Business 2.1

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  • Created by: SumedhaR
  • Created on: 13-10-19 19:35
Buying in bulk to reduce prices
Economies of scale
1 of 13
Acquiring a business operator earlier in the supply chain
Vertical Integration
2 of 13
Source of finance
Investor
3 of 13
The business finds money in itself
Internal Finance
4 of 13
Type of business that can only sell shares to friends and family
LTD
5 of 13
When the bank reposses assets if you can't pay the loan back
Collateral
6 of 13
Important business objective
Survival
7 of 13
Why a business's aims and objectives might change
Technology
8 of 13
A tax on imports
Tarrif
9 of 13
A business that trades in more than one country
Multinational
10 of 13
Selling to overseas market
Export
11 of 13
Business pays a seperate company to produce goods for them (an be same country or abroad)
Outsourcing
12 of 13
Why a business might offshore
Cost saving
13 of 13

Other cards in this set

Card 2

Front

Acquiring a business operator earlier in the supply chain

Back

Vertical Integration

Card 3

Front

Source of finance

Back

Preview of the front of card 3

Card 4

Front

The business finds money in itself

Back

Preview of the front of card 4

Card 5

Front

Type of business that can only sell shares to friends and family

Back

Preview of the front of card 5
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