A payment to an employee based on a percentage of their sales.
What is commission?
extreme form of business leadership where leaders have absolute power over their workers
autocratic
Activities offered by an organisation designed to include and develop people from different backgrounds, ethnic origins...
Diversity
A price completely attributable to the production of goods or services. Usually related to materials, labor and expenses.
Direct costs
Used to assess whether the benefits of a project or course of action outweigh the costs (time, money, resources), including opportunity cost
Cost Benefit Analysis
A standard against which performance and progress can be measured.
Benchmark
Transactions between a business and consumers
Business-to-consumer (B2C)
The wider responsibility of a company that extends beyond shareholders to include other stakeholders such as employees, suppliers and the community as well as the natural environment.
Corporate (Social) Responsibility CSR
Two words that mean go down sharply that begin with the letter P.
plunge, plummet
To put something off, to delay (Starts with p)
procrastinate
(a) capital owned by an individual or by a firm. The share capital of a company is called equity (b) fairness as distinct from equality.
Equity
3 types of business charts used in PPTs
bar chart , pie chart, line chart...
A name, design or symbol that gives a product, product range or company an identity that is distinct from competitors.
Brand
Where one business takes over another, usually by obtaining over 50 per cent of the shares.
Acquisition
Transactions between business enterprises
Business-to-business (B2B)
Treatment of an individual or group differently from others.
Discrimination
The business that has the largest share of the market, measured by sales (value or volume).
Market leader