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Eliana Alongi
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Decks in this class (79)
Paper 1
Business 1,
Benefits of a business to society 2,
Enterprise 3
348
cards
Paper 2
What factors affect the type and ...,
Business plan 2,
Sections of a business plan 3
362
cards
Paper 1 Simple
Business 1,
Enterprise 2,
Entrepreneur 3
17
cards
3.1.2 Theories of Corporate Strategy
Corporate strategy 1,
Two strategic models used to deve...,
Ansoff s matrix 3
21
cards
3.2.1 Business Growth
Growth 1,
Objectives of growth 2,
Economies of scale 3
18
cards
2.5.1 Economic Influences
Business cycle 1,
Boom 2,
Recession 3
26
cards
3.4.4 Business Ethics
Ethics 1,
Business ethics 2,
Common areas where ethics are tes...
14
cards
3.2.3 Organic Growth
Organic growth 1,
Methods of organic growth 2,
Benefits of organic growth 3
4
cards
3.2.2 Inorganic growth
Inorganic growth 1,
Tactical reasons for inorganic gr...,
Strategic reasons for inorganic g...
21
cards
3.2.4 Reasons for staying small
Small business 1,
Reasons to stay small 2,
Product differentiation and usp 3
6
cards
3.4.3 Shareholders vs Stakeholders
Stakeholder 1,
Internal stakeholders 2,
External stakeholders 3
22
cards
2.5.3 Competitive Environment
Competitive environment 1,
Impact of competition on business...,
Market size 3
5
cards
2.5.2 Legislation
Legislation 1,
Consumer protection 2,
Impact of failing to follow consu...
10
cards
3.1.4 Impact of External Influences
Pestle analysis 1,
What does pestle stand for 2,
Political 3
15
cards
3.3.2 Investment Appraisal
What factors should be considered...,
Investment appraisal techniques 2,
Payback 3
9
cards
3.3.3 Decision Trees
Decision trees 1,
Advantages of decision trees 2,
Limitations of decision trees 3
3
cards
3.3.4 Critical Path Analysis
Critical path analysis 1,
Float 2,
Float formula 3
5
cards
3.4.1 Corporate Influences
Corporate influences 1,
Corporate timescales 2,
Short term perspectives 3
8
cards
3.4.2 Corporate Culture
Handy s four classes of culture p...,
Handy s four classes of culture r...,
Handy s four classes of culture t...
8
cards
3.6.1 Causes and Effects of Change
Change management 1,
Internal causes of change 2,
External causes of change 3
7
cards
3.6.2 Key Factors In Change
Key factors to consider in change 1,
Organisational culture 2,
Size of organisation 3
5
cards
3.6.3 Scenario Planning
Risk 1,
Examples of risk 2,
Risk assessment 3
7
cards
1.4.4 Motivation in theory and practice
Motivation 1,
Importance of employee motivation...,
Financial methods of motivation 3
25
cards
1.4.1 Approaches To Staffing
Dismissal 1,
Redundancy 2,
Industrial action 3
23
cards
1.4.5 Leadership
Leadership 1,
Management 2,
Characteristics of leaders 3
10
cards
1.5.6 Entrepreneur to Leader
Difference between an entrepreneu...,
Difficulties of moving from an en...,
Why is it important for leaders t...
8
cards
1.2.1 Demand
Demand 1,
The demand curve 2,
Complementary goods 3
9
cards
1.2.2 Supply
Supply 1,
Relationship between price and qu...,
The supply curve 3
10
cards
1.2.3 The Market
Market equilibrium 1
1
cards
1.2.4 PED
Price elasticity of demand 1,
Elastic demand curve 2,
Inelastic demand curve 3
9
cards
1.2.4 YED
Income elasticity 1,
Income elastic 2,
Income inelastic 3
7
cards
2.1.4 Business Planning
Business plan 1,
Sections of a business plan 2,
Importance of a business plan 3
10
cards
2.1.3 Liability
Limited liability 1,
Unlimited liability 2,
Sources of finance appropriate fo...
4
cards
2.1.1/2 Sources Of Finance
Sources of finance 1,
Internal sources of finance 2,
Advantages and disadvantages of r...
24
cards
2.2.2 Sales, Revenue And Profit
Demand 1,
Sales volume 2,
Revenue 3
11
cards
2.2.3 Breakeven And Contribution
Contribution 1,
Contribution per unit formula 2,
Total contribution formula 3
12
cards
2.2.1 Sales Forecasts
Forecasting 1,
Sales forecast 2,
Purpose of sales forecasts 3
19
cards
2.2.4 Budgeting
Budgeting 1,
Main types of budgets 2,
Purpose of a budget 3
13
cards
2.3.1 Profit
Statement of comprehensive income 1,
Profit 2,
Use of profit 3
14
cards
2.3.2 Liquidity Ratios
Current assets 1,
Non current assets 2,
Current liabilities 3
23
cards
3.5.2 Ratio Analysis
Gearing 1,
Gearing ratio 2,
Why is gearing useful 3
10
cards
3.5.1 Interpretation of Financial Accounts
Stakeholder interests in statemen...,
Stakeholder interests in statemen...,
Stakeholder interests in statemen...
