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Advantages of becoming a big business
Disadvantages of becoming a big business
Merger
Takeover
Advantages of selling franchises
Lean production
Disadvantages of selling franchises
Advantages of becoming a plc
Disadvantages of becoming a plc
Just in time production
Advantages and disadvantages of just in time production
What is divorce between ownership and control
Kaizen production
Advantages of expanding abroad
Management styles -
Authoritarian leadership
How does lean production affect employees?
Disadvantages of expanding overseas
Advantages of flow production
Specialisation
Disadvantages of flow production
Quality
Cross subsidy
Stages of Product life cycle
Measuring quality
Extension strategies
Difference between current liabilities and long-term liabilities
Price skimming
Advantages and disadvantages of customer questionnaires
Penetration pricing
Debtors
Competitive pricing
Advantages and disadvantages of mystery visitors
Loss Leader
Creditors
Advantages and disadvantages of staff checking their own work
Quality assurance
Advantages of intermediaries in the distribution channel
Total quality management
How would a business maintain consistent quality?
Disadvantages of intermediaries in the distribution channel
Why is good quality important?
Name the two profit margin equations
Which is more useful and why?
Sources of finance for a large business
Current ratio
Acid test ratio
Organisational chart
Line manager
Retained profits advantages and disadvantages
Span of control
Advantages and Disadvantages of selling assets
Advantages and disadvantages of bank loans and mortgages
Advantages and disadvantages of selling shares
What is a profit and loss account?
Flat organisational structure
Overheads
Tall organisational structure
Delegation
Decentralisation
What factors would be taken into consideration when choosing a source of finance?
Advantages of decentralisation
Disadvantages of decentralisation
Person specification
Induction training
Advantages and disadvantages of 'On the Job' training
Advantages and disadvantages of "Off the job" training
Financial methods of motivation
Gross profit
Non-financial methods of motivation
Net profit
Management styles -
Democratic leadership
Function of a balance sheet
Difference between fixed and current assets