More cards in this set

Card 6

Front

All the costs of a business; equal to fixed costs plus variable costs

Back

Preview of the front of card 6

Card 7

Front

The process of transforming inventions into products that can be sold to customers.

Back

Preview of the front of card 7

Card 8

Front

Achieving a minimum standard for a product or service, or a production process which meets customers needs

Back

Preview of the front of card 8

Card 9

Front

The amount of stock held by a business at which an order for new stock is placed with suppliers.

Back

Preview of the front of card 9

Card 10

Front

The flow of cash into and out of a business

Back

Preview of the front of card 10

Card 11

Front

The highest amount of stock to be kept by a business.

Back

Preview of the front of card 11

Card 12

Front

The number of people who report directly to another worker in an organisation.

Back

Preview of the front of card 12

Card 13

Front

Overtime

Back

Preview of the front of card 13