Business Keywords

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What is it called when a business is run by 2-20 people?
Partnership
1 of 6
What is it called when a business acts morally?
Ethical
2 of 6
What does this equation calculate (Net profit/Cost of Sales) x 100?
Net Profit Margin
3 of 6
Which Stakeholer is interestd in high product quality and low cost?
Customer
4 of 6
What does ROCE stand for?
Return of Capital employeed
5 of 6
What is it called when a business is run by 1 person?
Sole Trader
6 of 6

Other cards in this set

Card 2

Front

What is it called when a business acts morally?

Back

Ethical

Card 3

Front

What does this equation calculate (Net profit/Cost of Sales) x 100?

Back

Preview of the front of card 3

Card 4

Front

Which Stakeholer is interestd in high product quality and low cost?

Back

Preview of the front of card 4

Card 5

Front

What does ROCE stand for?

Back

Preview of the front of card 5
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