Shared Flashcard Set

Details

VOcab
2.8
27
Business
11th Grade
04/12/2013

Additional Business Flashcards

 


 

Cards

Term
Operating Expenses
Definition
An expenditure that comes form normal business
Term
Fixed Costs
Definition
Costs that never change
Term
Variable Costs
Definition
Costs that vary depending on Production
Term
Semi-Variable Costs
Definition
Costs that are a mixture of both
Term
Gross Profit
Definition
a company's revenue minus its cost of goods sold
Term
Break-Even Point
Definition
Amount of sales or revenues that a business needs to match its expenses
Term
Business Plan
Definition
A document that states the plan for new business strategies
Term
Executive Strategies
Definition
Brief recounting of key points in the business plan
Term
Management Team Plan
Definition
Qualifications
Term
Company Description
Definition
Outlines the companies basic background and information
Term
Product and Service Plan
Definition
Describes features and benefits of the products
Term
Vision and Mission Statements
Definition
Sets guiding principles
Term
Industry Overview
Definition
Addresses Basic trends
Term
Market Analysis
Definition
Presents market research and features to a customer
Term
Competitive Analysis
Definition
Demonstrates business advantages
Term
Market Plan
Definition
Tells customers about businesses market strategies
Term
Operational Plan
Definition
Includes information about the processes used in the office
Term
Financial Plan
Definition
Presents finances past and current
Term
Growth Plan
Definition
Looks at how a business will expand in the future
Term
Contingency Plan
Definition
Examines assumptions and greatest risks, then gives advice on how to minimize that risk
Term
Cover Page
Definition
First page of the business plan
Term
Title Page
Definition
The page with the title and other important information
Term
S.B.A
Definition
a federal agency that provides service to small business
Term
S.C.O.R.E
Definition
Dedicated to provide free face-to-face and e-mail counseling to small business
Term
S.B.D.Cs
Definition
a program administered by the S.B.A
Term
Chambers of Commerce
Definition
Provides information on the local economy
Term
Trade Association
Definition
Offers assistance in tech problems
Supporting users have an ad free experience!