Business Definitions 0.0 / 5 ? Business StudiesDefinitionsASNone Created by: SamSmith2001Created on: 02-05-18 11:17 Above the line promotion A paid form of promotion where a commission is paid by the media to an agency. 1 of 18 Administration Where directors hand over ownership to an administrator (usually an accountant). 2 of 18 Angel Investors Investors who back a business prior to trading taking a full equity risk. 3 of 18 Autocratic Manager Keep most authority to themselves, they do not delegate much to employees. 4 of 18 Below the line promotion A range of promotional methods such as personal selling, direct marketing and PR. 5 of 18 Break Even The point at which the total sales revenue matches the total costs. 6 of 18 Business Plan A report to show the plans of the business, providing information about market opportunity. 7 of 18 Democratic Manager Takes the views of subordinates into account when making decisions. 8 of 18 Paternalistic Manager Believes they know best for employees, tend to tell employees what to do. 9 of 18 Laissez-Faire Hands of approach to leadership, little guidance and direction. 10 of 18 Cash Cow A product with high market share and low growth. 11 of 18 Cash Flow The cycle of money that enters and leaves a business as it makes and receives payment 12 of 18 Crowdfunding Obtaining external finance from many individuals. 13 of 18 Delegation The manager passing down authority to a subordinate 14 of 18 Contribution The amount of money made by a single product above it's own production cost 15 of 18 Consumer demand The level of spending by consumers in general 16 of 18 Dividends Annual payments made to shareholders. 17 of 18 Dog A product with a low market share and low growth. 18 of 18
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