All topics revision

5. A strategic planning tool that suggests businesses should be measured by more than just profit, including "People" and "Planet"
7. The model that analyzes the relationship between strategic direction and strategic methods (e.g., Market Penetration)
11. Carroll’s model that suggests businesses have economic, legal, ethical, and philanthropic duties
13. The amount of money a business needs to cover its day-to-day trading expenses (Current Assets - Current Liabilities)
14. A non-current asset’s loss in value over time due to wear and tear or obsolescence
15. The model used to assess the external environment: Political, Economic, Social, Technological, Legal, and Environmental

1. The process of transferring authority down the hierarchy to a subordinate
2. The legal process of a company being taken over by another against the wishes of its directors
3. A strategic tool used to analyze a product portfolio based on market share and market growth
4. A leadership style where the leader makes all decisions without consulting others
6. The difference between the actual level of output and the break-even level of output
8. A change in the scale of production that leads to a reduction in average unit costs
9. A method of lean production where components arrive just as they are needed in the assembly process
10. A visual tool used in project management to identify the sequence of tasks and the shortest time to completion
12. A motivation theorist who identified "hygiene factors" and "motivators"