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Market Where buyers and sellers come together to exchange goods or services for. Public Limited
Company A company where shares may be sold to the general public through the stock. Motivation
Encouragement of employees to work successfully. Balance sheet An account that gives a statement
of a firm’s wealth on a particular date and. Value added The difference between the value paid for
the inputs used in production and the. Trade union A group of workers who join together to ensure
that their interests are protected. McGregor The theory of management in which workers are defined
as theory X or. Set and published by the Assessment and Qualifications Alliance. Net profits The
difference between Gross Profit and Expenses. Assisted areas Large areas or parts of a region that
are identified for assistance by the. Empty reply does not make any sense for the end user Submit
reply Cancel See more Report this resource to let us know if it violates our terms and conditions.
Reviews Select overall rating (no rating) Your rating is required to reflect your happiness. Branding
Identifying a product by giving it a unique brand name and making it special in. Diversification This
is when a business expands by moving into new markets. Go slow A form of industrial action when
the employees do their normal tasks more. Theme E- crime and punishment ?30.00 Reviews Select
overall rating (no rating) Your rating is required to reflect your happiness. Public relations Keeping
the product in the public eye in ways other than promotion. Conglomerate A business that operates in
many different markets. Empty reply does not make any sense for the end user Submit reply Cancel
TES Resource Team 9 years ago report 5 Thank you for sharing your resource. Contract of
Employment A written document detailing an employee’s terms and conditions of. Span of control
The number of people or departments that a person has under their command. Quality assurance
Quality is checked both during and at the end of production. Limited liability Responsibility for debt
is limited to the amount of money put into a business. Hierarchy An organisation in which power
and responsibility are built up in layers with the. See other similar resources ?4.00 (no rating) 0
reviews BUY NOW Save for later Not quite what you were looking for. Empty reply does not make
any sense for the end user Submit reply Cancel noellel1 9 years ago report 5 excellent resource I
have been using this with my first year 11 group Empty reply does not make any sense for the end
user Submit reply Cancel TES Resource Team 9 years ago report 5 Thank you for sharing your
resource. Cost plus pricing The cost of making the product plus a percentage for profit mark up.
Write a review Update existing review Submit review Cancel It's good to leave some feedback.
Board of directors Appointed by shareholders to decide policy and run the company. Minimum wage
The lowest sum an employer can legally pay an employee.
Market leader The number one firm in the market for a particular product measured by its. External
benefits Benefits to the community when some sort of productive activity or. Market segmentation
The methods used to divide up consumers eg age, income. Job description A document which
outlines the responsibilities and duties expected of an. Picketing Employees support industrial action
by protesting outside their work place. Go slow A form of industrial action when the employees do
their normal tasks more. Monetary policy Controls on the amount of money available in the economy
and on interest rates. Borrowed funds Money that is borrowed in some way and will have to be
repaid, usually with an. Performance related pay Pay related to the effectiveness of the employee.
Laissez faire leadership Employees are left to make many of the decisions rather than receiving clear.
What's more, your paper will be thoroughly analyzed and improved in terms of the overall structure
and content flow. Reviews Select overall rating (no rating) Your rating is required to reflect your
happiness. Go slow A form of industrial action when the employees do their normal tasks more.
Long term liabilities Capital borrowed for use in a business to be repaid in a time period of longer.
Training The teaching of skills and the application of knowledge for work. Point of sale (POS) The
actual place where the product is being sold. Stock control A method of assessing when stock has to
be re-ordered. Total costs The combined total of fixed costs and variable costs for any level of
output. Bundle AQA RELIGIOUS STUDIES GCSE REVISION BUNDLE here is a bundle of
revision resources for the following topics for the AQA religious studies GCSE specification.
Corporation Tax The tax paid by businesses on their profits. Total quality Everyone in the workplace
is encouraged to aim for higher quality in everything. Targeted sampling A specific age, gender or
socio-economic group is identified for sampling. This resource hasn't been reviewed yet To ensure
quality for our reviews, only customers who have purchased this resource can review it Report this
resource to let us know if it violates our terms and conditions. Balance sheet An account that gives a
statement of a firm’s wealth on a particular date and. Democratic leadership This style of
management allows employees to take part in decision making. Predator pricing Setting a price low
enough to drive competitors out of the market. Quality control Checks are made on the final
products for possible defects. Vertical integration One firm merges with another at a different stage
in the production chain. This resource hasn't been reviewed yet To ensure quality for our reviews,
only customers who have purchased this resource can review it Report this resource to let us know if
it violates our terms and conditions. Salary A system of pay based on an annual income, paid
monthly or weekly, that may.
