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</p> Signup and view all the answers

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

    <p>competition</p> Signup and view all the answers

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

    <p>plan</p> Signup and view all the answers

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

    <p>facility</p> Signup and view all the answers

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

    <p>products</p> Signup and view all the answers

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

    <p>stock</p> Signup and view all the answers

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

    <p>investment</p> Signup and view all the answers

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

    <p>expenses</p> Signup and view all the answers

    The revenue generated by selling products or services to customers.

    <p>sales</p> Signup and view all the answers

    A very large company with offices in many different countries is

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

    A business that is owned by another larger company is

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

    A company which controls a smaller company is

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

    A company which salls its shares to the public is

    <p>a limited company</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</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</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</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</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</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</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</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.</p> Signup and view all the answers

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