Business

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  • Created by: 11ollane
  • Created on: 20-11-15 11:43
Profit
The difference between a business' income and its what its spent.
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Shareholder
People and organiszations that own a part (share) of a business.
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Market research
The process of gathering infomation about customers, competitors and market trends.
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Business Plan
A detailed report of a business' future proposals. it also examines the present market and provides finantial details. The business will use its business plan to help in meeting its aims and objectives.
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Stakeholder
An idividual or group with a direct interest in the business. For example: an employee, owner or stakeholder.
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Market Share
The percentage of the total sales of a market that a business holds.
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Econonies Of Scale
Costs saving achieved by a business as a result of the larger number of products it produces or services it offers.
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Other cards in this set

Card 2

Front

People and organiszations that own a part (share) of a business.

Back

Shareholder

Card 3

Front

The process of gathering infomation about customers, competitors and market trends.

Back

Preview of the back of card 3

Card 4

Front

A detailed report of a business' future proposals. it also examines the present market and provides finantial details. The business will use its business plan to help in meeting its aims and objectives.

Back

Preview of the back of card 4

Card 5

Front

An idividual or group with a direct interest in the business. For example: an employee, owner or stakeholder.

Back

Preview of the back of card 5
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