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Initial assessment Btec business level 3 Flashcards | StudBud
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Initial assessment Btec business level 3
What does critical reflection mean?
What do the the 4 P's refer to?
Initial assessment Btec business level 3
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Initial assessment of knowledge.
Flashcards
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Questions
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Answers
1
What do the the 4 P's refer to?
Communication terms
Marketing terms
Finance terms
Business terms
2
What does critical reflection mean?
Mirror image
I don't know
A way of building theory onto experience and knowledge.
3
What does PESTLE analyse?
External environment
Marketing
Internal environment
Finance
4
What is an organisation?
A group of people at work
A team of people at work
A team with varied goals.
A group of people with a common goal
5
What is a balance sheet?
Presenting balancing information to make an argument
A financial account
Weighing up the pros and cons
I don't know
6
What does swot stand for?
Strength, willow, ordinary, tarot.
Strengths, weaknesses, opportunities and threats.
Staff, women, openings and training.
Strengths, weaknesses, openings, training
7
Verbal communication is the best way to communicate in business.
False
True
8
Have you studied business before?
No
Yes other
Yes Btec level 2 or GCSE
9
What are the 4 P's?
Price, product, place, promotion.
Physical, production, people, place.
Philosophy, politics, people and places.
Pride, prejudice, pressure and placement.