Busines Unit 4 key words

Corporate Objectives

Mission Statement

CSR

Corporate Culture

How is Corporate Culture formed?

Portfolio Analysis

Corporate Strategy

Porter's Strategic Mix

PLC's in relation to corporate objectives

Sole-traders, Private Limited in relation to corporate objectives

Conglomerate

Corporate Aims

Content of Mission Statement

Diseconomies of Scale

Why may Diseconomies of Scale occur with expansion

Advantages of Stakeholder Approach

Disadvantages of Stakeholder Approach

Classification of Company Cultures

Boston Matrix

Competitive Advantage

According to Porter's Strategic Matrix, what are the 5 forces that determine the profitability in an industry?

Definition of Backward Integration

Definition of Forward Integration

Strategic Decision

Tactical decisions

2 Examples of Strategic Decisions

2 Examples of Tactical Decisions

Ansoff's Matrix

Market Penetration

Market Development

Diversification

Investment Appraisal

Payback Period

Average Rate of Return

Average Rate of Return Formula (ARR) %

Annual Profit as a % of the initial investment

What are the four parts to a decision tree

Network analysis/Path

Float Time Calculation

Acid Test Ratio

Acid Test Ratio Formula

What would a business consider when receiving a contribution and special order

Contingency Planning

Substitutes

Ratio Analysis

Cost of Sales

Gross Profit Formula

Gross Profit Margin Formula

Net Profit

Net Profit Margin Formula

ROCE Formula

Working Capital (net assets) Formula

Net Assets Formula

Capital Employed

ROC (RETURN ON CAPITAL)

Current Ratio

Window Dressing

Labour Productivity Formula

Labour Turnover Formula

Organic Growth

Inorganic Growth

Mergers

Takeover