Enterprise
Free Junior Cycle Business Studies notes for Enterprise. Browse 13 topics and read online without an account.
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2. 1 Types of EnterpriseEnterprise turns creative ideas and opportunities into targeted actions that create value.2. 2 The EntrepreneurAn entrepreneur spots a gap in the market and takes personal and financial risks to set up a business.2. 3 Employment, Work and VolunteerismThis topic covers how people contribute their time and effort through employment, unpaid work, and volunteerism.2. 4 Rights & Responsibilities of Employers & EmployeesIn every workplace both the employer and the employee have rights (things they are entitled to) and responsibilities (things they must do).2. 5 How Organisations Impact the CommunityThis topic looks at how an organisation affects the community around it in three ways: economic, social and environmental.2. 6 Digital TechnologyDigital technology means the computers, phones, apps and networks a business uses to store information and do its daily work.2. 7 Market ResearchMarket research is the process of collecting and examining information about customer wants and market trends before making commercial choices.2. 8 The Marketing MixThe marketing mix is the combination of Product, Price, Place, and Promotion that an enterprise uses to reach buyers and generate sales.2. 9 Business PlanA business plan is a written roadmap that outlines what a business wants to achieve and exactly how it will get there.2.10 Business DocumentsBusiness documents are the written and digital records that track every stage of a transaction between buyers and sellers for accountability and tax purposes.2.11 Cash FlowCash flow is the movement of money into and out of an organisation over a period of time, planned using a cash budget.2.12 Cash Accounts & Trial BalanceThis topic covers how a business records incoming and outgoing money in an analysed cash account, posts totals into general ledger accounts, and extracts a…2.13 Final AccountsFinal accounts are financial statements prepared at the end of a trading year to show whether a business made a profit and to evaluate its overall financial…