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Business Studies > Added value > Flashcards

Added value Flashcards

(1 cards)

1

Q

What is added value?

A

The difference between the cost of production and the selling price?

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Business Studies (60 decks)

Leadership styles

Motivation strategies

Generic/Corporate Strategies

Stakeholder/Shareholder - Short/long terminism

Inventory and stock control

Quality management

Sources of finance

Organisational Design/Structure

Product lifecycle

Pricing strategies

Elasticity of demand

Distribution strategies

Marketing strategies

Recruitment and training

Product maximisation and satisificing

Business Objectives

Forms of Business

Liability and Finance

Calculations/Formulas

Business Failure

Production methods

Interest and inflation rates

Government and the Economy

Business Legislation

Employee Legislation

Corporate objectives

Choosing a strategy

Creditors VS Debitors

Types Of Ratios

Global Marketing

Capital Employed

Main Financial Incentives

Managing Change

Sales Forecasting

Cash flow forecasting/working capital

Distinct capabilities

Controlling MNC's

Scenario/contingency planning

Offshore/outsourcing

Forms of business

Direct and Indirect competition

Mass vs Niche marketing

Risk vs Uncertainty

Marketing formulas

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