IB/Business Management/Flashcards

Business Management Flashcards

Notes Cheatsheets Predicted Papers Guides Documents Flashcards

1.1.1 Nature of businesses1 deck10 cards

1.1.2 Business functions1 deck21 cards

1.1.3 Primary, secondary, tertiary, and quaternary sectors1 deck16 cards

1.1.4 Process of starting a business1 deck15 cards

1.1.5 Opportunities of a new business1 deck19 cards

1.1.6 Challenges of a new business1 deck22 cards

1.2.1 Private versus public sectors1 deck17 cards

1.2.2 Sole Traders1 deck20 cards

1.2.3 Partnerships1 deck20 cards

1.2.4 Privately Held Companies1 deck19 cards

1.2.5 Publicly Held Companies1 deck18 cards

1.2.6 For-Profit Social Enterprises1 deck15 cards

1.2.7 Cooperatives1 deck27 cards

1.2.8 Non-Profit Social Enterprises (NGOs)1 deck18 cards

1.3.1 Vision Statement and Mission Statement1 deck21 cards

1.3.2 Common Business Objectives1 deck19 cards

1.3.3 Strategic and Tactical Objectives1 deck22 cards

1.4.1 Internal and External Stakeholders1 deck29 cards

1.4.2 Conflict Between Stakeholders1 deck21 cards

1.5.1 Internal and External Economies and Diseconomies of Scale1 deck19 cards

1.5.2 The Difference Between Internal and External Growth1 deck17 cards

1.5.3 Reasons for Businesses to Grow1 deck24 cards

1.5.4 Reasons for Businesses to Stay Small1 deck22 cards

1.5.5 External Growth Methods1 deck22 cards

1.6.1 Economic Contributions of MNCs1 deck22 cards

1.6.2 Social and Cultural Impacts of MNCs1 deck18 cards

1.6.3 Environmental Effects of MNCs1 deck17 cards

1.6.4 Ethical Considerations and Criticisms of MNCs1 deck17 cards

1.6.5 Dependency on MNCs1 deck13 cards

2.1.1 Role of Human Resource Management1 deck22 cards

2.1.2 Internal and External Factors Influencing Human Resource Planning1 deck18 cards

2.1.3 Reasons for Resistance to Change in the Workplace1 deck20 cards

2.1.4 Human Resource Strategies for Managing Change and Resistance1 deck22 cards

2.2.1 Terminology of Organizational Structures1 deck25 cards

2.2.2 Types of Organization Charts1 deck20 cards

2.2.3 Appropriateness of Organizational Structures1 deck19 cards

2.2.4 Changes in Organizational Structures (HL Only)1 deck21 cards

2.3.1 Scientific and Intuitive Thinking/Management (HL Only)1 deck14 cards

2.3.2 Management and Leadership1 deck17 cards

2.3.3 Leadership Styles1 deck37 cards

2.4.1 Motivation Theories 1 deck18 cards

2.4.2 Motivation Theories (HL Only)1 deck22 cards

2.4.3 Labour Turnover (HL Only)1 deck19 cards

2.4.4 Types of Appraisal (HL Only)1 deck21 cards

2.4.5 Methods of Recruitment (HL Only)1 deck16 cards

2.4.6 Financial Rewards1 deck36 cards

2.4.7 Non-Financial Rewards1 deck22 cards

2.4.8 Teamwork1 deck15 cards

2.4.9 Types of Training1 deck23 cards

2.5.1 Organizational Culture1 deck34 cards

2.5.2 Individuals and Organizational Culture1 deck25 cards

2.5.3 Cultural Clashes1 deck15 cards

2.6.1 Formal and Informal Methods of Communication1 deck23 cards

2.6.2 Barriers to Communication1 deck17 cards

2.7.1 Sources of Conflict in the Workplace1 deck20 cards

2.7.2 Approaches to Conflict in the Workplace1 deck24 cards

2.7.3 Approaches to Conflict Resolution1 deck20 cards

3.1.1 Role of Finance for Businesses1 deck13 cards

3.2.1 Internal Sources of Finance1 deck19 cards

3.2.2 External Sources of Finance1 deck20 cards

3.2.3 Internal vs. external sources and implications1 deck23 cards

3.3.1 Types of Costs1 deck17 cards

3.3.2 Total Revenue and Revenue Streams1 deck24 cards

3.3.3 Implications of Costs and Revenues1 deck22 cards

3.4.1 Purpose of Accounts to Different Stakeholders1 deck21 cards

3.4.2 Final Accounts1 deck22 cards

3.4.3 Intangible Assets1 deck22 cards

3.4.4 Depreciation Methods (HL Only)1 deck23 cards

3.4.5 Appropriateness of Depreciation Methods (HL Only)1 deck21 cards

3.5.1 Profitability Ratios1 deck17 cards

3.5.2 Strategies to Improve Profitability Ratios1 deck21 cards

3.5.3 Liquidity Ratios1 deck14 cards

3.5.4 Strategies to Improve Liquidity Ratios1 deck36 cards

3.6.1 Efficiency Ratios1 deck21 cards

3.6.2 Strategies to Improve Efficiency Ratios1 deck21 cards

3.6.3 Insolvency vs. Bankruptcy1 deck21 cards

3.7.1 Difference Between Profit and Cash Flow1 deck13 cards

3.7.2 Working Capital1 deck22 cards

3.7.3 Liquidity Position1 deck17 cards

3.7.4 Cash Flow Forecasts1 deck10 cards

3.7.5 Relationship Between Investment, Profit, and Cash Flow1 deck23 cards

3.7.6 Strategies for Dealing with Cash Flow Problems1 deck21 cards

3.8.1 Investment Appraisal Techniques1 deck22 cards

