a level business theme 1

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

Decks in this class (23)

1.1 - The Market
What is a mass market,
What are some mass market charact...,
What are 3 advantages to mass mar...
21  cards
1.1.2 - Market Research
What is product orientation,
When are 3 scenarios when market ...,
What business is an example of be...
31  cards
1.1.3 - Market Positioning
What is market mapping,
What are the 3 purposes uses of m...,
What are 3 pros or market mapping
16  cards
1.2.1 - Demand NOT IN
What is demand,
How does price affect demand,
What are 10 non price factors
7  cards
1.2.2 - Supply NOT IN
What is supply,
How does price affect supply,
What are the 5 non price determin...
8  cards
1.2.3 Markets
0  cards
1.2.4 Price Elasticity of Demand
What does ped measure,
What is elastic demand and values,
What is inelastic demand
10  cards
1.2.5 - YED
What is income elasticity of demand,
Explain yed in relation to necces...,
Explain yed in relation to inferi...
12  cards
1.3.1
What is product and service design,
What are the 3 factors that are p...,
What is bespoke design
6  cards
1.3.2 Branding and Promotion
What is promotion,
What are 6 types of promotion,
What does above the line advertis...
23  cards
1.3.3 Pricing Strategies
What 3 factors do pricing strateg...,
Name 6 pricing strategies,
What does cost plus pricing seek ...
15  cards
1.3.4 Distribution
What is distribution,
What are 3 distribution channels,
Describe 4 stage distribution
14  cards
1.3.5 Marketing Strategy
What is a marketing strategy,
What are the 5 stages in the prod...,
Describe the product development
18  cards
1.4.1 - Approaches to Staffing
In what 3 ways is staff an asset,
In what way is staff an asset thr...,
In what way is staff an asset thr...
17  cards
1.4.2 - RECRUITMENT , SELECTION and TRAINING
What is recruitment,
What are the 9 stages in recruitm...,
What are 2 costs of recruitment
12  cards
1.4.3 - ORGANISATIONAL DESIGN
What is organisational design,
What is the chain of command,
What is the span of control
25  cards
1.4.4 - Motivation
What is the benefit of motivated ...,
What are 4 benefits of employee m...,
What are 4 motivational theorists
30  cards
1.4.5 - LEADERSHIP
What is the leadership between ma...,
What are 3 characteristics of lea...,
What are 4 leaderships styles
8  cards
1.5.1 & 1.5.2 Role of an Entrepreneur and Characteristics
What is an entrpreneur,
What are the 4 main roles of an e...,
Explain the role of an entreprene...
14  cards
1.5.3 - Business Objectives
What are the 2 main objectives of...,
Explain the main business objecti...,
Explain the main business objective
10  cards
1.5.4 - Forms of Business
What is a sole trader,
What are 3 advantages and 2 disad...,
What are 3 advantages and 2 disad...
18  cards
1.5.5 - Business Choices
What is opportunity cost,
What is a tradeoff,
What is a trade off example for c...
3  cards
1.5.6 - Moving from an Entrepreneur to a leader
What is an entrepreneur,
What is a leader,
Explain the learning to delegate ...
7  cards

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a level business theme 1

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