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Business Vocabulary Flashcards | StudBud
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Business Vocabulary
Business Vocabulary
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1
What is a 'share'?
any of the equal parts into which a company is divided
a company which has more than one owner
2
How much money did Scott Harrison's charity raise?
$37.5 million
$43.4 million
$68.2 million
3
What is a target market?
a group of consumers at which a product or service is aimed
the place where a company buys its products
4
What is a 'cashflow forecast'?
the amount of products a business will sell in a year
estimate of the money a business will spend/receive
5
What is the definition of 'profit'?
money that is made in a business
the things a company owns: buildings, vehicles etc.
6
How is a social enterprise (SE) different from standard businesses?
SEs always help the environment
SEs never make a profit
SEs should reinvest the majority of their profits
7
How many followers does Rachel Brathen's Instagram account have?
1.6 million
16 million
16,000
160,000
8
What is equity?
equal pay
a share in a company
fair working conditions
9
What does the title CEO stand for?
Chief Enterprise Officer
Chief Entrepreneurial Officer
Chief Executive Officer
10
What is a business's 'vision'?
A business's short term goal
A business's long term goal
11
Who is Shiza Shahid?
An expert in education
A Nobel Peace Prize winner
Malala Yousafzai's best friend
co-founder of the Malala Fund
12
What is an elevator pitch?
being stuck in an elevator with your boss
A two minute summary that explains your business
13
What is the definition of 'privatisation'?
the transfer of a business from public to private ownership
when a business is owned by only one or two people
when a business is owned by its employees
when a business has lots of secrets
14
What is the definition of 'turnover'?
a business's total money lost in a year
A business's total sales income for a year
15
What does 'investment' mean?
put (money) into a business to gain a profit
take money out of a business
16
What are a company's assets?
the employees of the business
things a business owns cash in the bank, buildings, vehicles
things a business sells
17
What is the definition of 'capital' in business terms?
wealth - money or other assets owned by a business
the main headquarters of the business
a city that is the centre of government of a country
