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BF
BUISNESS FLASHCARDDS
10
Other
10th Grade
12/12/2023

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Cards

Term
  • ADVERTISEMENT
Definition
advertising is an industry used to call the attention of the public to something, typically a product or service.
Term
AIM
Definition
A business aim is the overall long-term target or goal of the business, whereas business objectives are the short-term steps a business needs to take to meet its overall aims.
Term
APPS
Definition
Mobile applications – Applications (apps) are designed to run on smart phones and tablets. They can be used to create documents, capture images and enable banking transactions. Websites – A page or group of pages containing written and visual information using various media.
Term
ASSET
Definition
In broad terms, assets are things that a business owns, whilst liabilities are things or money that a business owes. Assets are split into two different categories, current and fixed (or non-current): Current assets are short term, they will be owned for, or last for, less than a year.
Term
AUTHORITY
Definition
Authority. Definition: Having power or control over something. Delegation. Definition: The passing down of authority to more junior employees. Span of Control.
Term
BALANCE SHEET.
Definition
The term balance sheet refers to a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.
Term
BOSTON MATRIX
Definition

a way of analyzing a products share and growth in their market.

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Term
break even.
Definition
the level of production at which a business total cost and revenue from sales are equal.
Term
break even chart.
Definition

shows a business costs and revenues and the level of production needed to break.

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Term
building socitey.
Definition
organizations that offer a range of financial services; their major business is providing savings accounts and lending money for the pourpose of buying property.
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