Capacity utilisation Study guides, Revision notes & Summaries

Ansoff's Matrix - correct answer Shows the strategies that a firm can use to expand, according to how risky they are Assets - correct answer Resources owned by a business Balance sheet - correct answer A snapshot of a firm's finances at a particular time Barrier to entry - correct answer An obstacle ...

AQA A Level Business Equations 100% Correct Total costs Fixed costs + variable costs Profit Total revenue - total costs Variable costs Variable cost per unit x number of units sold Total revenue Selling price per unit x number of units sold Market capitalisation Share price x number of shares Net gain Expected value - initial cost of decision Market growth (Change in size of market / size of market originally) x 100 Sales growth (Change in sales amount/ sales amount originally) x 100 Mar...

AQA A Level Business – Definitions 100% Correct Adverse varience When actual costs are higher than budget costs Autocratic When the manager makes all the decisions Bank overdraft The amount that can be overspent on a bank account (be overdrawn) Blake mouton grid The concern for people and production a manager has Boston matrix Product portfolio analysis of a business into 4 categories Branding how consumers recognise and identify with a product Break-Even The point when total sales is eq...

Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) Global Operations & Supply Chain Management Final Exam || Questions & Answers on MCQ, Descriptive and Numerical (Graded A+) What does operations and supply chain management involve? (6 elements) - ANSWER - product design purchasing manufacturing service operations logistics distribution Describe what operations and supply chain management is. - ANSWER - It ...

Capital The money provided by the owners in a business Capital expenditure Spending on business resources that can be used repeatedly over a period of time Internal finance Money generated by the business or its current owners Retained profit Profit after tax that is 'ploughed back' into the business Revenue expenditure Spending on business resources that have already been consumed or will be very shortly Sale and leaseback The practice of selling assets, such as property or machine...

Budget An agreed plan, establishing, in numerical and financial terms, the policy to be pursued and the anticipated outcomes of that policy SMART How budgets must be: Specific Measurable Agreed Realistic Timed Variance Analysis The process by which the outcomes of budgets are examined and then compared with the budgeted figures Favourable Variance When costs are less than expected, or revenue is more than expected Adverse Variance When costs are higher than expected or revenue is l...

7.5 Assignments 7.5.1 First semester assignments SEMESTER 1 ASSIGNMENT 01/2018 CLOSING DATE: 02 March 2018 UNIQUE NUMBER: WEIGHT: 40% of semester mark TL501: Learning units 1 – 4 Prescribed Book: Chapters 1 – 4 This assignment contributes 40% towards your semester mark. Please ensure that this assignment reaches the University before the due date. Answer all the questions on a mark-reading sheet or on myUnisa. IMPORTANT! The first ten multiple choice questions of thi...

2023 NEW Pearson Edexcel A-level Business Unit 2 Revision Notes(WBS12) Pearson Edexcel Business IAS Complete Revision Notes Unit 2: Managing Business Activities (Paper/Unit code: WBS12) created by phenomenotes MULTI-CHAPTERS;CHAPTER23-43 Course Structure CHAPTER: 23- Planning 3 24- Internal Finance 4 25- External Finance 6 26- Forms of Business 10 27- Forms of Business: PLCs 14 28- Liability 16 29- Sales, Revenue & Costs 19 30- Sales Forecasting 21 31- Br...

AQA A-Level Business Formulas 100% Correct Total Contribution Total Revenue - Total Variable Costs Contribution Per Unit Selling Price(per unit) - Variable Cost(per unit) Break Even Point Fixed Costs ∻ Contribution Per Unit Margin of Safety Actual level of Output - Breakeven level of Output Market Size(VOLUME) Is the quantity of goods & services produced in a particular market over a period of time (1 year) Market Size(VALUE) Is the total sales revenue generated from selling all of the go...

AQA_A Level Business Studies Paper 1_2020 A-level BUSINESS Paper 1 Business 1 Friday 22 May 2020 Morning Time allowed: 2 hours Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions in Section A and Section B. • Answer one question from Section C and one question from Section D. • You must answer the questions in...