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Edexcel Business Studies (Theme 2)

This class was created by Brainscape user A Level Education. Visit their profile to learn more about the creator.

By: A Level Education
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Decks in this class (18)

Chapter 26- Internal Finance
Capital expenditure 1,
Revenue expenditure 2,
Capital 3
9  cards
Chapter 27- External Finance
Sources of finance 1,
Family and friends 2,
Banks 3
18  cards
Chapter 28- Liability
Unlimited liability 1,
Limited liability 2,
Collateral 3
7  cards
Chapter 29- Planning
Business plan 1,
A business plan helps to 2,
A business plan contains 3
10  cards
Chapter 30- Sales Forecasting
Sales forecast 1,
Sales forecasting advantages 2,
Difficulties of sales forecasting 3
12  cards
Chapter 31- Sales, Revenue and Costs
Sales revenue 1,
Average cost 2,
Fixed cost 3
11  cards
Chapter 32- Break-even
Contribution 1,
Margin of safety 2,
What is meant by break even defin...
7  cards
Chapter 33- Budgets
Budget 1,
4 purposes of budgets 2,
Three key types of budget 3
16  cards
Chapter 34- Profit
Gross profit 1,
Operating profit 2,
Net profit 3
13  cards
Chapter 35- Liquidity
Statement of financial position b...,
Assets 2,
Liabilities 3
24  cards
Productivity
What is productivity 1,
Labour productivity 2,
Capital productivity 3
12  cards
Chapter 37- Production, Productivity and Efficiency
Production 1,
Primary industry 2,
Secondary industry 3
24  cards
Chapter 38- Capacity Utilisation
Capital utilisation 1,
Implications of under utilisation 2,
Implications of over utilisation 3
4  cards
Chapter 39- Stock Control
Variety of stocks held for a numb...,
A number of factors influence sto...,
Buffer stocks 3
20  cards
Chapter 40- Quality Management
Quality assurance 1,
Tqm total quality management 2,
Quality circles 3
4  cards
Chapter 41- Economic Influences
Interest rates 1,
Monetary policy 2,
Effect of interest rates on inves...
9  cards
Chapter 42- Legislation
Quality control 1,
Employment contract 2,
Discrimination 3
20  cards
Chapter 43- The Competitive Environment
4 determinants of competitiveness 1,
The number and relative size of b...,
Extent of barriers to entry 3
8  cards

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Edexcel Business Studies (Theme 2)

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