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Flashcards Chapter 2

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GCSE (Flashcards) Business studies Fichas sobre Flashcards Chapter 2, creado por Ryan Buckley el 21/06/2016.
Ryan Buckley
Fichas por Ryan Buckley, actualizado hace más de 1 año
Ryan Buckley
Creado por Ryan Buckley hace más de 10 años
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Resumen del Recurso

Pregunta Respuesta
Break even A business breaks even when the total costs of its product equal the revenue from its sales.
Efficiency The best use of resources.
Market share The amount of a market a business has, expressed as a percentage of the total market.
Maximisation Achieving the most of something that is possible.
Mission statement A short phrase that sums up what a company believes in and what it wants to achieve.
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