→ Glossary → Start Learning / Flashcards Téléchargement MP3

question		réponse
Mission Statement commencer à apprendre		A statement of the organization's purpose - what it wants to accomplish in the larger environment. Vison or overall goal of the organization.
Aims commencer à apprendre		A goal the business sets for itself in order to measure how successful it is
Objectives commencer à apprendre		More specific goals of the business derived from the aims.
Strategies commencer à apprendre		Plans of action for achieving goals and objectives. How.
Private sector organisations commencer à apprendre		businesses owned by individuals
Public sector organisations commencer à apprendre		Businesses owned by the government.
Ethics commencer à apprendre		Business Morals
(smart) S=? commencer à apprendre		specific
(smart) M=? commencer à apprendre		measurable
(smart) A=? commencer à apprendre		attainable
(smart) R=? commencer à apprendre		realistic
(smart) T=? commencer à apprendre		timely
Profit commencer à apprendre		Total Revenue - Total Cost
Financial Gain commencer à apprendre		Ganancia financiera
Total Revenue commencer à apprendre		Quantity x Price
Total Costs commencer à apprendre		Fixed costs + Variable costs
Fixed costs commencer à apprendre		Costs that do not vary with the quantity of output produced
Variable costs commencer à apprendre		costs that vary with the quantity of output produced
Loans commencer à apprendre		a sum of money borrowed that is expected to be paid back with interest.
cost commencer à apprendre		An expense paid to run a buisness
limited liability commencer à apprendre		A form of business ownership in which the owners are liable only up to the amount of their individual investments.
unlimited liability commencer à apprendre		The owner is personally and fully responsible for all losses and debts of the business. May have to sell personal possessions.
Consumers commencer à apprendre		People who buy and use goods and services.
labour commencer à apprendre		productive work done for wages
Entrepreneur commencer à apprendre		A person who starts up and takes on the risk of a business
Stakeholders commencer à apprendre		All the people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.
market commencer à apprendre		a group of buyers and sellers of a particular good or service
Niche commencer à apprendre		a small specialized market with specific needs
Marketing commencer à apprendre		any paid form of non-personal presentation and promotion of goods or services by an identified sponsor
Brand Image commencer à apprendre		The consumers' beliefs about the company and/or its goods or services often in terms of quality, price, value and ethics
Market Share commencer à apprendre		the ratio of sales revenue of the firm to the total sales revenue of all firms in the industry, including the firm itself
Supply commencer à apprendre		The quantity of something that is available for sale
Demand commencer à apprendre		Consumer willingness and ability to buy products
multiplier effect commencer à apprendre		An effect in economics in which an increase/decrease in spending produces an increase/decrease in national income and consumption greater/lesser.

Glossary

Vous devez vous connecter pour poster un commentaire.

plus