The major tool adopted by a business to achieve its goals.
What is Strategy?
100
The property and other items and effects of a business, such as business premises, machinery, vehicles and cash (tangible assets) and patens, trademarks and goodwill (intangible assets)
What are Assets?
100
Requires relevant information to be identified, collected and analysed to determine an appropriate course of action.
What is Financial decision-making?
100
A type of bill of exchange (loan) issued by institutions other than banks.
What is a Commercial bill
100
A loan for a set period if time but is not backed by any collateral or assets.
What is an Unsecured note:
200
Encompasses the strategies that a business will use to achieve its goals.
What is Strategic plan?
200
The ability of a business to maximise its profit.
What is Profitability?
200
The funds provided by the owners of the business (finance) or from the outcomes of business activities (retained earnings)
What is Internal fincance?
200
A document ordering the payment of a certain amount of money at some fixed future date.
What is Bill of exchange:
200
A long-term source of borrowing for businesses. It involves the payment of money for the use of equipment that is owned by another party.
What is Leasing:
300
These Break the business operations into achievable and manageable outcomes that can be measured and evaluated
/What are Business objectives
300
The ability of the business to increase its size in the longer term.
What is Growth?
300
The funds contributed by owners or partners to establish and build the business
What is Owner’s Equity
300
The selling of accounts receivable for A discounted price to a finance or factoring company (instant liquidity boost)
What is Factoring:
300
A distribution of a company’s profits (either yearly or half-early) to shareholders and is calculated as a number of cents per share:
What is Dividend
400
Resources in a business that have a monetary or money value.
What are Financial Resources
400
The extent to which a business can meet its financial commitments in the short term
What is Liquidity
400
The funds provided by sources outside the business, including banks, other financial institutions, government, suppliers or financial intermediaries
What is External finance:
400
A loan secured by the property of the borrower.
What is Mortgage
400
Deal with the new issue of debt instruments by the borrower of funds.
Deal with the purchase and sale of existing securities.
What are primary and secondary markets?
500
The planning and monitoring of an business’s financial resources to enable the business to achieve its financial goals.
What is Financial Management
500
The extent to which the business can meet its financial commitments in the longer term.
What is Solvency:
500
The bank allows a business or individual to overdraw their account up to an agreed limit and for a specified time, to help overcome a temporary cash shortfall (insufficient liquidity)
What is Bank Overdraft
500
Issued by a company for a fixed rate of interest and gfor a fixed period of time.
What is Debentures
500
Refers specifically to the projected changes to the level of economic growth throughout the world.