Podcast
Questions and Answers
What is the term for a part of a company's profits paid to the owners of shares?
What is the term for a part of a company's profits paid to the owners of shares?
- Annual turnover
- Dividend (correct)
- Profit Margin
- Pre-tax profit
What is the term for a period of time when business activity decreases because the economy is doing badly?
What is the term for a period of time when business activity decreases because the economy is doing badly?
- Forecast
- Recession (correct)
- Investment
- Bankruptcy
What is the term for units of ownership in a company, representing a portion of its value?
What is the term for units of ownership in a company, representing a portion of its value?
- Dividend
- Investment
- Shares (correct)
- Stock Market
What is the term for the amount of money which a business obtains from customers by selling goods or services?
What is the term for the amount of money which a business obtains from customers by selling goods or services?
What is the term for the difference between the price of a product or service and the cost of producing it?
What is the term for the difference between the price of a product or service and the cost of producing it?
What is the term for when a person or organization is unable to pay their debts?
What is the term for when a person or organization is unable to pay their debts?
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
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Description
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.
