(Blank)
This is the Business processes that are used to understand, anticipate and satisfy consumer needs and wants both now and in the future
What is Marketing
This formula is Gross Profit x 100 / Sales
What is a Gross Profit Margin
These stakeholders often provide funding to startups and emerging companies in exchange for equity. Who are they?
Who are Investors
This is a social science. It studies how scarce resources are distributed to satisfy the needs and wants of consumers and businesses.
What is Economics?
Song 1
All The Things She Said - T.a.T.u
Geographic, Demographic and Psychographic are examples of this
What is Market Segmentation
My ideal ratio is 1:1
What is Acid Ratio
In the business world, who are the organisations or companies that offer similar products or services and vie for the same market share?
Who are Competitors
This is a sustained increase in the level of selling prices over a specified period. It reduces the buying power of each euro
What is Inflation
Song 2
Teenage Dirtbag - Wheatus
This is a name, logo, letters and numbers to distinguish themselves from their competitors
What is a Brand
If my debt is low I am _________
What is a Low Gearing
What entity sets and enforces rules and regulations that businesses must adhere to in order to operate legally?
Who are the Government
This is the cost of borrowing money
What is Interest
Song 3
Man I Need - Olivia Dean
Examples of this include NEW FEATURES, CHANGE THE PRODUCT, LOWER PRICE & ADVERTISING
What is Extension Strategies
My ideal ratio is 2:1
What is Current Ratio
In a business, which stakeholder group is responsible for providing labor and expertise in exchange for compensation?
Who are Employees
This is an increase in gross national product (GNP) per head without any changes in the structure of society
What is Economic Growth?
Song 4
Joxer Goes to Stuttgart - Christy Moore
This is the formula for the Breakeven Point
What is Fixed Costs over CPU
This formula is Net Profit x 100 / Capital Emplyed
What is Return on Investment
SIPTU, ASTI and IFA are examples of these
What are Interest Groups
This is everyone between the ages of 16 and 65 who is working or available for work
What is the Labour Force
Song 5
Breathless - The Coors