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Business keywords A & B Flashcards | StudBud
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Business keywords A & B
Business keywords A & B
20 terms
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Business keywords A & B
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
occurs when the SUPPLIER of the business is taken over BY that business
Horizontal integration
FORWARD vertical integration
BACKWARD vertical integration
Byeline integration
2
The long term OBJECTIVE of the business
AIM
target
3
The path along which Orders pass within a business
Chain of command
Chain Gang
Chain of business
Chain of fools
4
In a Competitive environment there is only 1 Business
False
True
5
Services from ONE BUSINESS to ANOTHER BUSINESS
Service commercials
Commercial Services
6
When the producer adds a sum of money to the cost of producing something to determine the selling price
Cost Plus pricing
Cost loss leaders
7
Competitive pricing is usually ABOVE the price of other businesses
False
True
8
The various places where adverts may be found
Batch production
Advertising media
Blogs
TV
9
batch production
a unique one-off product
a number of identical products made at once
continuous or flow production
10
Long to medium term loans to buy goods
bank loan
Credit card
kickstarter
Overdraft
11
Helps decision making, aims, objectives, strategies and finance
Business plan
Bank loan
12
these people are recruited by research companies to comment on products
Consumer Panels
consumer Secret shoppers
13
Cash flow involves the difference between INFLOW & OUTFLOW of cash in a business
False
True
14
Consumer goods are for the final consumer not a business
False
True
15
provide information and allow discussion on the internet
Break evens
Blogs
16
Money held in the business OR its BANK Accounts
Cash card
Cash flow
Cash balance
Cash
17
When the total money IN is the same as the total money OUT of a business
break down
Break even
break out
Break dance
18
Wealthy people who invest private capital for a share of a business
Business Buyer
Business Devil
Business Angel
Business Blocker
19
Owned by employees or customers
Co-operatives
Consumers
20
the AMOUNT taken from the cost of selling every good used towards paying the fixed costs
Consolation
Contribution
Selling price minus cost of making
Cost
