6 Questions
What is the term for a part of a company's profits paid to the owners of shares?
Dividend
What is the term for a period of time when business activity decreases because the economy is doing badly?
Recession
What is the term for units of ownership in a company, representing a portion of its value?
Shares
What is the term for the amount of money which a business obtains from customers by selling goods or services?
Annual turnover
What is the term for the difference between the price of a product or service and the cost of producing it?
Profit Margin
What is the term for when a person or organization is unable to pay their debts?
Bankruptcy
Study Notes
Business and Economics Terms
- Forecast: a prediction of what is likely to happen in the future
- Dividend: a part of a company's profits paid to shareholders
- Stock Market: a place where company shares are bought and sold
Business Performance
- Annual Turnover/Revenue: the amount of money a business obtains from customers in a year
- Profit Margin: the difference between the price of a product or service and the cost of producing it
- Pre-tax Profit: the money a business makes before paying taxes
Financial Status
- Recession: a period of decreased business activity due to a struggling economy
- Investment: money put into a business to make a profit
Business Ownership
- Shares: units of ownership in a company, representing a portion of its value
- Bankruptcy: when a person or organization is unable to pay their debts
Test your understanding of key business and economic terms, including forecasting, stocks, investments, and more. Identify the correct definitions and terminology used in the business world.
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