an organisation that is owned by and run for the benefit of its current and future members.
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share capital
the total value of the issued shares of a public limited company.
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market size
The number of individuals in a certain market who are potential buyers and/or sellers of a product or service.
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sales volume
the quantity or number of products sold or services provided by a company in a particular period of time
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what is sales value?
the amount of money which would be received if something is sold.
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market share
the percentage of total sales of a product or service achieved by one business compared with the total sales in a market.
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sales growth
The amount by which the average s0ales volume of a company's products or services has grown, typically from year to year. usually measured as a percentage.
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what is the calculation for percentage change?
new figure-original figure/original figure x100
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what is the calculation for market growth?
new market size-original market size/original market size x 100
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what is the calculation for sales growth?
new sales-original sales/original sales x100
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what is the calculation for market share?
sales of one brand/sales in the market x 100
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span of control
the number of people to which an individual is responsible for.
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chain of command
a sysetem in an organsiion by which instructions are passed from one to another
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layers of hiarachy
the arrangement of employees into levels.
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delegation
someone who is chosen.
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bureaucracy
a syestem of government in which most of the important decisions are taken by state officials.
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extrapolation
uses trends established from historical data to forecast the future.
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sponsorship
companies pay to be associated with a particuler event or person.
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promotion
refers to raising customer awareness of a product or brand.
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marketing
the management process responsible for identifying and anticipating customer needs.
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Other cards in this set
Card 2
Front
mutual organinisation
Back
an organisation that is owned by and run for the benefit of its current and future members.
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