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

Decks in this class (33)

1.1 - What is a business?
A decision-making organisation
24  cards
1.2 - Types of business entities
Cooperatives,
Company,
Ipo
17  cards
1.3 - Business objectives
Corporate social responsibility csr,
Ethical code of practice,
Ethics
10  cards
1.4 - Stakeholders
Conflict,
Customers,
Directors
16  cards
The Ansoff Matrix
The ansoff matrix 1957,
Diversification,
A holding company or parent company
6  cards
1.5 - Growth and Evolution
Vertical integration,
Average cost,
Backward vertical integration
32  cards
1.6 - Multinational companies (MNCs)
Gross domestic product gdp,
A host country,
Multinational company mnc
4  cards
Decision trees - Business management toolkit
Chance nodes,
Decision nodes,
Decision trees
5  cards
3.1 - introduction to finance
Capital expenditure,
Collateral,
Fixed assets or non current assets
4  cards
3.2 - Sources of finance
Business angels,
Crowdfunding,
External sources of finance
19  cards
3.3 - Costs and revenues
Average cost ac,
Average revenue ar,
Cost
15  cards
3.4 Final accounts
Balance sheet,
Book value,
Cost of sales cos
24  cards
3.5 Profitability and liquidity ratio analysis
The acid test ratio quick ratio,
Capital employed,
Current ratio
11  cards
3.6 - Efficiency Ratio analysis
Credit control,
Bankruptcy,
Creditor days ratio
10  cards
3.7 Cash flow
Bad debts,
Cash,
Cash flow
14  cards
3.8 - Investment Appraisal
The average rate of return arr,
The cumulative net cash flow,
A discount factor
11  cards
3.9 Budgeting
Adverse variances,
Budget,
Budgetary control
8  cards
Break-even analysis
Break even analysis,
Break even chart,
Break even point
13  cards
4.1 Intro to Marketing
Concentration ratio,
Ethical code of practice,
Market concentration
14  cards
4.1 key terms
Revision for minor (5th Feb 2024)
10  cards
4.2 - Marketing planning
Consumer profiles,
Differentiation,
Market segmentation
17  cards
4.3 - Sales Forecasting
Correlation,
Extrapolation,
The line of best fit
8  cards
4.4 - Market Research
Academic journals,
Ad hoc market research,
Continuous market research
14  cards
4.5(a) - Product
The seven Ps of the marketing mix -
28  cards
4.5(b) - Price
The seven Ps of the marketing mix
13  cards
4.5(c) Promotion
The seven Ps of the marketing mix
23  cards
4.5(d) - Place
The seven Ps of the marketing mix
13  cards
4.5(e) - People
The seven Ps of the marketing mix
4  cards
4.5(f) - Processes
The seven Ps of the marketing mix
7  cards
4.5(g) - Physical evidence
The seven Ps of the marketing mix
2  cards
BCG Matrix
Important - turns up in almost every exam!
5  cards
5.8 Key terms
(for minor)
14  cards
5.3 key terms
for minor (HL week)
16  cards

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business management hl

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