Gross profit The difference between sales revenue and cost of sales. Non price competition This is
where firms compete on product, promotion and place but not using. Disposable income The money
available for use by a consumer after taxes, national insurance and. Running costs Costs paid out at
regular intervals to keep the business running. Expenses All the operating costs of a firm, sometimes
called overheads. Payment by results A payment system based on the quantity and perhaps quality of
work completed. Work to rule Industrial action where rules are strictly obeyed to slow down work.
Job specification Document which outlines the requirements, qualifications and expertise required.
Single status All workers, managers etc are treated the same. Public relations Keeping the product in
the public eye in ways other than promotion. Conciliation An independent person listens to both sides
in a dispute and tries to find a way. Strikes Industrial action where employees refuse to work.
Packaging The physical container or wrapping for a product also used for promotion. Recruitment An
attempt to increase the number of employees. Our customer service team will review your report and
will be in touch. ?2.00 (no rating) 0 reviews BUY NOW Save for later ?2.00 (no rating) 0 reviews
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lawrencecampbell 1.00 1 reviews Not the right resource. Bundle AQA RELIGIOUS STUDIES
GCSE REVISION BUNDLE here is a bundle of revision resources for the following topics for the
AQA religious studies GCSE specification. Annual general meeting A legal requirement to hold a
meeting once a year for all shareholders to vote in. Economies of scale These are the advantages of
producing large quantities of output. Flow production The manufacturing of identical goods in large
numbers on a continuous. Borrowed funds Money that is borrowed in some way and will have to be
repaid, usually with an. Inflation A rise in average price levels of goods and services measured by the
retail price. See other similar resources ?0.00 5.00 1 review Download Save for later Not quite what
you were looking for. Retained profit Profits kept back in the company as a reserve or for re-
investment. Point of sale (POS) The actual place where the product is being sold. Appropriation
account The section of the profit and loss account showing what happens to any net. Industrial
action The action taken by employees to slow down or halt the production of goods or. Total quality
Everyone in the workplace is encouraged to aim for higher quality in everything. Running costs
Costs paid out at regular intervals to keep the business running. Job production Producing a single
one-off product or service to meet the individual. Enterprise zone A small area usually with high
unemployment given special help by the.
For example, first-time buyers can save up to 15%, while returning customers benefit greatly from
our Loyalty Program. This will be useful for the new AQA Spec A GCSE Grade 9-1 Religious
Studies specification ?60.00 Reviews Select overall rating (no rating) Your rating is required to
reflect your happiness. External costs These are costs suffered by the community when a productive
activity or. Batch production The production of a similar or identical good in batches with
production stopped. Go slow A form of industrial action when the employees do their normal tasks
more. Organisational structure The levels of management and division of responsibilities within an.
See other similar resources ?5.00 (no rating) 0 reviews BUY NOW Save for later Not quite what you
were looking for. Theme E- crime and punishment ?30.00 Review 5 Select overall rating (no rating)
Your rating is required to reflect your happiness. Public Limited Company A company where shares
may be sold to the general public through the stock. Point of sale (POS) The actual place where the
product is being sold. Price leader The major firms in the market set the price most others follow.
Health and safety Regulations to ensure the health and safety of employees. Quality assurance
Quality is checked both during and at the end of production. Balance of payments A record of the
UK’s trade with the rest of the world that includes all. I similarly embraced a children’s affair in my
mumsnet article, though through expressing vaccinations as a prerequestie for childhood. Product
range The different types of product that a firm produces to try to reach different parts. Mediation
An independent person who listens to both sides in a dispute and proposes a way. Profit after tax
Net profit minus tax paid to the government. Not a bit of personal data that could identify you is
shared with third parties. Grants Money given to a firm to help it to operate and expand. See other
similar resources ?0.00 5.00 1 review Download Save for later Not quite what you were looking for.
Recruitment An attempt to increase the number of employees. If gives ideas about content that needs
to be included and also has the breakdown to assist them in self assessment. Break even point The
level of sales at which total costs equal total revenue. Imports The purchase of goods or services from
overseas. Horizontal integration One firm merging with another in the same industry at the same
stage of. Factoring Selling debt to a third party, who will then collect the debt. Non price competition
This is where firms compete on product, promotion and place but not using. Also, all users regularly
get promo codes and special offers on various occasions. Profit after tax Net profit minus tax paid to
the government.