This class was created by Brainscape user Zainab Khan. Visit their profile to learn more about the creator.
By:
Zainab Khan
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Decks in this class (15)
ar1 revision: key words (1.1.1 - 1.1.3)
Obsolete,
Entreprenur,
Intrapreneur
19
cards
the dynamic nature of business
Changing technology,
Changing consumer needs,
Obsolescene obsolete
3
cards
risks in business
Working out risk,
Risk business failure,
Risk financial loss
6
cards
rewards in business
Business success,
Profit,
Independence
3
cards
the role of business enterprise
Enterprise,
What businesses do,
Customer
6
cards
the importance of added value
Benefits of adding value,
Unique selling point usp,
Sandwich shop example ways you co...
3
cards
the role of entrepreneurship
Entrepreneur,
Enterprise skills,
Invention vs innovation
4
cards
market research
Primary market research,
Examples of primary research,
Advantages of primary research
6
cards
1.4.1: partnerships
Limited partnership sleeping partner,
Partnerships,
Deed of partnership
6
cards
1.4.1: limited companies (incorp businesses)
Dividends,
Types of limited companies,
To form a lc you must
5
cards
1.4.1: types of business ownership
Partnerships,
Cons of partnerships,
Unlimited liability
9
cards
1.3.1: business aims & objectives
Aims,
Objectives,
Examples of non financial aims ob...
5
cards
1.3.2: revenues, costs & profits
Margin of safety,
Revenue,
Break even
8
cards
1.3.2: revenues, costs & profits CALCULATIONS
Margin of safety,
Profit,
Total costs
5
cards
formulas
Total costs,
Variable costs,
Revenue
16
cards
More about
business
- Class purpose General learning
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