Acronyms (1 Viewer)

[krnofdrg]

Guys can you share some more acronyms also here for the syllabus? the other thread doesn't seem to have any good ones ...

 

[TomTom123]

Re: Business Studies Marathon

Reasons for expansion

AMERTICDA

External sources of any questions asked

GLETSPC

geographic, legal, economic, techo, social, political and comp

Reasons for resistance to change

Financial costs
Inerta
Cultural imcomp
Deskilling
Acquire new skill
Loss of career propsects

 

[TomTom123]

Re: Business Studies Marathon

the main one is GLETSPC you can answer anything with this you just have to twist it to the topic it is asking. e.g. economic influences to ER would be recessions and booms whereas in global it would be similar but also it would involve interest rates and currency fluctuations

 

[kaur154]

Re: Business Studies Marathon

Financial planning cycle
ADD/M/PIMP/M
Addressing present financial position
Determining financial elements of the plan
Developing budgets
Monitoring cash flow
Preparing financial reports
Interpreting financial reports
Maintaining record systems
Planning financial controls
Minimising financial risks and losses

 

[kaur154]

Re: Business Studies Marathon

there's similar one to this as well PESTEL
Political
Environment
Social
Technology
Economic
Legal

 

[krnofdrg]

Re: Business Studies Marathon

Financial planning cycle
ADD/M/PIMP/M
Addressing present financial position
Determining financial elements of the plan
Developing budgets
Monitoring cash flow
Preparing financial reports
Interpreting financial reports
Maintaining record systems
Planning financial controls
Minimising financial risks and losses

ooo i was looking for this one!! cheers!! rep for you!