GCSE Business Studies Flash Revise Pocketbook

Summary:
Flash Revise Pocketbooks are ideal for quick revision. Written by a subject expert for instant revision of key topics to help you achieve the very best grades, they provide 400 quick-fire questions and answers with exam tips. With content organised in easy-to-follow sections, Flash Revise Pocketbooks are the answer to instant revision anytime, anywhere!

Flash Revise your subject now!
1. Answer the question
2. Flick and check you've got it right
3. Make sure you read the exam tip
...and then why not test your friends?

• 400 quick-fire questions and answers
• Exam tips to understand key topics
• Instant revision, anytime, anywhere!
• Updated for the new specifications.

Table of Contents:
Starting Up
1 Enterprise
2 Entrepreneur
3 Start-up risks
4 Business plan
5 Start-up market research
6 Start-up business objectives
7 Start-up location
8 Start-up finance
9 Adding value
10 Opportunity cost
11 Competition
12 Primary sector
13 Secondary sector
14 Tertiary sector
15 Government intervention
Forms of Business
16 Functions of business
17 Legal forms of business
18 Sole trader
19 Partnership
20 Company
21 Shareholder
22 Director
23 Private limited company
24 Public limited company
25 Limited liability
26 Franchise
Objectives
27 Aims and objectives
28 Stakeholders
29 Stakeholder friendly business
30 Business ethics
31 Unethical behaviour
32 External costs
33 SWOT analysis
34 Business growth
35 Takeover
Marketing
36 Marketing
37 Demand
38 Market research
39 Market share
40 Market segments
41 Product life cycle
42 Extension strategies
43 Product portfolio
44 Marketing mix
45 Penetration pricing
46 Promotion
47 Promotional activities
48 Distribution channel
49 New product development
50 e-commerce
Finance
51 Sources of finance
52 Loan
53 Net cash flow
54 Cash-flow forecasting
55 Profit and loss account
56 Revenue
57 Costs
58 Loss
59 Profitability
60 Gross profit
61 Breakeven
62 Balance sheet
63 Current assets
64 Liquidity
People
65 Organisational chart
66 Span of control
67 Levels of hierarchy
68 Centralisation
69 Management style
70 Delegation
71 Communication
72 Recruitment
73 Selection
74 Remuneration
75 Non-monetary benefits
76 Training
77 Induction training
78 Trade union
79 Motivation
80 Maslow
Production
81 Production
82 Location
83 Capacity
84 Economies of scale
85 Diseconomies of scale
86 Stocks
87 Stock control
88 Division of labour
89 Quality
90 Lean production
91 ICT
External Environment
92 External environment
93 Interest rates
94 Taxes
95 European Union (EU)
96 Exchange rates
97 Legislation
98 Health and Safety at Work Act
99 Consumer protection legislation
100 Environmental responsibilities of business

About the Author(s):
Andrew Gillespie is a Principal Examiner and joint editor of Business Review magazine.