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

Decks in this class (17)

1.1 what is a business?
What is a business 1,
What is the transformation proces...,
What occurs during the transforma...
17  cards
1.2 types of business entities
What is the private sector 1,
What is the public sector 2,
What is nationalization 3
24  cards
1.3 business objectives
What do vision statements outline 1,
What is a mission statement 2,
What is the difference between vi...
16  cards
1.4 stakeholders
What are internal stakeholders 1,
What are external stakeholders 2,
Define a stakeholder 3
17  cards
1.5 growth and evolution
What is long run average costs 1,
What is the diseconomies of scale 2,
What is the economies of scale 3
9  cards
1.6 multinational companies
Define a multinational company 1,
What are 4 advantages of mncs to ...,
What ave 4 disadvantages to host ...
6  cards
2.1 human resource management
Define human resource management 1,
Name 7 things hrm includes 2,
Name 3 important aspects of hrm 3
4  cards
2.2 organisational structure
Authority 1,
Bureaucracy 2,
Centralization 3
17  cards
2.3 leadership and management
Functions of management 1,
Levels of management 2,
Blank 3
3  cards
2.4 motivation and demotivation
Motivation 1,
Intrinsic motivation 2,
Extrinsic motivation 3
11  cards
2.6 communication
0  cards
3.1 introduction to finance
Define capital 1,
Why does a business need capital ...,
What is a statement of financial ...
6  cards
3.2 sources of finance
Define internal sources of financ...,
List three examples of internal s...,
Describe external sources of fina...
17  cards
3.3 costs and revenue
What are costs in a business cont...,
What are fixed costs 2,
What are variable costs 3
28  cards
3.4 final accounts
What are the final accounts in fi...,
What is the statement of profit a...,
What does gross profit represent 3
10  cards
3.5 profitability and liquidity
What is ratio analysis 1,
How is profitability expressed in...,
What are profitability ratios 3
21  cards
3.7 cash flow
What is the primary difference be...,
What is cash flow 2,
Why is cash considered a business...
22  cards

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business management

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