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By:
Miri Westerman
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Decks in this class (41)
Formulas
Market share,
Market growth,
Sales growth
33
cards
3.1.1 - what is business?
Why do businesses exist,
What s the difference between a b...,
What is the primary sector
14
cards
3.1.2 understanding different business forms
What is a sole trader,
What is a partnership,
What is a private limited company
9
cards
3.1.3 external environment
What external factors can affect ...
1
cards
3.2.1 understanding management, leadership and decision making
What is management,
What is leadership,
What are the roles of managers
11
cards
3.2.2 understanding management decision making
What is scientific decision making,
What is intuitive decision making,
What is a tactical decision
12
cards
3.2.3 understanding the role and importance of stakeholders
What is a stakeholder,
What is the difference between pr...,
What are the 6 main stakeholders
7
cards
3.3.1 setting marketing objectives
0
cards
3.3.2 understanding markets and customers
0
cards
3.4.1 setting operational objectives
0
cards
3.4.2 analysing operational performance
0
cards
3.4.3 increasing efficiency and productivity
0
cards
3.4.4 making operational decisions to improve performance quality
What is quality,
What is quality assurance,
Advantages of quality assurance
9
cards
3.4.5 inventory and supply
0
cards
3.5.1 setting financial objectives
0
cards
3.5.2 (1) budgets
0
cards
3.5.2 (2) cash flow
0
cards
3.5.2 (3) break even
0
cards
3.5.3 making financial decisions/sources of finance
0
cards
3.5.4 improving cash flow
0
cards
3.6.1 HR objectives and influences
0
cards
3.6.2 analysing HR performance
0
cards
3.6.3 HR design and flow
0
cards
3.6.4 making HR decisons
0
cards
3.6.5 improving employer/employee relations
0
cards
3.7.1 mission, corporate objectives and strategy
What is a mission statement,
What are corporate objectives,
What are strategic decisions
12
cards
3.7.2 financial ratio analysis
What are the two main financial r...,
What is an income statement,
What is profit quality
24
cards
3.7.3 analysing the existing internal position of a business
What are some examples of marketi...,
What are some examples of hr data,
What are some examples of financi...
10
cards
3.7.4 political and legal change
How does the uk government suppor...,
What is the role of a regulator,
What is infrastructure
8
cards
3.7.5 economic change
What is gdp,
Why is economic growth important ...,
What are the four stages of the b...
14
cards
3.7.6 Technological & Social Environment
Examples of social changes,
What is technological change,
What is a pressure group
5
cards
3.7.7 the competitive environment
What is the competitive structure...,
What are the 5 types of competiti...,
What is a monopoly
13
cards
3.7.8 Investment Appraisal
0
cards
3.8.1 strategic direction
What is strategic direction,
What is the ansoff matrix,
Describe the ansoff matrix
9
cards
3.8.2 choosing to compete
What is strategic positioning,
What is a competitive advantage,
Porters generic strategies
8
cards
3.9.1 assessing a change in scale
0
cards
3.9.2 assessing innovation
0
cards
3.9.3 assessing internationalisation
0
cards
3.9.4 assessing use of digital tech
0
cards
3.10.1 managing change
What are the four main types of c...,
What is external change,
What is internal change
19
cards
3.10.2 managing culture
What is culture,
Handy s model of culture,
What is a power culture
17
cards
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business
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Business
- 23 decks
- 1826 flashcards
- 11 learners
Decks:
11 Meeting Customer Needs, 12 The Market, 13 Marketing Mix And Strategy, And more!
