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OCR GCSE Business

GCSE · OCRBusiness Studies543 cards

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Flashcards for OCR GCSE Business (J204), split into Business 1 and Business 2, the two papers, and then by the specification's own numbered topics. Covers definitions, each advantage and disadvantage the specification asks for, and the calculations from its quantitative skills requirement, including revenue, gross and net profit margin, average rate of return and break-even quantity.

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What is inside (40 subdecks)

  • Business 1: business activity, marketing and people (Paper 1)299 cards
    • 1. Business activity104 cards
      • 1.1 The role of business enterprise and entrepreneurship15 cards
      • 1.2 Business planning10 cards
      • 1.3 Business ownership27 cards
      • 1.4 Business aims and objectives17 cards
      • 1.5 Stakeholders in business13 cards
      • 1.6 Business growth22 cards
    • 2. Marketing90 cards
      • 2.1 The role of marketing8 cards
      • 2.2 Market research29 cards
      • 2.3 Market segmentation10 cards
      • 2.4 The marketing mix: price, product, promotion and place43 cards
    • 3. People105 cards
      • 3.1 The role of human resources6 cards
      • 3.2 Organisational structures and different ways of working38 cards
      • 3.3 Communication in business7 cards
      • 3.4 Recruitment and selection17 cards
      • 3.5 Motivation and retention14 cards
      • 3.6 Training and development16 cards
      • 3.7 Employment law7 cards
  • Business 2: operations, finance and influences on business (Paper 2)244 cards
    • 4. Operations68 cards
      • 4.1 Production processes19 cards
      • 4.2 Quality of goods and services13 cards
      • 4.3 The sales process and customer service14 cards
      • 4.4 Consumer law5 cards
      • 4.5 Business location6 cards
      • 4.6 Working with suppliers11 cards
    • 5. Finance118 cards
      • 5.1 The role of the finance function5 cards
      • 5.2 Sources of finance30 cards
      • 5.3 Revenue, costs, profit and loss46 cards
      • 5.4 Break-even12 cards
      • 5.5 Cash and cash flow25 cards
    • 6. Influences on business39 cards
      • 6.1 Ethical and environmental considerations17 cards
      • 6.2 The economic climate8 cards
      • 6.3 Globalisation14 cards
    • 7. The interdependent nature of business19 cards

Some of its cards

  • Give a method of business communication, besides email and phone.
    Letter, text, meeting or presentation, social media or website
  • Revenue
    The total income a business receives from selling its goods or services, before any costs are taken away
  • Making a single, often unique, product to meet a specific customer's exact requirements
    Job production
  • The movement of money into and out of a business
    Cash flow
  • Economic climate
    The general state of the economy, including how it is affecting businesses and consumers at a given time
  • Growth a business achieves internally, using its own resources and profits, rather than by joining with another business
    Organic growth
  • Quality (in business)
    A product or service that is fit for purpose and meets the standard customers expect
  • Financial motivation
    Motivating employees using money or money's worth
  • Dividing a market up into groups of customers with similar characteristics
    Market segmentation
  • Give an area of employment that legislation covers, besides discrimination.
    An employee's right to a contract, holiday entitlement or hours of work

And 533 more once you add the deck.