Chapters 1.1-1.4
A business that makes new items resides in which economic sector?
What is the Secondary Sector?
This analysis is completed before an expansion.
What is A STEEPLE Analysis
When an employee is removed from a company for poor behaviour, performance, or breaking a law. It is called this.
What is Dismissal?
This internal source of finance comes from the money left over from the previous fiscal year/period.
What is Retained Profit
This Profit Margin calculation takes into account both direct and indirect costs.
What is Net Profit Margin/NPM
A business that provides a public service but is operated by a company in the private sector is a?
What is a Public-Private Partnership (PPP)
The 'T' in STEEPLE analysis stands for this.
What is Technology
When a Manager give a task to someone in a lower position than them, it is called this.
What is Delegation?
This calculation shows the difference between the Break-Even Quantity and the Level of Demand.
What is Margin of Safety
This ratio is often referred to as the 'Key Ratio'
What is Return on Capital Employed/ROCE
What does CSR stands for?
What is Corporate Social Responsibility?
This external growth methods is when two or more companies decide to start a new company together, separate from their previous firms.
What is a Joint Venture
This basic type of organizational structure has a narrow span of control.
What is a Tall/Vertical organizational structure.
Lumber/Wood for a carpenter making furniture is an example of what type of cost?
What is a Direct Cost
This liquidity ratio takes the Stock/Inventory value out of its calculation.
What is Acid Test/Quick Ratio
The Internal Economy of Scale which allows a business to buy in bulk at lower prices is called?
What is a Purchasing Economy of Scale?
The Internal Economy of Scale which allows a business to buy in bulk at lower prices is called?
What is a Purchasing Economy of Scale?
This type of training focuses on team building and leadership skills.
What is Behavioural Trainining?
Any asset that can be turned into cash quickly is considered to be what
What is a Liquid Asset
The final area in a monthly Cash Flow Forecast is called the what.
What is the Closing Balance.
This stakeholder group is mostly concerned with long-term finance and interest rates being paid on time
What are Banks and other lenders?
When a company expands into a new country, this country is then referred to as the...
What is Host Country
This type of employee is usually full-time, has the most benefits, and is the most essential to an organization.
What are Core Workers
The first area of this Final Account document starts with Sales Revenue
What is a Profit and Loss Account
The money used in day to day operations is called this
What is Working Capital