This class was created by Brainscape user Mara Ioannou.

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Decks in this class (17)

Unit 1.1 What is a business?
Entrepreneur 1,
What are the main inputs of busin...,
Consumer goods 3
11  cards
1.2 Types of business entities
Share 1,
Privately held company 2,
Publicly held company 3
23  cards
Unit 1.3 Business objectives
Mission statement 1,
Vision statement 2,
Corporate aims 3
20  cards
Unit 1.4 Stakeholders
Stakeholder concept 1,
Employees interests 2,
Managers interests 3
25  cards
Unit 1.5 Growth & Evolution
Define the term economies of scale 1,
True or false diseconomies of sca...,
What is productive efficiency 3
32  cards
Unit 1.6 Multinational companies
What are economies of scale 1,
What are internal economies of sc...,
What are financial economies 3
33  cards
Unit 3.1 Introduction to finance and sources of finance
What is internal finance 1,
What is external finance 2,
What is retained profit 3
23  cards
Unit 3.2 Costs and revenues
What does cost refer to 1,
What are direct costs 2,
What are fixed costs 3
13  cards
Unit 3.3 Final accounts
What is the purpose of financial ...,
What does the statement of profit...,
What are the three sections of th...
39  cards
3.5 + 3.6 Ratios
Liquidity ratios 1,
Current ratio 2,
Acid test ratio 3
17  cards
3.8 Investment appraisal
Payback period 1,
Average rate of return 2,
Net present value 3
3  cards
4.2 Marketing planning
Marketing planning 1,
Ethical marketing 2,
Marketing mix 3
12  cards
4.5 The seven Ps of the marketing mix
What is a product 1,
What is a consumer product 2,
What is a producer product 3
44  cards
Statement of profit or loss and Balance sheet
Statement of profit or loss 1,
Balance sheet 2,
Non current assets 3
9  cards
Unit 5 Formulas
Capacity utilisation rate 1,
Defect rate 2,
Labour productivity 3
9  cards
Unit 2 Motivation
Taylor s scientific management th...,
Maslow s hierarchy of needs 2,
Herzberg s two factor theory 3
7  cards
Paper 2
Contribution per unit 1,
Beq 2,
Total contribution 3
15  cards

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IB Business HL

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