Market opportunities
8
cards
U1 AOS1/KK5: Goal setting
Financial goals,
Profit,
Profit margin
4
cards
U1 AOS1/KK6: Business concept development
Business concept development
1
cards
U1 AOS1/KK7: Business opportunities & concept development
0
cards
U1 AOS1/KK8: Market research
Market research,
Market research process
2
cards
AOS1/KK9: Types of research data
Qualitative,
Quantitive,
Primary research
10
cards
U1 AOS1/KK10: Protecting the business idea
Intellectual property ip,
Trademark,
Copy right
5
cards
U1 AOS2/ KK1: Business planning & Business Environment
Importance of business planning,
For a business to be successful o...,
A business has control over inter...
8
cards
U1 AOS2/KK2: Business structures
1 sole trader define,
1 sole traderstrengths and weakne...,
2 partnership define
14
cards
U1 AOS2/KK3: Business models
Business models,
5 types of business models,
1 online business define
11
cards
U1 AOS2/KK4: Starting vs. Buying
Purchasing an established busines...,
Purchasing an established busines...,
Starting up a new buspros
5
cards
U1 AOS2/KK5: Business resources
Resources,
Natural,
Labour
4
cards
U1 AOS2/KK6: Business location
Location factors,
Benefits of choose right location,
Types of locations
4
cards
U1 AOS2/KK7: Sources of finance
Internal,
External,
Short term
16
cards
U1 AOS2/KK8: Business support services
Legal and financial advice,
Technological advise,
Community based support
6
cards
U1 AOS2/KK9: Planning tools (such as a SWOT analysis)
Outline the purpose of a swot ana...,
Outline the term opportunity,
Outline the term threat
11
cards
U1 AOS2/KK10: Business plan
Business plan,
Explain how a business plan helps...,
True false a business plan only n...
11
cards
U1 AOS2/KK11: CSR
Csr,
Csr managers emolyees examples,
Csr customer eg
7
cards
U1 AOS3/KK1: Legal factors
Legal and government factors,
Legal and government regulations,
Compulsory legal requirements
7
cards
U1 AOS3/KK2: Economic conditions
Economic conditions,
Types of economic conditionsecono...,
Types of economic conditionsecono...
5
cards
U1 AOS3/KK3: Societal attitudes and behaviours
Societal attitudes,
Values and beliefs,
Trends
9
cards
U1 AOS3/KK4: Technological Developments
Technological development,
Types of technological development,
Mechanisatoin
7
cards
U1 AOS3/KK5: Global issues
Overseas competitors,
Overseas markets barriers,
Offshoring labour
11
cards
U1 AOS3/KK7: Customer needs
Customer needs that motivates a c...,
Environment,
Health conscious
4
cards
U1 AOS3/KK8: Competitor behaviour
Competitive behaviour,
Porters generic stratgergies,
1 low cost strategy
12
cards
U1 AOS3/KK9: Suppliers/Supply Chains
Supply chain,
Supply chain management,
Sourcing
10
cards
U1 AOS3/KK10: Special Interest Groups
Speical interest groups,
Environmental lobby groups,
Business associations
6
cards
U2 AOS1 KK1 Legal Requirements
What are 5 legal requirements whe...,
What are the 3 steps for register...,
True or false registering a domai...
12
cards
U2 AOS1 KK2 Financial Considerations
What are 3 financial consideratio...,
True falsebusinesses with limited...,
True falsebusinesses with unlimit...
29
cards
U2 AOS1 KK3 Choosing Appropriate Suppliers
In addition to the resource needs...,
Why is the quality of supplies an...,
Why is it important to have relia...
7
cards
U2 AOS1 KK4 Policies and Procedures
Why do businesses need policies a...,
What are policies,
What are procedures
10
cards
U2 AOS1 KK5 Technological and Global Issues
What does technological issues re...,
Examples of technological advance...,
How is technology used in marketing
19
cards
U2 AOS2 KK1 What is Marketing?
Successful marketing involves a n...,
Marketing as a tool is used to,
List two marketing strategies tha...
12
cards
U2 AOS2 KK2 External Factors
External factors include macro an...,
External factors macro and operat...,
Finish the sentence stem operatin...
13
cards
U2 AOS2 KK2 Internal Factors
Three factors from the internal e...,
Owners and managers contribute to...,
Owners and managers contribute to...
6
cards
U2 AOS2 KK3 Market Research
What is market research,
Why do businesses undertake marke...,
How does market research assist i...
13
cards
U2 AOS2 KK4 Market Segmentation
Define market segmentation,
Why do businesses classify custom...,
Identify four market segments
8
cards
U2 AOS2 KK5 Marketing Mix Part 1
Define marketing mix,
List the 7 ps in the marketing mix,
What does product include
15
cards
U2 AOS2 KK5 Marketing Mix Part 2
What does physical evidence involve,
What are the 5 visible elements t...,
What do facilities include
9
cards
U2 AOS2 KK6 Product Life Cycle
What is the product life cycle,
Identify the six stages of the pr...,
In the development stage market r...
5
cards
U2 AOS2 KK7 Customer Relations
What is customer relations about,
Identify 3 benefits for businesse...,
Provide 4 examples of quality cus...
13
cards
U2 AOS2 KK8 Public Relations
What is the purpose of public rel...,
What are the two types of public ...,
True or falseplanned public relat...
11
cards
U2 AOS2 KK9 CSR
Define corporate social responsib...,
Why is it important for businesse...,
What are 3 criticisms of marketing
8
cards
U2 AOS3 KK1 Staffing and Performance
What is human resource management,
How can staff performance assist ...,
What are the four phases of the e...
14
cards
U2 AOS3 KK2 and KK3 Tech & Staffing
What is workforce planning,
What are the six steps involved i...,
What factors should a business co...
8
cards
U2 AOS3 KK4 Job Analysis
Define job analysis,
What does,
What are the two parts that a job...
8
cards
U2 AOS3 KK5 Internal and External Recruitment
Define recruitment,
What does internal recruitment in...,
Identify 3 methods of internal re...
9
cards
U2 AOS3 KK6 Selection Methods
Define the selection process,
Identify the 7 stages of the recr...,
Provide two examples of how a poo...
8
cards
U2 AOS3 KK7 Employer and Employee Expectations
What do employer expectations inc...,
What do employees expect from emp...,
Emloyers must comply with the min...
14
cards
U2 AOS3 KK8 Employment Arrangements
What are employment arrangements,
True or false1 full time employme...,
Provide two advantages for employ...
14
cards
U2 AOS3 KK8 Awards, EBAs and IECs
Which piece of legislation establ...,
Who is the fair work act administ...,
True or falseno award enterprise ...
17
cards
U2 AOS3 KK9 Induction
Define induction,
What sort of things can an induct...,
What is the purpose of inductions
9
cards
U2 AOS3 KK10 CSR and Legal
What legal obligations do busines...,
What csr obligations do businesse...,
Who is the main body responsible ...
17
cards
U2 AOS3 KK11 Global Staffing Issues
Why do businesses recruit staff f...,
True or falseoverseas employees t...,
Name 3 types of visas which allow...
7
cards
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Unit 1/2: Business Management
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