Business Environment

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detailed report of a business's future plans
Business Plan
1 of 17
earning enough money to cover costs
Break Even
2 of 17
summarises what a business stands for
Mission Statement
3 of 17
goods waiting to be sold
Stock
4 of 17
encouraging staff to find a reason behind their work
Motivate
5 of 17
people who have an interest in an organisation
Stakeholders
6 of 17
Everything a business owns
Assets
7 of 17
creation of products and services by a business
Production
8 of 17
rwards to convince a business to relocate to deprived areas
Incentives
9 of 17
oraganisation that represents rights of employees
Trade union
10 of 17
a business that may take away sales and customers away from another business
Competitor
11 of 17
additional pay to reward employees effort
Bonuses
12 of 17
a share of profit a business recieved by those who own shares in it
Dividend
13 of 17
an agreement between european countries to make trade between them easier
European Union
14 of 17
Voting process to elect members of parliament
Election
15 of 17
an employee who reports to a manager
Subordinate
16 of 17
things needed to carry out a task
Resources
17 of 17

Other cards in this set

Card 2

Front

earning enough money to cover costs

Back

Break Even

Card 3

Front

summarises what a business stands for

Back

Preview of the front of card 3

Card 4

Front

goods waiting to be sold

Back

Preview of the front of card 4

Card 5

Front

encouraging staff to find a reason behind their work

Back

Preview of the front of card 5
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