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Starting a Business
BM Models, Concepts and Tools
Finance Fun
Business Case Studies
What we have missed?
100
A document which sets out how the business will meet its business objectives.
What is a business plan?
100
Tool used by managers to help identify internal strengths and external threats and opportunities.
What is a SWOT analysis?
100
Money raised from the sale of shares of a limited company.
What is share capital?
100
An example of a for profit social enterprise.
What is TOMs?
100
The positive difference between sales revenue and total costs.
What is profit?
200
Form of ownership that entails more than one owner who share decision making and liability and profits.
What is partnership?
200
Tool used to look at growth potential.
What is The Ansoff Matrix?
200
Agreement between businesses that allows the buyer of goods or services to pay seller at later date.
What is trade credit?
200
Multinational that produces many different household products and is very focused on CSR.
What is Unilever?
200
A financial document that shows expected month-by-month receipts and payments of a business that have not yet occurred.
What is a cash-flow forecast?
300
A form of business that has a social purpose.
What is a social enterprise?
300
Tool used to examine factors in the external environment.
What is a STEEPLE?
300
Affluent individuals who provide financial capital to small start-ups in return for equity in these businesses.
What is a business angel?
300
A successful business where the owner was worried about growing too fast.
What is Zenefits?
300
A business created between a private sector business and the public sector.
What is a PPP?
400
Statement showing long term aspirations and aims of a business.
What is a vision statement?
400
The reduction in average unit cost as a business increases in size.
What is economies of scale?
400
The difference between the selling price per unit and the variable cost per unit.
What is contribution per unit?
400
A for- profit business started by entrepreneur who recognized a niche in a competitive market
What is GoPro?
400
And individual or a group who have a direct interest in or are affected by the operations of a business.
What is a stakeholder?
500
A concept that a business has an obligation to operate in a way that will have a positive impact on society.
What is CSR?
500
When two businesses agree to combine resources for a specific goal over a finite period of time.
What is a joint venture?
500
The direct cost of producing or purchasing the goods that were sold during a period of time.
What is the cost of goods sold?
500
A fast growing highly successful fast food restaurant with a environmental profile.
What is Chipotle?
500
The process by which the world's regional economies are becoming one integrated global unit.
What is globalization?