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Business
Terms
Quizzes
Are
Fun
100
A person who purchases goods and services for personal use.
What is a consumer?
100
A sum added to an ordinary price or charge
What is premium?
100
The people (consumers) with the desire (they want to buy) and ability (they can afford) to buy a product or service
What is market?
100
The total amount of money being transferred into and out of a business
What is cash flow?
100
Businesses offering the same or similar products or services to you
What is competitors?
200
Money or other assets used to start your business
What is capital?
200
Pay back (money), typically to a customer who is not satisfied with goods or services bought
What is refund?
200
A company's legal debts or obligations that arise during the course of business operations.
What is liability?
200
A service charge assessed by a broker or investment advisor in return for providing investment advice
What is commission?
200
Someone who commits capital in order to gain financial returns
What is investor?
300
Relating to financial matters in general
What is fiscal?
300
Money earned before expenses are removed
What is gross?
300
A resource with economic value
What is asset?
300
Money earned after expenses are removed
What is net?
300
Market Potential - The revenue of all suppliers of a product in a market during a certain period.
What is market potential?
400
The monetary value of a business after debts are removed
What is equity?
400
Spend money with the expectation of achieving a profit
What is invest?
400
How capable something is of being accomplished or brought about
What is feasibility?
400
Things that a business uses to determine performance (ie. how well they are doing in terms of their goals).
What is Key Performance Indicators?
400
The money that your business makes after expenses are taken out
What is profit?
500
The ability to convert an asset to cash quickly
What is liquidity?
500
An advantage that a business has over its competitors
What is competitive advantage?
500
An act of assuming control of something, especially the buying out of one company by another
What is takeover?
500
The action or business of promoting and selling products or services, including market research and advertising.
What is marketing?
500
The consumers a company wants to sell its products and services to, and to whom it directs its marketing efforts
What is target market?