Business Edexcel AS Flashcards

Decks in this Class (25):

• Kt1 121 Demand

  KT1: 1.2.1 Demand

  Sample Cards:

  complementary goods,

  inferior goods,

  luxury goods
  6 Cards
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• Kt2 111 The Market 112 Market Research

  KT2: 1.1.1 The market, 1.1.2 Market Research

  Sample Cards:

  economies of scale,

  franchise,

  generic brands
  8 Cards
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• Kt3 122 Supply 123 Markets

  KT3: 1.2.2 Supply, 1.2.3 markets

  Sample Cards:

  market price,

  supply chain,

  supply curve
  6 Cards
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• Kt4 113 Market Positioning 144 Motivatio

  KT4; 1.1.3 Market positioning, 1.4.4 motivation in theory

  Sample Cards:

  market map,

  price elasticity,

  unique selling point
  3 Cards
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• Kt5 124 Ped 125 Yed

  KT5: 1.2.4 PED, 1.2.5 YED

  Sample Cards:

  external constraint,

  predatory pricing,

  price elastic
  7 Cards
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• Kt7 131 Product Service Design 132 Distr

  KT7: 1.3.1 product/service design, 1.3.2 Distribution

  Sample Cards:

  prototype,

  sustainability,

  capacity utilisation
  5 Cards
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• Kt9 133 Pricing Strategies 134 Distribut

  KT9: 1.3.3 Pricing strategies, 1.3.4 Distribution

  Sample Cards:

  loss leader,

  price elasticity,

  price sensitive
  10 Cards
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• Kt6 144 Motivation In Theory 145 Leaders

  KT6: 1.4.4 motivation in theory, 1.4.5 leadership

  Sample Cards:

  division of labor,

  hygiene factors,

  job satisfaction
  11 Cards
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• Kt8 151 Role Of An Entrepreneur 152 Entr

  KT8: 1.5.1 role of an entrepreneur, 1.5.2 Entrepreneurial motives and characteristics

  Sample Cards:

  franchise,

  geographical mapping,

  innovations
  9 Cards
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• Kt10 153 Business Objectives 154 Forms O

  KT10: 1.5.3 Business objectives, 1.5.4 Forms of business

  Sample Cards:

  budgets,

  corporate objectives,

  delegation
  18 Cards
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• Kt11 135 Marketing Strategy

  KT11: 1.3.5 Marketing strategy

  Sample Cards:

  cash cow,

  dog,

  extension statergy
  8 Cards
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• Kt12 155 Business Choices 156 Moving Fro

  KT12: 1.5.5 Business choices, 1.5.6 Moving from entrepreneur to leader

  Sample Cards:

  opportunity cost,

  trade off,

  delegation
  5 Cards
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• Kt13 14 Hrm 141 Approaches To Staffing

  KT13: 1.4 HRM, 1.4.1 Approaches to staffing

  Sample Cards:

  labour turnover,

  outsourcing,

  redeployment
  9 Cards
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• Kt14 24 Production Productivity And Effi

  KT14: 2.4 Production, productivity and efficiency

  Sample Cards:

  fixed costs,

  variable costs,

  enterprise resource planning
  9 Cards
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• Kt15 142 Recruitment Selection And Train

  KT15: 1.4.2 recruitment, selection and training, 1.4.3 organisational design, 2.1.1 internal finance

  Sample Cards:

  induction training,

  labour turnover,

  off the job training
  17 Cards
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• Kt16 242 Capacity Utilisation

  KT16: 2.4.2 capacity utilisation

  Sample Cards:

  downtime,

  excess capacity,

  rationalisation
  4 Cards
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• Kt17 212 External Finance 213 Liability

  KT17: 2.1.2 external finance, 2.1.3 liability, 2.1.4 planning

  Sample Cards:

  bankrupt,

  creditors,

  limited liabilities
  11 Cards
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• Kt18 243 Stock Control

  KT18: 2.4.3 stock control

  Sample Cards:

  buffer stock,

  comparative advantage,

  competitiveness
  4 Cards
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• Kt19 221 Sales Forecasting 222 Sales Rev

  KT19: 2.2.1 sales forecasting, 2.2.2 sales revenue and costs

  Sample Cards:

  contingency plans,

  real incomes,

  sales forecast
  11 Cards
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• Kt20 244 Quality Management

  KT20: 2.4.4 quality management

  Sample Cards:

  competitiveness,

  right first time,

  trade off
  4 Cards
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• Kt21 223 Breakeven 224 Budgets

  KT21: 2.2.3 breakeven, 2.2.4 budgets

  Sample Cards:

  break even chart,

  contribution,

  fixed costs
  12 Cards
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• Kt22 251 Economic Influences 252 Legisla

  KT22: 2.5.1 economic influences, 2.5.2 legislation

  Sample Cards:

  consumer demand,

  discretionary income,

  economic climate
  8 Cards
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• Kt23 231 Profit 232 Liquidity

  KT23: 2.3.1 Profit, 2.3.2 Liquidity

  Sample Cards:

  corporation tax,

  dividends,

  fixed overheads
  8 Cards
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• Kt24 253 The Competitive Environment

  KT24: 2.5.3 the competitive environment

  Sample Cards:

  collusion,

  non price competition,

  oligopolies
  4 Cards
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• Kt25 233 Business Failure

  KT25: 2.3.3 Business failure

  Sample Cards:

  administration,

  business model
  2 Cards
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