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Accounting
Economics
Marketing
General
Finance
100
A cost that does not change with an increase or decrease in the amount of goods or services produced. Expenses that have to be paid by a company, independent of any business activity.
What is Fixed Cost?
100
The loss of potential gain from other alternatives when one alternative is chosen.
What is opportunity cost?
100
Refers to a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process (e.g. a food manufacturer purchasing salt).
What is B2B?
100
Usually expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments. Can also be expresses as the following formula: (Net Profit / Cost of Investment) x 10
What is ROI (or Return on investment)?
100
The process of determining the current worth of an asset or company.
What is Valuation?
200
Earnings before interest, taxes, and amortization, this term refers to a company's earnings before the deduction of interest, taxes and amortization expenses. It is a financial indicator used widely as a measure of efficiency and profitability.
What is EBITA?
200
An economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
What is Labor?
200
A semi-fictional representation of your ideal customer based on market research and real data about your existing customers.
What is Persona?
200
This is invested in a project in which there is a substantial element of risk, typically a new or expanding business.
What is Venture Capital?
200
A company or corporation whose ownership is dispersed among the general public in many shares of stock which are freely bought and sold on a stock exchange or in over the counter markets.
What is Publically Traded?
300
Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in dollars. Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles.
What are Assets?
300
An economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation.
What is Consumer Confidence?
300
This is associated in convincing a customer to buy a product/service.
What is Customer Acquisition Cost?
300
A quantity calculated to indicate the extent of deviation for a group as a whole
What is Standard Deviation?
300
A type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings.
What is Stock?
400
A costing methodology that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each.
What is Activity Based Costing (ABC)?
400
Total outstanding borrowings of a central government comprising of internal (owing to national creditors) and external (owing to foreign creditors) debt incurred in financing its expenditure.
What is National Debt?
400
This is the process through which every product goes from introduction to withdrawal or eventual demise.
What are Life Cycle Stages?
400
This is a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.
What is a SWOT Analysis?
400
A security with a price that is dependent upon or derived from one or more underlying assets.
What is a Derivative?
500
This term refers to a systematic and independent examination of books, accounts, documents and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern.
What is Audit?
500
The exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices.
What is Monopoly?
500
A comprehensive measure used for estimation of price changes in a basket of goods and services representative of consumption expenditure in an economy
What are CPI?
500
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
What is a Balance Sheet?
500
Any person, company or other institution that owns at least one share of a company's stock.
What is a Shareholder?