Brainscape's Knowledge GenomeTM


Top Flashcards (Certified)
All Flashcards

N5BM 1. (understanding business)

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

By: Emily Morrice
Start Studying

Decks in this class (13)

factors of production
Name the four factors of producti...,
Why do we need all four factors 2,
Describe land 3
6  cards
sectors of the industry
What are the 3 sectors of the ind...,
What is the primary sector 2,
What is the secondary sector 3
4  cards
*sectors of the economy - private sector
What are the 3 sectors of the eco...,
What is a sole trader 2,
Advantages of being a sole trader 3
12  cards
*aims/objectives of the private sector
What does profit maximisation mean 1,
What does achieving quality mean 2,
What does survival mean 3
7  cards
*sectors of the economy - public sector
What is the pubic sector 1,
What are they key features of the...,
Describe the uk government 3
6  cards
*aims/objectives of the public sector
Make the best of funds 1,
Quality of service 2,
Raise revenue 3
5  cards
*sectors of the economy - third sector
Describe the third sector 1,
What are the features of a charity 2,
Advantages of charities 3
5  cards
*aims/objectives of third sector
Increase funds 1,
Provision of service 2,
Increase awareness 3
5  cards
*social enterprises
What is a social enterprise 1,
What are the key features of soci...,
Advantages of social enterprises 3
4  cards
customer satisfaction
How do organisations ensure custo...,
How do organisations know if cust...,
What are the benefits of satisfyi...
3  cards
*External Factors (PESTEC)
What are external factors 1,
Name all external factors 2,
Definition of the political factor 3
24  cards
*stakeholders *(influence&impact)
What is a stakeholder 1,
What is stakeholder interest 2,
What is stakeholder influence 3
10  cards
command words
Identify 1,
Outline 2,
Describe 3
12  cards

More about
N5BM 1. (understanding business)

  • Class purpose General learning

Learn faster with Brainscape on your web, iPhone, or Android device. Study Emily Morrice's N5BM 1. (understanding business) flashcards now!

How studying works.

Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.

Learn more about spaced repetition

Add your own flashcards.

Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!

What's Brainscape anyway?

Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.

We use an adaptive study algorithm that is proven to help you learn faster and remember longer....

Looking for something else?

Understanding Business College of Wes...
  • 22 decks
  • 699 flashcards
  • 16 learners
Decks: Chapter 1, Chapter 2, Chapter 3, And more!
Business Alevel
  • 26 decks
  • 3126 flashcards
  • 628 learners
Decks: 11 Meeting Customer Needs, 12 The Market, 13 Marketing Risk And Strategy, And more!
► German Vocab 1
  • 43 decks
  • 13451 flashcards
  • 8368 learners
Decks: Business, Employment, Finance, And more!
Find Flashcards
Make Flashcards
Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions