Strange as folk
A person who starts and manages a new business
What is entrepreneur ?
To change the organization or structure of a company
What is restructure?
The decrease in value of an asset over time
What is depreciation?
General agreement among a group of people.
What is consensus?
The percentage of revenue that remains after all expenses are paid
What is profit margin?
The rate at which employees leave and are replaced
What is turnover?
A company controlled by a larger parent company
What is subsidiary?
Something valuable owned by a company, such as property or equipment
What is asset?
A standard used to measure or compare performance
What is benchmark?
Goods sent to another company to be sold on your behalf
What is consignment?
Something that encourages people to work harder or achieve more
What is incentive?
A business that operates under the name and system of an existing company
What is a franchise?
The ongoing costs of running a business
What is overhead?
To give responsibility or authority to someone else
What is delegate?
A fixed number or limit, especially for sales or production targets
What is quota?
Anyone affected by or interested in a company’s actions
What is a stakeholder?
A business owned and managed by two or more people
What is a partnership?
The value of ownership in a company, or fairness in treatment
What is equity?
A company’s legal or financial responsibility
What is liability?
Expanding into new products or markets to reduce risk
What is diversification?
A person who works for a company
What is employee?
Hiring another company to handle part of your work or production
What is outsourcing?
A period of economic decline across a country or industry
What is recession?
Following laws, regulations, or company policies
What is compliance?
Total sales over a period
What is turnover?