Shared Flashcard Set

Details

Business Studies
Keywords
12
Business
9th Grade
12/12/2023

Additional Business Flashcards

 


 

Cards

Term

Advertising

 

 

 

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Definition
Involves paid for communciations
Term

Aim 

 

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Definition
A gernal goal of a business
Term

Apps( applications)

 

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Definition
Pieces of software designed for a specific purpose and for use on smartphones and tablets
Term

Break even point

 

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Definition
The level of production at which a business's total costs  and reveneue from sales are equal.
Term

Business plan

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Definition
A document setting out what a business does and what it hopes to achieve in the future 
Term

Business planning

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Definition
The process of producing a business plan
Term

Cash flow 

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Definition
The money that flows into and out of a business on a day to day basics.
Term

Cash flow forecast

 

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Definition
A plan of the expected inflows  and outflows to and from a business over a period of time
Term

Cloud computing

 

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Definition
A gernal term for the delievery of specialist computing services, such as the storage of very large amounts of data, provided by businesses using the intrest.
Term

 

Competition

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Definition
The rivalry between businesses looking to sell their goods/services in the same market.
Term

 

Consumer law

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Definition
Laws designed to ensure that businesses make products that are safe and of good quality, and that they deal with customers honestly and fairly.
Term

Consumer spending

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Definition
The money spent by households on goods and services to satisfy their needs and wants.
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