Business Finance
Refers to the possibility of loss when you invest in a business
risk
The ability of the business to offer products or services that meet or exceed market standards in relation to other businesses
competitiveness
The act of selecting among alternatives
choice
A business that employs fewer than five people (including the owner)
micro business
What remains after all business expenses have been deducted from sales revenue
profit
Actual and potential customers whose needs and wants a business wishes to satisfay
target market
The development of something new
invention
The final stage of the Business Life Cycle
maturity
Money received by a person for providing his or her labour, or a business from a return on its investments
income
A fixed amount of money paid on a regular basis, usually fortnightly or monthly, to a permanent employee of a business
salary
An improvement on something already established
innovation
The process of planning and executing the conception, pricing, promotion and distribution of your ideas, goods or services
marketing
All the costs of running the business except the cost of goods sold
operating costs?
People who are part owners of a company because they own a number of shares
shareholders?
Servise down for thousand of users for which company?
Amazon
A company that has branches in many different countries
Multinational Corporation
The money a business receives as payment for its products
revenue
Activities undertaken by the Business that combine the resources to create products
production
Someone who starts operates and assumes the risk of a business venture in the hope of making a profit
entrepreneur
Refers to the business's share of the total industry sales for a particular product
market share