business 0.0 / 5 ? Business StudiesbusinessA2/A-levelEdexcel Created by: abbie0406Created 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
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