Business Studies Unit 2 Definition

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Adverse Variance
A difference between actual and budgeted amounts which is bad news - e.g. higher than budgeted costs
1 of 5
Advertising
Paid for communication, aimed at informing or persuading
2 of 5
Assessment Centres
Where a recruiting firm runs a series of extended selection procedures, each lasting one or two days or sometimes longer
3 of 5
Automation
The replacement of workers with machines to perform task in production
4 of 5
Boston Matrix
A model which analyses the product portfolio of a bu
5 of 5

Other cards in this set

Card 2

Front

Paid for communication, aimed at informing or persuading

Back

Advertising

Card 3

Front

Where a recruiting firm runs a series of extended selection procedures, each lasting one or two days or sometimes longer

Back

Preview of the back of card 3

Card 4

Front

The replacement of workers with machines to perform task in production

Back

Preview of the back of card 4

Card 5

Front

A model which analyses the product portfolio of a bu

Back

Preview of the back of card 5

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