More cards in this set

Card 6

Front

Business with several significant activities in diverse markets

Back

Preview of the front of card 6

Card 7

Front

Legislation designed to protect consumers in their dealings with businesses (e.g. Sale of Goods Act)

Back

Preview of the front of card 7

Card 8

Front

Planning for specific situations or risks which will threaten a business if things go wrong

Back

Preview of the front of card 8

Card 9

Front

Objectives that support the achievement of corporate aims; typically at strategic level

Back

Preview of the front of card 9

Card 10

Front

Where businesses address social and environmental considerations as part of normal business activities

Back

Preview of the front of card 10

Card 11

Front

Financial crisis of 2007-9 which led to lower bank lending as a result of declining confidence amongst financial institutions

Back

Preview of the front of card 11

Card 12

Front

The reduction of layers in the organisational hierarchy in order to improve decision-making and cut costs

Back

Preview of the front of card 12

Card 13

Front

When two or more firms are split into separate organisations with new ownership

Back

Preview of the front of card 13

Card 14

Front

Sale of a business unit by a firm

Back

Preview of the front of card 14

Card 15

Front

Expanding into different new markets with new products (Ansoff's riskiest)

Back

Preview of the front of card 15
View more cards