business unit 3

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  • Created by: evemay_13
  • Created on: 25-04-18 12:28
goods flow along a production line without a break
flow production
1 of 21
replacing humans with machines
automation
2 of 21
when employment and consumer income are rising
economic growth
3 of 21
when employment and consumer incomes are falling
recession
4 of 21
cost for borrowing money
interest
5 of 21
when the price of goods is rising
inflation
6 of 21
means to improve a location that has been in a period of decline
regeneration
7 of 21
money borrowed from a bank
loan
8 of 21
loan on a house
mortgage
9 of 21
money kept in the business which has come from profit
retained profit
10 of 21
formed of 28 countries under an economic and political alliance
European union
11 of 21
to send good out of the country
export
12 of 21
bring in good from abroad
import
13 of 21
a limited number of people or things
quota
14 of 21
able to act without restrictions
free movement
15 of 21
buying and selling online
e commerce
16 of 21
money from customers and other sources
inflow
17 of 21
money paid to suppliers
outflow
18 of 21
cost of making products
variable
19 of 21
has to be paid
fixed
20 of 21
costs and revenue are the same
break even
21 of 21

Other cards in this set

Card 2

Front

replacing humans with machines

Back

automation

Card 3

Front

when employment and consumer income are rising

Back

Preview of the front of card 3

Card 4

Front

when employment and consumer incomes are falling

Back

Preview of the front of card 4

Card 5

Front

cost for borrowing money

Back

Preview of the front of card 5
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