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By:
Anne Pienaar
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Decks in this class (30)
Chapter 1-busniess Activity
What is a need,
What is a want,
What is the economic problem
24
cards
Chapter 2-classificstion Of Businesses
What are the stages of economic a...,
What does the primary sector do,
What does the secondary sector do
18
cards
Chapter 3-enterprise, Business Growth And Size
What is an entrepreneur,
Advantages of being an entrepreneur,
Disadvantages of being an entrepr...
35
cards
Chapter 4-types Of Business Orginisation
What is a joint venture,
Eg of joint ventures in real life,
What are the advantages of joint ...
71
cards
Chapter 5- Business And Shareholder Objectives
Trdytdytd,
Benefits of setting objectives 4,
Profit
24
cards
Chapter 8- Recruitment And Training Of Employees
Why would a business recruit new ...,
What is recruitment,
What does the recruitment process...
45
cards
Chapter 9
What is communication,
What is a message,
When has there effective communic...
36
cards
Chapter7- Organisation And Management
What is organisational structure,
What is an organisational chart,
What is hierarchy
31
cards
Extra
Are shareholders internal or exte...,
What are economies of scale,
What will banks have instead of s...
5
cards
Chapter 10- Marketing, Competition + The Customer
What is marketing,
Customer,
Describe marketing in a large pub...
39
cards
Chapter 11-Market Research
Market research,
Product oriented business,
Why do we do market research
35
cards
Chapter 12-Product
Are there sales in the introducti...,
Marketing mixdef,
Usp
27
cards
Chapter 18
Where what is the point of sale,
Pin,
What does the process of producti...
41
cards
Chapter 19 - Costs, Scale Of Production + Break-even Analysis
What happens when a business neve...,
Total revenue formula,
How can break even level of outpu...
27
cards
Chapter 16-Tech And The Marketing Mix
Viral marketing,
E commerce,
Social media marketing
11
cards
Chapter 6 - Motivating Employees
Motivation,
Reasons why people work 5,
Benefits of a motivated workforce
38
cards
Chapter 13
Competitive pricing,
Penetration pricing,
Price skimming
23
cards
Chapter 27 - Economic Issues
Gdp,
Main stages of the business cycle,
Growth stage of the business cycle
42
cards
Chapter 28 - Enviromental And Ethical Issues
Social responsibility,
Environment,
Global warming
26
cards
Chapter 29 - Business And The International Economy
Globalisation,
Free trade agreements,
Protectionism
29
cards
Chapter 22 - Business Finance: Needs And Resources
Responsibilities of the finance d...,
Main reasons why a business needs...,
Start up capital
58
cards
Chapter 25 - Statement Of Financial Position
Trade receivables,
Non current liabilities,
Assets
15
cards
Chapter 26 - Analysis Of Accounts
Current assets 3,
Current liabilities 3,
Why does the acid test ratio remo...
24
cards
Chapter 17 - Marketing Strategy
Marketing strategy,
Importance of different elements ...,
What to consider when recommendin...
11
cards
Chapter 15 - The Marketing Mix: Promotion
Promotion,
What promotion includes 2,
Aims of promotion 6
21
cards
Chapter 21 - Location Decisions
Factors affecting the location of...,
How production methods affect the...,
How the market can affect the loc...
29
cards
Chapter 14 - The Marketing Mix: Place
Distribution channel,
Role of place decisions in the ma...,
Distribution channels 4
23
cards
Chapter 20 - Achieving Quality Production
What quality products help a busi...,
What happens if quality is not ma...,
Quality
14
cards
Chapter 23 - Cash Flow Forecasting And Working Capital
I75r,
Problems a business faces if it l...,
Cash inflows
27
cards
Chapter 24 - Income Statements
Accounts,
Accountants,
Final accounts
13
cards
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