business word pt.1
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Questions and Answers

Money or assets used to start, operate, or expand a business.

  • market
  • capital (correct)
  • overheads
  • plan

The group of potential customers or clients for a particular product or service.

  • sales
  • Investment
  • Market (correct)
  • facility

The movement of goods, information, or money within a business or the broader economy.

  • flow (correct)
  • expenses
  • franchise
  • shareholders

Ongoing operating expenses of a business, such as rent, utilities, and salaries, not directly tied to production.

<p>overheads (D)</p> Signup and view all the answers

Rivalry among businesses or individuals for customers, market share, or resources.

<p>competition (A)</p> Signup and view all the answers

A detailed strategy or roadmap outlining business goals and the steps to achieve them.

<p>plan (B)</p> Signup and view all the answers

A physical location or structure used for business operations or production.

<p>facility (D)</p> Signup and view all the answers

Goods or services offered by a business for sale to customers.

<p>products (C)</p> Signup and view all the answers

The inventory of goods a business holds for sale or raw materials for production.

<p>stock (A)</p> Signup and view all the answers

The allocation of funds or resources with the expectation of generating future income or profit.

<p>investment (C)</p> Signup and view all the answers

The costs incurred in the process of running a business, including overheads, wages, and materials.

<p>expenses (D)</p> Signup and view all the answers

The revenue generated by selling products or services to customers.

<p>sales (A)</p> Signup and view all the answers

A very large company with offices in many different countries is

<p>a multinational (C)</p> Signup and view all the answers

A business that is owned by another larger company is

<p>a subsidiary (A)</p> Signup and view all the answers

A company which controls a smaller company is

<p>a parent company (D)</p> Signup and view all the answers

A company which salls its shares to the public is

<p>a limited company (A)</p> Signup and view all the answers

A business which has a licence to use the name and sell the products or services of a larger company which provides support is

<p>a franchise (D)</p> Signup and view all the answers

A business owned and operated by private individuals or entities, rather than the government is

<p>a private entreprise (B)</p> Signup and view all the answers

A synonym for a business or company, often used to describe a business entity, regardless of its size or structure is

<p>a firm (A)</p> Signup and view all the answers

Individuals or entities that own shares or equity in a company, representing ownership and a claim on the company's profits is

<p>shareholders (D)</p> Signup and view all the answers

Physical or virtual locations of a business that operate under the same name and branding, often in different geographic areas is

<p>a branche (B)</p> Signup and view all the answers

Individuals elected or appointed to oversee the management and decision-making processes of a company, often responsible for the company's strategic direction and compliance with laws and regulations is

<p>Directors (A)</p> Signup and view all the answers

A business enterprise in which ownership, management, or both are controlled by members of a single family, often spanning multiple generations is

<p>a family business (D)</p> Signup and view all the answers

what is a range ?

<p>A series or set of items or values within a defined scope or limits. (A)</p> Signup and view all the answers

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