Type of business ownership that allows shares of its company to be sold on the Stock Exchange
Public Limited Company
1 of 26
A key idea in a business that includes price, product, place and promotion
Marketing Mix
2 of 26
A type of short term source of finance that must be have a limit set on with a bank
Overdraft
3 of 26
An owner of a company
Shareholder
4 of 26
Individuals or organisations that are affected by the activities of a business
Stakeholders
5 of 26
A business set up to help society rather than to make a profit
Social enterprise
6 of 26
Someone willing to take the risks involved in starting a business
Entrepreneur
7 of 26
The process of gathering, analysing and presenting data relevant to marketing
Market Research
8 of 26
Percentage of sales of one product compared to the total market sales
Market share
9 of 26
This business type occurs when someone sells their existing business idea to another
Franchise
10 of 26
The seller of a franchise
Franchisor
11 of 26
The buyer of a franchise
Franchisee
12 of 26
The process of producing a business plan
Business planning
13 of 26
A document setting out what a business does at present, plus what it intends to achieve and how this will be accomplished. It will include marketing and financial information
Business plan
14 of 26
An agreement between partners that sets out the rules of the partnership.
Deed of partnership
15 of 26
The amount of income a firm makes from selling its goods or services
Revenue
16 of 26
The amount by which a business's revenue exceeds its costs
Profit
17 of 26
This occurs when a business cannot meet its financial commitments when they are due.
Insolvency
18 of 26
The process of finding and appointing new employees.
Recruitment
19 of 26
The term that means the payment of employees.
Remuneration
20 of 26
Money paid by businesses to employees and normally paid monthly
Salary
21 of 26
The range of factors that influence people to behave in certain ways.
Motivation
22 of 26
The set of rules that governs the way in which society operates. It's another term for laws.
Legislation
23 of 26
The extent to which a consumer is satisfied with a product.
Quality
24 of 26
The buildings used by businesses
Premises
25 of 26
The act of selling a product using the internet
E-commerce
26 of 26
Other cards in this set
Card 2
Front
A key idea in a business that includes price, product, place and promotion
Back
Marketing Mix
Card 3
Front
A type of short term source of finance that must be have a limit set on with a bank
Back
Card 4
Front
An owner of a company
Back
Card 5
Front
Individuals or organisations that are affected by the activities of a business
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