Any message that a firm pays for, which promote the firm or it's products.
Advertising
1 of 10
An overall goal that a business is trying to achieve.
Aim
2 of 10
A method of training where someone works and learns about their trade at the same time, and is awarded a qualification once they have gained a certain level of skill.
Apprenticeship
3 of 10
The average rate of return on an investment
ARR
4 of 10
A valuable item owned by a business, or money owned to the business
Asset
5 of 10
Power that people in an organisational structure have over the people in the layers below.
Authority
6 of 10
When a machine works by itself, with little or no human involvement.
Automation
7 of 10
Where a worker is given the freedom to make their own decisions in their job.
Autonomy
8 of 10
How much each product costs to make (calculated by dividing total costs by output).
Average unit cost
9 of 10
A method of motivation where employees are given recognition for hard work.
Award scheme
10 of 10
Other cards in this set
Card 2
Front
An overall goal that a business is trying to achieve.
Back
Aim
Card 3
Front
A method of training where someone works and learns about their trade at the same time, and is awarded a qualification once they have gained a certain level of skill.
Back
Card 4
Front
The average rate of return on an investment
Back
Card 5
Front
A valuable item owned by a business, or money owned to the business
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