business

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  • Created by: abbie0406
  • Created on: 08-05-17 22:06
the belief that managers and leaders have certain traits that distinguishes them from other people
trait theory
1 of 15
a mathematical model used by managers to help them make the right decision
decision trees
2 of 15
what type of leadership doesnt involve the team and has minimal delegation?
autocratic
3 of 15
what type of leadership lets the team get involved and encourages decentralisation?
democratic
4 of 15
what type of leadership is shown by leaders having little imput?
laissez faire
5 of 15
the value of sales made during a trading period
revenue
6 of 15
owned, financed and run by private individuals
private sector
7 of 15
state owned or government organisations
public sector
8 of 15
example of a fixed cost (m________)
machinery
9 of 15
example of variable costs
raw materials
10 of 15
individuals and groups directly affected by a businesses activity are p______ stakeholders
primary
11 of 15
targets a small population of the market and has production on small scale
niche market
12 of 15
methods of segmentation: geographic, behavioural, income and ...........
demographic
13 of 15
targets a large population with a generic product
mass market
14 of 15
sales volume, sales values, sales growth, market share and brand loyalty are all examples of what?
marketing objectives
15 of 15

Other cards in this set

Card 2

Front

a mathematical model used by managers to help them make the right decision

Back

decision trees

Card 3

Front

what type of leadership doesnt involve the team and has minimal delegation?

Back

Preview of the front of card 3

Card 4

Front

what type of leadership lets the team get involved and encourages decentralisation?

Back

Preview of the front of card 4

Card 5

Front

what type of leadership is shown by leaders having little imput?

Back

Preview of the front of card 5
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