3.8.2 Net Present Value (HL only) 1 deck19 cards

3.8.3 Application of Investment Appraisal1 deck13 cards

3.9.1 Cost and Profit Centres1 deck19 cards

3.9.2 Constructing a Budget1 deck29 cards

3.9.3 Variances1 deck21 cards

3.9.4 Importance of Budgets and Variances in Decision-Making1 deck20 cards

4.1.1 Market Orientation vs. Product Orientation1 deck17 cards

4.1.2 Market Share1 deck17 cards

4.1.3 Market Growth1 deck17 cards

4.1.4 Importance of Market Share and Market Leadership (HL Only)1 deck21 cards

4.2.1 The Role of Marketing Planning1 deck21 cards

4.2.2 Segmentation, Targeting, and Positioning1 deck20 cards

4.2.3 Niche Market vs. Mass Market1 deck20 cards

4.2.4 Importance of Having a Unique Selling Proposition (USP)1 deck19 cards

4.2.5 Differentiation Strategies1 deck20 cards

4.3.1 Benefits and Limitations of Sales Forecasting1 deck20 cards

4.4.1 Why Organizations Conduct Market Research1 deck21 cards

4.4.2 Methods of Primary Market Research1 deck21 cards

4.4.3 Methods of Secondary Market Research1 deck41 cards

4.4.4 Qualitative vs. Quantitative Research1 deck23 cards

4.4.5 Sampling Methods1 deck22 cards

4.5.1 Product1 deck20 cards

4.5.2 Branding1 deck21 cards

4.5.3 Price1 deck47 cards

4.5.4 Promotion1 deck18 cards

4.5.5 Place1 deck24 cards

4.5.6 People1 deck21 cards

4.5.7 Processes1 deck23 cards

4.5.8 Physical Evidence1 deck38 cards

4.5.9 Appropriate Marketing Mixes1 deck23 cards

4.6.1 Opportunities of International Marketing1 deck20 cards

4.6.2 Threats of International Marketing1 deck20 cards

4.6.3 Strategic Considerations for International Marketing1 deck46 cards

5.1.1 The Role of Operations Management1 deck19 cards

5.2.1 Job Production1 deck19 cards

5.2.2 Batch Production1 deck17 cards

5.2.3 Mass/Flow Production1 deck20 cards

5.2.4 Mass Customization1 deck25 cards

5.3.1 Features of Lean Production1 deck16 cards

5.3.2 Methods of Lean Production1 deck20 cards

5.3.3 Cradle-to-Cradle Design and Manufacturing1 deck32 cards

5.3.4 Quality Control vs. Quality Assurance1 deck20 cards

5.3.5 Methods of Managing Quality1 deck19 cards

5.3.6 Impact of Lean Production and TQM on an Organization1 deck8 cards

5.3.7 Importance of National and International Quality Standards1 deck22 cards

5.4.1 Reasons for a Specific Location of Production1 deck19 cards

5.4.2 Reorganizing Production Nationally and Internationally1 deck19 cards

5.5.1 Total Contribution vs. Contribution per Unit1 deck16 cards

5.5.2 Aspects of a Break-Even Chart1 deck20 cards

5.5.3 Effects of Changes in Price or Cost on Break-Even Analysis1 deck10 cards

5.5.4 Limitations of Break-Even Analysis1 deck10 cards

5.6.1 The Local and Global Supply Chain Process1 deck22 cards

5.6.2 JIT vs. Just-in-Case (JIC)1 deck17 cards

5.6.3 Stock Control Charts1 deck16 cards

5.6.4 Productivity Metrics1 deck22 cards

5.6.5 Cost to Buy (CTB) vs. Cost to Make (CTM)1 deck18 cards

5.7.1 Crisis Management vs. Contingency Planning1 deck19 cards

5.7.2 Factors Affecting Effective Crisis Management1 deck17 cards

5.7.3 Impact of Contingency Planning1 deck27 cards

5.8.1 Importance of Research and Development (R&D)1 deck22 cards

5.8.2 Addressing Customers’ Unmet Needs1 deck22 cards

5.8.3 Intellectual Property Protection1 deck21 cards

5.8.4 Innovation1 deck21 cards

5.9.1 Data Analytics1 deck22 cards

5.9.2 Databases1 deck20 cards

5.9.3 Cybersecurity and Cybercrime1 deck15 cards

5.9.4 Critical Infrastructures1 deck23 cards

5.9.5 Virtual Reality1 deck22 cards

5.9.6 Internet of Things (IoT)1 deck22 cards

5.9.7 Artificial Intelligence (AI)1 deck16 cards

5.9.8 Big Data1 deck21 cards

5.9.9 Customer Loyalty Programs1 deck21 cards

5.9.10 Managing and Monitoring Employees: Digital Taylorism1 deck18 cards

5.9.11 Data Mining for Decision-Making1 deck21 cards

5.9.12 Benefits, Risks, and Ethical Implications of Advanced Technologies1 deck21 cards

SWOT analysis1 deck22 cards

Ansoff matrix1 deck23 cards

STEEPLE analysis1 deck33 cards

Boston Consulting Group (BCG) matrix1 deck19 cards

Business plan1 deck16 cards

Decision trees1 deck10 cards

Descriptive statistics1 deck22 cards

Circular business models1 deck23 cards

Force field analysis (HL only)1 deck32 cards

Gantt chart (HL only)1 deck20 cards

Hofstede's cultural dimensions (HL only)1 deck36 cards

Porter's generic strategies (HL only)1 deck19 cards

Contribution (HL only)1 deck17 cards

Critical path analysis (HL only)1 deck20 cards

Simple linear regression (HL only)1 deck21 cards