Unit 3 (Business decisions)

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Decks in this class (25)

1.1
What are strategic business decis...,
What are tactical decisions,
What are operational decisions
9  cards
1.2
What are the internal factors to ...,
What are the external factors to ...,
What does attitude to risk mean
7  cards
1.3
Different types of information,
What are the advantages of intern...,
What are the advantages of extern...
17  cards
1.4
What does reliability mean,
What information is used to make ...,
What does bias mean
9  cards
2.1
What is gross profit,
What is net profit,
What is break even
11  cards
2.2
What are the advantages for using...,
What are the disadvantages for us...,
What are the factors that affect ...
7  cards
2.3
What is the equation for unit con...,
What does the unit contribution c...
2  cards
2.4
What is cash flow,
What is the equation for net cash...,
What is the equation for closing ...
5  cards
2.5
What is investment appraisal,
What is payback,
What are the advantages of payback
11  cards
3.1
What are the factors involved in ...,
How does the size of the workforc...,
How does the skills of the workfo...
10  cards
3.2
What are examples of performance ...,
What is absenteeism,
Factors of absenteeism
10  cards
4.1
What is market research,
What is competitive analysis,
What data can be used for market ...
4  cards
4.2
What is the porter s five forces ...,
What are the porters five forces,
What are the advantages of the po...
20  cards
4.3
What considerations are needed wh...,
If the key focus of marketing is ...
2  cards
4..4
What are constraints,
What are external constraints,
What are legal constraints
9  cards
5.1
What is resource management,
How would you manage physical res...,
How would you manage it resources
8  cards
5.2
What are two project management t...,
What is a risk register
2  cards
5.3
What is a critical path analysis,
What can a critical path analysis...,
What are the advantages of a crit...
4  cards
5.4
What do businesses have to do to ...,
What are internal causes of change,
What are external causes of change
7  cards
5.5
What is a contingency plan,
W,
What are the disadvantages of a c...
4  cards
6.1
What is an internal organisationa...,
What is an external business envi...,
What is competitor analysis
9  cards
6.2
What are different strategies are...,
What is a joint venture,
What is diversification
9  cards
6.3
How would you make a business dec...,
What are examples of decision mak...
2  cards
6.4
What factors should you use to ju...,
How does appropriateness justify ...,
How does awareness of other persp...
4  cards
Formulas
Revenue,
Variable costs,
Total costs
12  cards

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Unit 3 (Business decisions)

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