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Zainab Khan
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Decks in this class (15)
ar1 revision: key words (1.1.1 - 1.1.3)
Obsolete 1,
Entreprenur 2,
Intrapreneur 3
19
cards
the dynamic nature of business
Changing technology 1,
Changing consumer needs 2,
Obsolescene obsolete 3
3
cards
risks in business
Working out risk 1,
Risk business failure 2,
Risk financial loss 3
6
cards
rewards in business
Business success 1,
Profit 2,
Independence 3
3
cards
the role of business enterprise
Enterprise 1,
What businesses do 2,
Customer 3
6
cards
the importance of added value
Benefits of adding value 1,
Unique selling point usp 2,
Sandwich shop example ways you co...
3
cards
the role of entrepreneurship
Entrepreneur 1,
Enterprise skills 2,
Invention vs innovation 3
4
cards
market research
Primary market research field res...,
Examples of primary research 2,
Advantages of primary research 3
6
cards
1.4.1: partnerships
Limited partnership sleeping part...,
Partnerships 2,
Deed of partnership 3
6
cards
1.4.1: limited companies (incorp businesses)
Dividends 1,
Types of limited companies 2,
To form a lc you must 3
5
cards
1.4.1: types of business ownership
Pros of partnerships 1,
Cons of partnerships 2,
Unlimited liability 3
9
cards
1.3.1: business aims & objectives
Aims 1,
Objectives 2,
Examples of non financial aims ob...
5
cards
1.3.2: revenues, costs & profits
Margin of safety 1,
Revenue 2,
Break even 3
8
cards
1.3.2: revenues, costs & profits CALCULATIONS
Margin of safety 1,
Profit 2,
Total costs 3
5
cards
formulas
Total costs 1,
Variable costs 2,
Revenue 3
16
cards
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