7
cards
3.5.3 Human Resources
Why do employees skive leave 1,
Productivity 2,
Labour productivity 3
20
cards
2.4.1 Production, productivity, and efficiency
Production 1,
Job production 2,
Benefits of job production 3
25
cards
2.4.2 Capacity Utilisation
Capacity 1,
Capacity utilisation 2,
Capacity utilisation formula 3
8
cards
2.4.3 Stock Control
Stock 1,
Buffer stock just in case 2,
Main influences on amount of stoc...
17
cards
2.4.4 Quality Management
Quality 1,
Quality control 2,
Benefits of quality control 3
16
cards
3.1.1 Corporate Objectives
Mission statement 1,
Features of a mission statement 2,
Aim 3
9
cards
1.5.1 & 1.5.2 Entrepreneurs
Business 1,
Benefits of business to society 2,
Enterprise show 3
27
cards
1.5.3 Business Objectives
Mission statement 1,
Features of a mission statement 2,
What makes a good mission stateme...
9
cards
1.5.4 Forms of Business
Sole trader 1,
Benefits and drawbacks of a sole ...,
Partnership 3
14
cards
1.5.5 Business Choices
Business choices 1,
Resources that are typically scar...,
Opportunity cost 3
5
cards
1.1.1 The Market
Market 1,
Marketing 2,
Mass market 3
26
cards
1.1.2 Market Research
Market research 1,
Primary market research 2,
Examples of primary market resear...
19
cards
1.1.3 Market Positioning
Market positioning 1,
Market mapping 2,
Benefits of market mapping 3
15
cards
1.3.1 Product and Service Design
Design mix 1,
Social trends 2,
How the design mix is changing to...
9
cards
1.3.2 Branding & Promotion
Promotion 1,
Types of promotion 2,
Advertising 3
27
cards
1.3.3 Pricing Strategies
Pricing strategy 1,
Cost plus pricing 2,
Benefits and drawbacks of cost pl...
17
cards
1.3.4 Distribution
Distribution 1,
Distribution channel 2,
Producer 3
14
cards
1.3.5 Marketing strategy
Product lifecycle 1,
Importance of a product lifecycle 2,
Disadvantages of a product lifecy...
14
cards
4.3.2 Global Niche
Global niche market 1,
How do global niche markets devel...,
Cultural diversity 3
6
cards
4.3.1 Global Marketing
Global marketing strategy 1,
Benefits of a global marketing st...,
Drawbacks of a global marketing s...
11
cards
4.3.3 Cultural & Social Factors
Culture 1,
Examples of differences between c...,
High context cultures 3
5
cards
1.4.2 Recruitment, Selection and Training
Recruitment 1,
Recruitment and selection 1,
Selection 2
16
cards
1.4.3 Organisational Design
Organisational design structure 1,
Hierarchy 2,
Span of control 3
14
cards
4.1.4 Protectionism
Protectionism 1,
Three main kinds of protectionism 2,
Reasons for protectionism 3
6
cards
4.1.5 Trading Blocs
Trade blocs 1,
Types of trade blocs 2,
Free trade areas 3
9
cards
4.2.5 Global competitiveness
Exchange rate 1,
Ways exchange rates impact busine...,
Impacts of exchange rate movement...
8
cards
4.2.3 Assessment Of A Country As A Production Location
Assessment of a country as a prod...,
Location in a trade bloc 2,
Costs of production 3
9
cards
4.4.1 Impact of MNC's
Multi national company 1,
Impacts of mnc s on labour markets 2,
Impacts of mnc s on local firms 3
10
cards
4.4.2 Ethics
Common issues with mnc s 1,
Supply chain 1,
Environmental impact 2
4
cards
4.2.4 Reasons for Joint Ventures and Mergers
Joint venture 1,
Rationale for joint ventures 2,
Problems with joint ventures 3
5
cards
4.4.3 Controlling MNC's
Why do mnc s need to be controlled 1,
Controlling mnc s 2,
Legal control 3
6
cards
4.1.1 Growing economies
Globalisation 1,
Emerging economy 2,
Features of emerging economies 3
8
cards
4.1.2 Factors Contributing to Increased Globalisation
Factors contributing to increased...,
Increased significance of global ...,
Political change 3
7
cards
4.1.2 International Trade and Business Risk
Specialisation 1,
Benefits and drawbacks of special...,
Drawbacks of international trade 3
8
cards
4.2.1 Conditions That Prompt Trade
Push factors 1,
Pull factors 2
2
cards
4.2.2 Assessment Of A Country As A Market
Factors considered when assessing...,
Level and growth of disposable in...,
Infrastructure 3
4
cards
2.3.3 Business Failure
Internal 1,
External 2
2
cards
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