Unit A2 1 Making Business Decisions
CCEA
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Business Objectives
- Lecture notes • 3 pages • 2016
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A look at the advantages and disadvantages of growth, survival and profit maximisation as business objectives.
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Stakeholder Objectives
- Lecture notes • 3 pages • 2016
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A look at all the stakeholders in a business, their objectives, how conflict may arise and types of conflict between different groups i.e. between customers and shareholders.
A look at strategic evaluation and its advatnages and disadvantages.
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Business Plan
- Lecture notes • 1 pages • 2016
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A look at what a business plan is, including their advantages and disadvantages.
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Culture
- Lecture notes • 1 pages • 2016
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A look at what is culture, culture within a company and how to change culture via a groupthink.
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Different Approaches to Decision Making
- Lecture notes • 2 pages • 2016
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A look at how to approach decision making.
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Cash v Profit
- Lecture notes • 2 pages • 2016
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A look at the different between cash and profit.
The importance of cash.
Cash Flow Forecasting.
How to work out working capital.
Methods of Solving Working Capital.
The Working Capital Cycle.
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Company Accounts (2)
- Lecture notes • 2 pages • 2016
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Key company accounts definitions and the purpose of an income statement and statement of financial position.
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Resolving Conflict
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What is conflict and the methods to resolve it: avoidance, accommodating, forcing, compromise and problem solving.
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Mission Statement Super Summary
- Lecture notes • 1 pages • 2016
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A one page super summary of mission statements and their advantages and disadvantages with general comments about the usefulness of one.
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Investment Decision Making
- Lecture notes • 1 pages • 2016
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A look at investment decision making including payback with its advantages and disadvantages.
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