The difference between a business' income and its what its spent.
1 of 7
Shareholder
People and organiszations that own a part (share) of a business.
2 of 7
Market research
The process of gathering infomation about customers, competitors and market trends.
3 of 7
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.
5 of 7
Market Share
The percentage of the total sales of a market that a business holds.
6 of 7
Econonies Of Scale
Costs saving achieved by a business as a result of the larger number of products it produces or services it offers.
7 of 7
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
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
Card 5
Front
An idividual or group with a direct interest in the business. For example: an employee, owner or stakeholder.
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