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  1. A Level
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Business Flashcards

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OCR A Level Business flashcards by topic: the key terms, formulae and case studies you need to recall for Component 01, Component 02 and Component 03.

Business activity

What is business activity?

Business structure

Stakeholders

Business size and growth

Scale of operations

Customer journey

Marketing

What is marketing?

Identifying and anticipating customer needs

Targeting customers

The marketing mix

Sales forecasting

Technology in marketing

Measuring marketing performance

People

What is human resource management?

Organisational design

Motivation

Leadership

Employer/employee relations

Recruitment and selection

Training and development

Measuring human resource performance

Operations

What is operations?

Productivity

Quality

Managing capacity

Inventory

Supply chain management and logistics

Measuring operational performance

Finance

What is finance?

Costs, revenue, profit and loss

Budgeting

Cash flow forecasting and liquidity

Sources of finance

Financial statements

Measuring financial performance

External influences

What is the market?

The global market

Political, economic, social and technological influences

Strategy, risk and managing change

Business planning

Business strategy

Strategic decision making and implementation

Investment decisions

Managing risk

Change management

Ethical, legal, environmental and sustainability issues